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Business fallout as Gov. Scott declares state of emergency
Tropical Storm Debby threatens the state of Florida with a major disaster, Gov. Rick Scott said in declaring a state of emergency, the Tampa Bay Business Journal reports. Scott’s declaration triggers activation of the state’s comprehensive emergency management plan and other responses needed to cope with the emergency. The order ensures state, regional and local governments can take necessary actions to protect the lives and property of people in threatened communities, Scott’s office said. Orlando Business Journal
Submitted 2 years 115 days ago

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Judge blocks Fla. law barring govt. contracts for companies that do business in Cuba or Syria
MIAMI — A federal judge on Monday temporarily blocked Florida from enforcing a new state law barring companies from bidding on state and local government contracts if they or any affiliates also do business in Cuba or Syria. U.S. District Judge K. Michael Moore issued the temporary injunction after hearing arguments in a lawsuit filed by a Florida-based subsidiary of a Brazilian conglomerate, which contended that the law is unconstitutional. The lawsuit by Odebrecht Construction Inc. claims the law runs afoul of the federal government’s sole powers to direct U.S. foreign policy. Washington Post
Submitted 2 years 115 days ago

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NC will rule quickly on Duke Energy-Progress Energy merger
After a brief hearing Monday, N.C. regulators are poised to rule on Duke Energy’s proposed $26 billion purchase of Progress Energy in a matter of days. Ed Finley, chairman of the N.C. Utilities Commission, said as the hearing ended that parties were free to file proposed orders in the case. But he said the commission will not wait for them. The commission will issue an order “as expeditiously as possible,” whether or not any additional filings are made. Charlotte Business Journal
Submitted 2 years 115 days ago

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New parent of O'Charley's, J. Alexander's moves HQ to Nashville
The holding company that recently purchased Nashville-based O'Charley's Inc. and that announced plans Monday to also purchase the J. Alexander's chain has quietly moved its corporate offices to Nashville, Nashville Post reports. American Blue Ribbon Holdings, a subsidiary of Fidelity National Financial, has moved its corporate offices from Denver to O'Charley's existing digs in the 100 Oaks area, the Post reports. Nashville Business Journal
Submitted 2 years 115 days ago

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Budget talks stall as gov't shutdown looms
House and Senate budget conferees remain deeply divided on two issues as they try to wrap up the state budget before the new fiscal year begins next week. After a pair of meetings today, they have not reached an agreement on trimming taxes for sole proprietorships -- such as medical and construction professionals -- and on purchasing property at the State Farmers Market in Dixiana. Without a new budget or a resolution to fund state workers and programs at current levels, South Carolina could face a government shutdown midnight Saturday. The State
Submitted 2 years 115 days ago

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Business boosters admit Atlanta in 'crisis' amid effort to boost city's economy
Atlanta is in crisis. That's not the message you'd expect to hear from the Metro Atlanta Chamber, the pro-business group that usually puts a cheerful face on the region's future. But it's at the heart of a plan the group unveiled Monday to jump-start the region's economy. Atlanta Journal Constitution
Submitted 2 years 115 days ago

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High court grants Georgia water-wars victory
The U.S. Supreme Court on Monday secured metro Atlanta's claim to water from Lake Lanier, handing Georgia an enormous legal victory in the tri-state water dispute. Three years ago, Atlanta faced a potential catastrophe when a federal judge ruled the U.S. Army Corps of Engineers had no right to allow almost 3 million metro residents to rely on the lake for drinking water. That same judge also set a doomsday clock ticking, saying he'd cut off the tap if Georgia, Alabama and Florida failed to work out a water-sharing plan within three years. Atlanta Journal Constitution
Submitted 2 years 115 days ago

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Why Perry Stands to Lose the Texas Senate Race, No Matter Who Wins
Friday night, after candidates David Dewhurst and Ted Cruz finished their debate on who would be best to fill Texas' Senate seat, Cruz fired off a shot at his opponent. He argued that Dewhurst's key supporter, Governor Rick Perry, only endorsed the lieutenant governor so that he could replace his number two. Perry, of course, quickly dismissed the allegation, but the exchange raised a good question—why has Rick Perry waded so far into a Senate primary from which he has little to gain? The American Prospect
Submitted 2 years 115 days ago

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Texas the next battleground for immigration legislation?
Texas could become the next battleground for immigration. In a state where lawmakers have proposed making English the state's official language and requiring presidential candidates to prove their citizenship, state lawmakers are eager to get to work during their next regular session in January and propose new immigration-related bills - especially because the Supreme Court Monday upheld a key piece of Arizona's immigration law. The Star-Telegram
Submitted 2 years 115 days ago

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Texans React to SCOTUS Ruling on Arizona Law
Opinions on the U.S. Supreme Court's ruling on Arizona's immigration law, SB 1070, run the gamut. Here's an aggregated look at where Texas lawmakers and interest groups fall on the spectrum. For reference, the Supreme Court opinion overturned several tough provisions in the bill, but upheld one of the most controversial: It allows police to inquire into the legal status of someone they stop. Texas Tribune
Submitted 2 years 115 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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