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STOCKS RALLY, TWITTER DIVES: Here's What You Need To Know
It was nice to see a healthy amount of green in the stock markets today. First, the scoreboard: Dow: 15,627.3 (+187.7, +1.2%) S&P 500: 1,772.3 (+20.7, +1.1%) Nasdaq: 4,056.3 (+44.8, +1.1%) Business Insider
Submitted 2 years 112 days ago

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Tennessee whiskey is strong overseas
Global thirst for Kentucky bourbon and Tennessee whiskey caused exports to spike beyond $1 billion for the first time ever in 2013, a distilled spirits trade group said Tuesday. The Tennessean
Submitted 2 years 112 days ago

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Gov. Haslam tries to keep UAW out of Tennessee


The Tennessean
Submitted 2 years 112 days ago

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International Shipholding Corp. Announces Relocation Of Corporate Headquarters To New Orleans
NEW ORLEANS — Today, Gov. Bobby Jindal and International Shipholding Corp. President Erik L. Johnsen announced the company will relocate its corporate headquarters from Mobile, Ala., to New Orleans, where the business was founded in 1947. Listed on the New York Stock Exchange as ISH, the company owns and operates a global fleet of waterborne cargo vessels. ISH recorded annual revenue of more than $310 million in its just-concluded 2013 fiscal year. After Hurricane Katrina, recovery challenges led the company to relocate its corporate headquarters to Mobile. Louisianaeconomicdevelopment.com
Submitted 2 years 112 days ago

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The Future of Federalism in a Polarized Country
What do health reform, homeland security, education reform and abortion have in common? Substantively, very little. But structurally, each of these areas has been subject to congressional or Supreme Court actions that were intended to guarantee equal and uniform treatment nationwide but which are now characterized by large policy differences among the states. Governing
Submitted 2 years 112 days ago

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What’s Behind States’ Population Growth?
While most states don’t experience significant population shifts over short periods, some added notable tallies of residents last year. In all, 15 states and the District of Columbia recorded population increases exceeding 1 percent. The Census Bureau's most recent estimates provide a glimpse of what’s behind annual population changes in each state. Some see large numbers of residents move in from other states, while others benefit more from births. Governing
Submitted 2 years 112 days ago

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States See Mixed Results in Attempts to Improve Financial Security
Nearly half of all American households exist in a state of persistent financial insecurity, according to a recent report by the Corporation for Economic Development (CFED), a nonprofit research and advocacy group focused on asset building for low-income households. Governing
Submitted 2 years 112 days ago

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UPDATE: Swiss auto supplier says it will bring 220 jobs to Georgia
JEFFERSONVILLE, GA — Another major company is joining the ranks of the ever-expanding River Ridge Commerce Center. newandtribune.com
Submitted 2 years 112 days ago

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Energy firms to build LNG plant in Jacksonville for Sea Star
Jacksonville’s natural gas boom is a step closer to reality. Two natural gas companies will form a joint venture to develop a new liqueified natural gas plant in Jacksonville for TOTE Inc., the parent company of Sea Star Line, the companies said Thursday. Jacksonville Business Journal
Submitted 2 years 112 days ago

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US Engine Valve to expand in Oconee Co., SC, 125 new jobs
COLUMBIA, S.C. - U.S. Engine Valve, a global automotive supplier of high-engineered valves, will expand operations in Oconee County. The $29.5 million investment is expected to add at least 125 new jobs to the company's existing facility in Westminster. SC Commerce
Submitted 2 years 112 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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