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In Victory for Obama, Court Backs Rules on Power Plants
WASHINGTON — The Supreme Court on Monday handed President Obama’s Environmental Protection Agency a victory in its efforts to regulate greenhouse gas emissions from stationary sources like power plants. New York Times
Submitted 2 years 100 days ago

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South Carolina Legislators Vote Themselves a $12,000 Pay Hike
S.C. state representatives voted to give themselves a $12,000-a-year pay raise Tuesday, overriding a veto of the pay hike by Gov. Nikki Haley. Overall, the GOP-controlled House voted to sustain only 15 of Republican Haley's 76 vetoes, agreeing to cut $1.4 million from the state's $7 billion general fund budget. Haley had wanted to trim $18.5 million from the state budget that takes effect July 1. Governing..com
Submitted 2 years 100 days ago

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A Ban on Internet Access Taxes Could Cost States Millions in Revenue
The House Judiciary Committee approved the Permanent Internet Tax Freedom Act (PITFA) in a 30-4 vote June 18, clearing a hurdle for a bill that would extend the current ban on Internet access taxes indefinitely and eliminate a source of tax revenue for states that qualified for an exception when the act was first signed into law. The proposed legislation will continue to ban federal, state, and local governments from taxing Internet access, including taxes on email, bandwidth, and charges levied by Internet service providers. Gorverning.com
Submitted 2 years 100 days ago

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This Cary NC ZIP code is among the 50 fastest growing in the country
The Cary-Morrisville area is seeing the largest amount of people moving into the Triangle, says one moving company, and the 27519 ZIP code may be growing the fastest. Triangle Business Journal
Submitted 2 years 100 days ago

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South Texas drone center gets FAA approval
The Federal Aviation Administration has given formal approval for an unmanned aircraft testing site near Corpus Christi. Texas A&M University-Corpus Christi’s Lone Star Unmanned Aircraft Systems Center of Excellence & Innovation (LSUASC) has met all federal requirements to begin full operations as a test site, becoming one of only six across the nation. San Antonio Business Journal
Submitted 2 years 100 days ago

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New $62M student recreation and fitness center coming to University of Memphis
The University of Memphis is moving forward on construction of its new $62 million student recreation and fitness center. Memphis Business Journal
Submitted 2 years 100 days ago

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New effort launches to fill thousands of Houston jobs in 3 years
The Houston region is expected to have 296,000 job openings in the "middle-skills" occupations within the next three years, and a new effort is being launched to fill them. Houston Business Journal
Submitted 2 years 100 days ago

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A-T Solutions Expands Its Spotsylvania County, Virginia, Operations Center-Warehouse Facility
A-T Solutions Inc., an internationally recognized leader in counterterrorism based in Vienna, Virginia, is expanding its presence in Spotsylvania County, Virginia, by renovating a 43,350-square-foot operations and warehouse facility that is expected to open by end of August. Area Development
Submitted 2 years 100 days ago

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Atlanta Shows What a Senior-Friendly Neighborhood Looks Like
The long-anticipated retirement of the Baby Boom generation has urban planners rethinking how to build cities for seniors. In Atlanta last weekend, organizers provided a glimpse of what a senior-friendly neighborhood would look like. Governing.com
Submitted 2 years 100 days ago

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Horizontal drilling fuels latest Oklahoma oil boom
OKLAHOMA CITY — More than 4,600 oil and natural gas wells were completed in Oklahoma last year as part of a domestic boom that is affecting many parts of the nation, according to reports filed with state regulators. Fuel Fix
Submitted 2 years 100 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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