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Atlanta Mayor Kasim Reed takes center stage in $800M Falcons stadium debate
For most of his tenure as Atlanta’s mayor, Kasim Reed has watched and waited as the state of Georgia and the Atlanta Falcons tried to work out a deal to build a new stadium downtown. Atlanta Journal Constitution
Submitted 2 years 146 days ago

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A Super Bowl Lesson for Congress?
Unlike some previous years, including last year's controversial Clint Eastwood commercial, Sunday's Super Bowl made it through halftime without controversy. And having watched an imaginative Beyonce show and an inspirational Chrysler tribute to the armed forces, America sat down for the final 30 minutes of football... only for the game to be disrupted by a sudden power outage. Huffington Post
Submitted 2 years 146 days ago

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Gov. Robert Bentley concerned anti-coal groups trying to "infiltrate" battle over utility rates
BIRMINGHAM, Alabama – Gov. Robert Bentley says he supports a controversial decision by two of the three members of the Alabama Public Service Commission to hold only informal hearings examining the rates customers pay for electricity and natural gas. al.com
Submitted 2 years 146 days ago

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Super Bowl delayed 34 minutes due to power outage, everyone caught off guard except Oreo
NEW ORLEANS -- Perhaps it was a tip of the cap to Dandy Don Meredith. Or perhaps Beyonce's high-energy halftime show blew a fuse. Either way, power went out at the Mercedes-Benz Superdome early in the third quarter of the Super Bowl on Sunday. al.com
Submitted 2 years 146 days ago

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Happy 100th birthday Rosa Parks, you paved the way for blacks – and working women, too
MONTGOMERY, Alabama – Close to 60 years have passed but the adjacent brick building and massive windows look just the same. This is the room where Rosa Parks – who would have turned 100 today – worked as a part-time seamstress. al.com
Submitted 2 years 146 days ago

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Big money betting big on housing
Investors are betting big on the housing recovery. Hedge funds and private equity firms have been rushing in to buy up companies and assets in every part of the housing supply chain, including undeveloped land, homebuilders, foreclosed homes, and building parts manufacturers. CNN
Submitted 2 years 146 days ago

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Ravens win emotional Super Bowl against 49ers
The Baltimore Ravens reclaimed the greatest prize in North American sports after a dramatic, nail-biting 34-31 Super Bowl victory over the San Francisco 49ers on Sunday. Reuters
Submitted 2 years 146 days ago

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Will Texas ever cash in on casino gambling?
ALONG THE RED RIVER -- Nona Dean has a weekly ritual. She and her husband leave their Denton home, cross the Red River and head to WinStar World Casino in Oklahoma, ready to take their chances on slot machines. Star-Telegram
Submitted 2 years 146 days ago

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The Mississippi Public Service Commission unanimously determined in 2009 that Mississippi Power would need additional baseload electric power generation to meet consumer demand in 2014. Baseload generation provides electricity that’s needed every hour of every day, 365 days a year.
Submitted 2 years 147 days ago

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That's The Randle Report for Friday, February 1, 2013
We're leaving a little early today. Join us again Monday morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Also, click on the Sports tab above for all of the South's sports news in real time. Click on the headline to access Southern Business & Development magazine.
Submitted 2 years 148 days ago

 

 

 

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 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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