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Report: U.S. oil boom challenging Canadian exports
Canadian oil imports are facing growing competition from the United States’ booming domestic crude production, constraining pipeline capacity and driving down the fuel’s price, according to a report released this week. Fuel Fix
Submitted 2 years 104 days ago

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ExxonMobil Texas campus grows to house 10,000 employees
ExxonMobil said it plans to bring an additional 2,000 employees to its future corporate campus under construction just south of The Woodlands. The additional workers will come from offices in Fairfax, Va., Akron, Ohio and the Houston area. Houston Chronicle
Submitted 2 years 104 days ago

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Settlement for $80 million more for drywall victims
Lawyers representing thousands of victims of Chinese drywall have reached an $80 million settlement with insurance companies representing many of the builders and installers of the material. Sarasota Herald-Tribune
Submitted 2 years 104 days ago

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Florida leads nation in longer prison sentences, study finds
TALLAHASSEE — Thanks to its gung-ho approach to lengthening jail time, Florida led the charge in beefing up prison sentences during the past two decades at a taxpayer cost of more than $1 billion a year, according to a new study by the Pew Center on the States. Orlando Sentinel
Submitted 2 years 104 days ago

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Florida recession worse than thought
Even though it’s officially over, Florida’s recession keeps getting worse. New statistics from Washington define a much more severe recession for the Sunshine State than first believed. In 2009, during the depths of the financial crisis, Florida’s economy shrank by 5.4 percent — much worse than the original estimate of a 3.7 percent drop. That also gave Florida a tougher year than the economy at large, with the U.S. economy down 3.8 percent in 2009. Miami Herald
Submitted 2 years 104 days ago

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Chesapeake in talks to sell $4B pipeline assets
Chesapeake Energy Corp. (NYSE: CHK) is in advanced talks to sell pipelines to Global Infrastructure Partners for more than $4 billion, Bloomberg reports. Houston Business Journal
Submitted 2 years 104 days ago

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Federal Disability Insurance Nears Collapse
For years, members of Congress have dithered over how to shore up the rapidly dwindling coffers of Social Security and Medicare. Yet chances are you haven’t heard any dire warnings about another massive entitlement program that will soon go insolvent if Congress doesn’t act. That’s because lawmakers have studiously avoided talking about it—and aren’t likely to this election year. Businessweek
Submitted 2 years 104 days ago

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Delta Airlines Already Collecting the Most Passenger Fees Wants $1 Billion More of Them Annually
In 2011, no U.S. airline pulled in more revenues from fees than Delta. The airline collected an industry-leading $767 million in reservation cancellation and change fees, and another $863 million in baggage fees. Delta isn’t resting on its laurels, though. The carrier plans on charging passengers a whopping extra $1 billion in fees annually by 2014. TIME
Submitted 2 years 104 days ago

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Voter Fraud Extremely Rare In Florida: ‘More Likely To Get Hit By A Bolt Of Lightning’
Florida authorities claim that they’re purging thousands of voters from the rolls in order to protect the integrity and fairness of the democratic system, but according to the Florida Department of Law Enforcement, voting fraud is not a widespread problem in the state: Think Progress
Submitted 2 years 104 days ago

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Don’t count on Apple jobs
Does Apple Computer really “want” to bring jobs back to America? If you heard company CEO Tim Cook late last week, you might think it does. But that shouldn’t necessarily be reassuring, because the desire is likely contingent on certain conditions that aren’t so rosy. Salon
Submitted 2 years 104 days ago

 

 

 

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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