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Verizon Wireless to hire more than 400 in Georgia
ALPHARETTA | Verizon Wireless has announced plans to hire more than 400 new employees throughout Georgia. Verizon officials said in a statement Monday that the company plans to hire more than 430 full-time employees in the state this year. Officials say the company is hiring workers for more than 200 positions at call centers in Alpharetta and Milton, in north Fulton County. Aside from customer service, the company is also planning to fill network and information technology positions. Verizon is also hiring for mostly retail positions in the Augusta, Savannah, Macon and Albany areas. Athens Banner-Herald
Submitted 2 years 125 days ago

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Former Atlanta Mayor: 'I Regret That I Didn't Do More'
The Holy Grail in current political and economic debates is finding the best way to help more Americans move up the socioeconomic ladder. No one likes the idea of the American Dream being reduced to individuals stuck in the status to which they were born. And everyone wants an answer to this growing problem of mobility, interrupted—city and state lawmakers, 2016 presidential candidates, even leaders of both political parties in Washington. Some of the most interesting perspectives on mobility come from people working on a local level, like Shirley Franklin, the former two-term mayor of Atlanta. The National Journal
Submitted 2 years 125 days ago

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‘Common Core’ leads to uncommon political debate
More than five years after U.S. governors began a bipartisan effort to set new standards in American schools, the Common Core initiative has morphed into a political tempest fueling division among Republicans. The U.S. Chamber of Commerce leads establishment voices — such as possible presidential contender Jeb Bush — who hail the standards as a way to improve student performance and, over the long term, competitiveness of American workers. Many archconservatives — tea party heroes Rand Paul and Ted Cruz among them — decry the system as a top-down takeover of local schools. Capitol Hill Blue
Submitted 2 years 125 days ago

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Sell or self-insure a question in N.C. beach town
TOPSAIL BEACH, N.C. -- Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel on this slip of a barrier island just over two blocks wide. But, with sharp increases in premiums for federal flood insurance on the way, he's willing to now play the odds that it will be some time before the next big storm hits. He says he will probably self-insure his house on Banks Channel on the mainland side of the island between Wilmington and Jacksonville. "Hazel was bad and Fran was next, but you're looking at 50 years between those storms," he said, discussing the storms that have hit and rising flood insurance costs in the lobby of his motel that was once a military barracks. Virginian Pilot
Submitted 2 years 125 days ago

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Chunka Mui talks about the driverless cars rolling into Jacksonville (Video)
Greatly increased car safety is one of the prime benefits of automated cars, or the cars of the future that will not require drivers, said Chunka Mui, managing director of Devil's Advocate Group. Jacksonville Business Journal
Submitted 2 years 125 days ago

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Texas Health Plano to receive $33.4M expansion
Texas Health Presbyterian Hospital Plano’s board of trustees has approved a $33.4 million expansion and renovation plan that includes the addition of operating rooms, new technology and redesign of other areas. Dallas Business Journal
Submitted 2 years 125 days ago

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Would incentives for Stone be fair to Charlotte's homegrown brewers?
With Stone Brewing Co. eyeing a host of cities east of the Mississipi River for a brewing, distribution and retail hub, Charlotte boosters are hoping to draw the attention of the California-based company. Charlotte Business Journal
Submitted 2 years 125 days ago

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John Boehner Pooh-Poohs Unemployment Extension
WASHINGTON -- Not only would it be administratively difficult to give benefits back to the long-term jobless, House Speaker John Boehner (R-Ohio) said Tuesday, but it would be bad policy, too. "I told the president I would consider this as long as it was paid for and as long as there were provisions attached that would actually help the economy and help people get back to work," Boehner said during a press conference. "Those conditions have not been met." Huffington Post
Submitted 2 years 125 days ago

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SUPREMES SET TO OPEN THE FLOODGATES?
WASHINGTON -- Justices on the Supreme Court seemed to struggle Tuesday with the question of whether a private company can get out of a federal law by citing the religious beliefs of its shareholders. Huffington Post
Submitted 2 years 125 days ago

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The Koch Brothers Aren’t the Problem
It’s been a rough couple of weeks for Charles and David Koch, the right-wing billionaire industrialists whose spending to influence U.S. politics has had such a powerful effect over the past several years. The Koch brothers, owners of Koch Industries, have poured untold millions of dollars into the political system in recent years, setting up reasonably well known pressure groups, such Americans for Prosperity, as well as dozens of obscure entities that channel money to the causes and politicians they support. The Fiscal Times
Submitted 2 years 125 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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