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Good Speech, Bad Strategy Obama's State of the Union doesn't bode well for his coalition
resident Obama’s strong re-election victory last November—he is only the third Democrat, along with Andrew Jackson and Franklin Roosevelt, to surpass 51 percent of the vote in two presidential campaigns—marked the indisputable arrival of a new and vibrant coalition in American politics. The coalition’s outlines have become familiar to us all: minority voters, younger voters from the Millennial generation, professionals, singles (especially women), seculars, socially liberal, college-educated whites, and urbanized Americans, especially in large metropolitan areas. This powerful coalition—call it the Obama coalition—has the potential to dominate politics for a generation. The New Republic
Submitted 2 years 169 days ago

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Oklahoma officials announce jobs agenda
OKLAHOMA CITY (AP) — Business advocates are promoting an 11-point plan to create more jobs in the state. A statewide coalition of chambers of commerce released their jobs plan Wednesday. It focuses on issues that the state's business community will pursue during the 2013 legislative session to stimulate economic growth in Oklahoma. Organizations that developed the jobs plan include the State Chamber of Oklahoma, the Greater Oklahoma City Chamber and the Tulsa Regional Chamber. The Oklahoman
Submitted 2 years 169 days ago

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Congress Is Trying to Kill Internet Privacy Again
House lawmakers have reintroduced a bill that civil liberties groups say would destroy the right to Internet privacy as we know it. An earlier version of the Cyber Intelligence Sharing and Protection Act, or CISPA (pdf), passed the House back in April 2012; it died quickly under threat of presidential veto and widespread protest from Internet activists. But this week, House Intelligence Committee Chairman Mike Rogers (R-Michigan) and ranking member Dutch Ruppersberger (D-Maryland) brought it back. What's going on? Rolling stone
Submitted 2 years 169 days ago

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Can Industrials Keep the Dow Rally Going?
The Dow Jones Industrial Average is knocking on its all-time highs, but is U.S. industry really recovering? As the Dow nears the barrier, traditional manufacturers are lagging. But the year ahead could see industrials catching up. US News & World Report
Submitted 2 years 169 days ago

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Maker's Mark Alcohol Content Cuts Prompt WhistlePig Whiskey To Make Its Beverage Boozier
After Maker’s Mark announced plans to reduce the alcohol content of its bourbon, a small Vermont distillery now says it will start making its own whiskey stronger. Huffington Post
Submitted 2 years 169 days ago

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Texas Senate passes CPRIT reform bill
A Texas Senate committee has passed a new measure that reforms the Cancer Prevention and Research Institute of Texas (CPRIT). San Antonio Business Journal
Submitted 2 years 169 days ago

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American Airlines, US Airways Boards Approve Merger, Deal To Be Announced Thursday: Sources
The boards of AMR Corp and US Airways Group Inc separately met on Wednesday to approve a merger that would value the combined company at around $11 billion, people familiar with the matter said. Huffington Post
Submitted 2 years 169 days ago

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Virginia senate passes its version of transportation plan
The Virginia Senate this afternoon approved an amended transportation bill that would raise more than $900 million a year for maintenance and roads construction through a series of tax increases on gasoline and the general sales tax, in addition to motor vehicle registration fees. Richmond Times-Dispatch
Submitted 2 years 169 days ago

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Louisiana health secretary appointed to national long-term care commission
Louisiana's health secretary was appointed this week to a national commission charged with coming up with proposed reforms to the nation's programs for providing care to the elderly and disabled. Bruce Greenstein, head of the state Department of Health and Hospitals, was selected by U.S. Senator Mitch McConnell as one of the Republican appointees to the 15-member bipartisan commission, the agency announced in a news release. Times-Picayune
Submitted 2 years 169 days ago

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Ted Nugent: Obama a 'master scam artist'
Surprise, surprise: Rocker Ted Nugent didn't like President Barack Obama's State of the Union address on Tuesday. Nugent, a staunch conservative and gun rights advocate, attended the speech at the invitation of U.S. Rep. Steve Stockman, R-Tex. al.com
Submitted 2 years 169 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 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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