Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
0
Likes

The Oil Industry Is Freaking Out and You Should Too
When oil prices become depressed, so do oil executives. Not that their mental state kept them from spending lavishly and living it up at International Petroleum Week, a leading confab of leaders in the global energy industry, according to a report in Bloomberg. Amidst the music of jazz quartets, and delicacies like champagne and oysters, oil executives fretted that a recovery of their businesses might take a very long time. The basic problem for oil producers is that there simply is no incentive for individual actors to cut production. Fortune
Submitted 2 days ago

0
Likes

Sub-$1 gas is all good, right? Well, maybe
In a matter of weeks, maybe days, Michigan motorists will see gasoline prices drop below $1 a gallon for the first time since 1999, but the stock market is in a depressive funk. What gives? Certainly there is more good news here than bad, right? Well, maybe. Here are six reasons why falling energy prices are a mixed blessing: Freep.com
Submitted 2 days ago

2
Likes

Let’s entice the film industry again
Re the Feb. 10 article Tax incentives helped encourage Telemundo expansion in Miami-Dade: It’s good news to learn that our local film and television industries are being appreciated as a powerful economic engine and international public relations resource. It was wise of the state of Florida and the Beacon Council to help NBCUniversal Telemundo Enterprises build a new $250-million global headquarters in Miami. Florida will provide $5.5 million of a High Impact Performance Incentive and a Capital Investment Tax Credit, while the Beacon Council will ante up an additional $3 million for the Target Jobs Incentive Fund. Larry Williams, president and CEO of The Beacon Council, said that, “Miami is becoming one of the biggest media hubs in the U.S. There’s New York, Los Angeles and then there’s Miami. We are already No. 1 in Spanish-language media. Telemundo will bring more pre- and post-production jobs, content creators, software developers and engineers for their digital components.” Miami Herald
Submitted 2 days ago

22
Likes

Viewpoint: Florida gets it
As America’s leading manufacturer of nylon cable ties, I travel the country and hear two things: “I love your Made in America product” and “How did you end up in Florida?” After all, “Bay State” refers to our old home in Massachusetts. Twelve years ago, we needed to grow into a full-service Made in America manufacturer, but opening a plant in New England was way too expensive. We toured the nation looking at workforce, environment, incentives, etc., and Florida became the clear choice. Pnj.com
Submitted 2 days ago

5
Likes

Can Crowdfunded Real Estate Create Equitable Economic Development?
Even in what might seem like the most dire of circumstances, change is happening. Some of it emerges from within the community. Some of it comes from without. There’s never a guarantee that those visions line up exactly, but when they do, the result can be a beautiful thing: a community’s hopes, dreams, aspirations amplified by the support and solidarity of outsiders. Sometimes it’s the only way to move the needle when it comes to jobs, wealth and opportunity. While it can be hard to tell when such harmony exists, stories can speak for themselves. Nextcity.org
Submitted 2 days ago

4
Likes

The Supreme Court Can’t Save Coal
The Supreme Court appears to have dealt a blow to President Obama’s plan to make America’s power supply cleaner. While not ruling on it outright, the court issued a temporary stay on the implementation of the standards, which would have pushed utilities to reduce the emissions associated with power production. (Translation: Use much less coal.) Partisans of fossil fuels hailed the stay as a rare win in the ongoing war on coal. They shouldn’t. Slate
Submitted 3 days ago

-15
Likes

Job scarcity and low wages keeping millions in or near poverty
The path to economic opportunity and security in North Carolina needs weeding and repaving. The Assets and Opportunities Scorecard, produced annually by the Corporation for Enterprise Development (CFED), shows that a tepid recovery and stagnate wages have left millions of North Carolinians within a few months of falling into poverty. The report’s topline ranking puts North Carolina 38th in the country in overall economic outcomes. While that ranking is disconcerting, the specific data points that contribute to our state’s poor showing are even more disturbing. Jefferson post.com
Submitted 3 days ago

10
Likes

Focus on wages to ensure the future of work works for all North Carolinians
The Institute for Emerging Issues wrapped up its forum on the future of work yesterday. The forum brings together leaders from across the state each year to discuss issues of importance to the well-being of the state. This year the topic was the future of work– the ways in which automation and technology are changing how we work and the relationship between workers, employers, consumers and communities. Despite the projections and well-intentioned guesses about what the future will bring, no one knows for sure what the outcome will be. What we do know is what we do today can support better economic outcomes for more families, businesses and communities in the state. Research is clear that wage growth and public policy will be key to ensuring that the future of work has the number and quality of jobs that can boost the economy for everyone. NCploicywatch.org
Submitted 3 days ago

16
Likes

Is the U.S. On The Cusp Of A Recession? Multiple Metrics Say No
Economists are going back and forth about whether a recession in the U.S. is imminent or not, and this will probably go on until the nation is indeed plunged into one. Not everyone is convinced by all the recession talk, although some economists believe part of the U.S. economy is already in a recession and that the risk of the rest of the nation following suit is growing. Valuewalk.com
Submitted 3 days ago

0
Likes

America’s puzzling financial outlook
This is a very weird time for the U.S. economy. Usually when things are good, like in the early part of this decade, things feel good. People are spending, the stock market is booming, real estate prices are rising and wages are growing. And when things are bad, like during the financial crisis, things feel bad. Unemployment is rising, equities are dropping, people are penny pinching, and alcohol sales are through the roof. But today we have neither of these situations. All around us is conflicting data regarding our present economy. Gas prices are half of what they were a couple of years ago, yet consumers aren’t spending. Unemployment is at multi-year lows, yet millions of people can’t find jobs. And who has gotten a sizeable raise lately? And last Friday, all of these inconsistent trends could be found in the critical monthly jobs report. More importantly, the facts found in this release can help explain some of the economic uncertainty facing us today. Floridaweekly.com
Submitted 3 days ago

1 2 3 4 5 6 7 8 9 10 ... 667
 

 

Most Liked Stories (past 24 hrs.)


Most Disliked Stories (past 24 hrs.)


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 Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

http://www.tvaed.com
Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2016 Randle Report
All of the South's Business News, Political News, and Economic Development News in One Place
Login