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Become Alabama in 12 easy steps
Carolina decreased by more than $200 million in July and August, the first two months of the fiscal year, when compared with the same months in 2013. That’s also $50 million short of state budget projections, the (Raleigh) News & Observer reports.) Twelve Easy Steps to Becoming Alabama: Charlotte Observer
Submitted 10 hours ago

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Does Arkansas Need a High Speed Rail Service?
LITTLE ROCK, AR -- The Arkansas State Highway and Transportation Department (AHTD) will hold a series of public meetings on Tuesday, Sept. 23 and Thursday, Sept. 25, from 4 p.m. to 7 p.m. The purpose is to seek input about a new statewide rail plan and the possibility of extending high-speed passenger rail service. Arkansasmatters.com
Submitted yesterday

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Should we ban states and cities from offering big tax breaks for jobs?
Tesla announced earlier this month that it's planning to build a $5 billion lithium battery factory just outside of Reno, which sounds good for Nevada and bad for losing bidders California, Texas, Arizona and New Mexico. So how did Nevada beat out so many competitors? Washington Post
Submitted 2 days ago

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Op-Ed Want to deplete your tax base? Give 'job creators' what they want
They say the house always wins, but the state of Nevada is letting Tesla walk away with the store. Back in June, the electric car company and its partner Panasonic broke ground outside Reno for a multibillion-dollar “gigafactory.” As the company described it to its shareholders, “processed ore from mines will enter by rail car on one side, and finished battery packs will exit on the other.” But then it held out the possibility that it might break ground at other sites in California, Arizona, New Mexico and Texas too — and that the factory's ultimate location would depend on what kind of “relevant incentives” states put on the table. The ante, Tesla said, would start at $500 million. Los Angeles Times
Submitted 2 days ago

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Texas must set the compass for energy realism
More than 80 percent of global energy consumption derives from fossil fuels: coal, oil and natural gas. Official forecasters, such as the International Energy Agency, predict that fossil fuels will continue to dominate consumption for decades to come. Yet current climate policies endorsed in Western Europe, by the White House and in Austin would force an abrupt shift from fossil fuels to renewable energy sources. The Environmental Protection Agency recently proposed a rule that would force Texas to make a massive shift to low- or zero-carbon fuels for all electric generation within the next decade. tribtalk.org
Submitted 2 days ago

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Letter: Modern light rail could ease some transportation problems
As a child I lived 100 yards from the P&N Electric Railroad in Gastonia. In the 1920s my grandparents used the streetcar from Gastonia to Charlotte to shop. My parents continued this practice from the 1930s until the service ended. As a child I vividly remember riding both the local car “the little car” and “the big car” which we rode to Charlotte. Now as an adult in my 70s, my home is less than ½ mile from those same tracks. For approximately 100 years the tracks have been on the roadbed upon which they were originally built. North Carolina now owns this right-of-way. gastongazette.com
Submitted 2 days ago

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Don't Criticize Texas (Feedback)
I was amused at Gwen Moritz’s reference to a story in The New York Times (Editor’s Note, Aug. 11). As Ms. Moritz explained, the story was about three people in the Texarkana area and the difference in how the two adjoining states deal with medically uninsured persons. Keep in mind The New York Times is probably the most liberal and biased rag in the United States. Secondly, a trio of citizens hardly represents enough of a sample to conclude anything. The guts of the column was to tell us how much wiser Arkansas was to adopt the “private option” compared especially to Texas and also to other bordering states: Louisiana, Mississippi, Missouri, Tennessee and Oklahoma. Arkansasbusiness.com
Submitted 2 days ago

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Is Buying American-made Important?
At the iPhone 6 and Apple Watch introduction, Apple CEO Tim Cook said "made in America" is critically important. What do you think: Is it important to buy products that are "American-made?" It turns out that phrase isn't as simple as it sounds. Let's think about it in terms of car shopping. When you're shopping for a new car or certified used car, is it more important to buy from an American company or a company that manufacturers cars in the U.S. (even if that company is based overseas)? Huffington Post
Submitted 3 days ago

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Would a bubble be good for the American economy?
In an interview with Princeton Magazine, New York Times columnist and Nobel-winning economist Paul Krugman faced a difficult and rather strange question: "Are bubbles good or bad and do we need them to create strong economic growth and reach higher levels of employment?" The Week
Submitted 3 days ago

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Some question Atlanta's land deal with Tyler Perry
ATLANTA – The communities just outside the razor wire-topped fence of Fort McPherson are among the hardest-hit in the city. The housing crisis slammed them especially hard; property values have sagged dramatically. Older residents no longer able to drive complain of inadequate sidewalks. The young struggle with soaring unemployment rates. These communities along the once-vital Campbellton Road corridor have seen businesses leave for a quarter-century, replaced by nothing. USA Today
Submitted 3 days ago

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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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