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White House clean energy plan gains support from companies with N.C. ties
A plan to increase the nation’s reliance on clean energy put forward by the White House on Monday is getting positive reviews from a number of businesses and interest groups in North Carolina. The plan establishes the first nationwide standards to limit carbon dioxide emissions from power plants. The new rule is a key aspect of President Barack Obama’s effort to combat climate change. Triangle Business Journal
Submitted 11 hours ago

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Louisiana Rep. Boustany: Support for U.S. oil exports 'picking up steam'
Support for lifting the nation's decades-long ban on the export of crude oil "is picking up steam" in Congress, though supporters still have an uphill battle in drafting actual legislation, said U.S. Rep. Charles Boustany Jr. on Monday (Aug. 3). Boustany, R-Lafayette, shared his perspective on several trade matters during a regular meeting of the World Trade Center of New Orleans transportation committee at the Westin Hotel's Plimsoll Club. NOLA.com
Submitted 11 hours ago

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Harbert: Let people of Alabama vote on gambling
The message is clear: the people of Alabama should vote on a state lottery and casino gaming. This isn’t my message alone. It’s the people of Alabama. A new survey conducted for the Alabama Jobs Foundation finds 89 percent of Alabamians demand the right to vote on gaming. Eighty percent support an education lottery. When asked whether the gaming question should be left in the hands of the governor and legislature, only 8 percent agreed. Birmingham Business Journal
Submitted 11 hours ago

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How Economic Public Policy Fails US Manufacturers
This is what really aggravates me. People who don't "get" manufacturing who expound on what manufacturing will look like in the future. They've parachuted in, talked to a handful of manufacturers and produced the "Oh Golly Gee Whiz: The U.S. Still Manufactures [insert basic product here]!" report. Industryweek.com
Submitted 13 hours ago

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The White House Launches First-Ever Demo Day To Encourage Tech Diversity
The White House is launching its first-ever Demo Day on Tuesday, welcoming over 30 startups, major tech companies and venture capital firms, in an attempt to encourage diversity in tech. Techtimes.com
Submitted 13 hours ago

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VIDEO: POLITICO Playback


Politico
Submitted 14 hours ago

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How the Clean Power Plan Will Affect Low-Income and Minority Communities
President Obama’s formal announcement Monday of his finalized Clean Power Plan puts the responsibility on states to come up with their own strategies for reducing climate pollution. But states are already charged with monitoring and mitigating air pollution flowing from their borders, which hasn’t always boded well for cities and the communities residing close to pollution-heavy facilities. Which is why it may be relieving for many families to know that a significant chunk of the Clean Power Plan focuses on “community involvement and environmental justice.” From a White House fact sheet on the plan: Citylab.com
Submitted 14 hours ago

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The Politics of Obama’s Greenhouse-Gas Rule
President Obama’s plan to reduce greenhouse-gas emissions is aimed at three major constituencies. First, there’s the plan’s immediate goal: significant decreases in the emissions in the U.S. between now and 2030. Second, the rule arrives as the world gears up for global emissions talks in Paris in December, and American action is seen as necessary to convince other countries to act. And third, Obama views the fight against climate change as an essential part of his legacy, alongside the Affordable Care Act. The Atlantic
Submitted 14 hours ago

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Here's a 2-Minute Video Explaining Obama's New Plan to Fight Global Warming
President Barack Obama has been more vocal than any previous president about the need to combat climate change, and on Monday his administration released a package of rules that will likely be the most important—and most controversial—piece of his climate legacy. "Climate change is not a problem for another generation," Obama said in a video released early Sunday morning. The Clean Power Plan, as the rules finalized Monday are known, is "the biggest, most important step we've ever taken to combat climate change." Mother Jones
Submitted 15 hours ago

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TEXAS POLITICOS RATTLE THEIR SABERS OVER OBAMA'S CLEAN POWER PLAN
President Barack Obama unveiled his new Clean Power Plan aimed at curbing climate change on Monday. “No challenge poses a greater threat to our future and future generations, than a changing climate,” Obama said in a White House address. Houstonpress.com
Submitted 15 hours 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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