Rochester is now part of a nationwide project to make it easier for small businesses to succeed. The city was picked to join the Regulatory Justice Initiative, which aims to remove unnecessary rules that slow down entrepreneurs. This project is led by the Mayors Innovation Project and Cities Work at the Institute for Justice. Mayor Kim Norton is excited about this o...
Shreveport, Louisiana, is getting a major makeover thanks to rapper and businessman Curtis Jackson, better known as 50 Cent. He's been buying up property in the downtown area, with around 20 buildings now under his belt. His goal? To turn Shreveport into a hotspot for movies, TV shows, and entertainment through his company, G-Unit Films & Television Inc. Jackson's p...
Alaska's former Revenue Commissioner, Adam Crum, made a significant move in July by taking $50 million from the Constitutional Budget Reserve and placing it into a partnership with DigitalBridge. This action has sparked a debate about the need for better oversight of state investments. Governor Mike Dunleavy, Crum's supervisor, has promised to provide full disclosure...
A German company, ElringKlinger, is putting down deeper roots in Easley, South Carolina. They're investing $68. 5 million to grow their plant there. This move will bring 294 new jobs to the area. The company is known for making parts for electric cars and other high-tech automotive stuff. ElringKlinger isn't new to Easley. They already have a plant there, which they...
Pennsylvania is making a strong push to become a leader in AI technology. Senator Dave McCormick believes the state should take the lead in this growing field. He thinks Pennsylvania can benefit from AI's economic opportunities. McCormick recently discussed this on a podcast, highlighting the state's advantages. The state has a lot going for it. It has plenty of ene...
Madison is buzzing with excitement as The Gallery, a massive $60 million project, gets the green light. This isn't just any development; it's a mix of fun, food, shopping, and workspaces all in one place. The city's leaders have given the thumbs up to the plans, and work is already underway. The star of the show is Spinners, a huge 120, 000-square-foot entertainment...
Pollution is making it tougher for many countries to grow enough food. But there's a potential lifeline: money from abroad. This isn't just any money; it's called foreign direct investment (FDI). It's used to build things like farms and factories. A recent study looked at 44 countries over 18 years. It found that pollution, measured by CO2 emissions, hurts food grow...
Every year, a comprehensive study ranks all 50 U. S. states on their business friendliness. This year, the focus is on 10 key areas, with a total of 135 metrics. The economy takes the top spot in importance, reflecting what states highlight when trying to attract businesses. New this year, the study looks at risks from trade wars and federal budget cuts. It also dig...
Georgia is at a crossroads. Big changes are happening with clean energy. Two South Korean companies are building huge factories in Cartersville. They make solar panels and electric car batteries. These projects could bring thousands of new jobs. But there's a catch. Republicans in Congress want to cut the tax breaks that helped make these projects possible. Cartersv...
In a recent gathering, Governor Greg Abbott made a big deal of Fort Worth's economic growth. He signed several bills aimed at boosting the state's business environment. This event was more than just a ceremony; it was a celebration of Fort Worth's economic achievements. Abbott highlighted Texas' massive economy, which is worth over $2. 6 trillion annually. He praise...