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Economic development

Alabamians Fear Roy Moore Is Bad For Business : NPR

Back in September, then-Birmingham, Ala., Mayor William Bell and other elected officials stood before the media in a downtown park. “I know everyone’s gotten a lot of call[s] about this box in the background,” Bell told them. The box towering over them is made up like a package from Amazon. It …

Djibouti faces new kid on the block – BBC News

Horn of Africa trade has pivoted around Djibouti for the last decade. But a new deal for the ancient maritime hub of Berbera, on the Somaliland coast, looks set to change that. Despite Ramadan, there is no slackening at Djibouti’s ports. Under the relentless sun, whippet-thin men glistening with sweat …

Crimea Is Now Putin’s Problem Child – Bloomberg Business

Russian security services are cracking down on alleged corruption in the newly annexed peninsula President Vladimir Putin likened Russia’s 2014 annexation of Crimea to a family welcoming home a long-lost relative. Now the family is showing signs of strain. Russia’s federal security service, the FSB, has opened criminal investigations of three high-ranking …

Reno Bets Tesla Gigafactory Will Erase Image as Downmarket Vegas – Bloomberg Business

Elon Musk’s sprawling factory outside Reno, Nevada, won’t start making batteries until next year, and local residents are already talking up the “Tesla effect.” The farm-to-table Campo restaurant in the city’s trendy Riverwalk District is offering a 10 percent discount to Tesla employees. This month, the Siena Hotel and Casino …