Business Intelligence Report

Mondays at 5:06 a.m. and 7:06 a.m.

A weekly feature produced in partnership with the Journal Record, Oklahoma's weekday newspaper and website specializing in business, legislative and legal news. Managing Editor Adam Brooks and Journal Record reporters keep you up-to-date on business and economic development in the state.

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Business Intelligence Report
5:00 am
Mon July 28, 2014

Top Business Stories: Kudzu Vs. Crops, Knutson Vs. OKC, And A Departing Publisher

Karen Hickman, Oklahoma State University professor of natural resource ecology and management, displays what the leaflets of a healthy and growing kudzu plant look like.
Credit Brent Fuchs / Journal Record

An Invasive Plant Threatens Oklahoma’s Agriculture Industry.

Kudzu is a vine known for taking over huge areas of states like Alabama and Mississippi. It can cover abandoned buildings and take down utility wires. It can grow 18 inches a day, and some experts joke that it grows so fast you have to be careful falling asleep near it.

The problem is that it also can kill off native species and can carry diseases that damage crops such as soybeans, which produces up to $130 million a year in Oklahoma.

Kudzu has been found in 50 places around Oklahoma.

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Business Intelligence Report
9:32 am
Mon July 21, 2014

Top Business Stories: Tax Holiday, Urgent Care Clinics, And The Push For "Right-To-Farm" Legislation

Santi Kos, manager of Fashion Sport and Uniforms at 1300 NW 23rd St. in Oklahoma City.
Credit Brent Fuchs, The Journal Record

Parents, Cities And Counties Plan For Back-To-School Tax Holiday.

August first through third, shoppers don’t have to pay sales tax on clothing items that cost less than $100. The holiday was implemented in 2007 to discourage shoppers from crossing state lines to save.

That’s good news for family budgets, but it also means the state misses out on $4 million it might have had otherwise.

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Business Intelligence Report
9:20 am
Mon July 14, 2014

Top Business Stories: OK Defends TACOM, Hispanic Chamber To Relocate, Energy Antitrust Update

T.J. Coley, with the Choctaw Fire Department, checks the engine on a firetruck. The truck was a surplus from the Oklahoma Department of Agriculture, Food and Forestry.
Credit Brent Fuchs / Journal Record

Oklahoma’s Rural Firefighters Can Keep Using Surplus Equipment.

The Environmental Protection Agency recently warned that it was going to prevent the Department of Defense from giving surplus equipment to the departments, saying much of the equipment fails to comply with EPA standards.

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Business Intelligence Report
5:00 am
Mon July 7, 2014

Top Business Stories: Increased Tax Revenues, HP 'Lands' In Tulsa, And OKC Okays Cabela Incentives

Moore Sales Tax Growth chart
Credit Bryan Richter, Journal Record

Despite Last Year’s Devastating Tornado, Business Is Booming In Moore.

Sales tax revenues for the first part of the year are 8.7 percent higher than in 2013. In fact, collections grew more than in other metro cities. Norman grew 5.7 percent, and Edmond and Oklahoma City each posted 2.7 percent gains.

Moore City Manager Steve Eddy said the surge comes from more than just reconstruction.

He said growing retail activity made up 6 percent of the growth. Sales tax collections in June were
12.3 percent higher than a year ago.

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Business Intelligence Report
5:00 am
Mon June 30, 2014

Top Business Stories: Challenges To New Laws, Sonic Earnings, And "Smart Meter" Concerns

Two Lawsuits Are Challenging Bills That Were Signed Into Law By Governor Mary Fallin.

A group of parents, teachers and members of the state Board of Education are fighting the repeal of Common Core standards.

They say the bill violates the state Constitution by letting the Legislature take over an executive function.

The bill repeals the Common Core standards, which Fallin initially supported. It says new standards will be developed. Opponents say the language of the law gives the Legislature too much power to review the new guidelines.

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Business Intelligence Report
5:00 am
Mon June 23, 2014

Top Business Stories: Earthquake Insurance, Energy, Hogs And Yukon

United States Geological Survey Oklahoma Seismicity Map - 1970 to June 17, 2014
Credit USGS / www.earthquake.usgs.gov/earthquakes

Strong Earthquakes In Central Oklahoma Have Some Looking For Insurance That May Be Difficult To Get.

About 100 companies offer quake insurance in Oklahoma, the state insurance commissioner says. But most of them won’t start a policy until we have gone without a quake for 30 days.

Since November, there have been more than 265 events between magnitude 1 and 4.3 in Central Oklahoma.

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Business Intelligence Report
5:28 am
Mon June 16, 2014

Top Business Stories: Drilling In Norman, Aubrey McClendon, And Cows

Finley Resources drilling in Norman
Credit Samuel Perry / Journal Record

An Energy Company Drilling A Well In Norman Changes How It’s Getting Water.

Finley Resources is putting in a well on Franklin Road in Norman. At first, the company ran a line directly to a fire hydrant. That led the city to raise the prices it charges high-volume commercial users. The more water someone uses, the more it costs per thousand gallons.

As Finley moves into the completion phase – including hydraulically fracturing the well – it has also run a line into nearby Little River Creek.

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Business Intelligence Report
9:31 am
Mon June 9, 2014

Top Business Stories: Hotel Investors, Pigeons & Busses

A Cabela's near Fort Worth, Texas.
Credit Matt Howry / Flickr Creative Commons

Two weeks ago, the Oklahoma City Council agreed to consider giving incentives to Cabela’s, an outdoor retailer.

Then, the company announced that it will build an 80,000-square-foot store in the new Chisholm Creek development. That project is coming together near the John Kilpatrick Turnpike and Western Avenue.

The city admitted that it was negotiating with the store before the announcement.

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Business Intelligence Report
5:03 am
Mon June 2, 2014

Top Business Stories: Homeless Count, Courting Cabela's

Dan Straughan, right, executive director of the Oklahoma City Homeless Alliance, fields questions after presenting the results of an annual survey of the city’s homeless population at United Way headquarters in Oklahoma City on Friday.
Credit Samuel Perry/The Journal Record

The number of homeless people in Oklahoma City appears to be falling, but advocates say they could help more people find a place to live, if they had more workers to help.

A recent survey found about 1,400 homeless people in Oklahoma City. That’s about 380 people less than last year.

The Oklahoma City Homeless Alliance said that it has enough housing for 10 people each month. But it only has enough caseworkers to help two people a month manage the change.

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