The Latest Breaking News from Good Jobs First

A report from Good Jobs First found that 80 percent of state development agency revenue comes from fees: The more tax money they give out, the more they get to keep.

Proposed relocation of Washington Wizards and Capitals to Virginia falls through, sparking blame game and uncertainty about economic impact.

SAVANNAH, Georgia ― Hyundai Motor Group held a ceremonial groundbreaking Tuesday near Savannah for its $5.54 billion electric vehicle “Metaplant,” its biggest investment outside South Korea, a future-defining wager in electrification and the largest economic development project in Georgia history.

Michigan Governor Gretchen Whitmer wasn’t happy. Ford Motor Co., a company whose very name is synonymous with Detroit, had just announced it had chosen two southern states, Tennessee and Kentucky, as sites for an $11 billion electric-vehicle project.