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Spotlight on Jefferson County

Jefferson County in central Alabama is the state’s economic and cultural center. It is the largest county by population and home to the largest city — Birmingham — as well as the sixth-largest city, Hoover.

today's top news

Friday, March 27, 2015

Obama wants stricter payday loan rules

Embracing proposed new rules aimed at payday lenders, President Barack Obama on Thursday said working families need protections from heavy debt burdens and warned Republicans that he would veto attempts to unravel regulations that govern the financial industry. Obama praised the Consumer Financial Protection Bureau for its proposal to set standards on a multibillion-dollar industry that has historically been regulated only at the state level. Obama's remarks before about 1,800 people at Lawson State Community College come on the same day the consumer agency was announcing the proposed payday lending rules in a hearing in Richmond, Virginia. – AP/StLToday

Cook will donate his $1B fortune

Apple chief executive Tim Cook is joining the roster of the very rich who are giving away their wealth. Fortune magazine cited the head of the world's largest technology company as saying he planned to donate his estimated near-$1 billion fortune to charity - after paying for his 10-year-old nephew's college education. "You want to be the pebble in the pond that creates the ripples for change," Cook told the magazine. – AFRWeekend

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In Homes Coast to Coast

In Homes Coast to Coast

Starting at age 21, Danny Lipford leveraged a handyman shop into a multimedia enterprise reaching 97 percent of the TV markets in the U.S. Today’s Homeowner with Danny Lipford saw a 25 percent increase in audience share in 2014.

Where Alabama Excels

Where Alabama Excels

Sometimes, when we think about what Alabama is good at, it’s hard to get beyond football. Here’s a look at a dozen other areas where Alabama excels.

Bentley Proposes New Game Plan on Incentives

Bentley Proposes New Game Plan on Incentives

Alabama economic developers huddle in January to get caution on auto competition, exuberance on aviation and new game plan from the governor.

What Builders Want from the Legislature

What Builders Want from the Legislature

Construction leaders balk at asking the Legislature for a special bond issue. A fix for frail highway funding has not emerged. But builders will ask the legislators for a workforce training bill and revision of bid laws to allow a construction-manager-at-risk option for large public works projects.

High Risk with Due Diligence

High Risk with Due Diligence

Following the recession, venture capital retreated up the ladder, making angel investing a necessity for startups. A new group has tightened Alabama’s band of loosely organized, localized angels into a disciplined, statewide opportunity.

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Main Street Plus Apps

Main Street Plus Apps

Alabama credit unions introduce the latest consumer technologies while preserving the person-to-person service that is a hallmark of their main street corner of the financial market.

Company Kudos, March 2015

Company Kudos, March 2015

A month of achievements in Alabama business

Downtown Digs, Coast to Coast

Downtown Digs, Coast to Coast

Inside the downtown, upscale multifamily housing boom, coast to coast

Partnership to Speed Ideas to Applications

Partnership to Speed Ideas to Applications

Harvard Business School ranks Alabama near the top among states with jobs in medical device development. UAB and Southern Research are determined there’s even more untapped potential. A new partnership aims to speed production.

Shipper's Carpenter

Shipper's Carpenter

Executive of one of Mobile’s oldest shipping agencies turns to an even more timeless enterprise – crafting handmade furniture. And his hobby has just become profit driven.

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top rank

March 2015

Alabama's Largest Credit Unions

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