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today's top news

Friday, August 18, 2017

States jockey for position over new auto plant

One of the biggest potential job-creating bonanzas in the country, a giant new auto plant proposed by Toyota and Mazda, began in secret with a mysterious code name. Now it has become a full-blown race among states to try to reel in the $1.6-billion project that will create 4,000 good-paying direct jobs and thousands of other indirect jobs. – USA Today

Energen investor pushing company to explore sale

One of Energen's major investors is pushing the Birmingham-based publicly traded company to explore a sale, the Wall Street Journal is reporting. The New York hedge fund owns a stake between 4 and 5 percent and is joining with Corvex Management LP, which pushed for a sale in June. – AL.com

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Monumental Iron Masters

Monumental Iron Masters

It began with the Astor Place subway kiosk in New York City. Now almost every city in the country visits Alexander City, Alabama to get its iconic ironwork done.

Big Bet on Birmingham Rolls In

Big Bet on Birmingham Rolls In

Even with city subsidies and state tax credits, renovation of the Pizitz was a roll of the dice when it broke ground in 2015. “I really didn’t know how well it would work until this January,” says developer Jeffrey Bayer.

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A Straight Up Wager on Coal

A Straight Up Wager on Coal

Looking for a pure play in metallurgical coal? Alabama’s Warrior Met Coal is the only one you’ll find. Question is: How many are willing to bet on coal?

Autos Highly Pumped

Autos Highly Pumped

If the car loan bubble bursts, what would happen to automakers and the economies of automaking states?

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Fuel Fleet for the Southeast

Fuel Fleet for the Southeast

McPherson Companies, once a one-man show, is one of the largest oil and gas distributors in the region. A 2012 reorganization streamlined its extensively evolved operations.

Up Close World ’Round

Up Close World ’Round

The best sights in the world are bigger and better close up and SeeCoast Manufacturing in tiny, scenic Fairhope has the globe circled with its viewers.

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Coping with New Overtime Rules

On December 1, the cost of labor for your business is likely to increase dramatically if you don’t take any action.

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