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Top News Links: Friday, April 6

Regions repays TARP funds

Birmingham-based Regions repaid its $3.5 billion TARP fund obligation; TARP program now profitable for taxpayers. — U.S. Treasury

Next new Mercedes plant goes to Hungary

German automaker credited with turning around Alabama's industrial economy plans its next big project in Hungary, known for its low wages. — Bloomberg Businessweek

Changes to immigration law in works

A new bill offering changes to the state's controversial immigration law under consideration in legislature. — Huffington Post

New tax break earmarked for air maintenance industry

The state senate yesterday approved a new tax break for aircraft maintenance, repair and overhaul companies, like Singapore-based STA Mobile. — Birmingham News

Legislators' pay linked to yours

State legislators yesterday approved a new method of calculating their own pay, based on average household income across the state. — Montgomery Advertiser

"Darth Vader on the sea"

Versatile -- but troubled -- Littoral Combat Ships built at Austal USA in Mobile are even scary just to look at. — New York Times

Foley settles with BP

The city of Foley in Baldwin County settled its BP claim for $875,000, which it expects to receive within a week. — Mobile Press-Register

Law degree no ticket to success

Nearly a quarter of Alabama's lawyers reported income of less than $25,000 in 2009; slightly bigger group made more than $100,000 – Birmingham Business Journal

Park gift from Sterne Agee

Birmingham's Sterne Agee provides $100,000 for eco-friendly Rain Curtain at new Railroad Park. — Birmingham News

Reward for crimestoppers

Alfa Insurance is offering a $10,000 reward for information that helps convicts people stealing copper and other valuable metal from Alfa-covered farms. — Alfa

Court stops shelter makers

At the request of attorney general, Madison County court tells Toney storm shelter maker to stop business. — LegalNewsline

Tax challenge appeals filed

Final written appeal briefs on  federal suit claiming that Alabama's tax laws discriminate against black school children were due in appeals court in Atlanta today; arguments and decision still months off. – Huntsville Times

Colonial Properties debt refinanced

New $500 million financing replaces expiring revolving credit. — Market Watch

Fuel up and fix up at Farley

Farley Nuclear Plant near Dothan is closed down for refueling and routine maintenance. — Southern Company

Music and more at renovated Flora-Bama

Festivities planned throughout April as iconic beach establishment shows off its renovations. — PR Newswire

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