Edit Module Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It

Top News Links: Tuesday, April 14

Document: Alabama One shielded felon

As late as the end of March 2014, Alabama One executives considered a wide variety of strategies to keep long-term member and convicted felon Danny Ray Butler afloat financially and hide the true condition of his loans from state regulators, according to a document leaked to CU Times. Butler pleaded guilty to a 53-count indictment in early February 2014 and went to the federal penitentiary in September. – CU Times

CPSI spins out second subsidiary

Mobile-based CPSI announced Monday the formation of Evident LLC, its second wholly owned subsidiary in as many years. "With the vast majority of hospitals and providers now utilizing certified (electronic health records), we believe it is vitally important to further differentiate our solutions and support model from those of our competitors as the market transitions to a replacement phase," CPSI CEO Boyd Douglas said in a prepared statement. – AL.com

A tale of incentives gone awry

The Brazilian iPhone was meant to mark a new era. When Taiwan's Foxconn Technology Group agreed in April 2011 to make Apple products there, President Dilma Rousseff and her advisers promised that up to $12 billion in investments over six years would transform the Brazilian technology sector, putting it on the cutting edge of touch screen development. A new supply chain would generate high-quality jobs and bringing down prices of the coveted gadgets. Four years later, none of that has come true. – Reuters

Grand Hotel Marriott wants your vote

The Grand Hotel Marriott Resort, Golf Club & Spa in Point Clear has been named one of the nation’s 20 most historic hotels by USA Today, and an online voting effort could move it into the Top 10. Voters are being given four weeks to vote for their favorite historic hotel on the list. Only one other hotel in the South, the Omni Grove Park Inn in North Carolina, made the list. – News release

Costs for senior care on the rise

An aging population is expected to create 10,000 Medicare beneficiaries every day for the next 19 years, according to the Pew Research Center, and that increase is translating to higher prices for in-home health aides and assisted living facilities in Alabama. – BizJournals.com

Navy accepts delivery of Trenton

The U.S. Navy accepted delivery for the USNS Trenton, an aluminum joint high speed vessel built at Austal USA. Military officials said Monday that the 338-foot-long catamaran completed acceptance trials about one month ago and that the ship will set sail later this year. – AL.com

National Land Realty sells hunting estate

National Land Realty, a full-service land brokerage company based in South Carolina, recently announced the sale of an 832-acre commercial hunting estate in Blount County, Alabama. The property, brokered by agents Monroe Payne and Graham Tayloe, sold Feb. 24, 2015, for $7 million. – Business Wire

BIS breaks ground in Mobile

BIS Office Systems has broken ground on its new corporate headquarters located at 3690 Carlyle Close off Montlimar Dr. The company is a Mobile-based office equipment dealer representing top name copy machines, fax, printers and wide-format devices. – News release

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags