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Top News Links: Thursday, Dec. 13

Perciavalle named president at Austal USA

Craig Perciavalle, who helped transform Austal USA from a conventional shipbuilder into a modular builder for the Navy's Littoral Combat Ship, has been named president of the Mobile shipbuilder. — Mobile Press-Register

Oklahoma Creeks file suit to stop Wetumpka casino

In an ongoing battle between Alabama and Oklahoma Creek Indians over a Wetumpka casino building project near a burial ground, the Oklahoma group has filed suit to stop the project. — WPMI-TV

VictoryLand wins sheriff's okay

The Macon County sheriff says that new gambling machines at VictoryLand casino are legal, as the embattled casino prepares to reopen before the end of the year. — Opelika Auburn News

County home rule topic for constitution committee

A committee working toward reform of Alabama's constitution will take up the issue of home rule for counties Friday. — Anniston Star

Foreclosures down, bank seizures up

While foreclosure filings have dropped 3 percent in most of the country, the bank seizure rate is up slightly in Alabama and elsewhere, according to a RealtyTrac survey. — KMBZ

Pfizer settles for $42.9 million

Alabama is among states participating in a $42.9 million settlement with drug maker Pfizer over unsubstantiated claims about their drugs' effectiveness. — Legal Newsline

Banks face another big reckoning, in courts

Major banks are being hit with suits from regulators, insurers and investors over shoddy mortgage work. — New York Times

Banks work to modify Volcker rule

Banks are urging the House to give them an alternative or a delay to the Volcker Rule, which  would impose regulations designed to avoid another banking crisis. — Bloomberg

Synovus sells distressed assets

Georgia-based Synovus, with banking operations in Alabama, announced the strategic bulk sale of $530 million in distressed assets. — Daily Finance

Arcelor still considering TK's Alabama mills

Major steel maker ArcelorMittal says it is still interested in purchasing ThyssenKrupp's Alabama mills. — Financial Times

Honda marks millionth export; Alabama cars in shipment

Honda's millionth car was made in its Ohio plant, but Alabama Odyssey minivans and Pilot SUVs were included in the shipment. —al.com

AT&T official to chair Birmingham Business Alliance

AT&T Alabama President Fred McCallum has been elected chairman of the Birmingham Business Alliance. — al.com

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