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Top News Links: Monday, Dec. 22

Unemployment drops to 6 percent

Gov. Robert Bentley on Friday announced that Alabama’s preliminary, seasonally adjusted November unemployment rate is 6.0%, down from October’s rate of 6.3%. “Seasonal adjustment” refers to the Bureau of Labor Statistics’ practice of anticipating certain trends in the labor force, such as hiring during the holidays or the surge in the labor force when students graduate in the spring, and removing the effects of those fluctuations from their final numbers. – Yellowhammer News

Bentley aiming to raise revenue

“We’re going to be raising revenue,” Alabama Gov. Robert Bentley said late last week. “Our goal is to raise revenue. We have to raise some revenue.” The governor and legislative leaders have in recent weeks been laboring over what to do about an estimated $260 million hole in the state’s General Fund Budget. – Yellowhammer News

Judge Moore irritated by freedom of religion

Alabama Supreme Court Chief Justice Roy Moore, also known as the Ten Commandments Judge, is reprimanding the city of Huntsville for its prayer policy at city council meetings, which allows for atheists and Wiccans to lead the invocation. – ChristianNews.net

FDA approves new BioCryst flu treatment

 BioCryst Pharmaceuticals Inc., a pharmaceutical company focused on the development and commercialization of treatments for rare and infectious diseases, today announced that the U.S. Food and Drug Administration has approved RAPIVAB (peramivir injection), an intravenous neuraminidase inhibitor for the treatment of acute uncomplicated influenza in patients 18 years and older who have been symptomatic for no more than two days. – Money/CNN

Baldwin County condo sales up 5.6 percent

Baldwin County condo sales, which include condos along the Gulf Coast, totaled 95 units in November, an increase in sales growth of 5.6 percent from the same period a year earlier. Year-to-date condo sales are 1.5 percent above the same period in 2013. – AL.com

Pike Road man sentenced for ID thefts

A Pike Road man who obtained identity information from nursing homes to file falsified tax returns has been sentenced to four years and three months in prison and ordered to pay $98,177 in restitution. – Montgomery Advertiser

Green Mountain restructuring officer named

Lee N. Katz, Principal of GlassRatner Advisory & Capital Group LLC, has been elected as Chief Restructuring Officer of Green Mountain Management LLC and Georgia Flattop Partners LLC. Green Mountain Management LLC, along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 of the US Bankruptcy Court. Green Mountain provides disposal services for private waste haulers, municipalities and industrial customers and is based in Alabama. – BusinessWire

McGowin Park Shopping Center filling up

Ten new tenants have leased space in McGowin Park Shopping Center off U.S. 90 and Interstate 10 in Mobile, including 25,000 square feet of space to Ross Dress For Less, according to Josh Burmeister and Buff Teague of JLL, leasing agents for the center. The tenants include T-Mobile, Mattress Firm, Luxury Nails, Uncle Maddio's Pizza Joint, Five Guys Burgers & Fries, Sport Clips, Verizon Wireless and LA Bikini. McGowin Park's major anchors, Costco Wholesale, Dick's Sporting Goods and Field & Stream, are expected to open in May 2015. The mega center is near Hank Aaron Stadium. – AL.com

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