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

Top News Links: Monday, Dec. 12

Iran Air, Boeing complete $16.6B deal

Iran Air has finalized its historic purchase of 80 U.S.-made passenger jets, signing a deal with Boeing that's the first of its kind since the overthrow of Iran's shah in the 1970s. U.S. officials approved the deal in September, months after Iran emerged from sanctions. The sale of 50 737 planes and 30 wide-body 777 airliners will support nearly 100,000 jobs, Boeing says– APR

Alabama’s first bank took root 200 years ago this week

Leroy Pope and his business associates read the good news contained in the dispatch. The legislature of the Mississippi Territory approved their request to charter the Planters and Mechanics Bank of Huntsville on December 11, 1816. The nine founders, an illustrious group destined to play key roles in the development of the emerging state, would become Alabama's first bankers. – AL.com

Automotive electronics industry may double by 2023

The rising trend of providing car security features such as alcohol ignition interlocks, accident data recorder systems, and emergency call systems in automobiles is projected to propel the demand for automotive electronics in coming years. The automotive electronics industry was worth $185 billion in 2015 and could reach $353 billion by 2023, according to Global Market Insights. – WBRC

Hoover shopping center sells for $3 million

A Hoover shopping center has been sold for just under $3 million. Cantor Real Estate Income and Opportunity Fund II, LLC bought South Shades Crest Station, a 25,000-square-foot shopping center at 3421 and 3455 South Shades Crest Road for $2.975 million. – AL.com

Bama Belle returning to state’s waterways

A once-familiar sight cruising the Black Warrior River is back. The Bama Belle, a 90-foot, 54-ton paddle-wheel riverboat rated to carry 149 passengers, is available for charters and private parties. Its owner, businessman Craig Dodson, has completed a year's worth of repairs to the boat, which had sat idle for the past four years. The craft has all the necessary permits, though a liquor license has yet to be acquired. – AL.com

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module