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Top News Links: Tuesday, Jan. 29

Funding cut, tuition raised at Alabama colleges

After four years of cutting funds — fourth biggest cuts in the nation — and raising tuition to close the gap, Alabama's public colleges and universities are now more expensive than the national average; more than half of students now graduate with debt. — al.com 

Motus Motorcycles set to produce cycles

Motus Motorcycles, which started in a Birmingham business incubator, says it plans to begin producing motorcycles this summer. — Birmingham News

CPSI creates business service unit

Mobile-based Computer Programs and Systems Inc., a long-time provider of computer systems to small and medium-size hospitals, has created a new unit, TruBridge LLC, to provide business, consulting and management information systems to the same market. — Market Watch

Alabama Supreme Court holds brand name drugmaker liable for generic version's flaws

Contrary to every other similar case, the Alabama Supreme Court ruled in January that drug makers Wyeth LLC, Pfizer Inc. and Schwarz Pharma Inc. could be held responsible for problems with generic versions of their drug, in this case saying that  inadequate warnings on a generic version of the drug Reglan resulted from inadequate warnings on the brand-name version. — PR Newswire

Libor investigation reveals massive rate manipulation

Following the money in the Libor rate scandal reveals lies and corruption, affecting financial transactions as global as the price of yen or as local as a foreclosed Alabama home. — Bloomberg

Successful test for Northrop Grumman missile defense product

Northrop Grumman's fire control product, designed to launch a missile interceptor at the optimal moment and into the optimal trajectory, was successfully tested yesterday; the product was developed in Huntsville and Colorado. — Northrop Grumman PR

Acura gets good marks from AutoTalk

The new 7-passenger Acura MDX, to be built in Alabama, gets a nod from auto trade magazine. — Auto Talk

Southern USA Resources gold mining plan gets look from financial writer

Seeking Alpha describes Southern USA Resources, which opened 2013 with an announcement that it planned to mine gold in Alabama, as a company applying "21st century technology" to "a 19th century hunt." — Seeking Alpha

Ingalls Shipbuilding awards robotics funds to three Alabama groups

Alabama School of Mathematics and Science, St. Vincent de Paul Catholic School and Jubilee BEST Robotics each received a grant from Ingalls Shipbuilding to support science, technology and math education; the grants were part of $109,000 awarded by Ingalls in three states. — Ingalls PR

Real estate pros see rosier future

Real estate experts surveyed by the Alabama Center for Real Estate predict a healthier real estate market in the coming quarter. — al.com 

Triad Guaranty deregisters shares

Birmingham-based Triad Guaranty Inc. has filed with the Securities and Exchange Commission to deregister its common stock. — Triad PR

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