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Top News Links: Thursday, Jan. 9

Compass may lay off up to 450 in Birmingham

BBVA Compass reportedly plans to lay off about 600 U.S. employees including 450 positions in Birmingham. – Banking Business Review

U.S. Chamber of Commerce puts Tea Party on alert

The U.S. Chamber of Commerce will play a significant role in the 2014 elections and intends to work hard to elect "pro-business" candidates in the House and the Senate, the way it did in Alabama’s 1st congressional district last fall where the group backed an establishment candidate in a primary race against a Christian conservative aligned with the Tea Party. – Washington Post

Governor concedes Boeing used Alabama

Boeing used Alabama for leverage in dealing with its Washington state unions but the takeaway doesn’t have to be bad, Gov. Robert Bentley says. – Times Daily

Colombia bans Drummond coal loading

European coal prices are rising as much as 3.6 percent as Drummond Co.’s coal production in Colombia is suspended until mandatory port improvements are completed to avoid spills. – Bloomberg

BancorSouth to merge with Ouachita

BancorpSouth Inc., parent company of BancorpSouth Bank, has announced the signing of a definitive merger agreement with Ouachita Bancshares Corp. and its wholly owned subsidiary, Ouachita Independent Bank – PRNewswire

AMG announces new leadership in Huntsville, Birmingham

Alabama Media Group today announced leadership changes at its editorial operations in Huntsville and Birmingham. – al.com

Birmingham gets lion’s share of historic building rehab credits

Ten Alabama historic building renovations will get the $20 million in initial tax credits as part of the inaugural Alabama Historic Rehabilitation Tax Credit program. – al.com

Paste names "Muscle Shoals" its No. 1 music documentary of 2013

The documentary, which debuted at the Sundance Film Festival nearly a year ago, focuses on how FAME Recording Studios founder Rick Hall rose from poverty to become a hit record producer in a small Alabama town and how four of his studio musicians opened their own studio and worked with some of the biggest names in the music business. – Paste Magazine

New Regions app makes it handy to see your banker

Regions Bank has a new online appointment scheduling tool that lets customers pick a time and location to speak with a banker about a product. – American Banker

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