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Top News Links: Tuesday, Jan. 31

State’s Medicaid program at crossroads, commissioner says

Medicaid Commissioner Stephanie Azar says the state is at a "crossroads" over whether to continue a proposed switch to managed care. Azar told lawmakers Monday during budget hearings that the state was nearing its last chance to implement the program. – WVTM

Airbus Engineering marks first decade in Mobile

Airbus Engineering employees on Monday joined county and city leaders, education leaders and representatives of local charitable organizations to recognize and celebrate the 10th anniversary of the opening of the Airbus Engineering Center in Mobile. – MilitaryAerospace.com

Alabama not on preliminary infrastructure list

No Alabama infrastructure project was included on a list of 50 priority projects nationwide that were submitted to President Donald Trump's transition team. The list, which was first released by McClatchy's Kansas City Star and The News Tribune, is being described as "preliminary" compilation of projects that were provided to the National Governor's Association at the request of the Trump transition team. – AL.com

Analyst: Pulling out of TPP may not help steel industry

Higher steel costs for U.S. manufacturers and a drop in high-value exports are a potential outcome of an executive order by President Donald Trump to abandon the Trans-Pacific Partnership (TPP) trade pact, said consultancy Wood Mackenzie. "Surprisingly despite the headlines, the reversal of this policy is not an entirely positive outcome for the U.S. steel industry," analysts wrote in a note released on Jan. 26. – CNBC

Analysis: Decatur would fare poorly in any trade war

One Alabama city could be among the big losers nationwide if some of the Trump Administration's trade policy proposals result in a trade war. Decatur is seventh nationally among cities that rely on exports as a percentage of their gross domestic product, according to the Brookings Institution's Metropolitan Policy Program. – AL.com

Aerojet Rocketdyne to add 100 jobs in Huntsville

Rocket maker Aerojet Rocketdyne is adding 100 jobs in Huntsville as part of the company's major Tennessee Valley investment. The company formally announced it was moving forward with plans to produce its new rocket engine, the AR1, in Huntsville. The AR1 is the company's effort to allow United States spaceships to lift off using domestic engine suppliers. – WAAY

ServisFirst net income up 28 percent over 2015

Birmingham's ServisFirst Bancshares (NASDAQ:SFBS) posted an annual 2016 income up more than a quarter from 2015. The bank posted a net income of $81 million for 2016, up about 28 percent from 2015. – AL.com

DOJ charges CPA with $11M embezzlement

Federal prosecutors have charged Thomas Hinson Jr. with five counts of wire fraud for embezzling about $11 million from the scrap metal broker Strickland Trading Inc., based in Shoal Creek, Alabama. Hinson was chief financial officer (CFO) of the company when the theft was committed. – Recycling Today

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