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Top News Links: Friday, July 6

Dreams of ecospending spree funded by BP fines

Representatives from five Gulf Coast states consider oyster reefs, fisheries enhancement, storm water systems and more as possible uses for penalty money paid by BP to cover costs from massive oil spill. — USA Today

Drought parches most of state

Drought hits eastern Alabama counties especially hard; only southwest corner has adequate rain. — U.S. Drought Monitor

Farmers can get tax credit for adding irrigation systems

A new law enacted by the Alabama legislature this year gives farmers 20 percent tax credit for installing new irrigation systems; irrigation value demonstrated in years of Auburn research; conference planned Aug. 15. — Auburn University News

International investment in U.S. stays strong

A United Nations report shows that international firms are expected to continue investment here, but could be curtailed by international economic turmoil. — Wall Street Journal

Raytheon missile facility due to open this year

Raytheon Corp.'s new missile assembly and test facility in Huntsville should be in operation before year end, president says. — Market Watch

New auto supplier in Talladega

M-Tek, which makes parts for Honda vehicles, opening new plant in Talladega industrial park. — Talladega Daily Home

Auburn makes Forbes list

University town highlighted as among best small cities for business; Tuscaloosa and Florence also make list. — Auburn Plainsman

ALDOT seeks go ahead for beltway construction

ALDOT has asked for final permission needed before construction can begin on Birmingham northern beltway project. — Birmingham Business Journal

Forestry software in business trials

Boyhood walks in the Alabama woods led Zack Parisa to develop new software for forest management. — Bloomberg Businessweek

UA towers fall

Rose Towers residence hall at University of Alabama imploded to make way for new accommodations. — MSNBC

Bankruptcy rate down nationwide

Alabama still on list of high bankruptcy rate states, though nationwide numbers are dropping. — Los Angeles Times

Birmingham builder plans Tennessee project

NSH Corp. of Birmingham has announced plans for a $20 million project in Franklin, Tennessee. — Nashville Business Journal

Nursing home projects prompt debate

HealthSouth challenges building plans by two skilled nursing home providers in Jefferson County, saying the new beds aren't needed. — McKnights

Income gap

OnNumbers data pegs Tuscaloosa for highest income inequality among Alabama's major cities, showing gap between those with highest and lowest incomes. — Birmingham Business Journal

Health care holds best job prospects

Study says healthcare field has best long-term employment opportunities , lists Alabama among states with best opportunities for nurses. — Healthcare IT News

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