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Top News Links: Monday, July 2

Airbus officially flies into Mobile

European airplane maker Airbus announced it will invest $600 million to build an assembly line in Mobile, its first factory in the United States. — New York Times

BARCLAYS UPDATES

Barclays bankers under investigation

The Barclays bankers responsible for rigging key interest rates are the target of a criminal investigation. — The Guardian

Banking culture criticized

The culture of the banking industry comes under fire in the aftermath of the Barclays scandal. — New York Times

Executives show weakened confidence in economy 

Reports from the University of Alabama's latest Alabama Business Confidence Index show that confidence in the economy has waned among state business leaders. — Birmingham Business Journal

Judge curbs cash

U.S. Bankruptcy Judge Thomas Bennett sided with Wall Street last week, setting strict limits on how Jefferson County can use funds generated by the county's sewer system. — Reuters

New commissioner announced

Gov. Robert Bentley announced Jim Reddoch as the new commissioner of the Alabama Department of Mental Health. — The Southeast Sun

Southern Co. Ted Turner team on solar

Southern Company, a holding compay that owns Alabama Power, announced that the companies have acquired a 20 megawatt solar photovoltaic power plant in Nevada. — Live Trading News

Company to drill for crude off Cuba

Venezuela's national oil company has budgeted an estimated $40 million for a project involving exploratory drilling for crude in deep waters off Cuba. — WGCL Atlanta

What would happen if Alabama were booted from the U.S.?

New blog explores fiscal responsibility and what would happen should some states create their own currency or secede. — The Atlantic

GreenWorld enters into alliance to develop multi-functional Energy Centres, including Jefferson County site

GreenWorld and 3Power will jointly acquire the “Green Mountain” landfill site in Jefferson County. The Alabama site will house “waste tire to energy,” “municipal waste to energy,” “biomass for energy production plants” and develop a “wind power plant.” — Daily Markets

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