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Top News Links: Tuesday, July 16

Alabama coal billionaire faces lawsuits, new projects and the future

Garry Neil Drummond, chief executive officer of Drummond Co., forges on amongst a slew of murder suits, backlash from angry environmentalists and no family help at the top. — Bloomberg

TK sale won't come soon

According to a source close to the transaction, the sale of ThyssenKrupp's Brazilian steel mill is unlikley to happen quickly. — Reuters

Oil spill victims challenge BP settlement

Oil spill victims told a federal appeals court that BP's $8.2 billion claim settlement from the 2010 Gulf of Mexico oil spill is unfair and should be rejected. — Insurance Journal

BP launches new hotline for oil spill claims

BP has set up a hotline for people to report alleged fraud regarding claims from the company's 2010 oil spill in the Gulf of Mexico. — Alabama's 13

Jeffco lawmakers choose Citigroup to run bond deal 

Lawmakers in bankrupt Jefferson County have chosen Citigroup as senior underwriter for a $1.9 billion bond refinancing that is integral to ending America's biggest municipal bankruptcy case. — Reuters

UnitedHealthcare files suit against Birmingham

UnitedHealthcare Services Inc. has filed a lawsuit against the city of Birmingham, claiming a new benefits agreement between the city and Blue Cross and Blue Shield of Alabama violated Alabama's competitive bidding laws. — Birmingham Business Journal

New commercial development project proposed for land near Birmingham Crossplex

A proposed agreement between the city of Birmingham and an Atlanta developer includes plans for the creation of a new commercial and retail center on the undeveloped fields surrounding the Birmingham Crossplex. — al.com

Honda halts Ridgeline production in Talladega

Honda has announced plans to suspend production of it's Alabama-made Ridgeline pickup truck in September 2014; the Ridgeline is produced at Honda's factory in Talladega County. — al.com

Local schools receive $50 million bond to update CTE programs

The 21st Century Workforce Act, passed during this year's state legislative session, will provide $50 million for local school systems to update their career and technical education classroom technology and equipment. — CBS 42

AMG and Bishop State work toward deal on Press-Register facility

A preliminary agreement has been made between Alabama Media Group, publisher of Press-Register, and Bishop State Community College regarding AMG's available real estate in downtown Mobile. Should the deal be finalized, Bishop State's Allied Health, Math and Science departments would move into the Press-Register facility located on Water Street. — al.com

Bishop added to Birmingham board of directors

The Federal Reserve Bank of Atlanta has appointed Brandon Bishop to the board of directors for its Birmingham branch. — Birmingham Business Journal

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