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Top News Links: Wednesday, July 31

Alabama port gears up to ship cars

Some $412 million in expansions at the Alabama State Port Authority in Mobile will ease container shipping and add facilities for shipping automobiles, port director tells economic developers. — Birmingham News

Suit against Drummond over Colombian killings dismissed

The Federal Court for the Northern District of Alabama has dismissed suits against Drummond and its president related to paramilitary killings near Drummond operations in Colombia, because the actions occurred outside the U.S. and because there was no evidence that Drummond's president had intended for the killings to happen. — Lawfare

BP's CEO says settlement is helping lawyers rather than victims

As BP tries to revamp the terms of a settlement it signed earlier over damages causes by a massive oil spill in 2010, the CEO Bob Dudley charged in a CNBC interview that the current plan is helping lawyers more than victims. — Huffington Post

Freight cars at last in Shoals facility

Freight car production has finally begun at a Shoals facility built by rail car maker National Steel Car, then nearly idled and turned over to investor Retirement Systems of Alabama, then leased to truck maker Navistar, and then partially subleased to FreightCar America Inc., which started rail car production this month. — Railway Age

Neighbors wary as Walmart seeks south Huntsville building permit

Walmart has applied for a building permit on Memorial Parkway south of downtown and neighbors, citing traffic and 149 police calls at a nearby Walmart, have asked the city to deny the permit. — Huntsville Times

United Security Bancshares announces positive quarter

Thomasville-based United Security Bancshares has just completed its fifth consecutive quarter with positive earnings, showing a net income of $1.2 million for the second quarter of 2013. — USB PR

Energen tops expectations, shares up

Second-quarter profits were down at Birmingham-based Energen, but better-than-expected earnings and revenues sent shares up anyway. — Dividend.com

Regions boosts its commercial real estate expertise in Texas

Regions has added bankers with commercial real estate expertise in its Dallas, North Texas and Austin markets. — Dallas Morning News

Shakespeare Festival announces 2013-2014 slate

From "Mary Poppins" to "Romeo & Juliet," the Alabama Shakespeare Festival will present a variety of shows this season including three Shakespeare productions, "The Great Gatsby" and a family-friendly  adaptation of "Goodnight Moon." — ASF PR

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