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Top News Links: Friday, July 29

Bentley says lottery would ease Medicaid crisis

Alabama Gov. Robert Bentley says a state lottery isn’t the "perfect option" for funding government, but claims it is the only one left. In an opinion piece submitted to news outlets, Bentley expanded on his reasons for calling a special session on a state lottery. The governor said he could not "watch as our most helpless and vulnerable people go without a doctor's care." – AP/TimesDaily

Calhoun County supports Kronospan expansion

Calhoun County commissioners on Thursday agreed to join the city of Oxford in providing incentives to an Eastaboga plant in exchange for promised jobs. Calhoun County Administrator Ken Joiner said the $362 million expansion by wood flooring producer Kronospan is “unheard of.” The county has agreed to pay $375 per job created for five years, up to $75,000. The company believes the expansion will create approximately 160 jobs. – Anniston Star

Auburn grad becomes new CEO of eHarmony

A Tennessee Valley man is now leading one of the most popular online dating services. eHarmony has selected its vice president and original team member Grant Langston as the company's new CEO, replacing company founder Dr. Neil Clark Warren. Warren became the face of the company as he was featured in many of the company's television commercials. – WAAY

Regions closing 63 branches in October, 3 in Alabama

Regions Financial Corp. will be closing 60 branches nationwide before the end of the year as part of a cost-cutting strategy. There's more to come - these 63 are part of a plan to consolidate between 100 and 150 branches through 2018. – AL.com

HealthSouth reports earnings, acquisitions growth

HealthSouth Corp. on Thursday reported its results for the second quarter ended June 30. "The second quarter was another strong quarter for HealthSouth with volume, revenue, and earnings from our recent acquisitions complementing solid organic growth," said CEO Jay Grinney. – PRNewsWire

Florida, Alabama tops in home sales for cash

Irvine, Ca-based CoreLogic is report that cash sales accounted for 31.6 percent of total U.S. home sales in April 2016, down 2.8 percentage points year over year from April 2015. Florida had the largest cash sales share of any state at 45.5 percent, followed by Alabama (45.3 percent). – World Property Journal

Recovery may be slowest in history

The Great Recession has long given way to what some have called the sluggish recovering, a rebound that up until now has been the slowest economic comeback in modern times. But that has been changing this spring and summer as economic indicators have improved and further evidence of forward movement is expected Friday when the latest GDP numbers come out. – AL.com

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