Edit Module Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It

Top News Links: Friday, June 29

Airbus plans in the news

Airbus plans for Mobile described as "long-term gamble"

The New York Times, noting that Airbus plans for a new plant in Mobile are still unconfirmed by the company, describes the plant as a "long-term gamble" for the company with  benefits such as a "made-in-America" label for planes and the ability to react to a sudden market downturn by laying off overseas — read U.S. — workers. — New York Times

Boeing scorns Airbus plans

Citing "illegal subsidies" used to attract an as-yet-unannounced Airbus plant for Mobile, Boeing critiques possibility of European rival building U.S. assembly plant. — Wall Street Journal

Who's watching the back door?

While Mobile officials have been in a tizzy at the prospect that Airbus will announce a new plant, city officials have become alarmed that Pensacola is trying to lure away ST Aerospace Mobile, one of the city's major employers and the granddaddy of international investment here. — Mobile Press-Register

Real estate fraud charges files

J & R Properties of Mobile  and its father-and-son owners were indicted yesterday for foreclosure bid rigging  in a scheme where purchasers partner to limit bids in a public auction, then renegotiate the deals among themselves; several other firms have already been indicted. — Mobile Press-Register

Mercedes-Benz shows off new GL-Class model

A longer, wider, fancier GL-Class Mercedes debuted yesterday, with new features including the company's accident-avoidance system. — Birmingham Business Journal

BAE Systems wins new contract for Mobile shipyard

BAE Systems expects to add about 125 workers to build two dump scows for an Illinois firm, under a contract announced yesterday.— Marine Link

BP settles discrimination suit

Oil giant BP has settled a $5.4 million lawsuit filed by Gulf Coast women charging discrimination in oil-spill clean-up hiring. — Houston Business Journal

Big boat haul for Saunders

Saunders Yachtworks in Gulf Shores has hauled its biggest boat to date, the 100-foot Broward M/Y She's My Lady II. — The Triton

Pilgrim's Pride union vote comes amidst diversity

Analyst describes chicken-processing workers' June 12 vote to unionize as an example of diverse workers banding together. — Facing South

Coal production up, revenues flat at Walter Energy

Birmingham-based Walter Energy, one of the nation's leading producers of metallurgical coal, says it expects revenue to stay about the same this quarter, because of low demand, even though production is ahead of last year. — Zacks

Watch those fees

RedTape Chronicles writer shows how 401k plan fees can cut your total return and how new regulations may not be enough to prevent it. — MSNBC

Front-yard burial plot draws international headlines

A Stevenson man, fighting to keep his wife buried in his front yard, has drawn headlines near and far. — Daily Mail

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags