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Top News Links: Monday, June 18

Prison term for Floridian who helped crush Colonial

Delton De Armas was sentenced to five years in prison for the role he played in massive fraud at Taylor, Bean & Whitaker that brought down Alabama's Colonial Bank. — Bloomberg Businessweek

Shelby measure to allow low-cost foreign construction workers met with yeas and nays

Sen. Richard Shelby introduced a measure to allow foreign guest workers in construction field at below standard wages wins praise from management, nays from workers. — Durability and Design

Kloeckner Metals to build plant at TK site

Metal distributor announces plans for a $17 million light-gauge, flat-rolled steel processing center on the ThyssenKrupp site near Mobile; plans call for about 40 employees. — Mobile Press-Register

Pell City looks again for city manager

Pell City reopens search for city manager; raises maximum pay to $105,000 for city of fewer than 20,000 residents. — Daily Home

Regions adds specialty bankers

Regions Financial has added new leadership for specialty banking groups focused on restaurants, technology, defense and healthcare. — Birmingham Business Journal

Leadership change at APT

Don Boomershine has been chosen as interim director of Alabama Public Television, replacing award winning director Allan Pizzatto.  — Birmingham News

Refusal to air controversial fundamentalist religious program appears to be at heart of decision. — Americans United

Lisa Riley to lead minority business development group in West Alabama

Lisa Riley, a loan officer with Accion Alabama, has been selected to lead the new Minority Business Council, created by the Chamber of Commerce of West Alabama, based in Tuscaloosa. — al.com 

UAB wins grant to help cut cancer care costs

A $15 million federal grant has been awarded to UAB to help develop a system that guides patients through care choices, aiming to save cancer care dollars. — Birmingham Business Journal

BBVA downgraded

BBVA bank has been downgraded by Fitch Ratings, because of economic uncertainty in Spain. — Forbes

Alabama ranks third for highway danger

Website 24/7 Wall St. ranks Alabama as third most dangerous for driving, based on Center for Disease Control figures. — Birmingham Business Journal

Manufacturing group praises Alabama for pro-business policies

Alabama won a Silver Shovel award from Area Development, recognizing new manufacturing projects; net loss of only 129 jobs. — Area Development

AIDT moved into Commerce

Gov. Robert Bentley has moved the state's highly regarded job training program, Alabama Industrial Development Training, into the new Department of Commerce. — CBS 42

Russian helicopter deal raises bi-partisan challenge

German defense publication questions U.S.-Russian helicopter deal. — Defence Professionals

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