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Top News Links: Tuesday, June 26

Changes at Austal USA?

Tim Colton's Maritime Memos is reporting that Austal USA President Joe Rella has resigned and that General Dynamics may take a majority interest in the Mobile shipyard. — Mobile Press-Register

Austal officials in Mobile, including chairman John Rothell.Maritime Memos

Analyst ranks Alabama near bottom for economic growth

Analyst On Numbers places Alabama at 49th of 50 states for economic growth numbers, based on U.S. Bureau of Economic Analysis numbers. — Birmingham Business Journal

Put out the old rain barrel

Atlanta's claim on Lake Lanier water — to the detriment of downstream neighbors Alabama and Florida — won by default yesterday as the U.S. Supreme Court declined to hear the neighboring states' appeal. — Atlanta Journal-Constitution

Sales tax holiday for weather emergency supplies

If you waited till after the threat of Tropical Storm Debby dissipated before buying preparedness supplies, take heart — there's a sales tax holiday July 6-8 to help prepare for the next storm. — WSFA

Arizona decision makes waves in Alabama

Repercussions from U.S. Supreme Court decision on Arizona immigration law felt across Alabama. — Birmingham News

Trade focus on the Far East

Alabama officials explore Hong Kong as promising trade route to China. — Montgomery Advertiser

No change in tobacco tax distribution

The status quo won out for distribution of tobacco tax revenue in Randolph, Clay and Chambers counties, where legislators had suggested that they serve as a distribution committee, a plan described by local officials as a "slush fund." — Anniston Star

No sale, no talks on steel plant

Korean steelmaker Posco said yesterday that it is not interested in buying into ThyssenKrupp's plants in Mobile and Brazil, squelching reports that came from Korea last week. — Nasdaq

Profiting from non-profits?

Questions raised as leader of Birmingham health care nonprofit steered funds toward his private companies. — Birmingham News

BancorpSouth to buy Brewton insurance firm

BancorpSouth, based in Mississippi, has announced plans to purchase The Securance Group, a multi-line insurance firm based in Brewton. — Marketwatch

Pell City picks first city manager

Fire chief selected to be Eastern Alabama city's first city manager. — Daily Home

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