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Top News Links: Monday, June 17

Carnival sues Mobile ship repair company

Carnival Cruise Lines has filed suit against BAE Shipyards, saying the Mobile facility's "outdated," "deteriorated," and "defective" bollards gave way while its Triumph was in port for post-fire repairs, allowing the cruise ship to drift across the river and suffer further damage; other defendants include Signal Ship Repair, the U.S. Army Corps of Engineers and two individuals, including the widow of a man killed in the incident. — Courthouse News Service

Huntsville courts new rocket engine team

Aerojet Rocketdyne, a company created from its two partner firms in hopes of winning a billion dollars in federal funding to design a new rocket engine for NASA, said that if it's chosen, at least part of the work will be performed in Huntsville, where both companies already have facilities. — Huntsville Times

Boeing tanker contract leads to short term financial woes

Boeing Co., which beat out rival EADS for an Air Force refueling tanker contract by submitting a lower bid, is now facing design cost overruns of $700 million, but long-term income once the aircraft is in use should more than offset the initial loss. — Motley Fool

Alabama delegation promotes state's advantages at Paris Air Show

Alabama elected officials and industry representatives are courting industry at the Paris Air Show, hoping to attract even more aerospace companies to the state. — Alabama Department of Commerce

No penalties, but SEC holds fund directors accountable

SEC officials have settled claims against Morgan Keegan fund directors without assessing penalties, but SEC enforcement official says it's a "clear warning" that directors can be held accountable. — Gulf News

Alabama majors praise Chinese partnerships

Mayors of Thomasville and Dothan, speaking at an event sponsored by Chinese business leaders, talked about the need for Chinese investment in small-city America. — China Daily

Poultry industry reps challenge critics

Spokesmen for several of Alabama's poultry producers challenge claims from watchdog groups that critiques safety standards and inspection procedures. — The Poultry Site

Farley plant back at work

Farley nuclear reactor, near Dothan, is back on line after a shutdown triggered  by a failed lightning arrestor. — Nuclear Street

Green composite and recycling conference plans at UAB

University of Alabama at Birmingham will sponsor a workshop on composites and recycling June 18. — UAB PR

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