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Top News Links: Wednesday, June 8

SAMC adds TrueBeam cancer treatment system

Southeast Alabama Medical Center’s newest addition to its cancer treatment arsenal, the TrueBeam linear accelerator from Varian Medical Systems, offers the region’s most advanced cancer radiation treatment system. This system uniquely offers crystal clear imaging while compensating for the slightest of patient movement during treatment. – News release

Alabama development efforts win Silver Shovel

Alabama’s economic development team earned a Silver Shovel Award from Area Development magazine for its strong performance in 2015. The publication noted that Alabama secured 2015 projects involving $7.1 billion in new capital investment and nearly 20,000 jobs. – Made in Alabama

Prosecution rests at Hubbard ethics trial

A state investigator broke down for jurors the $2.3 million that Alabama House Speaker Mike Hubbard's businesses received from political party work, his consulting contracts and investments, as prosecutors wrapped up their case in Hubbard's ethics trial Tuesday. The columns of numbers and excerpts from Hubbard's personal income tax returns were projected on a screen for jurors in a quiet conclusion to more than two weeks of high-profile testimony. – AP/Whig.com

Spin-off company to sell UA-developed med tent

The University of Alabama licensed the technology behind a collapsible sideline tent designed to give better medical care to athletes to a spin-off company that will develop, market, manufacture and distribute the tent. Under an agreement between UA and Kinematic Sports LLC, the SidelinER, as it is now called, is available to be purchased by prep, collegiate and professional sports teams. – News release

Regions Financial Corp. moves up on Fortune 500

Alabama's only Fortune 500 company is moving up. Fortune Magazine's annual ranking of the 500 largest companies placed Regions Financial Corp. at 453. Last year, the company was ranked 479. The Birmingham-headquartered bank reached its highest point on the list in 2008 when it was ranked no. 245. – AL.com

Feds to help cover cost of cotton ginning

As a result of low cotton prices and global oversupply, Agriculture Secretary Tom Vilsack says the U.S. Department of Agriculture Farm Service Agency will provide an estimated $300 million in cost-share assistance payments to cotton producers through the new Cotton Ginning Cost-Share program, in order to expand and maintain the domestic marketing of cotton. – AGProfessional.com

ServisFirst makes top 10 list for mid-tier banks

Birmingham's ServisFirst bank recently made the top 10 in a prestigious ranking of mid-tier banks. American Banker Magazine ranks the top mid-tier performers with $2 billion to $10 billion in assets annually. ServisFirst was ranked no. 8, up five spots from last year's rankings. No other Alabama institutions were included in this ranking. – AL.com

Phenix City marketing as ‘Whitewater Alabama’

Phenix City continued its efforts to build the Chattahoochee River whitewater business on the Alabama side Tuesday by approving a $40,0000 marketing effort that will be funded by a mix of public and private funds. The city council voted to enter into a contract with Columbus-based Media Marketing and More! to promote “Whitewater Alabama, Phenix City.” – Ledger-Enquirer.com

Roy Moore gets additional time to answer charges

Suspended Alabama Chief Justice Roy Moore has gotten additional time to respond to judicial ethics charges that could result in his ouster. Holly Meade, a spokeswoman for Moore’s attorney, says the Alabama Court of the Judiciary granted a 14-day extension of the deadline for him to file a response to the charges. – AlabamaNews.net

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