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Top News Links: Tuesday, March 15

Four in Bentley Cabinet get $73,000 raises

Four members of Gov. Robert Bentley's Cabinet got annual raises of $73,000 late last year after the Legislature approved a bill to repeal salary caps. Alcoholic Beverage Control Board Administrator Mac Gipson, Department of Economic and Community Affairs Director Jim Byard, Revenue Commissioner Julie Magee and Insurance Commissioner Jim Ridling all received raises of $73,405. – AL.com

Demolition to begin next month for Southside

Work on a $13 million development on Birmingham's Southside is about to begin. Retail Specialists got approval from Birmingham's Design Review Committee last week to begin demolition on the former Waite's building at the corner of Richard Arrington Jr. Boulevard and 7th Avenue South. – AL.com

Atherotech files bankruptcy, 300 lose jobs

Atherotech has filed for Chapter 7 bankruptcy, leaving 300 local employees out of work. The Birmingham company announced it would be ceasing operations late last month, and filed for bankruptcy March 3. The company had under $50,000 in assets and in liabilities, according to the bankruptcy filing. – AL.com

Lawmaker vows to stop bill limiting public assistance

Rarely does a bill provoke someone to pound a committee table. But Sen. Rodger Smitherman, D-Birmingham, did so in a Senate committee last Wednesday, emphasizing his opposition to legislation imposing limits on public assistance. “I’m going to do whatever I can to stop this,” Smitherman told members of the Senate's Fiscal Responsibility and Economic Development Committee. “I am not going to let people starve.” – Montgomery Advertiser

Raytheon exhibits new Patriot radar

The world's newest missile defense radar is gearing up for a road trip. Raytheon Company funded, developed and built a new Gallium Nitride (GaN) powered Active Electronically Scanned Array main antenna for the combat-proven Patriot Air and Missile Defense System. Raytheon will exhibit its prototype Patriot full-scale, GaN-based AESA radar at the Association of the United States Army's Global Force Symposium and Exposition in Huntsville today through Thursday. – News release

State’s January jobless rate at 6.2 percent

Governor Robert Bentley on Monday announced that Alabama’s preliminary, seasonally adjusted January 2016 unemployment rate is 6.2 percent. Counties with the lowest unemployment rates were Shelby County at 4.5 percent, Elmore County and Lee County at 5.3 percent and Autauga County and St. Clair County at 5.4 percent. – Alabama News Center

Center wants more students familiar with agriculture

As the president and CEO of International Fertilizer Development Center in Muscle Shoals, Scott Angle is concerned about the future of agriculture in more ways than just developing new and more efficient fertilizer products. He's concerned about the number of young people going into the business of agriculture. – TimesDaily

Radiance Tech opens office near Texas air base

One Alabama-based government contractor, Radiance Technologies Inc., is settling into a new cyber solutions division office inside Port San Antonio near Lackland Air Force Base, the company announced this week. Radiance Technologies, a software development and engineering firm for cyber defense operations, has about 500 employees across 15 states and a location in Afghanistan, too. – BizJournals.com

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