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Top News Links: Monday, May 21

Budget settled but state funding still on shaky ground

Lawmakers tie budget to tax transfer needing voter approval this fall; one lawmaker says funding standing on a "prayer and a slippery banana." — Tuscaloosa News

Governor signs revised immigration law

Gov. Robert Bentley signed the state's revised immigration bill into law despite fears that some provisions may damage the state's image; other provisions still face federal court challenge. — Bloomberg Businessweek

Counties file suit against mortgage handling firm

Walker and Barbour counties have filed suit against an electronic mortgage handling company, claiming that transfers of mortgages among company members cheats counties of filing fees. — Birmingham News

Potential buyer for Cagle's

Chicago firm JCG Foods makes offer for bankrupt chicken processor Cagle's, which has operations in Alabama and Georgia. — Atlanta Journal and Constitution

Sylacauga bank closed

Federal regulators closed Alabama Trust Bank NA in Sylacauga Friday; Anniston-based Southern State Bank takes over the failed bank. — Wall Street Journal

Robertsdale settles with BP

Robertsdale, in Baldwin County, has approved a final settlement with BP stemming from damages incurred as a result of the 2010 Deepwater Horizon oil spill.  — Mobile Press-Register

UAB team wins Launchpad award

InDegree, a young company from the University of Alabama at Birmingham that has developed software to track an institution's alumni, wins the $100,000 prize from Alabama Launchpad. — UAB

SAIC donates to UA Huntsville

Huntsville tech firm Science Applications International Corporation has given $125,000 to the University of Alabama in Huntsville's business school to support classes in enterprise resource planning. — Huntsville Times

Hibbett boosts profits projections

Hibbett Sports Inc. reported a jump in first quarter income and upped its annual profitability prospects. — Reuters

Wouldn't it be cheaper just to clean it up?

Huntsville apartment complex signs on with doggie-DNA testing firm to identify which pooch left piles of poop behind. — Huntsville News

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