Edit Module Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It

Top News Links: Wednesday, May 1

Auditors favored over HealthSouth in court ruling

A Jefferson County court has sided with auditor Ernst & Young over claims by Birmingham-based HealthSouth that the auditor's work was negligent, confirming an arbitration decision; HealthSouth says it has not decided whether to appeal to the Alabama Supreme Court. — HealthSouth PR

Baldwin bank acquired by Mississippi firm

The First National Bank of Baldwin County has been acquired by The First Bancshares Inc., based in Mississippi. — First Bancshares PR

US Steel coy about interest in ThyssenKrupp plant

Bloomberg reported last week that U.S. Steel is one of the few remaining bidders for ThyssenKrupp's steel mill near Mobile, but so far U.S. Steel officials are mum; analysts speculated that the topic might be addressed in yesterday's quarterly review meeting, but the CEO remained coy. — Pittsburgh Business Times

Groundbreaking today for latest Mercedes expansion

Mercedes-Benz broke ground this morning for its latest expansion, a $70 million logistics hub to warehouse and sequence parts for future products. — Birmingham News

Frontline Homeowners offers coverage for coastal Alabama

Florida-based Frontline Homeowners is now offering wind and flood insurance coverage for homes in coastal areas of Alabama with plans to add condominium policies in the near future. — Insurance Business Review

Ohio firm gets work on Airbus plant

Austin Co., based in Cleveland, Ohio, has been chosen for part of the Airbus construction project, teaming with Gulf States Engineering, based in Mobile; construction of the Airbus assembly line is expected to employ 2,500 workers. — Crain's Business News

UAB team working to fight phishing

Scientists at the University of Alabama at Birmingham are working on models to help detect and prevent schemes that corrupt and misuse computerized data. — Bank Info Security

Space-bound ticket prices rise as Russia has transportation monopoly

With the only space transportation system in operation, Russia has raised the ticket price to the Space Station from $65 to $70 million, the Associated Press reports. — WVTM-TV

Innovation awards to Huntsville's Advanced Optical

Advanced Optical Systems Inc., based in Huntsville, has earned two Edison awards for its innovations in developing an optical identification system. — Advanced Optical PR

Phenix City company launches American-made collegiate gear

Phenix City-based The Game, makers of sports headwear, has launched an all-American line, starting with grown-in-the-US fibers, made by US workers and available for college players. — The Game PR

Alabama one of five states to see lumber mills reopen

As the housing market slowly recovers, lumber mills are beginning to coming back to life, including one in Alabama. — USA Today

Wikipedia founder predicts university lectures on the way out

Jimmy Wales, co-founder of Wikipedia and an Auburn graduate, predicts that college lectures will be replaced by online programs. — BBC

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module