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Top News Links: Tuesday, May 13

Airbus earnings beat first-quarter estimates

Airbus Group reported first-quarter earnings today that beat analyst estimates as the aircraft manufacturer reduced costs on its A380 superjumbo, driving the biggest stock gain in more than five months. “There are still many challenges ahead for the rest of the year,” Chief Executive Officer Tom Enders said. – Bloomberg

Many approaches on minimum wage

Four states still maintain minimum wage levels below the federal minimum of $7.25 an hour: Arkansas, Georgia, Minnesota and Wyoming. Five other states have not adopted a state minimum: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. – USA Today

High court tosses $37M judgment

The Alabama Supreme Court has tossed out a $37 million judgment against a Jefferson County nightclub. The court ruled 9-0 Friday that there was not a sufficient effort to notify the nightclub owner of the litigation before a court awarded the $37 million default judgment. – Claims Journal

Global warming ignored here

Although the Deep South has a reputation for hot, steamy weather, part of the Southeast actually experienced cooler-than-normal temperatures between 1991 and 2012. Southern Alabama saw the most cooling, with a decrease of 0.5°F to 1°F (0.3°C to 0.5°C) over the previous average. – National Geographic

New York casino will require $350M

To build a casino in Orange County, just an hour from New York City, would require a minimum of $350 million in capital, a state panel said Monday. Greenetrack, an Alabama dog-track operator that has proposed a $500 million casino in New Windsor, N.Y., seemed unfazed by the minimum investment. – New York Times

TK returns to world of net profits

ThyssenKrupp returned to net profit for the first time in almost two years and lifted its full-year guidance as cost-cutting measures, divestments and demand for elevators and automotive components helped the crisis-hit steelmaker slowly get back on its feet. – Financial Times

Bentley talks jobs and more in Dothan

Gov. Robert Bentley’s trip to Dothan Monday began as a jobs trip. He has named these stops his “Road to Economic Recovery Tour.” His trip ended, however, about something else. – Dothan Eagle

Fitch rates state school bonds AA+

Fitch Ratings assigns an 'AA+' rating to the following bonds of the Alabama Public School and College Authority: $82.655MM Capital Improvement Pool Refunding Bonds, Series 2014-A. The bonds are expected to sell via negotiation on or about May 14, 2014. – BusinessWire

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