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Top News Links: Thursday, May 19

Jury in place for House Speaker Mike Hubbard's ethics trial

A jury is in place for House Speaker Mike Hubbard's ethics trial, which is scheduled to start on Tuesday. — The Washington Time/AP

Shaw Industries cuts another 183 workers in DeKalb County

The same company that cut 160 jobs in 2015 in DeKalb County will shut down its Valley Head plant this summer. Shaw Industries Group announced it will consolidate production from Plant 14 in Valley Head to other locations in Alabama and Georgia. The closure will affect 183 employees, who will have an opportunity to transfer to other Shaw facilities. — AL.com

Obamacare pushes uninsured rates to historic lows in Alabama

The rate of Alabamians without health insurance dropped below 9 percent in 2015, which also became the first year the share of Americans without health insurance fell below one in ten. — AL.com

Thousands more Alabama workers soon eligible for overtime pay

Millions of employees will soon be eligible for overtime pay after a policy change announced yesterday by the Obama administration. — Alabama Public Radio

Alabama officials announce agreement to bring coastal insurance relief

Approximately 25,000 coastal property owners will see a reduction on wind insurance rates before hurricane season kicks off next month. — Lagniappe Weekly

Regions names head of private wealth management group

The $125 billion-asset company said in a press release Tuesday that Kate Randall Danella will lead a team of private wealth management professionals providing banking, trust and investment management services to affluent and high-net-worth individuals and families. Regions' wealth management division administers $85 billion in assets. — American Banker

First tenant for The Avenue in downtown Huntsville

The first retail tenant for The Avenue will bring a full bourbon bar, craft beer and cocktail selection, and tapas menu to downtown Huntsville. Real estate company Crunkleton & Associates confirmed Church Street Purveyor will open its doors at the mixed-use development in late December or early January of next year. — AL.com

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