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Top News Links: Tuesday, Nov. 6

Alabama home prices drop while rest of nation jumps

CoreLogic researchers say that home prices nationwide have jumped 5 percent from last September to this September, but Alabama is one of only four states losing ground; excluding distressed sales, Alabama led all losing states with a 3.1 percent drop. — Market Watch

Tank car terminal planned for Mobile

Arc Terminals and Canadian National are teaming up to build a rail tank unloading terminal in Mobile, able to handle 120 cars a day or 75,000 barrels; slated to begin operation in 2013. — PR Newswire

Redstone explosive ordnance complex under way

Groundbreaking ceremonies were slated Monday for a $10 million Explosive Ordnance Exploitation facility at Redstone Arsenal; facility specialists will analyze threat from foreign missile systems. — al.com 

NASA asks for payload advice

In the design stages for a new heavy-lift rocket, NASA has turned to industry with a request for information about payload fairings and adapters. — Huntsville Times/al.com

Beach tourism heads for record

Tourism at Alabama beaches appears headed for an all-time record this year, with revenues expected to reach $320 million. — al.com

Kudos for state website

The state's website, alabama.gov, has been chosen for a silver award from the International Academy of Visual Arts. — Business Wire

Technical magnet school opens in Montgomery

New technical magnet high school offers students training in crafts and trades. — Montgomery Advertiser

New stores planned

A new Fresh Market is slated to open Nov. 14 in Daphne; Nordstrom Rack coming to Birmingham in spring. — 4-Traders/PR Newswire

Recycling Business opens in Birmingham

With the help of a grant, Alabama Environmental Council's new Recycling Business is now offering paper pick up services in the Birmingham area. — AEC PR

Tough quarter for Walter Energy

Walter Energy, based in Birmingham, announced a drop in quarterly revenues compared to last year and a $1.1 billion net loss due to a one-time good will impairment write off. — Equities.com 

Kloeckner Metals picks Brasfield & Gorrie for new plant

Birmingham-based Brasfield & Gorrie has been selected to build a new $18 million steel processing plant for Kloeckner Metals, near ThyssenKrupp mills just north of Mobile. — al.com

TeamHealth moves into Montgomery-area hospitals

TeamHealth, an emergency-room management company, has begun offering services at Baptist Medical Center South, Baptist Medical Center East and Prattville Baptist Hospital. — PR Newswire

Johnson to head TVA

Bill Johnson, former CEO of Progress Energy, has been selected to lead the Tennessee Valley Authority. — Huntsville Times/al.com

Hyundai, Kia rapped for overstating gas mpg

The Environmental Protection Agency has cited Hyundai and Kia for overestimating miles per gallon numbers; no decision on penalty. — Alabama Public Radio

Montevallo hoping to lure new restaurant downtown

Officials in Montevallo have begun searching for people interested in establishing a restaurant in the Alabama Coach Station Building to complement a major downtown redevelopment project. — Shelby County Reporter

Lineworkers, AT&T reach agreement in Southeast

Lineworkers in the Communication Workers of America reached a three-year agreement with AT&T; agreement now headed for ratification vote. — Fierce Telecom

Major penalties expected for Libor manipulation

Rescued by government bailout in 2008, Royal Bank of Scotland now anticipates a hefty fine for its role in Libor rate manipulations. — Business Standard

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