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Top News Links: Monday, Oct. 28

JPMorgan settlement over mortgages tops $5 billion

JPMorgan Chase & Co., accused to selling faulty mortgage-backed securities to federal housing program Fannie Mae and Freddie Mac, has agreed to pay $5.1 billion to settle the matters; additional issues still to be resolved. — Bloomberg/al.com

Worker safety penalties for BAE Systems after Carnival ship broke free

The Occupational Safety and Health Administration has fined BAE Systems $7,000 for workplace safety violations after the Carnival ship Triumph — at BAE's docks for repair — broke free; a BAE worker was killed in the incident. — Mobile Press-Register

Walmart wants to be Alabama's Medicaid drug supplier

Discount house Walmart made a pitch to become the state's Medicaid drug supplier, in state legislative hearings about Medicaid costs, the Associated Press Reports. — al.com

Farmers await government decisions on farm bill

Alabama farmers, like awarded winner Annie Dee of Aliceville, await decision from federal lawmakers to see how changes to the Farm Bill will affect their farms. — Montgomery Advertiser

Lawsuit seeks to stop Birmingham Northern Beltline

Black Warrior Riverkeeper has filed a lawsuit in federal court challenging the environmental permits issues for the proposed Northern Beltline around Birmingham, a roadway now estimated at $104 million per mile. — Birmingham News

Contractor jobs threatened by cuts in military flight time

Army Fleet Support, based near Fort Rucker, has announced plans to lay off 70 more workers, as budget-based cuts to military flight time cut the need for support services. — Dothan Eagle

Union activity increases in Colombia as killings subside

After years of guerrilla threats against striking union leaders in Colombia, the threats have subsided and union activity and strikes are on the rise. — Businessweek

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