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Top News Links: Thursday, Oct. 27

Google Fiber starting to sound iffy

Google Fiber gave reassurances to Huntsville Thursday, a day after the internet service provider decided to pause expansion plays and lay off staff in eight metropolitan areas as it looks for new technologies and new methods to deliver high-speed internet to customers. "Once the Huntsville Utilities high-speed fiber network is built, we plan to bring Google Fiber to Huntsville as planned,” a spokesman said. – WAAY

Hyundai net income falls for 11th straight quarter

Hyundai Motor Co. posted a drop in quarterly profit after labor strikes hurt domestic production and a stronger currency eroded repatriated earnings. Operating profit declined 29 percent to 1.07 trillion won ($943 million) in the three months ended Sept. 30, the company said Wednesday. – Automotive News

Every man’s dream: Beer that delivers itself

Anheuser-Busch hauled a trailer loaded with beer 120 miles in an autonomous-drive truck, completing what's believed to be the first commercial shipment by a self-driving vehicle. The trip happened last week in Colorado as Anheuser-Busch, collaborated with Otto, a subsidiary of Uber that is developing self-driving truck technology. The semi drove autonomously on the highway between Fort Collins, Colorado and Colorado Springs, Colorado. – CNBC

Lawyers argue fate of minimum wage law for state

Lawyers for the state of Alabama made their case before a judge Wednesday to dismiss a lawsuit that seeks to invalidate a state law that prevents cities from raising their own minimum wages. The outcome of the case could determine if Birmingham gets to raise its minimum wage to $10.10 an hour. – AL.com

Impeachment committee insisting that Bentley testify

An impeachment committee is demanding that Gov. Robert Bentley testify under oath. The House Judiciary Committee sent a formal demand for the governor to provide deposition-like testimony to the committee's special counsel on Nov. 9. Committee Chairman Mike Jones says the committee wants a "clear, truthful record from the governor and his staff." – APR

BBVA Compass, Opportunity Finance Network partner

BBVA Compass and Opportunity Finance Network are joining forces to cultivate the next generation of leaders for Community Development Financial Institutions. The Opportunity Fellows Program helps CDFIs deliver affordable lending to help low-income, low-wealth, and other disadvantaged people and communities join the economic mainstream. – PRNewsWire

USDA offers drought assistance to many Alabama counties

The U.S. Department of Agriculture recently classified 32 counties in Alabama as primary natural disaster areas and 15 additional counties as contiguous counties because of drought. Several drought assistance programs are now being offered by the USDA.  – News release

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