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Top News Links: Monday, Sept. 30

The oil spill saga continues

 A judge is hearing claims that BP lied to federal officials and withheld information about the amount of crude spewing into the Gulf of Mexico from its blown-out well. — Alabama's 13

AWG purchases 43 Belle Foods stores

A U.S. Bankruptcy Court Judge has approved the sale of the remaining 43 Belle Foods stores to Associated Wholesale Grocers for $16.13 million, plus a discounted price for some of the story inventory. — al.com

Alabama deposits $260 million to savings account for schools

Gov. Robert Bentley’s office announced Friday that the state would pay back about $260 million to the Rainy Day Account that was emptied in 2009; the account must be fully repaid by 2015. — Montgomery Advertiser / South Union Street

High price of job bidding

Local officials were frustrated earlier this year when the Montgomery area lost a $300 million tire plant to Mississippi after a bidding war between the two states; in the end, Alabama offered only $38 million in tax breaks and other incentives compared to Mississippi's offer of $130 million, plus a 25-year exemption on income taxes. — Montgomery Advertiser

Huntsville native's business seeks big award

Rebellion Photonics, a Houston-based company co-founded by Huntsville native Allison Lami Sawyer, is among five businesses across the U.S. vying for The Wall Street Journal's Startup of the Year title. — al.com

Raytheon lands large Navy contract

Raytheon Missile Systems has been awarded a $243 million Navy contract for procurement of 89 Standard Missile-6 Block I All Up rounds, spares, containers and round design services. — al.com

Grand River plans set in motion

After more than a decade of planning and promoting, the first phase of homes that will be eventually be part of the 6,500-acre Grand River development in eastern Jefferson County is finally being built nearly 700 acres off Rex Lake Road. — al.com

Medical Properties Trust announces completion of acquisition 

Medical Properties Trust, Inc. announced today that it has completed the acquisition of the real estate of three acute care hospitals operated by IASIS Healthcare LLC. — MarketWatch

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