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Top News Links: Wednesday, Sept. 4

Littoral combat ships in budget limbo

The Navy's no-cuts budget draft includes all of the littoral combat ships originally ordered from Austal USA and Lockheed Martin, 52 including those delivered already, but a version of the budget with cuts to reflect sequestration would drop all but the 24 LCSs under contract now. — Mobile Press-Register

Kaellenius to head sales and marketing for Mercedes

Ola Kaellenius, once head of Mercedes-Benz operations in Alabama, has been picked to lead sales and marketing for Mercedes in Germany. — Automotive News

Russellville's CB&S acquires Tennessee bank

CB&S Bank, based in Russellville, has acquired all 15 branches and some additional assets of Community South Bank from the FDIC, which closed the Tennessee-based bank Aug. 23. — Lewis County (Tennessee) Herald

Alabama Power wins kudos from Site Selection magazine

Alabama Power is one of ten utilities highlighted by Site Selection magazine for its skills in economic development. — Site Selection

Legal action aims to protect poultry workers

Southern Poverty Law Center has filed formal requests with two federal agencies asking them to consider worker safety when deciding whether to approve faster production lines in Alabama chicken processing plants. — Huntsville Times

UK banks facings millions in payouts over interest swap sales

Banks in the United Kingdom are already facing $779,000 in payouts for mishandled derivatives to hedge interest rate changes, which caused financial woes from Italy to Birmingham, with the possibility of millions more. — Bloomberg

Washington group threatens legal action over Mobile airport papers

FOIA Group Inc., a  consulting company based in Washington DC, has threatened to file a formal complaint with the Alabama attorney general, because the Mobile Airport Authority refused to supply documents regarding its contracts with Hoar Program Management for development of the Airbus final assembly line in Mobile. — Mobile Press-Register

Radio station's alien-theme format change promo sets community atwitter

In a scene reminiscent of "War of the Worlds," the Shoals community got edgy about safety after listeners took Star 94.9 radio's format change announcements — presented with an alien invasion theme — to social media. — Birmingham News

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