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Top News Links: Wednesday, Sept. 3

Boeing contract worth $234.7 million

The Boeing Co. won an undefinitized contract, worth $234.7 million, associated with production and delivery of AH-6I aircraft for Saudi Arabia. This contract involves foreign military sales to Saudi Arabia with the assistance of the Army Contracting Command of Redstone Arsenal. While announced Aug. 29, the order was initially revealed by Boeing in 2013. – Zacks

House GOP leaders claim disparity

Seven U.S. House Republicans, including Spencer Bachus, are demanding Treasury Secretary Jacob Lew explain why a panel of top regulators seems to be treating asset managers better than insurance companies. At issue is the Financial Stability Oversight Council’s review of companies from both sectors and the threat they pose to the financial system. – Wall Street Journal

Home Depot investigates hack

Home Depot may be the latest retailer to suffer a major credit card data breach. The Atlanta-based home improvement retailer told The Associated Press Tuesday that it is working with both banks and law enforcement to investigate "unusual activity" that would point to a hack. – AP

Halliburton to pay $1B in oil claims

Halliburton Energy Services Inc. has agreed to pay more than $1 billion to settle civil claims for damages caused by the Deepwater Horizon oil spill in 2010. The agreement, announced on Tuesday, resolves the “substantial majority” of the spill lawsuits filed against Halliburton, which denied any wrongdoing. – National Law Journal

LaClede finalizes Alagasco purchase

St. Louis, Missouri-based Laclede Group has acquired Alagasco from Energen Corp. for $1.35 billion, the company announced on Tuesday. Customers of Alagasco won't see any change on their monthly bill or notice interruptions of service of any kind, officials said. – AL.com

Thanks to ruling, money flows to races

A controversial 5-4 Supreme Court ruling earlier this year has resulted in exactly what critics feared and supporters had hoped: Enormous contributions by wealthy donors into this year’s midterm elections. – AllGov

Why do we lag on renewable energy?

For decades Alabama has been a jobs and investment juggernaut, but one industry – renewable energy, one of the fastest growing in the U.S. and worldwide – won't be coming to Alabama any time soon, despite studies confirming Alabama's potential for wind and solar deployment. – AL.com

Commercial Realty finalizes deals

Commercial Realty Services of Alabama LLC recently represented two unrelated purchasers in the acquisition of the East Gadsden Former Food World, located at Eastside Plaza Shopping Center, and the Canterberry Station Shopping Center Former Food World, both located in Gadsden. – News release

Atmore hospital, Baptist Health to part

The 20-year affiliation between Atmore Community Hospital and Baptist Health Care will end next year with new plans for ACH to be managed by Infirmary Health, according to the Escambia County Healthcare Authority, which added that negotiations are still ongoing. – Atmore News

MarineMax preps for boat boom

MarineMax Inc., the nation’s largest recreational boat retailer, announced today that it has expanded its financing facility to provide for borrowings of up to $235 million. MarineMax, with offices in Alabama, is led by GE Capital Commercial Distribution Finance and also includes M&T Bank and Bank of the West. – News release

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