The explosions and fire, which critically injured three people, occurred across the Mobile River from where the Carnival Triumph is being repaired.» Read More
May 18- Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. Texas joins four other states that have sued BP and other companies in connection to the spill: Florida and Mississippi filed complaints last month, while Alabama and Louisiana did in 2010..
Robert Bentley is asking the Legislature to delay Alabama's private school tax credits for two years to give failing schools time to improve and allow the state to pay a huge debt before the new tax break reduces tax collections.
*Sony option and share volume far above normal on Monday. *Sony option volume hits records Monday, Tuesday- Trade Alert.
*Sony option and share volume far above normal on Monday. May 14- A surge in option market bets on Sony Corp just before a large hedge fund investor announced a big stake and called for a major restructuring of the company has raised concerns that some traders may have had advance word of the news.
*Bank of America helps lead Dow higher. NEW YORK, May 14- U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further. Bank of America, up 2.8 percent at $13.34, was the Dow's biggest percentage gainer, while Citigroup Inc rose 2.4 percent to $50.09.
*Wall Street shares resume rise on steady growth outlook. NEW YORK, May 14- Wall Street stocks jumped to record highs on Tuesday on hopes steady U.S. growth will extend equities' stellar run, while a strengthening dollar fueled further losses in oil and gold.
MIAMI-- Hospitals nationwide could lose half a billion dollars in federal funding for uninsured patients next year under the national health overhaul _ a loss that will hit especially hard in states that decided against expanding Medicaid coverage.
May 13- Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
ATLANTA-- The water dispute between Alabama, Florida and Georgia is provoking hardball politics in Congress, where Georgia lawmakers derailed a proposal that could restrict metro Atlanta's water supply.
KNOXVILLE, Tenn.-- He's less than two weeks old, but he shows the telltale signs of a baby agitated and in pain: an open sore on his chin where he's rubbed the skin raw, along with a scratch on his left check.
MONTGOMERY, Ala.-- The Alabama Legislature has approved legislation that says private schools and non-failing public schools don't have to accept students transferring from failing public schools.
The American Homebrewers Association estimates there are 1 million home brewers nationwide, with about 5,000 of them in Alabama. Alabama and Mississippi had been the last states to ban home brewing, but Mississippi passed a law in March.
But the case for reform is weak and there is little chance of a significant change owing to TVA's powerful political connections.
BIRMINGHAM, Ala., May 9- Alabama's Jefferson County expects to file a plan by late June to exit its landmark $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee defeated repeated efforts by Republicans on Thursday to significantly delay legalization for 11 million undocumented immigrants, a central focus of the bill.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee rejected a Republican attempt to significantly delay the legalization process for 11 million undocumented immigrants, a central focus of the bill.
BIRMINGHAM, Ala. May 9- Alabama's Jefferson County expects to file a "largely consensual" plan by late June to exit its record $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday.
MONTGOMERY, Ala.-- A state board started a review of Alabama Power's rates Wednesday after completing one for Mobile Gas that could lead to lower rates. The Public Service Commission's review of Alabama Power rates began with a discussion of the origin of its rate stabilization plan. Alabama Power is a subsidiary of Southern Co..
BIRMINGHAM, Ala., May 9- Alabama's Jefferson County is close to an agreement with some creditors and expects to file a plan by late June to exit its $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday. Jefferson County appears likely to become the first big U.S. local government to impose losses on bondholders since 1930 s.
MONTGOMERY, Ala.-- The Alabama Senate late Tuesday approved an education budget that would spend slightly more on schools next year, expand Alabama's pre-kindergarten program, and pay for a 2 percent raise for K-12 employees. The Senate passed the budget 22-11, with support coming from Republicans and opposition from Democrats.