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Alabama

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  • 91-year-old Ala mayor admits to $201K theft Friday, 12 Oct 2012 | 8:21 AM ET

    BIRMINGHAM, Ala.-- A 91- year-old woman who pleaded guilty Thursday to stealing $201,000 from the south Alabama town where she was mayor for three decades paid hush money in a bid to keep her crimes secret, documents showed. Prosecutors said River Falls Mayor Mary Ella Hixon pleaded guilty to theft and resigned.

  • KBR gets Army logistics contract Thursday, 11 Oct 2012 | 6:14 PM ET

    HOUSTON-- Defense contractor KBR Inc. said Thursday that it has been picked as one of the main contractors on a project that gets Army equipment ready for deployment. KBR said that as the prime contractor, it will be able to bid on individual task orders from the Army.

  • Army Corps revises plan to curtail locks Thursday, 11 Oct 2012 | 2:22 PM ET

    MONTGOMERY, Ala.-- The U.S. Army Corps of Engineers has revised its plans to severely curtail the operation of locks on the Alabama and Chattahoochee rivers. Jeff Sessions of Alabama said he's glad the corps modified the plans after public officials from both parties raised concerns about the economic impact.

  • Teachers make money selling materials online Thursday, 11 Oct 2012 | 5:03 AM ET

    SEATTLE-- Kristine Nannini spent her summer creating wall charts and student data sheets for her fifth grade class _ and making $24,000 online by selling those same materials to other teachers.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • By Richard Leong and Luciana Lopez. While traders had sold off earlier in the day to prepare for the $21 billion sale of 10- year notes, part of this week's $66 billion in coupon-bearing offerings, Treasuries retraced that lost ground after the auction.

  • By Richard Leong and Luciana Lopez. While traders had sold off earlier in the day to prepare for the $21 billion sale Of 10- year notes, part of this week's $66 billion in coupon-bearing offerings, Treasuries retraced that lost ground after the auction.

  • TREASURIES-Prices fall as traders prepare for 10-year sale Wednesday, 10 Oct 2012 | 11:56 AM ET

    NEW YORK, Oct 10- U.S. Treasuries prices fell on Wednesday as traders reduced their bond holdings to make room for $21 billon in 10- year note supply, part of this week's $66 billion in coupon-bearing offerings. The market decline is "just positioning ahead of the auction," Sharon Stark, chief fixed income strategist at Sterne Agee& Leach in Birmingham, Alabama. "

  • *Fed to sell $7 billion to $8 billion in short-dated debt. Treasuries prices fell on Wednesday as traders reduced their bond holdings to make room for $21 billon in 10- year note supply, part of this week's $66 billion in coupon-bearing offerings.

  • Trustmark, BancTrust, delay deal date into 2013 Tuesday, 9 Oct 2012 | 1:40 PM ET

    JACKSON, Miss.-- Trustmark Corp. says it will delay its takeover of BancTrust Financial Group because regulators haven't approved the deal yet. Jackson- based Trustmark had been scheduled to close its $55 million purchase of BancTrust by Dec. 31.

  • At a Glance: Weekly change in state gas prices Monday, 8 Oct 2012 | 1:14 PM ET
  • WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.

  • WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.

  • Travel Picks: Top 10 U.S. destinations in October Friday, 5 Oct 2012 | 10:41 AM ET

    NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.

  • Bass Pro Shops signs with Tony Stewart Friday, 5 Oct 2012 | 12:51 AM ET

    TALLADEGA, Ala.-- Tony Stewart insisted he wasn't trying to poach a sponsor when he approached Bass Pro Shops about an opportunity to join his race team. The three-time NASCAR champion has a long relationship with Bass Pro founder Johnny Morris, and knew the contract with Earnhardt Ganassi Racing expired at the end of this season.

  • NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.

  • Gordon's sponsor signs 1-year contract extension Friday, 5 Oct 2012 | 12:20 AM ET

    TALLADEGA, Ala.-- Jeff Gordon and Hendrick Motorsports announced a contract extension Thursday through 2014 with sponsor AARP and AARP Foundation. Gordo, a four-time NASCAR champion, has helped deliver food to food banks and actively supported the cause since partnering with the campaign.

  • Busch apologizes for rant against Toyota Friday, 5 Oct 2012 | 12:07 AM ET

    TALLADEGA, Ala.-- Kyle Busch apologized Thursday to manufacturer Toyota Motor Corp. for his profanity-laced rant about the fuel mileage at Dover. Busch unleashed a string of profanities directed at Toyota on his in-car radio, and did not do media interviews after the race.

  • Company wins $10.2M grant for rural cell service Thursday, 4 Oct 2012 | 9:59 AM ET

    ARLINGTON, Ala.-- A small company won a $10 million federal grant to expand wireless service in one of Alabama's most isolated regions, a five-county area west of Montgomery where it's sometimes impossible to make a cellphone call.

  • More Ala. counties eligible for hurricane aid Thursday, 4 Oct 2012 | 12:06 AM ET

    Robert Bentley said in a statement Thursday that the Federal Emergency Management Agency has approved the request. Bentley had sent a letter to FEMA saying the five counties-- Covington, Dallas, Geneva, Monroe and Perry-- suffered $2.5 million in damage. Baldwin, Mobile and Pickens counties had previously been approved for aid.