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Top News & Analysis Alabama

  • BIRMINGHAM, Ala. _ Hibbett Sports Inc. on Friday reported a fiscal second-quarter loss of $3.2 million, after reporting a profit in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Six analysts surveyed by Zacks expected $190.9 million.

  • President Donald Trump has abandoned plans to create an infrastructure advisory council, the White House said on Thursday, the day after two other advisory groups were dismantled over the furor caused by Trump's remarks on white supremacists. "The President's Advisory Council on Infrastructure, which was still being formed, will not move forward," a White...

  • Aug 17- Elliott Management Corp has quietly ramped up pressure on Energen Corp to explore a sale, according to two people familiar with the matter, as the U.S. oil and gas producer fends off heavy pressure from activist investors to sell itself. The behind-the-scenes push by Elliott comes as fellow activist shareholder, Corvex Management, has waged a public...

  • WASHINGTON— With corporate chieftains fleeing, President Donald Trump abruptly abolished two of his White House business councils, an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. The White House is trying to deal with the repercussions from...

  • WASHINGTON, Aug 16- A sale of oil and gas leases in U.S. waters in the Gulf of Mexico generated $121.14 million in high bids for 90 tracts covering 508,096 acres, Interior Secretary Ryan Zinke said on Wednesday. Twenty-seven companies participated, submitting 99 bids totaling $137 million, the Interior Department said in a statement. The sale was the largest in...

  • NEW YORK, Aug 16- U.S. stocks ended slightly firmer on Wednesday but off the day's highs as worries mounted over President Donald Trump's agenda and minutes from the latest Federal Reserve meeting suggested policymakers are worried about weak inflation. Indexes lost some ground following Trump's disbanding of two high-profile business advisory councils...

  • HOUSTON, Aug 16- Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million on Wednesday, a nearly seven-fold increase from a year ago, as their return to deep water exploration gained momentum. This compared with $18 million in high bids at the Bureau of Ocean Energy Management's Outer Continental Shelf auction last summer.

  • BATON ROUGE, La.— A Muslim-American radio host is accusing the publisher of a notorious neo-Nazi website of defaming him by falsely labeling him the "mastermind" of a deadly concert bombing in England, according to a federal lawsuit filed Wednesday. SiriusXM Radio show host Dean Obeidallah sued The Daily Stormer's publisher, Andrew Anglin, two days after domain...

  • NEW YORK— With corporate chieftains fleeing, President Donald Trump abruptly dismantled two of his White House business councils Wednesday— an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. The decision came as the White House tried to manage the...

  • President-elect Donald Trump speaks on December 17, 2016 in Mobile, Alabama.

    Luther Strange failed to get a majority in a Republican primary for the U.S. Senate seat and now faces a runoff.

  • The letter, from the Rail Customer Coalition sent on Monday, is the latest challenge to CSX Chief Executive Hunter Harrison's effort to ramp up productivity at the Jacksonville, Florida- based railroad and fulfill investor expectations for substantially better financial performance. Senators John Thune of South Dakota and Bill Nelson from Florida, and...

  • Sen. Luther Strange, R-Ala., talks with a reporter on the East Front of the Capitol on August 2, 2017.

    Luther Strange, Roy Moore and Mo Brooks are contending to fill the seat vacated by Jeff Sessions.

  • NEW YORK, Aug 14- U.S. stocks recovered further on Monday from last week's selloff, with the S&P 500 posting its biggest one-day percentage gain since April as worries eased about a conflict between the United States and North Korea. U.S. officials on Sunday played down the risk of an imminent war with North Korea. We had an adjustment and this week investors were...

  • NEW YORK, Aug 14- U.S. stocks recovered further on Monday from last week's selloff, with the S&P 500 posting its biggest one-day percentage gain since April as worries eased about a conflict between the United States and North Korea. U.S. officials on Sunday played down the risk of an imminent war with North Korea. We had an adjustment and this week investors were...

  • NEW YORK, Aug 14- Stocks around the world rose along with U.S. Treasury bond yields and the U.S. dollar on Monday as investors regained some appetite for riskier assets as the United States and North Korea appeared to take a break from their war of words. After a week of market jitters from increasingly aggressive exchanges between the nuclear-armed nations,...

  • Hundreds of white nationalists, neo-Nazis and members of the 'alt-right' are confronted by protesters as they march down East Market Street toward Emancipation Park during the 'Unite the Right' rally August 12, 2017 in Charlottesville, Virginia.

    Racist provocateur Richard Spencer is trying to speak at University of Florida next month.

  • Corvex- already the biggest shareholder in Energen- said in a filing disclosed on Monday that it raised its stake to 10.1 percent, eclipsing a threshold that allows shareholders of Alabama- domiciled companies to call a special meeting. The $5.5 billion fund, run by activist investor Keith Meister, has often used proxy fights to press for changes at companies.

  • Aug 14- U.S. stocks recovered further on Monday from last week's selloff, with the S&P 500 rising about 1 percent as worries eased about a conflict between the United States and North Korea. U.S. officials on Sunday played down the risk of an imminent war with North Korea. The CBOE Volatility index, Wall Street's fear gauge, fell more than 3 points after it spiked to a...

  • Trump picks a favorite in race to fill Senate seat Jeff Sessions vacated

    Alabama votes in the Republican Senate primary on Tuesday.

  • GOP candidate for U.S. Senate Sen. Luther Strange, R-Ala., speaks during the U.S. Senate candidate forum held by the Shelby County Republican Party in Pelham, Ala., on Friday, Aug. 4, 2017.

    Luther Strange, Roy Moore and Mo Brooks are contending to fill the seat vacated by Jeff Sessions.