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Top News & Analysis Alabama

  • 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...

  • 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.

  • ATLANTA— After more than six years in federal prison and house arrest, former Alabama Gov. But he hopes to convince people that the bribery and obstruction of justice charges that put him behind bars were the fruits of a Republican conspiracy that extended to President George W. Bush's White House and lingered into the Obama administration.

  • BIRMINGHAM, Ala. _ Medical Properties Trust Inc. on Wednesday reported a key measure of profitability in its second quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share. For the current quarter ending in October, Medical Properties expects its per-share funds from operations to...

  • JACKSON, Miss.— A fired engineer at a now-aborted Mississippi Power Co. plant sued the utility's parent company Tuesday, saying an order to reinstate him is being ignored. Wingo says in the suit that he tried to tell executives with Atlanta- based Southern Co. that construction at the Kemper County power plant wouldn't meet deadlines promised to investors.

  • However, Dublin, Ireland- based Endo's shares fell about 3.5 percent to $8.98 in early trading on Tuesday. Endo reported sales of $563.3 million in its U.S. generics business in the second quarter ended June 30, ahead of the consensus estimates of $525 million. Endo, however, lowered its full-year revenue forecast to $3.38 billion to $3.53 billion from $3.45...

  • The Dublin, Ireland- based drugmaker lowered its full-year revenue forecast to $3.38 billion to $3.53 billion from $3.45 billion to $3.60 billion. Excluding items, Endo earned 93 cents per share, above the average analyst estimate of 73 cents per share, according to Thomson Reuters I/B/E/S. Net loss from continuing operations was $696 million, or $3.12 per share,...

  • The Dublin, Ireland- based drugmaker raised its full-year revenue forecast to $3.38 billion to $3.53 billion from $3.45 billion to $3.60 billion. Excluding items, Endo earned 93 cents per share, above the average analyst estimate of 73 cents per share, according to Thomson Reuters I/B/E/S. Net loss from continuing operations was $696 million, or $3.12 per share,...