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Top News & Analysis Alabama

  • The verdict against Joel Gilbert, a partner with Balch& Bingham law firm, and Drummond Co. Vice President David Roberson was announced after a four-week trial. Oliver Robinson to oppose the Environmental Protection Agency's expansion of a Superfund site and prioritizing the site's expensive cleanup. Attorney Jay Town said after the verdict that the case was...

  • The U.S. National Highway Traffic Safety Administration says in documents posted on its website Friday that it has 40 complaints from consumers about stalling, including two alleging that the engines caught fire. In one of the complaints involving a fire, an Escape owner in Dozier, Alabama, reported that on June 6, the engine stalled while being driven, and the SUV...

  • BIRMINGHAM, Ala. _ Regions Financial Corp. on Friday reported second-quarter profit of $362 million. The average estimate of 24 analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Twenty-four analysts surveyed by Zacks expected $1.45 billion.

  • WASHINGTON, July 19- The U.S. consumer finance watchdog ordered an Alabama- based payday lender on Thursday to return $500,000 to borrowers who were overcharged, a fine that people familiar with the matter said was only a third of what the prior Obama-era head of the agency had sought. The settlement between Triton Management Group Inc and the Consumer Financial...

  • BIRMINGHAM, Ala. _ ServisFirst Bancshares Inc. on Thursday reported second-quarter net income of $33.5 million. On a per-share basis, the Birmingham, Alabama- based company said it had net income of 62 cents. The holding company for ServisFirst Bank posted revenue of $83.9 million in the period.

  • WASHINGTON, July 19- The U.S. consumer finance watchdog ordered an Alabama- based payday lender on Thursday to return $500,000 to borrowers who were overcharged, a fine that people familiar with the matter said was only a third of what the prior Obama-era head of the agency had sought. The settlement between Triton Management Group Inc and the Consumer Financial...

  • LAS VEGAS— Nevada twice has come close to carrying out its first execution in 12 years. The delays are raising questions about whether Nevada can overcome legal hurdles to execute its first inmate since 2006 and whether the political will exists to find a way to carry out capital punishment at all. States, including Nevada, have increasingly run up against...

  • WASHINGTON— The Latest on a U.S. Commerce Department hearing Thursday into whether imports of cars, trucks and auto parts pose a threat to American national security that would justify hitting them with tariffs:. John Hall, a maintenance worker at the Hyundai Motor Manufacturing plant in Montgomery, Alabama, testifies that auto imports pose no threat to U.S....

  • WASHINGTON— The U.S. Commerce Department sought feedback on President Donald Trump's plans to consider taxing auto imports. They argued that the taxes would raise car prices, squeeze automakers by increasing the cost of imported components and invite retaliation from U.S. trading partners— and allies— like the European Union and Canada.

  • Target already begun same-day deliveries using Shipt in other parts of the country, including Texas, Illinois, Michigan and Ohio. Target Corp. said Thursday that the same-day delivery of items like groceries and toys will start on July 31 in Hudson Valley and Kingston. It will launch in other areas, including Long Island, Manhattan, the Bronx, Brooklyn, Queens and...

  • WASHINGTON— Having started a trade war with China and enraged U.S. allies with steel tariffs, President Donald Trump is primed for his next fight. In announcing the auto investigation in May, Commerce Secretary Wilbur Ross had said, "There is evidence that, for decades, imports from abroad have eroded our domestic auto industry." And even considering the...

  • Orrin Hatch, the Republican chairman of the Senate Finance Committee, said that if the administration continues "with its misguided and reckless reliance on tariffs," he'll push for legislation. Hatch has been a critic of the administration's imposition of tariffs but has so far focused on working behind the scenes to influence the White House.

  • HUNTSVILLE, Ala. _ Adtran Inc. on Tuesday reported a second-quarter loss of $7.7 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. Adtran shares have dropped 17 percent since the beginning of the year.

  • Rep Martha Roby, who criticized Trump but got his endorsement, wins Republican runoff in Alabama for her seat.

  • WASHINGTON— Members of Congress warned Tuesday that newspapers in their home states are in danger of reducing news coverage, laying off workers or going out of business if the United States maintains recently imposed tariffs on Canadian newsprint. About a dozen lawmakers testified Tuesday morning against making the tariffs permanent during a United...

  • Mexico's Damojh says steep take-off caused Cuba plane crash. MEXICO CITY- Mexican aviation company Damojh said on Monday a very steep take-off angle led one of its planes to crash in Cuba in May, killing 112 people, according to black boxes retrieved from the wreckage. Texas fetal tissue burial law on trial at U.S. court.

  • BEIJING— In a story July 12 about the latest developments in the U.S.- China trade war, The Associated Press erroneously reported that 200,000 jobs at an Alabama Hyundai plant could be jeopardized if the U.S. imposes higher auto tariffs. The Latest: China seafood importers feel trade dispute pinch. BEIJING— The Latest on the U.S.- China trade dispute:.

  • BEIJING— In a story July 12 about the U.S.- China trade war, The Associated Press erroneously reported that 20,000 jobs at an Alabama Hyundai plant could be at risk if the U.S. imposes higher auto tariffs. China says US companies should lobby Washington over trade. BEIJING— China tried to step up pressure on Washington in their growing tariff war Thursday by...

  • WASHINGTON, July 12- The U.S. Department of the Interior said on Thursday it would hold a record-sized auction for oil and gas leases in the Gulf of Mexico next month, in an attempt to spark interest in offshore drilling months after a similar sale received a weak response from energy companies. The sale, to be held on Aug. 15, includes all available unleased areas in...

  • Washington last week imposed 25 percent tariffs on $34 billion worth of Chinese products. Fish brought to Beijing's Jingshen market are sold to distributors to source restaurants and grocers all across China. China is trying to step up pressure on Washington in a growing tariff war by suggesting U.S. companies lobby American leaders.