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Economy

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Business Facilities Magazine ranks Alabama No. 4 for business climate

Alabama received high rankings for its workforce development programs and auto manufacturing strength in a new report from Business Facilities magazine, which also picked Birmingham and Huntsville as top cities for business climate. This is the 16th installment of Business Facilities’ Annual State and Metro Rankings Report. The magazine ranked Birmingham/Hoover as the No. 1 … Continued
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August 14, 2020

USDA announces more eligible commodities for CFAP

The U.S. secretary of agriculture, Sonny Perdue, announced that additional commodities are covered by the Coronavirus Food Assistance Program. This decision was made in response to public comments and data, and the USDA is extending the deadline to apply for the program to Sept. 11, and producers with approved applications will receive their final payment. … Continued
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August 13, 2020

Alabama Arise calls Trump unemployment order “Band-Aid over a gaping economic wound”

An Alabama nonprofit that advocates for low-income residents says that President Donald Trump’s executive actions to extend federal aid to Americans affected by the pandemic falls far short of what is needed. “These executive actions put a Band-Aid over a gaping economic wound,” Chris Sanders, communications director for Alabama Arise, said in a statement on … Continued
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August 11, 2020
Opinion

Opinion

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Alabama’s workers deserve better than McConnell’s inadequate COVID-19 proposal

America is suffering from an unprecedented pandemic and the economic collapse it has created. Nearly three months ago, the U.S. House of Representatives passed the HEROES Act, a comprehensive COVID-19 relief bill. Right now, that bill is sitting untouched on Senate Majority Leader Mitch McConnell’s desk as working people are suffering. Senator McConnell’s told us … Continued
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August 11, 2020

New unemployment claims continue to drop

There were 11,692 unemployment claims filed in Alabama last week, down from 17,439 the previous week, according to the Alabama Department of Labor. Seventy-six percent of the claims from July 26 to Aug. 1 were related to COVID-19, according to the Alabama Department of Labor. That compares to 89 percent the week before. New claims … Continued
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August 6, 2020

Alabama Power is returning $100 million to customers

The Alabama Public Service Commission approved a plan Tuesday to credit Alabama Power Company customers on their October bills. The move returns approximately $100 million to Alabama Power Company customers. “Putting money back into the pockets of hard-working Alabamians is one of the ways we can help on the road to recovery,” Public Service Commission … Continued
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August 5, 2020

Payroll Protection Program deadline has been extended to Saturday

Congresswoman Martha Roby, R-Montgomery, this week reminded business owners that the deadline to apply for the Payroll Protection Program, knowns as the PPP, has been extended to Saturday. “The Small Business Administration’s Paycheck Protection Program (PPP) application deadline was recently extended to Saturday, August 8,” Roby wrote in an email to constituents. “Do not forget … Continued
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August 5, 2020