Skip to content

Economy

National / Economy / State

Jones proposes bipartisan legislation to combat terrorism, money laundering

Sen. Doug Jones, D-Alabama, as well as other members of the Senate Banking Committee, Mark Warner, D-Virginia, Tom Cotton, R-Arkansas, and Mike Rounds, R-South Dakota, unveiled Monday draft bipartisan legislation aimed to improve corporate transparency, strengthen national security and help law enforcement combat illicit financial activity being carried out by terrorists, drug and human traffickers … Continued
June 11, 2019

Sen. Jones: Trump’s proposed Mexico tariffs will be “incredibly damaging”

Sen. Doug Jones spoke out against President Trump’s proposed 5 percent tariffs on Mexican goods during a talk with Alabama media outlets on Thursday, calling them “incredibly damaging for the American people, and particularly the people of Alabama.” “Mexico is Alabama’s third largest trading partner,” said Jones. “In 2018 alone, Alabama imported more than $4.2 … Continued
June 7, 2019

Sewell calls on state to expand Medicaid to shore up rural hospitals

Congresswoman Terri Sewell, D-Selma, called on the state of Alabama to expand the Medicaid program on Tuesday. Sewell made the remarks during a hearing of the House Ways & Means Committee. Sewell drew on her visit to Sumter County’s Hill Hospital last week to highlight the dire state of Alabama’s rural hospitals and the need … Continued
June 5, 2019

House passes disaster relief bill

The U.S. House of Representatives passed a bipartisan compromise disaster relief package on Monday. The House had earlier passed a Democratic relief plan opposed by the White House. U.S. Sen. Richard Shelby, R-Alabama, helped craft a bipartisan compromise. The Senate Amendment to H.R. 2157, the Additional Supplemental Appropriations for Disaster Relief Act, is a bill … Continued
June 4, 2019

Dynetics opens new manufacturing plant in Huntsville

Dynetics held a ribbon cutting ceremony last week for their new advanced manufacturing facility at their main campus in Huntsville. “I am incredibly proud of our team for having the foresight to create a facility that will be unique and adaptable to our customers’ needs. For years, we have wanted to fill a manufacturing niche … Continued
June 4, 2019

Fifth annual Lineman Appreciation Day held in Opelika

Opelika Power Services hosted the fifth annual Lineman Appreciation Day, sponsored by the Energy Institute of Alabama (EIA). The event recognized the men and women tasked with providing electricity to Alabama residents every day, even in dangerous conditions and after severe weather strikes. “In good weather we love them, but in bad weather, we sure … Continued
June 4, 2019

Takeaways from 2019 Legislative Session

The 2019 Alabama regular Legislative Session is over, and a lot happened that could substantially change how Alabama is governed. While hundreds of bills passed, here are the 11 biggest takeaways from the regular session that just ended and the special session. The state has more money for education. Following the Great Recession payments to … Continued
June 3, 2019

Legislature passes the Alabama Incentives Modernization Act

The State Senate approved the Alabama Incentives Modernization Act Wednesday to modernize Alabama’s incentives to take advantage of federal opportunity zones, recruit businesses to rural counties and attract technology companies to the state. The bill was sponsored by State Rep. Bill Poole, R-Tuscaloosa. The bill was carried in the Senate by Majority Leader Greg Reed, … Continued
May 31, 2019

House passes bills to allow for modern toll roads

The Alabama House of Representatives passed two bills Wednesday to allow for the state to modernize and update the toll road authority. Presently, the only toll roads in the state are private toll roads, most notably the beach express bridge to go to Orange Beach in Baldwin County. That will change with the new Interstate-10 … Continued
May 31, 2019
Nameplate reads J. Pepper Bryars

Time to stop daydreaming about a lottery

Lottery supporters were left saying “so close …” last week after the latest attempt to establish the game in Alabama collapsed under the weight of competing interests and power plays. It was reminiscent of the failed lotto player, successfully matching his numbers one by one until his hopes are dashed when that final digit proves … Continued
May 30, 2019