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Economy

Shelby co-sponsors the coronavirus economic stabilization act

Senate Appropriations Committee Chairman Richard Shelby of Alabama, Senate Majority Whip John Thune and Senate Commerce Committee Chairman Roger Wicker, all Republicans, released “The Coronavirus Economic Stabilization Act of 2020” as part of the broader Senate economic response package. Sponsors say that the legislation would allow the Treasury Secretary to provide up to $208 billion … Continued
March 20, 2020

Marshall warns Alabamians against illegally profiting off of the public health emergency

Alabama Attorney General Steve Marshall on Thursday warned that those who seek to illegally profit from State Public Health Emergency that Alabama’s price-gouging Law is in effect. Alabama Gov. Kay Ivey declared a state Public Health Emergency on March 13 in Alabama relating to the appearance of the 2019 novel coronavirus. Alabama’s price gouging law … Continued
March 20, 2020

Hyundai supplier to expand in Selma creating 60 new jobs

Seoyon E-Hwa Interior Systems, a Tier 1 automotive parts supplier to Alabama’s Hyundai assembly plant, announced plans earlier this month to invest more than $5 million to expand its operation in Dallas County. Seoyon E-Hwa will add 60 jobs to its current workforce of 436 in Selma. This will makes the company one of Dallas … Continued
March 20, 2020

Toyota-Mazda, Honda to halt production at Alabama plants, will continue to pay workers

Honda North America, which operates a plant in Lincoln, and Toyota Motor Manufacturing, which jointly operates the massive Toyota-Mazda plant in Huntsville, announced on Wednesday that it would be shutting down its operations beginning March 23 in order to thoroughly clean its plants as the COVID-19 virus continues to spread.  The companies also said they … Continued
March 18, 2020

Alabama Power, other state utilities promise not to disconnect services for those impacted by COVID-19

Alabama Power and Spire will not disconnect customers impacted by the COVID-19 virus, the companies announced on Tuesday in a story on their news website.  APCO said in the story that it has not disconnected any delinquent customers since the coronavirus pandemic was declared a state of emergency in Alabama on March 13, and that … Continued
March 17, 2020

Senior shopping hours, earlier closing times: How businesses are navigating COVID-19

Closures, online grocery shopping and elderly-only shopping hours are just some of the ways that businesses are trying to prevent the spread of the coronavirus.  The Alabama Alcoholic Beverage Control Board will be temporarily closing 78 ABC stores across the state in an effort to protect customers and employees from the coronavirus. The stores that … Continued
March 17, 2020

Gov. Ivey says state’s banks prepared for COVID-19

Gov. Kay Ivey on Tuesday issued a statement expressing confidence in preparations made by Alabama’s banks in the face of the COVID-19 pandemic. “I am confident in the preparations and plans that our financial institutions have put in place,” Ivey said in the statement. “I also have significant confidence in the underlying health of our … Continued
March 17, 2020

Alabama is simply unprepared for the coronavirus crisis

At a House Health Committee meeting on Wednesday, state health officer Dr. Scott Harris said he did not doubt that novel coronavirus would be found here in Alabama if there was more testing. The deadly COVID-19 virus is here, and people are sick and most likely, some will die. Around the state, people are being … Continued
March 12, 2020