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Economy

UAB research study: combining e-commerce, salespeople can improve business to business profitability

Businesses produce goods and services to sell to consumers. Businesses are also consumers of goods and services. According to a new study by UAB’s School of Business in the Journal of Marketing Research, in business-to-business sales, a customer-salesperson relationship complements online channels, generating greater sales and net profits. The University of Alabama at Birmingham study … Continued
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June 17, 2019
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Opinion

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Recent bills to bring rural broadband, business growth to Alabama

For more than 40 years, I have dedicated my life to advancing the economic interests of Alabama. I’ve spent time in the state Legislature as a representative of my hometown district and was honored to be selected speaker of the House for Alabama. I served the governor as the director of what is now the … Continued
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June 14, 2019

Merrill expands online business filing to include domestic, foreign limited liability partnerships

Alabama Secretary of State John Merrill expanded online business filing services to include domestic and foreign limited liability partnerships on Monday. “The online service is offered statewide and is designed to eliminate the red tape that too often slows down business development in our state,” Merrill said. “Now, Alabamians can register or update their business … Continued
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June 11, 2019

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
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June 11, 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
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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
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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
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June 3, 2019