Skip to content

Economy

Poarch Creeks subject of multiple federal probes, White House is watching

UPDATE: Late Friday evening, the Poarch Band of Creek Indians released a statement disputing that the tribe is under investigation, calling the comments from sources cited in the story below “untrue.” Tribal chairwoman Stephanie Bryan called the story an “attack” on the Poarch Creeks and said the tribe operates its businesses “with the highest degree … Continued
May 9, 2019

Warren, McCampbell sponsor bills to allow electronic bingo in Macon and Greene counties

State Reps. Pebblin Warren, D-Tuskegee, and A.J. McCampbell, D-Demopolis, held a public hearing Wednesday to promote their local constitutional amendments legalizing electronic bingo in Macon and Greene counties. Warren’s bill is House Bill 422, while McCampbell’s is HB545. “This is an issue that are very important for the Alabama Democratic Caucus and the Black Caucus,” … Continued
May 9, 2019

PACT board of directors approves 7 percent raise for tuition and fees

Alabama State Treasurer and PACT Board Chairman John McMillan announced that directors of the Alabama PACT Program approved a 7 percent increase to the current rate paid by the PACT Program for tuition and fees. This increase is effective fall semester 2019. “We are able to protect and enhance account holder’s investments thanks to the … Continued
May 9, 2019

Senate Committee passes tax exemptions for Barber’s Motorsports Park and Museum

The Alabama Senate Finance and Taxation Education committee passed a bill Wednesday giving tax exemptions to the Barber’s Race Track for its expansion. Senate Bill 296 is sponsored by State Sen. Bill Roberts, R-Mountain Brook. Roberts said the Barber’s Motorsports Park and Museum is the number one tourist attraction in the state and the largest … Continued
May 9, 2019

Sewell leads bipartisan push to protect auto industry from tariffs

U.S. Rep. Terri Sewell, D-Alabama, led a bipartisan group of lawmakers to urge Director of the National Economic Council Larry Kudlow and President Donald Trump against imposing new tariffs that could harm the auto industry. Sewell is a member of the Ways and Means Subcommittee on Trade. “We are convinced that the products hard-working Americans … Continued
May 9, 2019

BCA, AYN announce Manufacturers of the Year for 2019

The Business Council of Alabama and the Alabama Technology Network today announced the 2019 Manufacturer of The Year (MOTY) winners during an awards luncheon ceremony at the Alabama Activity Center. The Manufacturers of the Year finalists in the large, medium, and small manufacturer categories are: Kamtek in Birmingham, Milo’s Tea Company in Bessemer, OnPoint Manufacturing … Continued
May 2, 2019

AG: State minimum wage law didn’t have racist intent

The state argued in a new brief filed in federal court that the state’s minimum wage law — which prevents cities from raising their minimum wages — is not racially motivated but is instead an ordinary piece of economic legislation aimed at maintaining a uniform wage floor across the state. Attorney General Steve Marshall filed … Continued
May 1, 2019

Other states use lotteries to give kids a brighter future. Alabama wants to use lottery to build prisons

We have a vision problem in Alabama. We’ve always had a vision problem in this state. We are perpetually satisfied with how things are, with keeping things how they are, with resisting any change whatsoever. “Nah, we’re good,” should be our state motto. Even when making a change would benefit us, we resist. Even when … Continued
May 1, 2019

State lawmaker should not continue to give the Poarch Creeks a monopoly

The Poarch Band of Creek Indians, which is comprised of fewer than 4,000 members, have a monopoly over gaming in Alabama. The lottery legislation passed last week by the Senate, if adopted unamended in the House, will ensure the tribe’s monopoly not only continues but will grow exponentially. A “paper lottery,” as sponsored by the … Continued
April 29, 2019

Alabama sets new record with 2018 economic development projects

Alabama Gov. Kay Ivey announced Thursday that companies locating new facilities in Alabama or expanding existing operations invested $8.7 billion in growth projects during 2018, establishing a new annual record for the state. These economic development projects were outlined in the comprehensive 2018 New & Expanding Industry Report. The report predicted that these investments will … Continued
April 29, 2019