Alabama continued to experience an increase in average sales price and an overall slowdown in home sales last month, according to the Alabama Economic and Real Estate Report released by the Alabama Association of Realtors. Home sales decreased compared to July, marking the second consecutive month of declining sales. the report said. RELATED: Alabama a hot […]

Growth projects valued at almost $200 million are under way in Alabama’s bioscience sector, setting the stage for robust new research grants and the recruitment of additional scientists to conduct cutting-edge projects. The growth spurt will build on investment projects announced by life science companies in the state that totaled $230 million since the beginning […]

Close to two hundred members of the United Auto Workers union ,who are employed at ZF Chassis Systems in Tuscaloosa, have gone on strike as of Wednesday morning. The business is a major producer of front axels for the Mercedes-Benz plant in Vance.

Radiance Technologies has collaborated with the Army Partnership for Your Success (PaYS) Program, offering Army veterans a seamless transition into employment with the company. Huntsville-based Radiance is the first company in Alabama to partner with the Alabama Army National Guard through the PaYS program. The PaYS Program is a strategic alliance between the Army and corporations, companies, […]

Vulcan Materials, the country’s largest producer of construction aggregates, has promoted two of its top leaders to the positions of president and chief operating officer. Former COO Tom Baker II has been named president and Ronnie A. Pruitt has been promoted to COO, the company announced today. Baker will continue to lead enterprise-wide strategic initiatives […]

October is a time of unity, action, and education across the country for National Breast Cancer Awareness Month. In Alabama, many businesses and organizations are going a step further to raise money for local, lifesaving breast cancer research across the state. The Breast Cancer Research Foundation of Alabama (BCRFA) has partnered with more than 25 […]

Huntsville-based Dynetics Group was recently awarded a $124.7M Cyber Electromagnetic Activities contract from Army Contracting Command to support the Army’s Missile and Space Program Executive Office, Leidos announced recently. This award is critical to the safety and security of the U.S. warfighter because it provides CEMA resiliency to vital Army PEO Missile and Space weapon […]

Alabama’s historic move to allow nursing apprenticeships through Alabama’s community and technical colleges is helping combat nursing shortages across the state. Since new rules passed last year allowing Alabama healthcare employers to enter into an apprenticeship agreement with nursing programs in the Alabama Community College System, an estimated 400 nursing apprentices across 17 colleges have served […]

Sylacauga native Margaret Morton led the Welcome to EARTH event in Talladega County celebrating EARTH’s progress and strides in support.

Regions Bank has appointed Anna Brackin as chief compliance officer and Gary Walton as the business unit chief risk officer for its consumer banking and wealth management divisions. Brackin joined Regions in 2020 as head of Corporate Banking Strategy and Administration.  RELATED: Regions, Vulcan Materials make Fortune 500 She succeeds Doug Jackson who retired after […]

The U.S. Small Business Administration is reminding Alabama businesses they still have time to apply for working capital loans following the severe storms, straight-line winds, and tornadoes that impacted the state last January.  The month saw Alabama ravaged by two tornado outbreaks, with one outbreak producing 13 strong tornadoes.  RELATED: Resilience Council to make communities […]

The state of Alabama is home to a number of lakes, both large and small, with varying amounts of waterfront front properties. From Smith Lake to Lake Cyrus, the demand for property is increasing. Glenn Phillips, CEO and lead economic analyst of Lake Homes Realty, discussed some of the data from the lake home real estate market and trends that he has observed recently.

In celebration of National Drive Electric Week, Drive Electric Alabama has announced that it will be hosting four statewide showcases beginning September 22. During the events, which are free of charge and open to the public, EV's will be on display and owners will be on hand to answer questions regarding the cars.

In big news for the hotel industry, a new partnership has been formed between the Poarch Band of Creek Indians(PBCI) and DreamCatcher Development. The two companies have combined in an effort to expand the DreamCatcher Hotels Brand.

Mobile based Austal USA has been awarded yet another multi mullion dollar grant from the U.S. military. The new contract grants the company $91,535,551. The increase in funding will combine with a contract that the Navy previously awarded to the company in order for it to design and produce three Landing Craft Utility (LCU) 1700 class craft.

As the nation grapples with rising healthcare costs, Alabama employers and providers are on the front line.  This is felt particularly amid a rapidly evolving healthcare landscape marked by groundbreaking, yet costly, treatments. Drawing from a recent annual survey by the Business Group on Health, Axios reported employers are seeking strategies to curb rising costs […]

A surge in scams by impostors pretending to be representatives of the Better Business Bureau (BBB) has caused the organization's central and south Alabama branch to issue a warning to both businesses and consumers within the regions.

During the 2023 session, the Alabama Legislature passed a series of bills designed to strengthen Alabama’s economy, reduce the tax burden on small businesses and individuals, and encourage more Alabamians to enter the workforce. The “Game Plan,” a four-bill package that will supercharge our ability to recruit, retain, and expand those industries in Alabama, passed […]

The University of Alabama in Birmingham has announced that the school has acquired two new properties as of September 1. The transaction was completed by theUniversity of Alabama System Board of Trustees.

Senator Katie Britt announced today that a $44.5 million investment will be going to her alma mater, the University of Alabama. The new funding is being provided by the U.S. Department of Commerce's National Institute of Standards and Technology.

Financial giant Goldman Sachs has announced that it has partnered with two of college football's best kickers, Alabama's Will Reichard and Texas' Bert Auburn, to make an ad that promotes small business. The NIL (Name, Image, and Likeness) ad ad is set to air on Connected TV this weekend during the Alabama-Texas football game in Tuscaloosa.

State Senator Garlan Gudger of Cullman was recently recognized at the 2023 Alabama Governor’s Conference on Tourism as the state's main tourism government advocate. Gudger, vice chair of the state's Fiscal Responsibility and Economic Development Committee, is the youngest person in the history of Cullman to be elected to the Cullman City Council.

This Labor Day, a pressing question reverberates across the United States: “Where are the workers?” Alabama shares this concern, grappling with just shy of the lowest labor force participation rate in the country. Gov. Kay Ivey rightly emphasized the importance of labor force participation, a sentiment echoed by Lt. Gov. Will Ainsworth’s efforts to elevate […]

Job creation tied to international investment in Alabama has been rapidly outpacing the state’s general employment growth rate, according to a report that tracks the impact of foreign direct investment (FDI) across the U.S. The Global Business Alliance analysis says employment in Alabama tied to FDI surged 12% between 2015 and 2020, compared to overall employment growth […]