Aerostar plans nearly $5 million expansion at Mobile headquarters
Mobile-based Aerostar is planning a $4.7 million expansion of its headquarters at Brookley Aeroplex. The company says the expansion will add 50 jobs to the industrial complex, more than doubling employment. – News 5
Mortgage company owes almost $10 million to settle allegations
Fairway Independent Mortgage Corp. must pay $9.9 million to settle U.S. Justice Department and Consumer Financial Protection Bureau allegations of lending discrimination in predominantly Black Birmingham neighborhoods. Fairway is based in Wisconsin but operates in the Birmingham area under the name MortgageBanc. – AL.com
Discount chain will close all Alabama stores
The discount store Dirt Cheap will close stores in nine Alabama cities by the end of the year. The Mississippi-based chain will close all of its stores in the state, including in Anniston, Atmore, Birmingham, Demopolis, Dothan, Jackson, Mobile, Thomasville and Tuscaloosa. – Bama Buzz
