Amtrak hearing begins; BIrmingham can now have more entertainment districts; United has new share buyback plan; Mayard Cooper & Gale expanding in Florida

The Surface Transportation Board has begun its hearing on whether Amtrak can begin operating again on the Gulf Coast

Amtrak hearing begins

The Surface Transportation Board has begun its hearing on whether Amtrak can begin operating again on the Gulf Coast. Some – including the Alabama State Port Authority and freight haulers CSX and Norfolk Southern Railway – say new passenger service would interfere with their traffic. – U.S. News & World Report

 

Birmingham can now have 15 entertainment districts

In advance of the World Games, the state legislature has voted to expand the number of entertainment districts a large city like Birmingham can have. That number is now 15, up from five. In a designated entertainment district, patrons can take alcohol off-premises during certain hours. – Bham Now

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United has new share buyback plan

United Bancorporation of Alabama has announced a new stock repurchase program of up to 188,298 shares, which is 5% of the current outstanding shares of its common stock. This plan replaces the program that expired in November.  – Nasdaq

 

Maynard Cooper & Gale expanding in Florida

Birmingham’s Maynard Cooper & Gale announced a series of moves to expand its Florida footprint, including merging with a Winter Park, Florida, firm. In addition, Mya Hatchette has joined the firm as a shareholder. – Maynard Cooper & Gale

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