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
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
