Business and Finance

Birmingham Businesses Not So Quick to Abandon COVID-19 Safeguards

As the statewide mask mandate is about to expire, a poll of Birmingham Business Alliance members shows companies divided over the best path forward....

Fraudulent Unemployment Claim Attempts Rise During COVID-19

The Alabama Department of Labor says fraudulent unemployment claim attempts are on the rise, and COVID-19 is to blame for the increase. “It’s definitely happening...

Otelco Purchased by Oak Hill Capital

Oak Hill Capital has completed its acquisition of Otelco Inc. for $11.75 per share or a total equity purchase price of approximately $40.6 million....

Meet Alabama’s Top Talent CPAs

With federal and state tax deadlines looming, April is one of the busiest months for certified public accountants in the country. That's why you...

Alabama Tops for Tornado Damage Dollars

Between 2010 and 2020, Alabama was hit by 196 tornadoes, causing 284 deaths and $1.9 billion in property damage — worst among the states...

Jefferson State Partners to Launch Heavy Equipment Program

A new heavy equipment program launched by Jefferson State Community College and more than 20 business and industry partners will help address the need...

Birmingham Disparity Study Needs More Business Input

A study to determine if minority- and woman-owned businesses are getting their fair share of contracts from the City of Birmingham needs more input...

DC BLOX Captures $187M in Financing

Data center operator DC BLOX announced this week that it has secured $187 million in long-term financing to refinance existing credit facilities, add liquidity...

Jay’s Cheesecakes Keeps Expanding

Jay Wilson had never baked a cheesecake in his life. As a music promoter, his life was more Black Eyed Peas and Red Hot...

Briggs & Stratton adds generator production in Auburn

Citing a rising demand for standby generators, caused in part by recent extended power outages, Briggs & Stratton has announced plans to more than...

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