Decision reached in Bellefonte nuclear plant suit
A federal judge ruled this week that Tennessee Valley Authority does not have to sell its Bellefonte nuclear plant to the private company, Nuclear Development, but required TVA to pay the company $22.9 million plus interest. — Memphis Commercial Appeal
Eviction moratorium overturned
A group of Alabama and Georgia landlords and real estate trade associations were successful in challenging a moratorium on evictions, put in place by the Biden administration to aid people whose ability to pay rent has been damaged by the pandemic. The U.S. Supreme Court ruled in favor of the real estate interests yesterday. — Crains Detroit
CNN Analysis spotlights Mobile-built Littoral Combat Ships
Headline piece on CNN examines the role of the Navy’s Littoral Combat Ships, including the USS Gabrielle Giffords, built by Austal USA in Mobile. — CNN
Vulcan completes U.S. Concrete acquisition
Birmingham-based aggregates supplier Vulcan Materials Inc. has completed its acquisition of Texas-based U.S. Concrete, which it announced in June. The purchase was described as having a total equity value of $1.294 billion. — Vulcan Materials
Regions moves into Kansas City market
Birmingham-based Regions Bank has opened a mortgage office in Kansas City, its first operation in the area. Region’s branch banking network covers 15 states in the South, Midwest and Texas. — Regions
