Reports: PNC tried to buy failed First Republic Bank
The Wall Street Journal reports that PNC Financial Services Group, a Pittsburgh-based bank with a regional hub in Birmingham, tried to buy failed First Republic Bank in an FDIC auction. JPMorgan Chase and Co. eventually bought the bank. – AL.com
Tuesday Morning will shutter 6 remaining stores in Alabama
Tuesday Morning has begun liquidation sales nationwide and will eventually shut down its stores, including six in Alabama. The stores that will close are in Fairhope, Florence, Foley, Madison, Mobile and Spanish Fort. – Bama Buzz
Construction Partners acquires Huntsville company
Dothan-based Construction Partners, which specializes in the construction and maintenance of roadways in six southeastern states, has acquired the Huntsville operations of Tennessee-based excavation, grading and utilities contractor Southern Site Contractors. – Cision
Trenholm State, Baptist partner for new nursing program
Montgomery’s Trenholm State Community College has forged a partnership with Baptist Health for a new Licensed Practical Nursing program called Immediate Impact. Students in the program will receive instruction and clinical education. – Trenholm State University
