Top Headlines: Biopharma thrives in virus economy, Alabama farms hit hard

Biopharma thrives in virus economy
While jobs disappear in most of the virus economy, job creation surges for biopharma companies such as SiO2 in Auburn. — BioSpace

Virus economy hitting hard on Alabama farms
An Extension System survey reports the virus economy has deeply cut into agriculture revenue: down 26 percent for field crops, 25 percent for beef, 27 fish farms, 15 percent for forest products and 8 percent for poultry. — Gadsden Times

Port could gain from virus economy
APM Terminals sees its expansion at the Port of Mobile as chance to make competitive leap during the virus economy, with “more eyes on Mobile as companies seek to expand their e-commerce business with closer proximity to customers.” — American Journal of Transportation

SpaceX gets FCC ok for satellite ground stations in Alabama, 5 other states
To this end, Starlink just scored a big win from the FCC as the regulatory body has granted SpaceX Services Inc. temporary authority to operate Starlink ground stations located in six American states. They would be part of Starlink, a satellite-linked communications system. — Wccftech

Bamboo execs scout manufacturing sites
Owners of bamboo fiber startup ResourceFiber toured Demopolis recently assessing possible manufacturing sites. — West Alabama Watchman

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Woe predicted for Daphne-Fairhope-Foley housing market
Atlanta developer Charlton Claxton predicts four housing markets will fall, including the Daphne-Fairhope-Foley area in Alabama. — PressWire

Key state economic incentive is on the brink
Renewal of the Alabama Jobs Credit will take special session of the Legislature. It’s a key economic incentive that will expire at the end of the year. — WBRC

Electricity demand rising with lockdown relief: Southern Co.
Electricity demand has approached near-normal levels in the Southeast in recent weeks as several states pushed to reopen their economies, according to Southern Co. — Bloomberg

TVA’s carbon cuts outpace most national utilities
In its first corporate sustainability report, the TVA says it is on pace to reduce its greenhouse gas emissions linked with global warming by 70 percent below 2005 levels by 2030. — Chattanooga Times Free Press

Charities and churches get $50M in grants: governor’s office
Governor Kay Ivey on Thursday announced a $50 million grant program to support nonprofit and faith-based organizations who have been financially impacted by the virus economy. — Press Release

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