City of Huntsville gains 400 acres overnight with development
The city of Huntsville grew by more than 400 acres on Thursday night as the city council agreed to annex land where part of the giant Hays Farm development is planned on the south end of the city. It’s the second time in eight months that land owned by the Hays family – already well within long-established city limit parameters – has been annexed into the city. – AL.com
UAB Health, Ascension St. Vincent’s explore new alliance
The University of Alabama at Birmingham Health System (UABHS) and Ascension St. Vincent’s are entering into an alliance that will increase access to high-quality, innovative medical care through multiple outlets and health programs. When approved, the new alliance will enable the two entities, which have a long history of collaboration, to further enhance patient care and address Alabama’s most challenging health threats. – News release
Alabama has 33rd healthiest economy in nation, survey says
A survey rating the health of each state’s economy places Alabama in the middle of the pack. But a deeper dive into the figures show battling contrasts within the state, as it finds itself among the nation’s leaders in some categories and at the bottom in others. The survey, by SeniorLiving.org, is based on data from the U.S. Bureau of Labor Statistics and the Bureau of Economic Analysis, covering topics such as unemployment, average wages and gross domestic product. – AL.com
Feds forever ban former Wells Fargo CEO from banking roles
The U.S. government announced Thursday that former Wells Fargo CEO John Stumpf has been banned from ever working at a bank again and will pay $17.5 million for scandals in which millions of fake accounts were set up to meet sales quotas. The notice from the Office of the Comptroller of the Currency said the regulator plans to target other individuals, including former executives, for their role in the scandals. – CNBC
Airbus remains committed to Mobile project amid Bombardier woes
Canadian-based Bombardier Inc.’s collaboration with Airbus will lead to the opening of a $300 million airplane assembly plant later this year at Airbus’ sprawling 116-acre complex at Mobile’s Brookley Aeroplex. But will Bombardier’s recent financial troubles – laid out in multiple national business publications in the past week — disrupt a project incentivized by large tax breaks in Mobile? Airbus officials, and industry analysts, don’t believe so. – AL.comÂ
Here’s one problem seldom faced when building American factories
Seven U.S. bombs from World War Two have been found in the plot of land outside Berlin where electric car pioneer Tesla wants to build its first European factory, local authorities said on Thursday. The duds weigh about 50 kg each and explosives experts plan to defuse them in future, said a spokesman for the interior minister in the state of Brandenburg where the property is. – Reuters