Top Headlines: Meredith move to cost Birmingham jobs, VW to end Beetle production

Jody Singer becomes first woman to lead NASA’s Marshall Flight Center
NASA’s Marshall Space Flight Center, whose first director was Dr. Wernher von Braun, on Thursday celebrated its first woman leader as NASA named Joan “Jody” Singer director. “Jody’s deep management experience over three decades at the project, program and center levels will be a huge asset to Marshall’s critical work supporting NASA’s goals of returning to the moon to stay,” NASA Administrator Jim Bridenstine said in making the appointment. – AL.com

Meredith magazine move to cost 25 jobs in Birmingham
Magazine and broadcasting company Meredith is laying off 200 more people as it continues to cut costs after buying Time Inc. earlier this year. Meredith spokesman Art Slusark said Thursday that most of the job cuts are in the New York area, but 25 will be eliminated in Birmingham, and another 15 will be cut at the company’s headquarters in Des Moines, Iowa. Since the Time acquisition, Meredith has eliminate about 1,800 jobs and 800 other employees have left the company. – AP

House bill would give Gulf states bigger chunk of offshore revenue
Louisiana, Texas, Alabama and Mississippi would all get a significantly larger share of Federal offshore energy revenue from the Gulf of Mexico under a bill proposed by U.S. Rep. Garret Graves, R-Baton Rouge, that was approved by the U.S. House Committee on Natural Resources on Thursday. The legislation amends the Gulf of Mexico Energy Security Act of 2006 to increase to 50 percent the share of revenue paid by oil, gas and other energy companies that would go to Gulf states. Graves’ amendment must be approved by the full House and Senate. – Nola.com

- Sponsor -

Silver Airways starts nonstop service between Huntsville, Orlando
Silver Airways on Thursday started daily nonstop service between Huntsville International Airport and Orlando International Airport. To celebrate the new nonstop Huntsville – Orlando service, for a limited time Silver is offering fares from only $99 available at silverairways.com. – News release

Birmingham CPAs donate to UAB’s Collat School of Business
CPA professionals, members of the Birmingham Chapter of the Alabama Society of CPAs, donated $11,000 to the University of Alabama at Birmingham for the Collat School of Business. “Many of us attended UAB for our undergraduate or graduate studies and we want to support their excellent accounting program. We’re excited to see the Collat School continue to grow since maintaining a pipeline of skilled CPAs is critical to Birmingham’s business success,” said Chapter Advisory Council member Patrick Barker. – News release

Alabama’s education chief wants an extra $158 million
Though the 2019 fiscal year doesn’t start till Oct. 1, Alabama State Superintendent Eric Mackey proposed a budget for 2020 that would increase spending on K-12 education by more than $158 million. The bulk of that increase is for school nurses, lowering class sizes in fourth through sixth grades, and funding school security and the cost to operate schools. – AL.com

VW to end production of its iconic Beetle nameplate next year
Volkswagen will end production of its retro Beetle next year, 70 years after the original first came to the United States. Sales of the third-generation car have been on the decline, with just over 15,000 finding homes last year. The automaker plans to revamp the Puebla, Mexico, factory where it is built to accommodate production of its latest lineup of cars and SUVs. – Fox News

The latest Alabama business news delivered to your inbox