Alabama will pay additional $300 in unemployment benefits
The state this week will begin paying an additional $300 per week in unemployment benefits, if the unemployment is COVID-19 related. The additional benefits, for those who qualify, will also be paid retroactively to Aug. 1. — Alabama Political Reporter
Unemployment claims see decline
Unemployment claims in Alabama dropped almost 10 percent from two weeks ago, according to data from the Department of Labor. More than 55% of those claims were attributed to COVID-19. — AL.com
Austal USA delivers USNS Newport to U.S. Navy
The U.S. Navy accepted delivery of the USNS Newport this week, the 12th Spearhead-class expeditionary fast transport ship from Austal USA’s Mobile shipyard. The ship will be part of Military Sealift Command, which provides transport and sealift to all U.S. military branches. — Stars and Stripes
Pinnacle Research Group helps test COVID-19 antibody therapy
Anniston’s Pinnacle Research Group is working with San Francisco-based Vir Biotechnology to find participants for a clinical trial of a potential COVID-19 antibody therapy. The firm is looking for people in the early stages of infection to participate in the trial. — Anniston Star
Alabama ONE Credit Union proposes purchase of First Bank of Linden
Tuscaloosa-based Alabama ONE Credit Union has signed a purchase and assumption agreement to buy First Bank of Linden, the credit union said Thursday. The purchase, expected to be finalized in 2021, is Alabama ONE’s first bank acquisition. — Credit Union Times
Alabama Power buys Billingsley generating station
Alabama Power has bought the Central Alabama Generating Station in Billingsley from Tenaska Alabama II Partners L.P. Billingsley is in Autauga County. — The Clanton Advertiser
