By Joseph Morgan joseph@southerntorch.com MONTGOMERY, Ala.— The Second Special Session of the Alabama Legislature convened earlier this week on Tuesday to take a third shot this legislative session at addressing the…
Category: The Alabama Economy
Fort Payne and Rainsville enter long-term community planning phases
By Joseph M. Morgan joseph@southerntorch.com DEKALB COUNTY, Ala. — The cities of Fort Payne and Rainsville were recently recognized by two of the premier community development programs in Alabama. In May,…
Special session of Alabama Legislature ends without General Fund Budget
By Joseph M. Morgan joseph@southerntorch.com MONTGOMERY, Ala.— Tensions continue to mount and Alabama legislators seem no closer to finding a solution to filling the $200 million shortfall in the Alabama General…
Governor Bentley Signs Open Meetings Act
MONTGOMERY — Governor Robert Bentley on Tuesday held a ceremonial bill signing for the Open Meetings Act passed during the 2015 Regular Legislative Session. This legislation amends, strengthens and clarifies the…
Regions Bank Renews $1.5 Billion Commitment to Alabama Economic Development Loan Pool
BIRMINGHAM, Alabama – It’s a source of capital that has financed nearly $3 billion in business activities since it was launched. It has helped Alabama land major new employers. It is…
Alabama Workforce Council Issues Report, Launches Website
MONTGOMERY, Alabama – A new era of collaboration between Alabama business leaders and education officials anchors a series of innovative initiatives that take aim at transforming workforce development efforts and improving…
BCA President and CEO, Parents, Teachers, Military, Support Modern Standards
Business Council of Alabama President and CEO William J. Canary today joined teachers, parents, and military families in support of the Alabama College and Career-Ready Standards. The Alabama College and Career-Ready…
Lowest Rate in Nearly Seven Years, Initial Claims at Lowest Level in 40 Years
MONTGOMERY – Governor Robert Bentley on Friday announced that Alabama’s preliminary, seasonally adjusted February unemployment rate is 5.8%, down from January’s rate of 6.0%, and well below February 2014’s rate of 7.2%. “Alabama’s February unemployment rate is very good news for our state,” Governor…