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Alabama hospital that defaulted on $60 million bond names restructuring officer
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September 6, 2024
Alabama Business Today
News
Alabama hospital that defaulted on $60 million bond names restructuring officer
UMB Bank believes there is about $60 million of bond debt — secured by revenue and mortgage pledges — affected by the hospital's default.
By William Thornton | wthornton@al.com
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News
Macy’s closings 2024: Even more stores will close than originally planned
Macy's is stepping up its number of projected closures for this year.
By Shauna Stuart | sstuart@al.com
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News
Goldman Sachs commits $3 million to boost Alabama’s small, rural businesses
An announcement is planned today at Birmingham’s Innovation Depot, with Sen. Katie Britt and Rep. Terri Sewell attending.
By William Thornton | wthornton@al.com
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Business
Rite Aid has come out of bankruptcy after closing 131 stores this year
The drug store chain is now a privately held company.
By Shauna Stuart | sstuart@al.com
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News
August jobs report: US unemployment rate dipping, but work is harder to find
Friday’s report makes it likely that the central bank will announce a quarter-point rate cut when it next meets Sept. 17-18.
By The Associated Press
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Birmingham Real Time News
Birmingham creative figure tapped to lead Alabama Film Office
Meghann Bridgeman will begin her new duties in January.
By William Thornton | wthornton@al.com
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