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March 12, 2023

Alabama Business Today

Business

Silicon Valley Bank collapse explained: How it happened and what it means for you

Here’s what to know about why the bank failed, who was affected most, and what to know about how it may the wider banking system in the U.S.

By The Associated Press

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Business

Investors keep on investing big bucks

Check out Kathy Jumper's column

By Kathy Jumper

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News

Top Birmingham business leaders lobby lawmakers to support state bailout of BSC

While the college "made missteps at times" over 20 years, current BSC President Daniel Coleman "has a sound plan," the executives wrote.

By Howard Koplowitz | hkoplowitz@al.com

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Business

Alabama man gets 15 years in prison for using investment money for jewelry, travel

Prosecutors said Butler spent over $25,000 on jewelry and about $9,000 at a Ford dealership.

By William Thornton | wthornton@al.com

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Business

Hyundai supplier gets $1.3 million in penalties related to 2016 worker death

Regina Elsea was crushed to death in June 2016 at Ajin USA, a metal stamping plant that makes parts for Hyundai and Kia in Cusseta Industrial Park in Chambers County.

By William Thornton | wthornton@al.com

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From the Lede

ABIC Director of Research Jacob Lamb says Alabama is an ideal place for business

Lamb, a National Merit scholar and Economics Ph.D. candidate at Clemson University, said his main goal over the next year is to hone in on specific industries and use that data to bring increased capital investment to the state.

By Heather Gann | hgann@al.com

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