Alabama

Alabama News

  • BP, Transocean Are Sued by Texas Over 2010 Gulf Oil Spill

    Updated 1 hour, 38 minutes ago

    Texas sued BP Plc, Transocean Ltd. and others involved in the 2010 oil spill, calling it the “worst environmental disaster” in U.S. history and becoming the fifth Gulf of Mexico state to file claims.

  • Note to Media: The First Amendment Protects All of Us

    Updated 55 minutes ago

    President Barack Obama’s administration announced this week that it is throwing its support behind the press shield law that has been stalled in Congress since time immemorial. Critics insist that the administration, suddenly mired in scandal, is simply trying to curry favor with the news media, but the proposal deserves to be judged on its merits.

  • Moody’s Says Detroit Manager Makes Bankruptcy Option

    Updated 1 hour, 40 minutes ago

    The financial-recovery plan by Detroit’s emergency manager may harm the city’s bondholders because it indicates he is considering an effort to avoid paying in full, according to Moody’s Investors Service.

  • Morgan Stanley Sued Over Retirement Plan Deal With ING

    Morgan Stanley was sued by a Birmingham, Alabama, medical center over claims the bank received improper payments from ING Life Insurance and Annuity Co. in exchange for referral of retirement-investment business.

  • Pentagon Continues Use of China Satellite in New Lease

    The Pentagon will continue for another year the lease of a Chinese commercial satellite to provide communications for its Africa Command.

  • Squeezed Tesla Bears Buying $276 Million Hand Musk 146% Gain

    Bears blindsided by Tesla Motors Inc. have been forced to buy $276 million worth of the automaker’s shares, pushing the company toward the biggest rally in the Russell 1000 Index this year.

  • Linebacker McClain Plans to Retire From NFL After Latest Arrest

    Baltimore Ravens linebacker Rolando McClain is planning to retire from the National Football League after a three-year career marked by off-field trouble.

  • Immigration Plan Backers Thwart Most Republican Changes

    Supporters of a bipartisan Senate immigration bill prevented major changes to its visa program for high-skilled foreign workers, seeking to preserve a compromise backed by technology companies and labor groups.

  • Natural Gas Onshore Eases Hurricane Threat: Energy Market

    U.S. natural gas prices, pushed to a record high after hurricanes Katrina and Rita barreled through the Gulf of Mexico eight years ago, are now more vulnerable to winter freezes than tropical storms after production moved onshore with the growth of drilling in shale formations.

  • Explosives Next Door Unnerve Towns With Fertilizer Plants

    Updated 1 hour, 15 minutes ago

    Employees at McKee Lumber Co. in Corsicana, Texas, were discussing last month’s deadly blast at a fertilizer plant 50 miles away one recent morning when talk turned to their neighbor: El Dorado Chemical Co.

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