Tuskegee News Acquired to Combat Local News Desert
News Summary The historic Tuskegee News has been acquired by Tuskegee Media LLC, under the Macon County Economic Development Authority, to ensure access to local journalism. Following the retirement of long-time owners, the acquisition aims to preserve the newspaper’s legacy while promoting community engagement and economic growth. Plans include a digital version and social media […]
Alabama Business Hall of Fame Announces 2025 Inductees
News Summary Alabama has named six new inductees for the 2025 Alabama Business Hall of Fame. This year’s honorees include industry leaders from various sectors, with the induction ceremony scheduled for November 13 at Haven in Birmingham. The inductees, recognized for their significant contributions to Alabama’s economy, represent a diverse range of businesses and achievements. […]
Alabama Small Businesses Thrive on TikTok Amid Future Uncertainty
News Summary Small businesses in Alabama are significantly leveraging TikTok for growth, with many seeing increased sales and investments. Despite national security concerns threatening the app’s availability, approximately 75,000 businesses in the state benefit from its marketing capabilities. Recent data indicates a substantial increase in revenue for these enterprises, showcasing TikTok as a crucial tool […]
Tim Parker Inducted into Alabama Business Hall of Fame
News Summary Tim M. Parker Jr., chairman of Parker Towing Company, will be inducted into the Alabama Business Hall of Fame, recognizing his significant contributions to business and public service. The ceremony is set for November 13 in Birmingham. Alongside this honor, Parker Towing recently celebrated the christening of two towboats named after influential women. […]
Central Alabama Water Board Reduces Payments to BBRC
News Summary The Central Alabama Water Board has voted to revert its monthly payments to the Birmingham Business Resource Center (BBRC) to $20,000 due to concerns over an unexecuted contract. Board members questioned the effectiveness of BBRC’s services and whether they provided tangible benefits. This decision aligns with the board’s commitment to enhance financial accountability, […]
One Big Beautiful Bill Act Signed into Law
News Summary President Trump has signed the One Big Beautiful Bill Act (OBBBA), implementing significant changes to federal tax law that aim to bolster business stability and investment opportunities. The OBBBA makes permanent tax cuts from the 2017 Tax Cuts and Jobs Act while preventing a potential $4 trillion tax increase. Businesses will benefit from […]
Opposition Grows Against Proposed Alabama Senate Bill 132
News Summary Local business owners in Alabama are rallying against Senate Bill 132, which aims to classify Delta 8, Delta 9, and Delta 10 THC as Schedule 1 drugs, potentially threatening the legality of hemp-derived products. Critics argue this could severely impact the state’s hemp market, lead to job losses, and push consumers toward illegal […]
Alabama Achieves Milestone in International Trade
News Summary Alabama has reached a significant milestone in international trade, exporting over $26.8 billion in goods and services. While this reflects a slight decrease from last year’s totals, it represents a nearly 30% increase since 2019. The state’s exports now reach 201 countries, with notable growth to emerging markets and major partners like Canada […]
Alabama Emerges as a Hub for Entrepreneurial Growth
News Summary Alabama is increasingly recognized as a hub for small business growth, with cities like Birmingham and Tuscaloosa leading in business-to-business transactions. A recent study shows significant year-over-year increases in these cities, highlighting Alabama’s favorable economic environment. Factors such as a warm climate and lower cost of living attract entrepreneurs, alongside burgeoning initiatives from […]
Alabama Rises in CNBC’s 2025 Top States for Business Rankings
News Summary Alabama has improved its position to 19th in CNBC’s 2025 ‘Top States for Business’ rankings, showcasing significant gains in workforce metrics despite challenges in quality of life and capital access. The state achieved a total score of 1,337 points out of 2,500, reflecting its efforts in economic development. The Powering Growth Act of […]