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 […]
Regions Financial Faces Scrutiny Over Political Activism
News Summary Regions Financial is under increased scrutiny from stakeholders over its political activism and corporate governance practices. Critics argue that the company’s recent donations, including $14.6 million to BLM initiatives, conflict with the traditional values of Alabamians. The 1792 Exchange rates Regions as a ‘Medium Risk’ company, reflecting growing concerns about its alignment with […]
Business Associations Endorse Tommy Tuberville for Governor
News Summary Three significant Alabama business organizations have endorsed Tommy Tuberville for governor as he prepares for the 2026 gubernatorial race. The Business Council of Alabama, the Alabama Forestry Association, and the Alabama Concrete Industries Association stand behind Tuberville, recognizing his commitment to economic growth and understanding of local business challenges. His campaign emphasizes collaboration […]
Senator Tuberville Receives Endorsement from ProgressPAC
News Summary U.S. Senator Tommy Tuberville has secured the endorsement of ProgressPAC for his gubernatorial campaign in Alabama. The backing follows a board vote from influential business leaders, praising Tuberville’s focus on workforce development, education, and infrastructure. Tuberville aims to challenge high taxes and overregulation that hinder small businesses. With support from various Republican figures […]
Alabama Lawmakers Outlaw Most Hemp-Derived Wellness Products
News Summary Alabama’s House Bill 445 has passed, effectively banning most hemp-derived wellness products, impacting hundreds of businesses in the hemp industry. Critics argue the legislation prioritizes large industries at the expense of small hemp businesses, potentially criminalizing the sale and possession of these products. Store closures are anticipated as the bill makes its way […]
Alabama A&M University Audit Reveals Financial Irregularities
News Summary A recent audit of Alabama A&M University has highlighted significant compliance issues related to unclaimed funds and procurement practices. The report uncovered over $110,000 in unclaimed payroll checks and potential violations in the agricultural research operations. Additionally, the Athletic Department was criticized for poor ticket sales accountability. The findings underscore a lack of […]
Alabama Enacts HB445: Major Changes to Hemp Regulations
News Summary Alabama has passed House Bill 445 (HB445), banning the sale and possession of smokable hemp products starting July 1, 2025. The new law also restricts THC products, limiting sales to individuals over 21 years old and capping doses for consumables. Local business owners fear economic impacts, as well as challenges for customers who […]
Dr. Peter J. Mohler Appointed as University of Alabama President
News Summary Dr. Peter J. Mohler has been named the new president of the University of Alabama, with plans to enhance the institution’s academic and athletic reputation. Mohler, who previously held leadership roles at Ohio State University, brings over 20 years of experience in higher education. His vision emphasizes collaboration and community engagement, aiming to […]
University of Alabama Appoints New President
News Summary Dr. Peter J. Mohler is set to become the new president of the University of Alabama, starting July 21, 2025. With over 20 years of experience in higher education, Mohler aims to enhance UA’s standing as a premier public flagship university. His appointment follows a unanimous approval from the UA System Board of […]
Alabama to Lead International Trade Discussions at SEUS-CP Forum
News Summary The Alabama Department of Commerce is leading a delegation to the SEUS-CP Business Forum in Newfoundland, focusing on expanding trade and investment opportunities. Key sectors include food and beverage, advanced manufacturing, and energy, promoting connections between Alabama businesses and Canadian markets. The forum aims to strengthen economic ties and cultural relations, particularly benefiting […]