Alabama Economic News

Huntsville Ranked 30th Best Place In America To Find A Job

Brent Wilson | January 6, 2020

Huntsville, AL is ranked the 30th best place in America to find a job according to online website WalletHub. In order to determine the best job markets in the U.S., WalletHub compared 182 cities — including the 150 most populated U.S. cities, plus at least...

New Veterans Home To Be Built In Enterprise

Brent Wilson | January 3, 2020

Today, the Alabama State Board of Veterans Affairs (SBVA) selected a site in Enterprise as the location for a new state veterans home. In early 2018, the Alabama Department of Veterans Affairs (ADVA) hired Public Consulting Group, Inc. (PCG) to conduct a feasibility study for...

Madison Wholesalers Inc. Pleads Guilty to Evading Tobacco Taxes

Dakota Layton | January 3, 2020

According to the Alabama Department of Revenue, Madison Wholesalers Inc. plead guilty to evading tobacco taxes from 2013-2016 through the use of fake invoices to hide what was being purchased from the company in Pennsylvania. Tobacco taxes are levied against the person or entity that...

Some Low-Income Alabamians Will Have Medical Debts Forgiven

Dakota Layton | December 30, 2019

Thanks to a partnership between a non-profit organization known as F.A.I.T.H founded by Patricia Gant and a national group known as RIP Medical Debt, some low-income Alabamians will have their medical debts forgiven. 21 percent of Alabamians have medical debt in collection, according to the...

Top 5 Ranking: Alabama 5th Most Federally Dependent State

Dakota Layton | December 18, 2019

Source: WalletHub Despite its dominantly conservative constituency and political representation, according to a new study released this week by WalletHub, Alabama is one of the most federally dependent states in the United States. The study ranked the five most federally dependent states in the following...

Huntsville Based Dynetics Purchased For $1.65 Billion

Brent Wilson | December 17, 2019

Leidos Holdings, Inc. (NYSE: LDOS) has entered into a definitive agreement to acquire privately-owned Dynetics, Inc., which is an industry-leading applied research and national security solutions company based in Huntsville, AL. The purchase price is $1.65 billion in cash. The Board of Directors of both companies unanimously approved...

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