Category Archives: Business News

Business News and Information

Shops of Grand River bring in helicopters for HVAC units

LEEDS, AL – This Sikorsky S58 Crane helicopter was utilized by Daniel Corporation to move hundreds of tons of HVAC(“Heating, Ventilating, and Air Conditioning) units on the roof of the Shops of Grand River on July 4th. Sikorsky developed the … Continue reading

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Leeds Holiday Closings and Traffic Advisories

Monday Closings for Holiday (July 4th Observed) Alabama Power Leeds Office – Closed Bancorp Bank – Closed Chamber Office – Closed Compass Bank – Closed Covenant Bank – Closed Leeds City Hall – Closed Leeds Library – Closed Leeds Water … Continue reading

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UAB Study Confirms Military Spending Helps States Survive Poor Economy

BIRMINGHAM, AL – States in which defense spending is high are better equipped to withstand the effects of an economic downturn than others, according to a new study led by University of Alabama at Birmingham (UAB) Assistant Professor of Sociology … Continue reading

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Governor Riley Bringing Family for Weekend on Alabama’s Coast

MONTGOMERY – Governor Bob Riley, who has been encouraging people to visit Alabama’s beaches, will be spending this Father’s Day weekend with his family on the state’s coast. The Governor, First Lady Patsy Riley, two of their daughters and four … Continue reading

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Arrest Made of CEO that contributed to Colonial Bank Failure

Lee Bentley Farkas, the former chairman of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), was arrested last night in Ocala, Fla., and charged in a 16-count indictment for his alleged role in a more than $1.9 billion … Continue reading

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Grand River In Full Construction Mode In Leeds, Alabama

By David Hogan – Publisher GRAND RIVER IN FULL CONSTRUCTION MODE As you can see from the above photo the construction of the Shops at Grand River is well underway. I toured the site yesterday with Daniel Corporation Vice President … Continue reading

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SPJ Ethics Committee condemns major broadcast networks’ practice of “checkbook journalism”

INDIANAPOLIS — The Society of Professional Journalists’ Ethics Committee condemns the growing trend of “checkbook journalism” at major broadcast networks. On Thursday, during a pretrial hearing in Orlando, Fla., to determine if Casey Anthony — accused of murdering her daughter … Continue reading

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Governor Riley Promotes Support for Small Business

MONTGOMERY – Governor Bob Riley visited a small business here on Wednesday to discuss a tax incentive law that makes health insurance more affordable. The law allows the owners and many employees of small businesses with fewer than 25 workers … Continue reading

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Governor Riley Urges Legislators to Pass Bill to Protect Aviation Jobs

  AEA claims in public hearing that companies are conducting “commercial terrorism”   MONTGOMERY – Aviation businesses operating in Dothan, Mobile, Birmingham and Andalusia are threatened by a state tax law that Governor Bob Riley is working to change.The House … Continue reading

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Leeds Area Chamber Of Commerce Seeking Land, Building Owners

LEEDS (February 22, 2010) — The Leeds Area Chamber of Commerce is working to provide an economic development service to its business community by preparing a database of land parcels and buildings in the City of Leeds that are available … Continue reading

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