A job fair featuring more than 100 employers drew an estimated 5,000 people seeking work in Birmingham.
People began lining up three hours before the event began Wednesday at the city's convention center. The job fair was put together by the office of Rep. Terri Sewell, whose district includes part of metro Birmingham and much of the state's impoverished Black Belt region.
A drop in natural gas prices is hurting balance sheets across the petroleum industry. The second-largest natural gas producer in the United States — Oklahoma City-based Chesapeake Energy — has been hit especially hard.
After 23 consecutive years of touting its increasing natural gas production, Chesapeake CEO Aubrey McClendon told investors during a conference call Tuesday that the company projects its gas output will drop about 7 percent in 2013.
Originally published on Mon August 6, 2012 2:36 pm
The following exchange has played out over and over in the last ten days:
Point: "NBC's coverage of the Olympics stinks, because everything is tape-delayed and cut to shreds, and also the announcers are awful and they only care about American athletes, and by the time I get to watch anything, I already know what happened."
Counterpoint: "People are watching in huge numbers."
NPR's business news starts with an airline refund.
Refunds are starting to arrive in the bank accounts of Southwest Airlines' customers who were billed multiple times for promotional fares booked on Friday. Some customers paid for their discounted air travel as many as 20 times, according to the Associated Press. The company blamed the problem on a computer glitch.
Originally published on Fri August 3, 2012 4:50 pm
Two days after Chick-fil-A set a one-day sales record thanks to a show of support for company President Dan Cathy and his outspoken stand against same-sex marriage, it's "National Same-Sex Kiss Day" for gay rights activists.
Alabama education officials say they will ask the U.S. Department of Education to give Alabama a waiver from the goal of the No Child Left Behind law to have all students performing at the proficient level in math and reading by 2014.
Deputy State Superintendent Sherrill Parris says the state plans to submit the request by early September and expects to get an answer by December. She's optimistic Alabama will get a waiver because 33 states already did.
A state official says the Alabama Education Trust Fund should collect enough state income taxes and other levies to meet its spending target for this fiscal year and avoid across-the-board cuts.
Assistant state Finance Director Bill Newton made the comments Wednesday.
Newton also predicted the state general fund, a major source of state money for Medicaid, prisons and other non-education areas of government, should collect enough revenues to meet its trimmed spending target for the year without further cuts.
It adds that the "4-week moving average," which is supposed to give a slightly broader look at the trend in claims, "was 365,500, a decrease of 2,750 from the previous week's revised average of 368,250."
Maureen O'Brien told her daughter Emily Macri: dream big.
She could pick any college she wanted and they would figure out a way to pay for it.
Macri chose the University of Vermont, which costs more than $49,000 in tuition and fees per year for out-of-state residents.
O'Brien and her daughter co-signed a private student loan from Sallie Mae for $24,000 and a $30,000 Parent PLUS loan, a federal loan program for parents. And that was just for Macri's first two years of college.
That rather ominous sounding pronouncement comes from Joseph Saluzzi, co-head of equity trading at Themis Trading LLC in Chatham, N.J., in a Bloomberg News report about what happened early this morning on Wall Street.