Birmingham’s Tallest Tower Faces Economic Downturn, Enters Receivership
Birmingham’s Tallest Tower Faces Economic Downturn, Enters Receivership In a shakeup in the heart of Birmingham, the city’s tallest tower, Shipt Tower, has landed in receivership following a sharp decline in occupancy and revenue. With a long history of iconic status, the towering edifice faces a turning point as its financial deficits come to the […]
UAB acquisition of Ascension St. Vincent’s Potentially Saves 5 Alabama Hospitals
UAB acquisition of Ascension St. Vincent’s Potentially Saves 5 Alabama Hospitals BIRMINGHAM, ALA. The recent decision of the University of Alabama at Birmingham (UAB) to purchase Ascension St. Vincent’s has stirred renewed optimism among state health leaders. The purchase could potentially safeguard the future of five hospitals in Alabama that were at risk of closure. […]
Second Birmingham Water Works Board Member Seeks to Join Lawsuit Claiming Back Pay
Second Birmingham Water Works Board Member Seeks to Join Lawsuit Claiming Back Pay The Continued Controversy Amid the swirling waters of dispute, the Birmingham Water Works Board (BWWB) is facing more trouble as a second Board member seeks to join a lawsuit against the Board’s Chairperson. This lawsuit deals with halted allowances for some Board […]
Exciting Business Developments in Birmingham
New Business Openings and Closures in Birmingham In a fresh wave of entrepreneurial spirit and economic growth, the city of Birmingham sees six new businesses setting up shop here and one unfortunately closing its doors for now. In an effort to enrich the local scene, whether it’s through savory Indian cuisine, health-focused treats, or upscale […]
Tenet Healthcare Corp. Tops Among Stocks With Birmingham Ties
Tenet Healthcare Corp. Tops Among Stocks With Birmingham Ties Birmingham’s Market Trend On June 13, 2024, the stock market saw a promising rise as U.S. stocks gained momentum following an unexpected positive update on inflation and an affirmation that the Federal Reserve is still hopeful of a cut in the interest rates sometime this year. […]
Alabama Peanut Co. Adds a New Twist to Southern Hospitality
Alabama Peanut Co. Adds a New Twist to ‘Good Old Southern Hospitality’ A wave of excitement has filled Birmingham as the Alabama Peanut Co. adds beer, wine, and a sought-after happy hour special to their drink card. Known for its signature world-renowned roasted and boiled peanuts, the company is now offering patrons a whole new […]
Birmingham’s Business District Continues to Expand: Everything You Need to Know
Birmingham’s Business District Continues to Expand: Everything You Need to Know In a recent development, REV Birmingham announced significant changes to the expansion plans of downtown’s Business District Improvement District (BID) in Five Points South and the Switch district. The updates promise exciting opportunities that could reshape Birmingham’s landscape. A BID for Bham In 2023, […]
Tourism in Greater Birmingham Region Hits Record Numbers, Amassing $2.52 Billion and Supporting 51,550 Jobs
Tourism in Greater Birmingham Region Hits Record Numbers, Amassing $2.52 Billion and Supporting 51,550 Jobs In an unprecedented surge, the Greater Birmingham area witnessed a record yield in its tourism industry last year. A staggering economic impact of $2.52 billion was generated, with over 51,550 jobs stemming from the sector and contributing approximately $296 million […]
From Mule-Drawn Wagon to $330 Million Headquarters: The Coca-Cola Journey in Birmingham
From Mule-Drawn Wagon to $330 Million Headquarters: The Coca-Cola Journey in Birmingham Spanning over a century, the history of Coca-Cola in Birmingham, Alabama began in 1902 with a mule-drawn wagon and a pioneer named Crawford T. Johnson Sr. Today, it stands as a testimony to progress and determination, with plans for a new $330 million […]
Birmingham Water Works a Sinkhole for Public Money
Birmingham Water Works a Sinkhole for Public Money An ongoing series of financial missteps has the Birmingham Water Works under sharp scrutiny, as accusations of serious financial mismanagement prompt questions about the organization’s competence. Self-Serving Decisions, Wasted Money Controversial spending habits of the Birmingham Water Works are putting the public faith to a severe test, […]
