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Buffett Says Berkshire Has a Successor in Mind

Posted: 02/25/2012 - Billionaire Warren Buffett wants Berkshire Hathaway shareholders to know that the company has someone in mind to replace him eventually, but he's emphasizing that he has no plans to leave.

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Alabama County Agrees to pay $5.5 Million a Month

Posted: 02/16/2012 - The Alabama county that filed the largest municipal bankruptcy in U.S. history has worked out an interim agreement with a sewer bond trustee, agreeing to pay up to $5.5 million a month and that it no longer will withhold sewer system revenues for certain expenses.

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Facebook Discloses Details on Bonuses

Posted: 02/08/2012 - Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 percent of their base salaries and other earnings, according to a Wednesday regulatory filing.

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Bonus Season At a Slight Loss for Bank CEOs

Posted: 01/21/2012 - Banks are curbing bonus pay for last year, as stock prices slumped, mortgage-related costs still mounted and the Occupy Wall Street movement went national.

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CEO says ThyssenKrupp committed to Ala. Steel Mill

Posted: 01/21/2012 - The chief executive of ThyssenKrupp AG says the company remains committed to success at its new carbon steel mill in Alabama, though the future is less certain for 550 workers employed by the mill's stainless steel operations.

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Alabama Ethics Commission Probes PSC Employee

Posted: 01/07/2012 - The Alabama Ethics Commission is investigating a state employee's use of her state-paid cell phone to operate a private business during state business hours.

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China Manufacturing Index Up in December

Posted: 12/31/2011 - Federation analyst Zhang Liqun said the rebound signaled China should not expect to see a big slowdown in economic growth in 2012.

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Sears Holdings to Close 3 Alabama Stores

Posted: 12/29/2011 - Sears Holdings Corp. says three Alabama locations are included in its plan to shut down scores of Sears and Kmart stores nationwide.

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