Birmingham Business News - Local Birmingham News | Birmingham Business Journal
Prominent site near TJ Tower, Innovation Depot sold
Fri, 17 Aug 2018 19:20:03 +0000
The owners of the Thomas Jefferson Tower have purchased a prominent lot.
Employment in Alabama and metro Bham increases in July
Fri, 17 Aug 2018 18:58:05 +0000
Alabama has broken its employment record for the third month in a row. The state’s preliminary July unemployment rate was 4.1 percent, unchanged from June’s rate and equal to the year-ago rate. The state's July rate was slightly above the national rate, which was 3.9 percent. In July, 2,105,513 people in the state were reported as employed. That’s up from June as well as July a year ago, with 2,098,121 and 2,077,406 people recorded as employed, respectively. In July, 90,987 people in the…
Legal roundup: Birmingham attorneys recognized in The Best Lawyers in America
Fri, 17 Aug 2018 18:23:22 +0000
Editor’s Note: Legal Roundup is the BBJ’s weekly look at news and notes from the local legal scene. Send items to • Multiple firms have been recognized in the 2019 edition of The Best Lawyers in America. Best Lawyers is the oldest peer-review publication in the legal profession, and each year, they recognize individual attorneys in designated metropolitan areas for excellence in specific practice areas. The publication also honors a single lawyer in each practice specialty…
FastTrack 30 Survey 2018
Fri, 17 Aug 2018 17:21:56 +0000
Congratulations on being named one of Birmingham's Fastest Growing Companies for 2018. Below is the survey we will use to compile the editorial content for our FastTrack 30 special section, which will appear in the Aug. 31 edition of the BBJ. We ask that your top executive answer the questions below by Monday, Aug. 27. All surveys must be submitted using the form below. Emailed responses will not work with our page layout software. It is a good idea to type your survey in Word and paste in…
Expert: Low inventory market, not 'hot market,' plaguing Bham residential
Fri, 17 Aug 2018 16:50:49 +0000
There isn't enough supply to meet the demand when it comes to buying a home in the Birmingham area. But residential experts say there's more to the story.
Zöes Kitchen to be acquired by Mediterranean restaurant group
Fri, 17 Aug 2018 16:38:22 +0000
The ownership of a Birmingham-founded success story is changing hands. Zoës Kitchen Inc. (NYSE:ZOES) is in the process of being acquired by CAVA Group Inc. in a deal worth about $300 million and a 33 percent premium on Zoe's closing price Aug. 16, according to our sister publication. The deal is expected to close in the final quarter of 2018. Fast-casual restaurant group Zöes Kitchen has 261 domestic restaurant locations and CAVA owns 66 restaurant locations. Zoës was founded in Birmingham…
Hoover residents donate $1.5 million to Troy University
Fri, 17 Aug 2018 16:30:24 +0000
A Hoover couple has made a substantial financial investment in Troy University. Troy University's New Hall, which opened in 2015, is slated to be renamed in honor of a $1.5 million donation from alumni Sue and Lewis Rushing. The school's board of trustees authorized the name change in May, and Sept. 1, the building will be dedicated in their names at the first football game of the season. The state-of-the-art 118,754-square-foot residence hall has 280 single-bed suites, 68 double occupancy suites…
Woodlawn Foundation to purchase 20 properties from Land Bank
Fri, 17 Aug 2018 16:28:57 +0000
The abandoned houses will be transformed into mixed-income housing for the Birmingham neighborhood that the nonprofit is revitalizing.
A creative attraction for Birmingham
Fri, 17 Aug 2018 16:00:00 +0000
I’ve always had a crush on Portland, and if I’m being honest, I’ve had feelings for Austin for a long time, too. Not because these cities have good restaurants, art museums or even thriving economies, but the reason I’ve always admired cities like these is that creative enterprise is at the forefront of their identity. It’s self-evident when you walk the streets, due to the high standards of graphic design in local brands and the creative class of people that litter its sidewalks, cafes…
A forensic expert discusses detecting deception in the workplace
Fri, 17 Aug 2018 15:00:00 +0000
Bernie Madoff infamously stole $65 billion in a Ponzi scheme. How was he able to look hundreds of people in the eye without arousing suspicion, all the while knowing he was robbing them blind? This man stuffed his pockets and walked away whistling, without ever seeming to feel the first twinge of guilt. Most of us will never run up against the deceptive likes of Madoff – but how would you know if you did? Have you noticed an employee give you that ever so slight shoulder shrug while she talked…