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Harbert Outperforming Falcone With 11% Return Suffers Asset Drop
Raymond Harbert, chief executive officer of Birmingham, Alabama-based Harbert Corporation, had a radical proposal for his father. It was 1992, and the company that had made his dad, John M. Harbert III, a billionaire was eking out small profits and was $300 million in debt. Raymond proposed selling the core construction business, which dated back to the company’s 1946 founding. The elder Harbert ...

Alabama sisters sent to prison for roles in stolen identity refund fraud
Loretta Fergerson and her sister, Tracey Fergerson, both of Montgomery, Ala., were each sentenced to 115 months prison for their involvement in a conspiracy to file claims for false income tax refunds using stolen identities, the Justice Department and Internal Revenue Service (IRS) announced today. U.S. District Judge Mark Fuller ordered the Fergerson sisters to pay $504,305 in restitution to ...

City of Opelika, Alabama to offer residents superfast broadband services and help them save energy thanks to Alcatel ...
OPELIKA, Ala. and PARIS, April 24, 2012 /PRNewswire/ -- The City of Opelika, Alabama will soon be providing residents with the ability to monitor and manage their own energy consumption to help save money ...

Facebook Won't Save California
The social media giant’s $104 billion IPO is part of a tech boom that benefits only the wealthiest and best educated, and it won’t do much at all for California’s flagging economy, writes Joel Kotkin.

Warren Buffett's Firms Buys 63 Newspapers, Including Five In South Carolina
Billionaire Warren Buffett's investment company is buying five South Carolina newspapers and 58 others, it was announced today.

Google gets China OK for Motorola deal
Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.

The AdweekMedia Plan of the Year
Branded entertainment Webisodes have been popping up on the Internet lately almost as frequently as those infuriating “your mailbox is full” e-mail messages.

Obama wants new banking rules put in place soon
President Barack Obama says the big trading loss at JPMorgan Chase shows the need to finally put in place banking rules he signed into law two years ago. He also is calling on Congress to stop trying to weaken the...

Forestar Group Inc. Reports First Quarter 2012 Results
Forestar Group Inc. :

Evidence mixed for Zimmerman's self-defence claim
When George Zimmerman tries to convince a judge or jury that he shot Trayvon Martin in self-defence, the evidence will show he and Martin fought in the moments leading up to the shooting. Zimmerman was left with wounds to his face and the back of his head.