Birmingham Coal Mining Company Could Face Bankruptcy Talks This Month

Bankruptcy experts predict that Birmingham-based coal company Walter Energy may enter bankruptcy negotiations as soon as this month, after its market value plummeted a stunning 99% over the last four years, a new Bloomberg report states. Despite Walter Energy’s corporate credit rating going up, it wasn’t enough to give shareholders optimism for the company’s future, … Read moreBirmingham Coal Mining Company Could Face Bankruptcy Talks This Month

Alabama Congressmen Shut Down Obama’s Planned Trade Agreement

By voting against a bill that would have allowed for the creation of fast-track trade legislation, four Alabama congressmen recently helped block President Barack Obama’s planned trade agenda. According to a June 12 AL.com report, the Trade Adjustment Assistance bill, which would have provided vocational training, job placement and health benefits for American workers who … Read moreAlabama Congressmen Shut Down Obama’s Planned Trade Agreement

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