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Bitcoin, Ethereum prices plummet; Celsius Network halts withdrawals, transfers

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Today's top business stories from across Alabama

June 13, 2022

Alabama Business Today

Bitcoin, Ethereum prices plummet; Celsius Network halts withdrawals, transfers

These meltdowns have erased tens of billions of dollars of investors’ assets and spurred urgent calls to regulate the freewheeling industry.

By The Associated Press

Alabama Amazon union organizers get standing ovation at AFL-CIO convention

The 29th AFL-CIO Constitutional Convention is being held in Philadelphia.

By William Thornton | wthornton@al.com

Alexander City textile plant to close, cutting 113 jobs

The closure marks the end of an era, as Parkdale Mills purchased the old Avondale Mills operation when it closed after more than a century.

By William Thornton | wthornton@al.com

As stocks tumble will Wall Street become a bear market? What you need to know

The most recent bear market for the S&P 500 ran from February 19, 2020 through March 23, 2020. The index fell 34% in that one-month period.

By The Associated Press

Russian McDonald’s reopen with new logo, name

The logo is different, but still evokes the golden arches: a circle and two yellow oblongs — representing a beef patty and french fries — configured into a stylized M.

By The Associated Press

Investors keep on buying

Check out Kathy Jumper's column

By Kathy Jumper, Press-Register

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