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April 30, 2024

Alabama Business Today

News

Mercedes-Benz names new Alabama CEO ahead of union vote

Federico Kochlowski, the Vance plant’s current vice president will replace Michael Göbel, who has served as CEO since 2019.

By William Thornton | wthornton@al.com

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News

Nike plans to lay off 740 employees before end of June

Nike plans to lay off 740 employees at its Oregon headquarters before June 28.

By Shauna Stuart | sstuart@al.com

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Business

Hoover Chick-fil-A opening on Valleydale Road this week has ties to founder

Mark Meadows, the owner-operator, was first introduced to the brand through his wife Kim, the great-niece of Chick-fil-A founder S. Truett Cathy.

By William Thornton | wthornton@al.com

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News

‘You need to fix this,’ Ivey tells Alabama automakers ahead of union vote, commerce secretary says

“She’s been very bold in using her voice to encourage Mercedes and Hyundai to do what they need to do to be sure that this isn’t necessary," Ellen McNair said.

By William Thornton | wthornton@al.com

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From the Lede

Here is what you need to know about proposed $1 billion steel plant near Mobile

Last week, ArcelorMittal announced the federal government's support of a new electrical steel plant in Calvert. Here's what we know so far.

By Margaret Kates | mkates@al.com

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From the Lede

Mobile stock among top gainers

Gainers dominated Monday's Mobile and Alabama Stock Report, and a Mobile-based company was near the top of the list.

By Staff and wire reports

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