Alabama

Investors won't get nearly all their money back as the Securities and Exchange Commission's case against Dwayne Edwards and Todd Barker draws towards a close and SEC lawyers want the losses taken into account in settlements.

The Birmingham-Jefferson County Convention Complex received a blended interest rate of 3.91% on the series of bonds it sold on Tuesday to fund the construction of the downtown stadium and renovation of Legacy Arena.

Tax accountants, financial advisors, private schools, and other organizations are advertising tax credits for donating to private K-12 voucher funds as ways to "sidestep," "bypass," "circumvent," or "mitigate" the impact of the federal SALT deduction cap, according to a survey.

The $139 million refunding saved Alabama’s most populous county $12.35 million in debt-service costs.

The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.

Material improvements in spending flexibility led Fitch to give Alabama’s most populous county a two-notch upgrade.

Fitch Ratings said on Thursday that it upgraded Jefferson County, Ala.’s issuer default rating.

Municipal bonds are financing a new Alabama zoo that will move hundreds of animals out of a hurricane danger zone.

The report illustrates how federal, state and local laws must be changed if the Supreme Court rules in favor of South Dakota and against Wayfair Inc. in an online sales tax case.

The bonds were used to finance the acquisition and renovation of an assisted living facility in Alabama by Dwayne Edwards, who the SEC charged with fraud last year.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

The Huntsville city council on Wednesday approved selling municipal bonds to finance $69 million in projects and infrastructure associated with the Toyota-Mazda plants to be built in Limestone County.

Legal experts and county officials believe the online retail giant wasn’t swayed by the Alabama county’s Chapter 9 case or its ongoing appeal.

As a client development officer, Will Estess will sell trust services to municipalities and corporations in the Southeast.

Embezzlement charges at the Alabama agency will not impact bond payments, general manager says.

Chairwoman Sherry Lewis and two people who work for agency contractors were arrested on embezzlement charges.

The high court case could have undermined the sales tax refunding warrants that priced in July.

The Southeast must reassess risk after Hurricane Irma, according to a disaster recovery expert who forsees long-term impacts on state and federal policy.

An Alabama group wants the justices to rule on a state law backing the county’s recent refunding deal.

Alabama hopes to get a new bridge on I-10 across the Mobile River in place by 2023.