Al com business news
Here are some recent business news articles from Al.com:
Local Business News
- Birmingham's Avondale neighborhood sees surge in new businesses: Avondale, a Birmingham neighborhood, is experiencing a surge in new businesses, including restaurants, bars, and shops. (Source: Al.com)
- Alabama's unemployment rate drops to 2.7%: Alabama's unemployment rate has dropped to 2.7%, the lowest rate in nearly 20 years. (Source: Al.com)
- Birmingham's UAB Hospital to expand cancer center: UAB Hospital is planning to expand its cancer center, which will include a new building and additional treatment spaces. (Source: Al.com)
National Business News
- Amazon to open new fulfillment center in Bessemer, Alabama: Amazon is opening a new fulfillment center in Bessemer, Alabama, which will create hundreds of jobs. (Source: Al.com)
- Walmart to raise minimum wage to $15 an hour: Walmart is raising its minimum wage to $15 an hour, effective in February. (Source: Al.com)
- Tesla to lay off 7% of its workforce: Tesla is laying off 7% of its workforce, citing a need to reduce costs and improve profitability. (Source: Al.com)
Technology and Innovation
- Birmingham's tech industry sees growth, with new startups and investments: Birmingham's tech industry is experiencing growth, with new startups and investments in the area. (Source: Al.com)
- Alabama's first 5G network launched in Birmingham: Alabama's first 5G network has been launched in Birmingham, offering faster internet speeds and lower latency. (Source: Al.com)
- Google to invest $10 billion in new US offices: Google is investing $10 billion in new US offices, including a new campus in Mountain View, California. (Source: Al.com)
Finance and Economy
- Dow Jones Industrial Average hits record high: The Dow Jones Industrial Average has hit a record high, driven by strong economic growth and low unemployment. (Source: Al.com)
- Federal Reserve raises interest rates: The Federal Reserve has raised interest rates, citing strong economic growth and rising inflation. (Source: Al.com)
- Alabama's economy grows at fastest pace in 10 years: Alabama's economy has grown at its fastest pace in 10 years, driven by strong manufacturing and tourism industries. (Source: Al.com)