Cindy Crawford: Magic City Marketplace
Alabama is considered one of the least competitive health insurance markets in the country. And while a number of provisions from the Affordable Care Act kick in next year, most observers don’t feel that’ll make much difference. We hear why in this week’s Magic City Marketplace.
Birmingham is big business and small. But whatever the size of the operation, the marketplace is connected by people who have to grapple with numbers and projections and spin. We try and slice through the psychobabble that can be business news with a weekly discussion of who's up and who's down, why the market reacts a certain way or what a business closing or opening means to you.
Why is Commercial Real Estate such a Hot Commodity in Birmingham? 07-25-2016
Birmingham is attracting a lot of commercial investment. Since 2011, out-of-state investors have spent more than $3.8 billion on commercial property in Jefferson and Shelby Counties. This trend is said to have peaked in 2014, but experts say investor money is still flowing into the city. In this week’s Magic City Marketplace, Ty West, editor […]
Strong Headwinds Against Wind Energy in Alabama 07-11-2016
Drive through the Midwest or Great Plains and you may see expansive wind farms rising from the fields. That sight is not something you see in Alabama. Still there are those who see a place for wind energy in this state and we talk about it in this week’s Magic City Marketplace.
Cahaba Grand Sale Leaves Void for Large Events 07-4-2016
Alabama’s largest church, the Church of the Highlands, purchased the Cahaba Grand Conference Center for $8 million earlier this year. As that facility along Highway 280 transitions from conference venue to house of worship, it’s causing ripples through the Birmingham area event space market. We talk about it in this week’s Magic City Marketplace.
A Birmingham Business Mystery may be Revealed, Soon 06-27-2016
A “good news” Birmingham business mystery may soon be revealed. The firearms business is booming. Changes in the industrial economy are impacting Alabama’s waterways and roadways.
Ty West is Editor of the Birmingham Business Journal. He joins WBHM’s Scott Hanley to consider some of these latest stories in the Magic City Marketplace.
The Potential for a New Round of Bank Mergers 06-20-2016
Birmingham’s banking industry is not what it used to be. After major acquisitions in the 2000s and the Great Recession, Birmingham is left with two big banks: Regions and BBVA Compass, which was snapped up by a Spanish financial giant. While all that activity has died down, there’s chatter we could see a pick up in mergers and acquisitions among banks. We start there in this week’s Magic City Marketplace.