HealthSouth CEO Advises on Tough Economy

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There’s been a lot of bad economic news lately, with turmoil in the banking and housing sectors and wild fluctuations on Wall Street. Like many local business people HealthSouth President and CEO Jay Grinney has been watching the markets closely, with an eye to his company’s future and his own compensation. HealthSouth managed to rebuild after a multi-billion dollar accounting fraud scandal nearly sunk the company. Grinney tells WBHM’s Tanya Ott that this “near death experience” holds lessons for other businesses in the current economy.

Grinney speaks tonight at a Chamber of Commerce event called “Night of the Living Dead”.

 

 

 

Alabama to begin working with a consulting company that’s under criminal investigation 

McKinsey & Company, an international consulting business, will help the state of Alabama develop a new strategic economic growth plan. The company is undertaking that project, while also dealing with a probe into whether it engaged in a criminal conspiracy.

‘Stupidity of politics’: Medicaid expansion effort dies in Mississippi

Mississippi lawmakers couldn’t come together to pass a bill that could have expanded Medicaid for thousands of residents.

This spiky-stemmed invasive grass is taking over Alabama

Classified as one of the worst weeds in the world, cogongrass aggressively crowds out native species and costs Alabama landowners tens of millions of dollars in lost revenue.

Gambling bill in doubt with three days left in the legislative session

Alabama lawmakers are coming down to the finish line for this year’s legislative session. Many bills await passage, but perhaps the biggest one up in the air is a lottery and gambling bill.

Pro-Palestinian demonstration draws counter-protest at University of Alabama

Students gathered demanding the school call for a permanent and immediate ceasefire and to push the school to sever ties with defense contractor Lockheed Martin.

A new Statehouse and related projects will cost about $400 million

The Alabama Legislative Council, a 20-member panel comprised of legislative leaders and their appointees, approved the construction of the new Statehouse last year. The panel was given an update on the project on Wednesday.

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