Birmingham Companies Starting to Spend their Piles of Cash

| July 27, 2015 

 ========= Old Image Removed =========Array
(
    [_wp_attached_file] => Array
        (
            [0] => 2015/07/6355261479_3aef253fe9_b_Cash.jpg
        )

    [_wp_attachment_metadata] => Array
        (
            [0] => a:5:{s:5:"width";i:1024;s:6:"height";i:768;s:4:"file";s:40:"2015/07/6355261479_3aef253fe9_b_Cash.jpg";s:5:"sizes";a:12:{s:6:"medium";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-336x252.jpg";s:5:"width";i:336;s:6:"height";i:252;s:9:"mime-type";s:10:"image/jpeg";}s:5:"large";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-771x578.jpg";s:5:"width";i:771;s:6:"height";i:578;s:9:"mime-type";s:10:"image/jpeg";}s:9:"thumbnail";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-140x140.jpg";s:5:"width";i:140;s:6:"height";i:140;s:9:"mime-type";s:10:"image/jpeg";}s:12:"medium_large";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-768x576.jpg";s:5:"width";i:768;s:6:"height";i:576;s:9:"mime-type";s:10:"image/jpeg";}s:9:"wbhm-icon";a:4:{s:4:"file";s:38:"6355261479_3aef253fe9_b_Cash-80x80.jpg";s:5:"width";i:80;s:6:"height";i:80;s:9:"mime-type";s:10:"image/jpeg";}s:13:"wbhm-featured";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-600x338.jpg";s:5:"width";i:600;s:6:"height";i:338;s:9:"mime-type";s:10:"image/jpeg";}s:20:"wbhm-featured-square";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:18:"wbhm-featured-home";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-415x311.jpg";s:5:"width";i:415;s:6:"height";i:311;s:9:"mime-type";s:10:"image/jpeg";}s:22:"wbhm-featured-carousel";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-353x265.jpg";s:5:"width";i:353;s:6:"height";i:265;s:9:"mime-type";s:10:"image/jpeg";}s:28:"ab-block-post-grid-landscape";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-600x400.jpg";s:5:"width";i:600;s:6:"height";i:400;s:9:"mime-type";s:10:"image/jpeg";}s:25:"ab-block-post-grid-square";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:14:"post-thumbnail";a:4:{s:4:"file";s:40:"6355261479_3aef253fe9_b_Cash-125x125.jpg";s:5:"width";i:125;s:6:"height";i:125;s:9:"mime-type";s:10:"image/jpeg";}}s:10:"image_meta";a:12:{s:8:"aperture";s:1:"0";s:6:"credit";s:0:"";s:6:"camera";s:0:"";s:7:"caption";s:0:"";s:17:"created_timestamp";s:1:"0";s:9:"copyright";s:0:"";s:12:"focal_length";s:1:"0";s:3:"iso";s:1:"0";s:13:"shutter_speed";s:1:"0";s:5:"title";s:0:"";s:11:"orientation";s:1:"0";s:8:"keywords";a:0:{}}}
        )

    [_imagify_optimization_level] => Array
        (
            [0] => 1
        )

    [_imagify_data] => Array
        (
            [0] => a:2:{s:5:"stats";a:3:{s:13:"original_size";i:800705;s:14:"optimized_size";i:470678;s:7:"percent";d:41.219999999999999;}s:5:"sizes";a:10:{s:4:"full";a:5:{s:7:"success";b:1;s:8:"file_url";s:68:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash.jpg";s:13:"original_size";i:529575;s:14:"optimized_size";i:278200;s:7:"percent";d:47.469999999999999;}s:9:"thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:6:"medium";a:5:{s:7:"success";b:1;s:8:"file_url";s:76:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash-336x252.jpg";s:13:"original_size";i:26849;s:14:"optimized_size";i:19517;s:7:"percent";d:27.309999999999999;}s:5:"large";a:5:{s:7:"success";b:1;s:8:"file_url";s:76:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash-771x578.jpg";s:13:"original_size";i:112564;s:14:"optimized_size";i:77440;s:7:"percent";d:31.199999999999999;}s:9:"wbhm-icon";a:5:{s:7:"success";b:1;s:8:"file_url";s:74:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash-80x80.jpg";s:13:"original_size";i:3734;s:14:"optimized_size";i:3705;s:7:"percent";d:0.78000000000000003;}s:13:"wbhm-featured";a:5:{s:7:"success";b:1;s:8:"file_url";s:76:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash-600x338.jpg";s:13:"original_size";i:60741;s:14:"optimized_size";i:43329;s:7:"percent";d:28.670000000000002;}s:20:"wbhm-featured-square";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:18:"wbhm-featured-home";a:5:{s:7:"success";b:1;s:8:"file_url";s:76:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash-415x311.jpg";s:13:"original_size";i:37883;s:14:"optimized_size";i:27145;s:7:"percent";d:28.350000000000001;}s:22:"wbhm-featured-carousel";a:5:{s:7:"success";b:1;s:8:"file_url";s:76:"https://news.wbhm.org/media/2015/07/6355261479_3aef253fe9_b_Cash-353x265.jpg";s:13:"original_size";i:29359;s:14:"optimized_size";i:21342;s:7:"percent";d:27.309999999999999;}s:14:"post-thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}}}
        )

    [_imagify_status] => Array
        (
            [0] => success
        )

)
1651893033 
1437973247

After the recession many American companies were holding onto tons of cash. Birmingham companies were no different. But even with an improving economy, those reserves at Birmingham firms are still growing. We talk about it with Birmingham Business Journal editor Cindy Crawford in this week’s Magic City Marketplace.

Photo by 401(K) 2013

 

What is happening at Newark Airport? This and other questions answered

Hundreds of flight delays and cancellations at Newark's airport over the past several days are giving passengers headaches and spurring promises to improve the nation's air traffic control system.

Former housekeepers accuse Smokey Robinson of rape, sexual battery

A lawsuit filed on behalf of four women accuses R&B legend Smokey Robinson of sexual misconduct.

Why oil prices are falling, and what it means for the economy

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.

Hegseth says he’s a change agent at DoD. But details are scarce

The most detailed plan to reshape the Army began taking shape long before Pete Hegseth's arrival as secretary of defense.

India launches missile attacks on Pakistan

India has launched strikes in several parts of Pakistan and Pakistan-controlled territory, in a dramatic escalation of tensions between the two nuclear-armed rivals.

States win a legal injunction against President Trump, pausing library funding cuts

A federal judge Tuesday wrote that President Trump's executive order dismantling the IMLS "disregards the fundamental constitutional role of each of the branches of our federal government."

More Economy Coverage