UAB, UnitedHealthcare reach agreement
UAB Health System and UnitedHealthcare announced Thursday that they had reached a tentative agreement on a new health insurance contract. UAB had warned patients that their agreement was scheduled to expire at the end of July. – WBRC 6
Mercedes: Tariffs have cost $420 million in sales
Mercedes-Benz says it has lost about $420 million in sales this year due to auto tariffs, and the company will drop the prices of some new models. Under the new European Union trade deal, American cars shipped to Europe, which would include those produced in Vance, would not have tariffs. – AL.com
Birmingham-based NaphCare has appointed Connie Young, its CFO for more than three decades, to be its new president. NaphCare provides health care for the correctional system – Business Wire
Site ranks Birmingham hotel as state’s best
Birmingham’s Elyton Hotel was named best hotel in Alabama by Far and Wide, a travel website. The historic Empire Building was redeveloped into the Elyton in 2017. – Bham Now
Capstone Building finishes South Carolina project
General contractor Capstone Building Corp., headquartered in Birmingham, has finished construction of a $78 million cottage-style rental development in South Carolina. LEO Jamestown includes 296 units and spans 345,000 square feet. – GBA Business Report
BCA mourns former chairman Lee
The Business Council of Alabama is mourning Robert “Bubba” Lee, chairman of the organization from 1995-1996. He and his brother, Tommy Lee, built the Baldwin County manufacturer Vulcan Inc. Bubba Lee died Tuesday. – Business Council of Alabama
