Business Alabama Staff

UAB Health System and UnitedHealthcare announced Thursday that they had reached a tentative agreement on a new health insurance contract.

The funding will establish a new scholarship fund to support engineering students.

Jason Wilson has been named the new executive director of Montgomery Whitewater Park.

Birmingham-based construction firm Robins & Morton and COPT Defense Properties are marking the completion of 9700 Advanced Gateway

Renovations will begin in August on Bromberg Jewelers’ Mountain Brook store, which was built in 1959.

JPMorganChase commits $2 million to help Alabama small businesses JPMorganChase on Monday announced a $2 million commitment to help Alabama small businesses succeed. The money will be used to improve capital access, assist entrepreneurs and offer technical assistance for capital providers. – Birmingham Times U.S. News taps UAB as best hospital in Alabama – again For the 12th consecutive year, UAB Hospital has been named the No. 1 hospital in Alabama and the Birmingham metro area by U.S. News & World Report. UAB Medicine ranked nationally in five specialties, including rheumatology, neurology and geriatrics. – Bham Now Abercrombie & Fitch returning to Alabama Clothing retailer Abercrombie & Fitch is planning a return to Alabama, opening in the fall at the Summit in Birmingham. The previous Abercrombie & Fitch location at the Riverchase Galleria closed several years ago. – AL.com Hangout Music Festival to return in 2026 The Gulf Shores City Council voted unanimously on a one-year extension of the franchise agreement for the Hangout Music Festival. This year, the event rebranded as the Sand in My Boots concert, and this vote allows it to take place in 2026, with an optional extension for 2027 if both sides agree to it. – OBA Costco coming to Birmingham suburb Costco is coming to Irondale, marking the wholesale retailer’s sixth location in Alabama and second in the Birmingham area. It will be a $105 million project that will include a gas station. – WBRC 6

The makers of Clyde May’s Whiskey have announced partnerships with athletics at Auburn University, the University of Alabama and Troy University.

Athens State University has officially opened the Nazaretian Alumni Welcome Center.

An early look at Baker Cotton Mills in Mobile.

Pinnacle Financial Partners, based in Nashville, and Synovus Financial Corp., based in Columbus, Georgia, are merging in an $8.6 billion deal.