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Andrew and Lee Judge are pictured in front of their cupcake food truck, Sugar Belle. Find out what sweet giveaway they have planned for Friday, Jan. 10, 2014. (Matt Wake | mwake@al.com)

From new hotels to million in historic tax credits, here's a look at some of AL.com s top business headlines for Wednesday, Jan. 8:

has your first look at a new, seven-story hotel in Five Points South. The will be constructed on the site of the former Five Points South Music Hall.

Meanwhile, Tomberlin also reveals statewide that qualify for million in historic tax credits. Look for profiles of each in the coming days.

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takes a closer look at Sugar Belle as it prepares to roll into downtown Huntsville at noon on Friday. The Rocket City s first mobile cupcake truck has leased an undeveloped gravel lot on 225 Holmes Ave. N.E., across from the old Huntsville Times building and Below the Radar Brewing Co., and the .

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Birmingham s banking scene was dealt a blow Wednesday as beginning in February as the company prepares to outsource some operations over the next two years. It currently appears Birmingham will suffer the brunt of as many as 600 cuts companywide.

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has the . CVS/pharmacy announced Wednesday it will vacate its current space at 49 Church St. and move to the site of the former Piggly Wiggly Supermarket at the corner of Euclid Ave. and Oak St. The news comes just months after the Piggly Wiggly, which had operated out of the space for 30 years, closed its doors on Nov. 2.

In other grocery-related news, Rodriguez also notes the Vestavia Hills Chamber of Commerce will as the 2013 Retail Business of the Year during its Jan. 14 luncheon. The chamber will also as the 2013 Service Business of the Year.

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shares a little video chat in which during union negotiations in Washington state. The state s chief executive officer insists, however, that Alabama would have been in the top three states competing for a new Boeing plant had the manufacturer not brokered the West Coast deal.

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Despite the Boeing loss, it appears Huntsville's economy could soon . California developer Case Lawrence is set to open his 10th U.S. trampoline park, Shakalaka, inside the former Hibbett Sports building in the Huntsville West Shopping Center. Renovations are set to begin soon on the 26,000-square-foot facility, which will feature up to 12,000 square feet of trampolines.

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takes a closer look at a new website launched by the city of Heflin sIndustrial and Economic Development Board designed to . Specifically, the provides facts, demographics, a breakdown of tax incentives, maps and other data on the Cleburne County area. It also includes a list of local retailers and available buildings and property.

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In other AL.com business headlines:

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