Second round of PPP applications opens
Here’s what Memphis area business owners need to know as the second round of Paycheck Protection Program funds becomes open for applications.
Christin Yates
Freelance Reporter
Christin Yates is a native Memphian who has worked in PR and copywriting since 2007. She earned her B.S. in public relations and M.S. in mass communications from Murray State University.
There are 460 articles by Christin Yates :
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January 2021
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Financial Services -
Financial Services First Commercial Bank raises $15 million in new capital
Banking company plans to grow Memphis presence, establish permanent office in the Crescent Center in East Memphis.
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December 2020
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Financial Services Withdrawing from retirement plans may have tax implications
Among other things, the CARES Act eliminated the 10% early withdrawal penalty for individuals under the age of 59½. But one-third of any money withdrawn will be included as income on taxes for each of the next three years
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Business #Black Tech Futures Research Institute launches in Memphis
LeMoyne-Owen College administrator Charles Elliott said it is important for young Black people to learn technology skills so more businesses will want to relocate to and invest in the Memphis community.
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Shelby County Four local nonprofits to receive Award of Excellence from Gov. Lee
Christ Community Health Services, the Mid-South Food Bank, Las Americas and MICAH will be honored for outstanding service in a very unusual year.
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City of Memphis Operation Warm: 300 students outfitted with new coats
National nonprofit, FedEx and Memphis Athletic Ministries partner to distribute the coats across the city of Memphis.
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November 2020
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Financial Services Mortgage lenders seeing increase in refinances
On Nov. 27, the benchmark 30-year fixed refinance rate was 3.09%, according to Bankrate.com. The average 15-year fixed refinance rate was 2.52%.
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Financial Services Unemployment recipients may be surprised come April 15
Hundreds of thousands of Americans received unemployment benefits when the pandemic shut down businesses, as well as the additional $600 per week stimulus under the CARES Act.
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East Memphis Black Friday shopping not as robust in unusual year
Both e-commerce and early shopping could be contributors to the smaller-than-normal crowds, not to mention the COVID-19 pandemic.
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Downtown Local retailers optimistic about holiday shopping season
The NFR expects online and other non-store sales will increase 20% to 30% to between $205.5 billion and $218.4 billion, up from $168.7 billion in 2019.
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Education Memphis, Israeli students compete in Global Sports Tech Youth Challenge
The event is co-sponsored by the Tarik Black Foundation, which works to provide youths access and exposure to world concepts and international points of view.
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Education Junior Achievement adds more entrepreneurship programs
In its Building Blocks program, JA partners with Shelby County Schools to offer a 40-part video series and curriculum guides to introduce students to local entrepreneurs.
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Business Two big names in technology invest in local workforce
Dana James Mwangi, founder of Cheers Creative, which provides brand design, logo development and website services, is the Grow with Google Digital coach for Memphis.
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City of Memphis Organizations push to empower youths, break barriers
Facing History and Ourselves, Bridges, Girl Scouts: Heart of the South and the National Civil Rights Museum will participate in a panel discussion at Leadership Memphis’ annual Multicultural Breakfast Nov. 6 that will be held virtually this year.
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October 2020
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Financial Services ‘Consuming less and saving more are big trends and quite healthy trends’
The good news: Wealth managers see clients spending less and saving more. The bad news: Some employers have reduced 401(k) contributions, and that could fuel a future retirement crisis.
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Update
Financial ServicesFirst Horizon beats estimates for earnings, revenue
It is the first quarter Memphis-based First Horizon has reported results that include the merger of Iberiabank and the acquisition of 30 Truist bank branches.
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Metro Pinnacle tops earnings, revenue forecasts in Q3
Pinnacle CEO calls current loan demand “near zero” given the uncertain economic environment.
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Real Estate Salon owner opens Millington CBD store
Salon owner learns the ropes on hemp from fellow female entrepreneur and opens her own CBD store in Millington.
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Business Turner Construction program provides MWBEs with info, connections
The program began in 1969 with a goal of building up the MWBE community within the markets where Turner operates.
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Real Estate Companies consider COVID protocols with new office space
Many office moves occurring now were being planned before the pandemic.
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Education Excel Center at Goodwill Memphis helps adults earn diplomas and more
The Excel Center opened as a charter school but is now a contract school with Shelby County Schools.
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Financial Services Deposits in Memphis banks soar 23% from a year ago
Federal Paycheck Protection Program and a flight to cash cited as reasons for dramatic increase in local bank deposits.
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Spirit of Memphis Hub of Memphis outdoors activities created for visitors, residents
Memphis Tourism measured a 40% increase in likely Memphis visitors who report being interested in “adventurous outdoor activities” since the pandemic hit.
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September 2020
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Business Robertson discusses new role at Saks Fifth Avenue
In her new role, Memphian Lori Spicer Robertson says she will have the opportunity to transform and touch people differently than what is possible in other positions.
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Transportation & Logistics Memphians are hitting the road, despite pandemic
Great Smoky Mountains National Park recently announced that July 2020 was its busiest month in 23 years, with 1.7 million visitors.
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