Bullard: Virus has been less severe, more persistent than expected
President of the St. Louis Federal Reserve believes the incentives are strong on both sides of the aisle in Congress to come to a deal on additional stimulus.
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 452 articles by Christin Yates :
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August 2020
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Financial Services
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July 2020
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Real Estate New pre-development grant program moves forward to DMC vote
Among the terms of the grant, applicants must make a “best faith effort” to reach out to minority- and women-owned business enterprises (MWBEs) for consulting/contracting opportunities.
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City of Memphis Despite pandemic, wheels still rolling at MIFA
Since March, it has received 3,341 applications for emergency financial assistance with 80% of the requests citing COVID-19 as the reason for applying.
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Business Investors, startups ‘grit and grind’ together at virtual Demo Day
Charles W. Simmons of CW Simmons Consulting LLC has worked with Epicenter to create a new Growth Program accelerator for companies beyond the startup phase.
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Financial Services PPP loans are bright spots, but banks face uncertainties
Banks could not give guidance on future quarters, given unknowns surrounding the coronavirus and its potential impact on the U.S. economy and consumers.
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Health CareChris Hope Foundation will help house families of seriously ill children
The Chris Hope Foundation is celebrating its five-year anniversary and a new house for families with a child in one of the Memphis children's hospitals should be ready in September.
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Financial Services Pinnacle touts mortgage business in Q2 affected by COVID-19
Pinnacle granted payment deferrals on $4.4 billion in loans and issued $2.2 billion in Paycheck Protection Program (PPP) loans to customers affected by the pandemic.
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Health Care Three local startups prepare for Demo Day after accelerator program
Local entrepreneurs saw market opportunities in the medical industry for their products and services, and will be looking for additional seed capital to move forward.
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Financial Services First Horizon says additional stimulus would benefit many customers
Loan loss provisions increased to $538 million, up from $145 million the previous quarter.
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Business Local business leaders share challenges of COVID-19
The three Memphis business leaders all acknowledged that some aspects of COVID-19 life will continue indefinitely.
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Downtown Bluff City Greens addresses food deserts
New delivery business is set to open its first fully automated grocery fulfillment center next year to serve customers across Memphis.
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Financial Services Beige Book reports increase in economic activity, but well below 2019 levels
Home sales and construction activity were among the brightest spots in economic activity in the Federal Reserve District that includes Memphis.
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June 2020
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City of Memphis Local journalists, PR professionals stress importance of media diversity
PRSA Memphis and Memphis Association of Black Journalists emphasize in "Media and Racism" webinar how diversity at all levels in media help organizations paint a true picture.
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EducationSchools, universities adapt to social distance learning
Southern College of Optometry, Gestalt Community Schools and St. George's Independent School are among the institutions exploring new roads to learning.
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Financial Services Memphis banks’ earnings down in Q1, above national average
Loan-loss provisions significantly impacted earnings as banks responded to potential credit problems due to the pandemic.
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Business After nearly 50 years, Oden will close its doors
Oden called some of the largest corporations in Memphis clients during its long run as a marketing and advertising agency.
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Financial Services PPP small business loans more likely to be forgiven under new guidelines
With the new flexibility measures in place, bonuses, hazard pay and pay for furloughed employees can be included in payroll expenses as well as taxes withheld from employees’ paychecks.
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Germantown Baumer’s Footwear will close up shop this fall
The Baumers opened their first store in May 1999 in the then-new Trinity Place shopping center at Trinity Road and Germantown Parkway.
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May 2020
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Financial Services Beige Book: Health care, retail, hospitality among biggest drags on economy
Federal Reserve economist Kevin Kliesen says pace of recovery will depend on the speed restrictions are lifted and "the willingness of individuals to resume normal life."
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Financial Services Paragon Bank reports most profitable Q1 in its history
The Memphis-based bank has processed more than 700 Paycheck Protection Program loans, totaling $90 million in loan volume.
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North Memphis Arcade games may be slow to return, but Rec Room heading outdoors
The venue also has become "home" to 901Wrestling, which hopes to resume live matches around mid-June when the Rec Room plans to reopen.
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Business Malls reopen, but not all big-box retailers welcoming customers
Safety appears to be the primary concern of large retailers that remain in no hurry to reopen all of their stores just yet.
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BusinessLocal retailers address fashion as Memphians come out of quarantine
Apparel retailers see a desire to dress up from customers returning to stores, but athleisure trend won't be going away any time soon.
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Financial Services Second round of PPP funds to soon run out
The second round of the Paycheck Protection Program's forgivable-loan funds is running out. Banks are scrambling to help small businesses before the money is gone.
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Business ServiceMaster trims workforce, withdraws guidance due to COVID-19 impact
Interim CEO Naren Gursahaney voluntarily reduces salary 25% and is optimistic the company is well-positioned to endure the pandemic.
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