Smith & Nephew laying off 150 in Memphis by end of year
The orthopedic division in Memphis is the London-based company’s largest operation.
Reporter
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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The orthopedic division in Memphis is the London-based company’s largest operation.
He is its sixth leader since ALSAC’s founding in 1957 and credited with nearly quadrupling gifts to support St. Jude Children’s Research Hospital.
More than 105,000 passengers expected to depart from here in the two-week holiday travel period.
The company affirms the value of its savings programs, more than $6 billion through 2027, but downgrades earnings-per-share for the rest of the year.
The company expects the transaction, which will produce two publicly traded companies, will be executed in 18 months. FedEx sees some gains in face of stubborn economy, other headwindsRelated story:
The project will start in April and is expected to take two years. Ultimately a five-lane road will be the airport’s entrance.Related content:
With the help of Connor Webber, Memphis-based attorney for Tennessee Innocence Project, Webb , 70, was released in early October.
With the help of Connor Webber, Memphis-based attorney for Tennessee Innocence Project, Webb , 70, was released in early October.
The university’s new unit, headed by a global expert in sunflowers, focuses on how to boost agriculture specifically in the Mississippi Delta.
The university’s new unit, headed by a global expert in sunflowers, focuses on how to boost agriculture specifically in the Mississippi Delta.
Christian Brothers University is debt free and expects its first budget surplus in many years, according to Brother Chris Englert, interim president.
Prominent in the CME denomination on the national scene, as well as serving as bishop for Arkansas and Tennessee, Bishop Henry Williamson died on Christmas Day after a short illness. He was 76.
The Rev. Dr. Reginald Porter Sr., who was devoted to his faith and the South Memphis community he served, died on Christmas Eve at age 76.
Analysts say FedEx Freight, worth $30 billion, should be traded against its peers, not locked up inside.
Groups huddled in the cold in view of the police Skycam that caught much of the grisly action on Castlegate Lane in Southeast Memphis on Jan. 7, 2023.
Josh Poag and a group of investors bought the building last fall, wanting to control the use of the 400,000-square-foot location in the likely event the store would close.
Unless the government intervenes to lower the price or forces insurers to cover the drugs, they will remain out of range for many people.
If the closing came faster than Memphis expected, retail experts and the mall’s owners say there is a silver lining.
A downgrade signals to the investment community that the financial performance has changed enough that the probability the hospital will not be able pay its debt has gone up, said an assistant professor in finance at the University of Memphis.
A portion of the gift will go toward an endowment to fund certain internships in perpetuity.
The funding aims to bolster interest in the humanities and provide an income for students who cannot afford to work unpaid internships.
Students who complete the 2-credit course will earn DU ecology conservation certification.
“He’s here to fundamentally rework IP and make it successful,” a financial executive said about CEO Andy Silvernail.
International Paper’s $9.9 billion deal to acquire DS Smith is expected to close Jan. 31 and give the Memphis-based firm 30,000 new employees worldwide.
Kevin Dean, head of the Tennessee Nonprofit Network, spent much of Tuesday trying to tamp down the panic and misinformation. Even a short pause could disrupt housing and food assistance, he said.