There are 762 articles by Rob Moore :
FedEx stock was up more than 10% following an earnings release last week, with numbers high enough that the company increased its forecast for the full fiscal year.
FedEx says continued demand weakness, particularly at FedEx Express, affected its most recent earnings period.
Avelo will be the only airline offering nonstop service to Raleigh-Durham International Airport, which serves Raleigh, Durham and the surrounding Research Triangle region of North Carolina.
Both banks have to receive regulatory approval from U.S. oversight authorities, and according to First Horizon, the process is taking longer than anticipated, even as they remain committed to the deal.
The Oliver, will now include an additional adjacent parcel at 339 S. Front St., where the development team plans to build 63 additional multifamily units.
The Mobility Center, scheduled to open in July, already has four parking spaces that are equipped for the installation of electric chargers for public use.
The first phase of development, already under construction, will include 210 multifamily residential units and a 262-car parking garage.
The peak day for this season is expected to be Friday, March 10, with more than 9,000 people projected to pass through the checkpoint.
Memphis International will receive $14.8 million from the FAA, which it will use in its efforts to modernize its ticketing and baggage areas.
The council advises the president on government policies and programs that affect U.S. trade performance and works to promote export expansion.
The First Horizon buyer is one of five banks that provided services to Stanford Financial Group over 20 years that have paid $1.6 billion to the victims of the Ponzi scheme.
TD has initiated discussions with FHN regarding a potential further extension of the outside date.
AutoZone reported second-quarter net sales of $3.7 billion, a more than 9% increase from the same period a year ago.
The used car lender said Friday, Feb. 24, in a company email reviewed by The Daily Memphian that all employees would be terminated at the end of the business day.
The FAA announced Monday, Feb. 27, $967 million in funding for almost 100 airports in the U.S., including Memphis International.
Upgrades to the Interstate 55 interchange at Crump Boulevard Downtown will be a multi-year project that will include road and bridge closures and the construction of a new roundabout.
FedEx and the Air Line Pilots Association have been in contract negotiations since May 2021.
Since the first earthquake on Monday, Feb. 6, FedEx has assisted multiple nonprofit and government organizations that are responding directly to the crisis by utilizing its global trade networks.
TD Bank’s agreement includes a commitment to open 25 new physical bank branches in marginalized communities and a pathway to enable affordable home ownership by increasing residential mortgage loans.
The cohort was selected among students from eight HBCUs, which are regionally located within a short distance of a FedEx operating or distribution facility.
The new cooperation agreement includes customary restrictions and voting commitments.
The transaction date has been moved from Feb. 27 to May 27, in accordance with the terms of the merger agreement.
Amtrak has proposed a new service that would connect Atlanta to Chattanooga and Nashville, but the Tennessee Department of Transportation could push for a Memphis-Nashville line.
For the fourth quarter 2022, the industrial manufacturer reported $190.4 million, up more than 10% from the $172.1 million it reported for the same quarter in 2021.
Among the street names is Piquette Drive, a reference to the Piquette Plant in Detroit where the first Ford Model T was produced.