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Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.
There are 745 articles by Wayne Risher :
Memphis International Airport will use a coronavirus stimulus grant to offset passenger losses, while depending on FedEx and other cargo carriers to shoulder the bulk of airfield operating costs.
The southwest Tennessee region including Memphis reported 6,634 new unemployment claims in week ending May 9, pushing the total near 80,000 since COVID-19 business closings began.
The e-commerce surge generated by the COVID-19 pandemic has pushed package volumes to holiday peak season levels at FedEx Ground, the company's workhorse for e-commerce deliveries.
FedEx's emissions intensity, or volume of greenhouse gas emissions in relation to company revenues, is down 40% since 2009, but an aircraft emissions goal is proving elusive.
FedEx and Microsoft have formed a strategic alliance that company leaders believe will "revolutionize" commerce by giving businesses more visibility into and control of inventories and supply chains.
Graceland is reopening with mansion tours reduced to 25% of capacity. Operators bill it as an opportunity to "walk in Elvis' footsteps like never before."
The Equal Employment Opportunity Commission said a settlement with FedEx Ground, announced Tuesday, stemmed from a nationwide investigation of bias complaints by deaf and hard-of-hearing package handlers.
The Guesthouse at Graceland has laid off 141 workers who had been on temporary furlough since mid-March because of COVID-19.
Memphis in May will remain at Tom Lee Park in 2021, MIM organizers announced Tuesday, May 19.
The new concept for the park's $60 million transformation will be revealed live today at 3:30 p.m. on The Daily Memphian's site.
After input from 5,300 people and 65 meetings, a Tom Lee Park transformation plan has drawn opposition from 4,000 petitioners and 2,200 Facebook followers. Will mediation settle hard feelings?
Memphis River Parks Partnership and its design team, led by Studio Gang and Scape, announced a new, improved concept for a $60 million overhaul of Tom Lee Park.
Tennessee's unemployment rate in April was the highest on record, eclipsing a low-water mark that had stood since 1983.
Memphis International Airport passenger traffic fell 95% in April and appeared to start rebounding in May, while cargo activity strengthened during the COVID-19 pandemic.
Graceland Holdings managing partner Joel Weinshanker said the tourist attraction has permanently laid off less than 20 people whose jobs couldn't be justified during lean times for tourism.
FedEx Logistics joins FedEx Office and FedEx Freight as entities of Memphis-based FedEx Corp. that have implemented temporary, unpaid furloughs because of business conditions arising from COVID-19.
AutoZone chairman, president and chief executive Bill Rhodes said he's "quite bullish" on the Memphis-based auto-parts retailer's future, despite short-term headwinds from COVID-19.
The Memphis-Shelby County Airport Authority says General DeWitt Spain Airport's runway will be closed periodically starting in June as part of a resurfacing project.
COVID-19 pushed the April unemployment rates in Memphis and Shelby County to 14.3% and 12.9%, respectively, but those rates remained below the statewide and national averages of 14.7%.
A dozen businesses including recording studios and a prominent music venue were approved for grants to help small, inner-city businesses recover from COVID-19.
FedEx said share repurchases and dividends will be frozen until May 31, 2021, under a credit agreement intended to provide more liquidity and financial flexibility during the COVID-19 pandemic.
New research from DePaul University examines the rise of Amazon Air and the possibility that the e-commerce giant could eventually compete directly with FedEx Express and UPS Air.
FedEx Corp.'s top two executives reassured U.S. employees and global leadership Monday, June 1, of the company's commitment to combating racism and other biases and promoting a diverse workforce.
Alan Graf's plan to retire later this year as FedEx CFO means promotions for Michael Lenz, Bert Nappier, Karen Reddington and Kawal Preet.
Memphis faith leaders and social justice advocates called Tuesday, June 2, for a meeting with top Memphis and law enforcement officials to address racist roots of violence against black people.