The biggest business news of the week was probably the official reveal of the Southaven site that will become home to a new Google facility (with the added bonus of a Memphis Google office during construction). But two clear runners-up: FedEx threatened to pull its brand from FedExField over the Washington Redskins’ name (and it looks like the team will announce a change today) and several local businesses got PPP loans of more than $5 million. All that news, and more, below.
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Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.
By Tom Bailey
Owners of the new restaurant at 669 S. Mendenhall anticipate Southall Cafe will open by mid-August. It's part of Boyle Investment Company's newly renovated Williamsburg Village Shopping Center.
By Tom Bailey
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FedEx founder, chairman and CEO Frederick Smith also is looking to sell his ownership stake in the NFL Redskins franchise, The Washington Post reported.
By Wayne Risher
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Chick-fil-A's unusually short but expensive move seems to affirm the Wolfchase shopping district has still got 'it': The power to draw customers from far and wide.
By Tom Bailey
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Finard Properties has filed requests with the planning board to transform Poplar Plaza's southeast corner into a mixed-use development. A rendering indicates existing buildings on the corner will be replaced with six- or seven-story structures.
By Tom Bailey
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SBA data suggests Paycheck Protection Program thus far has aided more than 14,000 Shelby County businesses and helped retain more than 50,000 jobs.
By Wayne Risher
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The number of houses for sale in the Memphis area has dropped by a third over the past year.
By Tom Bailey
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With hospitals 90% full in and right at the red range of capacity, leaders are working their plans for the COVID-19 surge.
By Jane Roberts
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FedEx has launched voluntary COVID-19 testing for Memphis area employees and on-site vendors. Testing sites are at FedEx Express world headquarters and near the hub at Memphis International Airport.
By Wayne Risher
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After the City Council sent the cases back, the Land Use Control Board for a second time approved two development proposals over the stiff opposition of neighbors.
By Tom Bailey
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