There are 39 article(s) tagged Business:
Today, almost all Americans can trace their lineage back to another part of the world. The Daily Memphian recently talked to 16 locals — including business owners and a former mayor — about their families’ journeys to America.
The former Houston’s restaurant building located at 5000 Poplar Ave. was bought for $2.1 million Friday, Nov. 7, by a regional developer-managed company.
The Wall Street Journal reported Thursday, Nov. 6, Ford is considering pulling its EV Lightning truck off the market.
Mill closings and the implementation of the company’s multiyear 80/20 strategic plan also contributed to the losses, CEO Andy Silvernail said during an earnings call.
Baby Jack’s owner Will Clem is retiring and selling the building at 7610 U.S. 70 after 15 years in business.
A group of Memphians got a rare glimpse into the workings of Elon Musk’s xAI, and a key executive spoke about the company’s potential plans for a former natural gas plant in Southaven.
“Once it passes into history,” said a fan, “we will have lost another unique part of what makes Midtown, Midtown.”
San Diego-based LPL will expand its wealth-management services while gaining access to First Horizon Advisors and its $16 billion in assets across a 12-state footprint.
“I know many people, again, have been discouraged by the state of local businesses with all the closures happening,” Blue Suede Vintage owner Casey O’Rourke said. “But I want this to be a success story.”
Lance Moll will serve in his role until Jan. 31 and move into an executive advisor position until July 31.
Mike Pohlman is retiring from his position at the Pickering Firm Inc. in June.
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:
ServisFirst Bank’s full-service branch in East Memphis will open this month with a team of 12, including several veteran Memphis bankers. The bank entered the local market earlier this year by establishing a loan-production office.
The orthopedic division in Memphis is the London-based company’s largest operation.
Community Foundation for Greater Memphis and Junior Achievement of Memphis and the Mid-South announce additions to their staff.
The Humanoid Robot Forum and the Autonomous Mobile Robots & Logistics Conference, both at the Renasant Convention Center, will bring together experts, industrial users and suppliers, including AI companies.
The session from 9 a.m. to noon Wednesday, Oct. 9, is geared particularly to small businesses.
Also, Junior Achievement of Memphis and Sullivan, a Memphis marketing agency, announce their new hires, and Maria Montessori School has two new teachers.
Former U.S. Steel and Sysco Corp. executive Kenneth Jaycox will join the executive committee at Memphis-based automotive-parts retailer AutoZone.
The new Memphis location is the second Tennessee branch for the Alabama-based commercial bank, which has assets exceeding $16 billion.
“We’re just continuing to grow,” said Paige Walkup, Caissa Public Strategies’ president, co-founder. “Our staff has exponentially grown over the last 18 months, and we anticipate probably adding another 20 employees within the next 10-12 months.”
The Memphis-based automotive parts retailer reported profit of $515 million, and earnings per share rose 17.2% to $28.89, beating analyst expectations.
BlueOval SK’s recruitment campaign will begin in March or April and will continue to increase hiring each month until it meets the goal of 2,500 West Tennessee hires by end of the year.
Macy’s plans to lay off both retail and corporate employees.
The Memphis One-Stop Center is an accelerated training center that will produce credentialed job candidates for the region’s job market each year.
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