Memphis Theological Seminary is working to bridge a budget deficit during the first of a three-year financial solvency plan under the guidance of its interim president, Susan Parker, Ph.D.

The remade Mississippi River Park with its own “River Garden” opens in a week. The River Line trail running along the east side of Wolf River Harbor to Big River Crossing will debut the same day. Mud Island River Park is closed until the spring after a season of experiment and minor tweaks.

First Horizon National Corp. is restructuring the leadership of its wholesale and consumer banking divisions in a move the company says will advance its long-term objectives.

The rebidding of the renovation of the Memphis Cook Convention Center has come in below the $175 million the city has to spend on the project.

An emerging plan for a better local economic development strategy will include a healthy dose of regionalism, Memphis Mayor Jim Strickland says, and adhere closely to recommendations from ad hoc groups calling for better research, closer management of companies looking at Memphis and setting and sticking to goals for pursuing specific industries.

Editor's note: Part two in a three-part series.

Ray’s Take: When you enter into marriage or a serious relationship, the decision on whether you should combine your finances is an important one and should be thought through carefully and planned out appropriately. 

The Memphis River Parks Partnership has chosen two firms to lead the redevelopment of Tom Lee Park.

Oscar Insurance Corp. has expanded its Tennessee footprint to include residents in the Memphis metro counties of Shelby, Tipton, Fayette, Lauderdale and Haywood.

The University of Memphis’ Center for Applied Earth Science and Engineering Research has been awarded a five-year, $5 million contract to conduct extensive research on the water quality of the Memphis aquifer.

The Lake District has secured six more tenants, effectively boosting its committed retail presence to more than 100,000 square feet.

The city of Olive Branch completed the purchase of Olive Branch Airport on Wednesday, Oct. 31, ending a 45-year run of private ownership of one of Mississippi’s busiest airports.

A local tech company is harnessing the power of data and gamification to improve employee wellness and reduce smartphone distraction in the workplace. Memphis-based Extracon Science LLC recently announced the launch of EngageMode, an app which has been in beta testing and is rolling out with current customers.

New York City at Christmas borders on a real-life fantasyland decked out with every holiday movie cliché, from ice skating under massive trees to visiting Santa at the Macy’s in Herald Square.

Susan Hadley Maynor, vice president of economic development for the Greater Memphis Chamber, was named president of the Tennessee Economic Development Council for 2018-2019.

The construction firm building the University of Memphis’ $35 million pedestrian bridge, parking garage and plazas this week completed a small project – free of charge – that solves a problem for the adjoining neighborhood.

With more than 57,000 vehicles a day passing by on Germantown Parkway and a Walmart Supercenter next door, Target’s soon-to-be-vacated Cordova store shouldn’t stay empty for long, real estate experts say.

Memphis attorney Marvin Ballin, founder of a criminal defense law firm that includes his son, daughter and grandson, died Tuesday morning.

The planned swimming pool for Church Health YMCA and Crosstown Concourse will be 2,569 square feet and offer a separate spray/splash area, a deck for lounging, a lift and steps to make the pool accessible, four swim lanes, starting blocks at the deeper end, and an accessory building that houses bathrooms, an office, storage and check-in counter.

Though it may resemble a truck from the outside, the interior of Baptist Women’s Health Center’s new mobile mammogram unit is something else entirely.

A group working on changes to the local approach to economic development is recommending a larger role for the Greater Memphis Chamber.

FedEx Corp. has announced that it will end a shipping discount alliance with the National Rifle Association, citing an inadequate volume of shipping to sustain the program.

A new Interstate 40 welcome center and solar exhibit near Memphis is expected to be completed in late November, about a year behind schedule.

DeSoto County’s final section of Interstate 269 opened Friday, Oct. 26, with predictions of economic benefits, kudos to those who conceived and built it and prayers for safe travel.

Republican gubernatorial candidate Bill Lee presents himself as a political “outsider.” He’s never run for public office, and he says he’s “never worked for the government.”