Sellers rule as home listings keep shrinking
The number of houses for sale in the Memphis area has dropped by a third over the past year.
The number of houses for sale in the Memphis area has dropped by a third over the past year.
FedEx founder, chairman and CEO Frederick Smith also is looking to sell his ownership stake in the NFL Redskins franchise, The Washington Post reported.
Sekisui won a grant from the Economic Development Growth Engine to aid the sushi restaurant's comeback from an extreme loss of business due to COVID-19.
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.
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.
Tennessee data showed 53,703 Shelby County residents and 256,645 Tennesseans were receiving unemployment benefits in the week ending July 4.
Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.
Building permit applications have been filed for a $35 million senior living facility in southeast Memphis and a $50 million warehouse near the airport.
Ruling seen as a big election-year victory for President Donald Trump, who counts on heavy support from evangelicals and other Christian groups for votes and policy backing.
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.
Consumers who were exposed to a cryptocurrency scam were far more likely to fall for it and lost far more money than the average for all scams. The median loss in a cryptocurrency scam was $3,000 compared to $160 for all scams.
The Postal Service is finally taking the Front Street Post Office off the books, after suspending operations when the University of Memphis law school moved Downtown in 2010.
The applicant proposing The Stratford event center plans several measures to prevent the commercial activity from affecting residences nearby.
Building permit applications show Raymond James plans to spend $7.25 million renovating the 1100 Ridgeway Loop building and $6.33 million renovating the 889 Ridge Lake building.
Pool testing has been used for other diseases for decades; Memphis among first cities to apply for FDA emergency-use approval.
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.
Paycheck Protection Program forgivable loan applications resume with Aug. 8 deadline and nearly $130 billion still left in the program till.
The retail chain that serves civilian and professional gun shooters, law enforcement and other first responders has signed a lease in the Market at Wolfcreek, across from Wolfchase Galleria.
Two of Silo Square's mixed-use buildings, each three stories, are effectively designed as illusions, with a nod to the past. The presence of a kitchen-appliance delivery truck nearby signals that completion of those buildings is within the near future.
E-commerce and a shortage of air cargo capacity pushed FedEx fourth quarter earnings well past analysts' expectations. Analysts wonder if trends will continue – and produce a desired goal of double-digit profits.
The Corps of Engineers took a wait-and-see attitude on some questions about how much Tom Lee Park can be changed by new park design, suggesting ongoing dialog ahead.
There's no doubt costs of maintaining and operating Tom Lee Park will increase after a planned $60 million overhaul of the riverfront park. How much is an open question.
In Shelby County, more than 28% of the people who have tested positive for COVID-19 are Latino. The percentage of positive tests is rising.
Direct from the Laboratory of Molecular Biology in Cambridge, England, Madan Babu will direct the Center of Excellence for Data-Driven Discovery at St. Jude Children's Research Hospital.
Hulet and Jackie Gregory this week bought the 85,000-square-foot Bartlett Station Plaza shopping center. Gregory Realty now has about 30 commercial properties and is hunting for more.