FedEx and UPS could gain $100 million to $300 million in new revenue from COVID-19 vaccine distribution in the U.S., a Bank of America research report says. Related article: COVID-19 vaccine moves through Memphis hub

After Teresa Landrum Caswell couldn’t find an affordable, nearby driving school for her daughter, she started one herself.

The first COVID-19 vaccines for U.S. use arrived at FedEx’s Memphis hub about 11:30 a.m. Sunday. By 4 p.m., vaccine shipments had started moving to final destinations. Related article: FedEx flying high into latest earnings report

“This is among the most important work in the history of our company, and we’re honored to be a part of the effort to help end this pandemic,” FedEx president and chief operating officer Raj Subramaniam said in a release.

Nurses in hospitals are the most vulnerable, according to contact tracing interviews conducted in the last 30 days.

At the first Germantown Area Chamber of Commerce luncheon since social distancing became the norm, Robert Yates saw members tossing business cards across tables, but they did not touch them, they just took photos of the cards. 

Executives with a dental products company say they would open a dental lab near the airport if their company receives a tax incentive.

The Greater Whitehaven Economic Redevelopment Corp. has money available to help Whitehaven small business that have been hurt by the coronavirus.

California-based CloudKitchens has purchased a vacant, former auto parts building in a distressed part of Summer Avenue. The 11,000 square feet could house dozens of small, commercial kitchens for the pandemic-fueled industry of meal delivery.

FedEx’s Air Line Pilots Association unit said on Tuesday, Dec. 8, that 292 pilots had tested positive for COVID-19. The number has doubled since late October.

Part of the variable is the strain COVID-19 has placed on the funeral industry.

A planned, Cooper-Young subdivision of 11 lots on just 1.2 acres won approval from the Land Use Control Board after the developer made substantial changes to make the site connect better with with the neighborhood.

The 5.5-acre, $60 million mixed-use proposal for the north edge of Cooper-Young will next be reviewed by the City Council.

Residential development in Lakeland is at a premium, leading to a high demand for new houses in a tight market.

The next Shelby County Health Directive, expected soon, will include recommendations that hospitals test employees regularly.

A large, colorful and sometimes controversial life has died with the passing of developer William R. “Rusty” Hyneman. He owned and flew personal jets, drove exotic cars and lived in mansions. His early developments, for some, symbolized the excesses of suburban sprawl. But friends and family remember his quiet generosity and indomitable spirit.

DJ Naylor lives life with purpose and passion, loves a properly drawn Guinness, his family, his pub and most definitely, his whiskey.

City of Memphis and Memphis River Parks Partnership officials hold virtual groundbreaking on Cutbank Bluff, the first phase of a $60 million overhaul of Tom Lee Park.

Statutory liability under the False Claims Act triples the $800 million in damages to $2.4 billion.

A $300,000 grant from International Paper to the Mid-South Food Bank is the first installment in a three-year, $900,000 pledge.

The average price of a house sold in Shelby, Fayette and Tipton counties during November was $217,080, up 10.7% from a year earlier. But the number of houses for sale continues to shrink.

FedEx shares closed above $300 for the first time in the company’s history on Tuesday Dec. 8, after falling as low as $88.68 in mid-March.

The Memphis Regional Megasite made the organization’s top 3 in its 15-year list of worst government waste.

Among the 14 newest applications submitted to the planning board are ones to accommodate a short move by Third Church of Christ, Scientist, to allow construction of a Shelby County fire station, and to double the size of a Downtown condo development.

The Center City Revenue Finance Corp. voted unanimously in support of $129.5 million worth of public incentives for One Beale’s fourth phase, plus a 5 percent tax surcharge on One Beale customers that is projected to generate another $139 million over 30 years.