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Business

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  • Financial Services

    Bank of Fayette County furthering expansion into Shelby County

    With plans for a branch in Arlington, The Bank of Fayette County is increasing its footprint in Shelby County, with more locations expected.

    By Michael Waddell November 06, 2020
  • Transportation & Logistics

    FedEx claims IRS misstep, seeks $89 million refund

    FedEx says it overpaid federal taxes by more than $89 million for 2018 and 2019, because of a flawed Internal Revenue Service rule about taxing foreign profits.

    By Wayne Risher November 05, 2020
  • Real Estate

    The Citizen may change hands, signs 1st retail tenant

    The Citizen not only may change hands, but the mixed-use development recently signed its first commercial tenant, a boutique salon called Sonder Luxury Suites.

    By Tom Bailey November 05, 2020
  • Business

    Terminix charts path forward on costly termite claims

    Terminix made its first quarterly earnings report as pure-play pest control company on Thursday, Nov. 5. 

    By Wayne Risher November 05, 2020
  • Health Care

    Nurses, aides taking brunt of new COVID-19 cases

    Some evidence suggests workers are infecting others when they let their guard down outside patient rooms.

    By Jane Roberts November 05, 2020
  • Business

    Frontdoor sees uptick in renewals, service requests

    Memphis-based home service provider Frontdoor Inc. reported earnings exactly matching Wall Street expectations on Wednesday, Nov. 4.

    By The Daily Memphian Staff November 04, 2020
  • Premium Real Estate

    City envisions selling Midtown property for big-impact development

    The City of Memphis is taking extra time to write a request for proposals for bidders on its 4.5 acres at 1925 Union. City Hall wants not just a high bid, but a “highest and best” use that can be felt from Downtown to the University of Memphis.

    By Tom Bailey November 05, 2020
  • Real Estate

    Owner drops plan to raze Highland Heights church building, plans to sell

    The Division of Planning & Development recommends rezoning along two sections of Summer to prohibit such car-oriented businesses as gas stations and auto repair shops.

    By Tom Bailey November 03, 2020
  • Health Care

    Stryker expects Wright Medical deal to close this month

    Medical device maker Stryker Corp. last week reported strong third quarter earnings and momentum in the extremities and trauma business heading into 2021 after the planned addition of Wright Medical.

    By Wayne Risher November 04, 2020
  • Real Estate

    U of M relents, tells neighbors Deloach apartment plan to change ‘significantly’

    The University of Memphis, responding to strident opposition from nearby neighborhoods, plans to “significantly” scale back its plans for an apartment development on the northwest edge of the campus.

    By Tom Bailey November 02, 2020
  • Real Estate

    Carlisle buys Nylon Net Building

    The developer of One Beale and the Chisca on Nov. 2 paid $3.15 million for the vacant, historic warehouse at 7 Vance. Carlisle Corp. plans to build apartments there. But does the developer still plan to raze the whole building, or revert to its first plan to preserve the most historic part?

    By Tom Bailey November 04, 2020
  • Real Estate

    New Walnut Grove development plan eliminates offices, adds living space

    The Amherst Planned Development totals 101 acres at the northwest corner of the intersection of two major roads, Walnut Grove and Houston Levee.

    By Tom Bailey November 03, 2020
  • Business

    Ritchie Smith honored for design work on Big River Crossing

    Jurors cited landscape architect Ritchie Smith’s work on Big River Crossing for making a notable contribution to infrastructure design and creating an outdoor space that’s accessible to all.

    By Wayne Risher November 02, 2020
  • Transportation & Logistics

    FAA extends drone test at Memphis airport, FedEx hub

    The Federal Aviation Administration will continue working with Memphis International Airport and other drone testing sites after end of a three-year Unmanned Aircraft Systems Integration Pilot Program Oct. 25, 2020.

    By Wayne Risher November 02, 2020
  • Real Estate

    Central Yards: 6-, 7-story buildings planned

    The developers say Central Yards meets the intent of the Midtown Overlay District except for some of the building heights, which they say are necessary to provide enough public parking that already is in demand in Cooper-Young.

    By Tom Bailey November 11, 2020
  • Real Estate

    Downtown Commission’s Oswalt leaving Memphis to guide Haslam family fortune

    Architect and urban planning consultant Ray Brown will serve as Downtown Memphis Commission’s interim president for up to six months starting Jan. 1.

    By Tom Bailey November 02, 2020
  • Premium Real Estate

    Mud Island: Big ideas come with the territory

    Some Memphians regard Mud Island’s walkable Mississippi River model and museum as sacred, while others say nothing should be off the table as city leaders look to the future.

    By Wayne Risher December 10, 2020
  • Real Estate

    Arlington home market strong despite pandemic

    Pricing is up across the board, partially due to a nationwide lumber shortage, and demand for homes in the suburb has stayed strong. The supply of homes for sale still hovers at all-time lows.

    By Michael Waddell November 02, 2020
  • Health Care

    New efforts underway to reach Hispanic community about COVID-19

    Clinic that serves the Hispanic community in Shelby County has 15 years’ experience knowing how to send the right message. It’s giving the Health Department a boost to reach people who need to hear the COVID-19 messages. 

    By Jane Roberts November 02, 2020
  • Business

    U of M, U.S. Geologic Survey join forces

    The partnership formalizes research, conservation and purity of groundwater efforts between the entities.

    By Jane Roberts October 31, 2020
  • Business

    Student opening Linen Rose Boutique in Arlington early next year

    A 17-year-old senior at St. Benedict is expanding her contemporary women’s clothing business as Linen Rose opens its first permanent location in Arlington.

    By Michael Waddell October 31, 2020
  • Real Estate

    Large, mixed-use ‘Central Yards’ proposed for Midtown gateway

    The development would comprise 5.6 acres near the southwest corner of Cooper and Central, provide extra parking for an area that is often short on spaces, and be intentional about fitting in with the old neighborhood, the developers say.

    By Tom Bailey October 30, 2020
  • Health Care

    Doctors to pay $342,000 for overcharging Medicare

    Memphis doctors who violated False Claims Act in filing higher charges agree to pay for overbilling Medicare.

    By The Daily Memphian Staff October 30, 2020
  • Health Care

    Methodist Le Bonheur earns ISO 9001 certification

    Certification shows processes in place to standardize high-quality care. 

    By The Daily Memphian Staff November 02, 2020
  • Real Estate

    Landlords, federal agencies battle in court over halting evictions

    U.S. Dist. Judge Mark Norris tells parties he will rule as soon as possible over landlords’ request to at least temporarily block the CDC’s order halting evictions across the nation.

    By Tom Bailey October 30, 2020

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