FedEx shares rebound amid e-commerce boom, airlift shortage
FedEx shares have shot up over $200 in recent trading after languishing below $150 a share earlier this summer. Supply and demand is driving the growth.
FedEx shares have shot up over $200 in recent trading after languishing below $150 a share earlier this summer. Supply and demand is driving the growth.
When the pandemic struck and businesses shut down to stem to the spread of the coronavirus, Whimsy Cookie didn’t pull back. Instead, the small business expanded.
DHL proposes to build a 975,000-square-foot warehouse and fill it with Yeti coolers and other Yeti products. And a California company proposes to move its headquarters to Memphis.
The executive in charge of a retail landmark in Memphis opens up about adding a new "egg" to the basket: Apartments.
Remains of lions, tigers and bears and more exotic creatures are part of a U.S. Fish & Wildlife Service trove of items stopped from moving through the FedEx Express Memphis hub.
Greg Smithers joined FirstBank as Memphis market president July 7 after leaving Iberiabank, where he had been regional president for Tennessee and Arkansas.
Memphis-based AutoZone is going on a hiring spree, adding more than 20,000 full- and part-time employees.
Stein Mart operates Memphis-area stores in East Memphis, Collierville and Cordova.
Proposed Port of Memphis link in a container-on-barges shipping network could yield billions in benefits, Memphis-Shelby County economic development officials say.
Owner Finard Properties plans to demolish the two buildings anchoring Poplar Plaza’s most prominent corner, at Poplar and Highland, to build mixed-use structures.
The sprawling complex of buildings on the 9.3-acre site is being razed to remove blight and prepare the grounds for future development.
Developers will have a rare opportunity to buy 4.5 acres with 100 yards of frontage on Union Avenue. But in seeking bids, city officials say they want the "best" use, not simply the highest dollar amount.
At Christian Brothers University, modeling indicated campus would lose more than $4 million if all learning was conducted remotely.
The maker and retailer of modern-design ceramic products is growing and needs more space. Paper & Clay will move into a building vacated by the closing of Bumpus Harley-Davidson on South Main.
FedEx chief Frederick W. Smith said the company's response to COVID-19 included one of the largest efforts to move goods by air since the Berlin Airlift of 1948-1949.
The Center City Revenue Finance Corp. approved 30 years of property tax savings that will fund $134.6 million of the $741 million development’s costs, and a 5% tourism surcharge that is estimated to provide $20.8 million for the project.
International Paper is selling a block of shares in Graphic Packaging for the second time this year, as part of continuing effort to generate cash from the 2018 equity investment.
Concerned about increased traffic and building height, the Red Acres Neighborhood Association has asked for a delay in plans for redeveloping part of Poplar Plaza for both apartments and retail.
FedEx's top leaders didn't get bonuses for the first time in 11 years as company earnings and income lagged behind targets in fiscal 2020.
Following the early shock of COVID-19, the positive July sales reflect acceptance of a "new normal'' in the local real estate market, one Realtor believes.
The Land Use Control Board in September is to consider applications for three convenience stores with gas, plus a truck stop. And those are hardly all of the proposals floating about.
Other tricks to improve connectivity and reliability include putting a rate limit on gaming consoles and paying for business-class connections.
Some experts expect fewer hotels to be built in Memphis over next couple years because of tight credit market for projects with no clear path for recovery from COVID-19.
Online practice offers appointments six days a week from acute care to helping people manage chronic disease.
The new standards for reopening bars and allowing gatherings are based on trends in cases and positivity rates.