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Business

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  • Business

    Washington drops Redskins after FedEx threat

    Washington Football Inc. says it will drop the controversial name of its NFL team and announce a new name later. FedEx was among companies applying pressure for the change.

    By Wayne Risher July 13, 2020
  • Food News

    Southall Cafe to offer ‘chef driven’ breakfast, lunch in East Memphis

    Owners of the new restaurant at 669 S. Mendenhall anticipate Southall Cafe will open by mid-August. It's part of Boyle Investment Company's newly renovated Williamsburg Village Shopping Center.

    By Tom Bailey July 13, 2020
  • Health Care

    Hospitals adding beds, staffing up

    With hospitals 90% full in and right at the red range of capacity, leaders are working their plans for the COVID-19 surge.

    By Jane Roberts July 11, 2020
  • Premium Real Estate

    Chick-fil-A in Wolfchase district among state’s largest

    Chick-fil-A's unusually short but expensive move seems to affirm the Wolfchase shopping district has still got 'it': The power to draw customers from far and wide.

    By Tom Bailey July 13, 2020
  • Real Estate

    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.

    By Tom Bailey July 10, 2020
  • Transportation & Logistics

    FedEx threatens to pull brand from FedExField

    FedEx founder, chairman and CEO Frederick Smith also is looking to sell his ownership stake in the NFL Redskins franchise, The Washington Post reported.

    By Wayne Risher July 10, 2020
  • Business

    EDGE throws lifeline amid COVID-19 challenges

    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.

    By Wayne Risher July 10, 2020
  • Transportation & Logistics

    FedEx offers COVID-19 tests to its Memphis employees, vendors

    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.

    By Wayne Risher July 10, 2020
  • Real Estate

    Planning board - again - approves Elvis Presley manufacturing site and Cooper-Young four-plex

    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.

    By Tom Bailey July 09, 2020
  • Business

    COVID-19 job cuts reach 1 in 4 workers

    Tennessee data showed 53,703 Shelby County residents and 256,645 Tennesseans were receiving unemployment benefits in the week ending July 4.

    By Wayne Risher July 09, 2020
  • Real Estate

    Google taps Southaven for first center of its kind in U.S.

    Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.

    By Tom Bailey July 09, 2020
  • Real Estate

    Senior living, warehouse projects will total $85M, documents show

    Building permit applications have been filed for a $35 million senior living facility in southeast Memphis and a $50 million warehouse near the airport.

    By Tom Bailey July 09, 2020
  • Health Care

    Supreme Court rules employer can deny birth control in health insurance

    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.

    By The Associated Press, Jane Roberts July 08, 2020
  • Business

    PPP loans offset COVID-19 losses for small businesses

    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.

    By Wayne Risher July 08, 2020
  • guest column Business

    Cryptocurrency scams are on the rise

    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.

    By Randy Hutchinson July 08, 2020
  • Downtown

    Post Office decommissioning Front Street Station, 10 years later

    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.

    By Wayne Risher July 08, 2020
  • Real Estate

    Event center proposed near Summer Ave. Corridor

    The applicant proposing The Stratford event center plans several measures to prevent the commercial activity from affecting residences nearby.

    By Tom Bailey July 07, 2020
  • Real Estate

    Raymond James takes another step from Downtown toward E. Memphis

    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.

    By Tom Bailey July 07, 2020
  • Health Care

    Pool analysis could cut COVID-19 testing costs in half; Memphis among first to apply

    Pool testing has been used for other diseases for decades; Memphis among first cities to apply for FDA emergency-use approval.

    By Jane Roberts July 07, 2020
  • Premium Real Estate

    Mixed-use development proposed for Poplar Plaza’s corner at Poplar & Highland

    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.

    By Tom Bailey July 07, 2020
  • Financial Services

    Paycheck Protection loan applications resume

    Paycheck Protection Program forgivable loan applications resume with Aug. 8 deadline and nearly $130 billion still left in the program till.

    By The Daily Memphian Staff July 06, 2020
  • Premium Real Estate

    5.11 Tactical aims for Memphis

    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.

    By Tom Bailey July 06, 2020
  • Real Estate

    Soybean field turned Square starts to take shape

    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. 

    By Tom Bailey July 06, 2020
  • Premium Transportation & Logistics

    FedEx fights to grow profits in pandemic

    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.

    By Wayne Risher July 06, 2020
  • Premium City of Memphis

    Exclusive: Corps of Engineers monitoring Tom Lee makeover

    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.

    By Wayne Risher July 06, 2020

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