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Business

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  • Premium Real Estate

    Madison@McLean turns corner, with geography a key amenity

    New residents of Midtown's Madison@McLean Apartments are expected to begin moving in by December. 

    By Tom Bailey September 02, 2020
  • Business

    Peabody lays off 57 workers

    The Peabody has formally laid off 57 workers who had previously been off the job on furloughs, as COVID-19 continued to ravage the hospitality and tourism sector.

    By Wayne Risher September 02, 2020
  • Business

    Terminix, ServiceMaster Brands parting in $1.55 billion deal

    Terminix revenue was growing at 9% a year, more than double the rate of ServiceMaster Brands companies, when the board decided to pursue the divestiture.

    By Wayne Risher September 04, 2020
  • Business

    U of M ranks first time in WSJ/Times Higher Education world ranking

    U of M also a finalist for Association of Public and Land-grant Universities annual Innovation & Economic Prosperity awards.

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

    Germantown Planning Commission endorses rezoning along Neshoba, cell tower

    Germantown's Planning Commission reviewed a rezoning request and a cell tower on Tuesday night. Commissioners gave favorable reviews to both.

    By Abigail Warren September 01, 2020
  • Real Estate

    Anshei Sphard-Beth El Emeth sells its historic synagogue

    Real estate company Worldwide Property Hub buys congregation's East Memphis property for $1.5 million.

    By Tom Bailey September 07, 2020
  • Business

    U of M may increase on-campus classes Sept. 14

    With coronavirus cases dropping, the University of Memphis may bring more students back to campus as early as Sept. 14, though the university says it may not be able to accommodate all faculty requests to return classes to campus.

    By Jane Roberts September 01, 2020
  • Real Estate

    Senior living facility proposed off U.S. 64; 12 home lots planned for Cooper-Young

    A national developer plans to modify the Morning Woods Planned Development at U.S. 64 and Davies Plantation so a new senior-living facility can be built on 8 acres there. 

    By Tom Bailey September 01, 2020
  • Real Estate

    New plan improves views for Parkside at Shelby Farms residents

    Developers of Parkside at Shelby Farms are seeking approval to tweak the site plan for their $375 million planned development overlooking the north edge of Shelby Farms Park.

    By Tom Bailey September 01, 2020
  • Transportation & Logistics

    Memphis airport wins $64 million for upgrades

    An Airport Improvement Program grant announced Tuesday, Sept. 1, would provide $23 million this year and another $41.5 million subject to future appropriations over the next two years.

    By Wayne Risher September 01, 2020
  • Real Estate

    One Beale’s proposed water fountain heads to design board

    Iron Tribe Fitness proposes to erect a wall-mounted sign on the roof line of the former Gibson Guitar plant where it will be a tenant in the new FedEx Logistics headquarters building.

    By Tom Bailey September 01, 2020
  • Health Care

    Student-made COVID-19 treatments at Rhodes fill pipeline

    Assistant professor Shana Stoddard is helping students design antiviral compounds for COVID-19, raising the bar for what remote learning can be.

    By Jane Roberts September 01, 2020
  • Business

    Terminix execs tapped for $1 million stock awards

    ServiceMaster Global Holdings Inc. approves equity retention awards valued at $1 million apiece for the presidents of Terminix Residential and Terminix Commercial.

    By The Daily Memphian Staff August 31, 2020
  • Update Financial Services

    First Commercial Bank expands to Memphis with local talent

    First Commercial operations will include Memphis banking veterans including Sam Jenkins, who will run Memphis operations for the bank.

    By Christin Yates September 01, 2020
  • Update Business

    Miss USA, Graceland-style, set in November

    The Miss USA pageant will be broadcast from Graceland on Nov. 9, the Miss Universe Organization announced Monday, Aug. 31.

    By Wayne Risher August 31, 2020
  • Business

    BBB: Don’t fall for a mortgage relief scam

    According to Black Knight, a mortgage technology and data provider, mortgage delinquencies almost doubled in April. That’s fodder for mortgage relief scammers.

    By Randy Hutchinson August 31, 2020
  • Business

    COVID-19 has changed the way we shop

    Online car dealer Carvana has seen its stock price rise more than 700% since the pandemic started in March. 

    By Toni Lepeska August 31, 2020
  • Premium Business

    Bed bugs itching for post-COVID comeback

    Pest control experts have seen a temporary reduction in bed bug infestations because of COVID-19's impact on personal mobility, but they expect the bugs to make a comeback.

    By Wayne Risher August 30, 2020
  • Transportation & Logistics

    Delta’s Memphis-Indy nonstop coming back

    Delta Air Lines will offer nonstop service between Memphis and Indianapolis starting Oct. 1.

    By Wayne Risher August 29, 2020
  • Real Estate

    U of M, ‘private entity’ plan dorm-like development stretching from Central to Poplar

    The Office of Planning & Development says the zoning on Deloach prohibits the proposed development totaling 135 units and 529 bedrooms. But the U of M contends it is exempt from zoning regulations.

    By Tom Bailey August 28, 2020
  • Health Care

    Quick, $5 antigen tests expected in Shelby County next month

    The U.S. government purchased 150 million rapid-result antigen tests; up to a million are set aside for Tennessee.

    By Jane Roberts August 28, 2020
  • Financial Services

    Profitability of Memphis banks falls in Q2, still exceeds national average

    Commercial banks and savings institutions nationally saw a decrease in net income of 70% from a year ago, according to a new report by the FDIC.

    By Christin Yates August 28, 2020
  • Business

    Frayser pair survived COVID-19, but wonder if business can endure

    James and Peggy Jefferson were both diagnosed with and recovered from coronavirus in June. Now they can focus on keeping their business, Sherrod’s Furniture and Variety Store, afloat.

    By Omer Yusuf August 28, 2020
  • Health Care

    Stryker extends Wright Medical bid 4th time

    Medical device maker Stryker has extended its $5.4 billion offer to buy Wright Medical for a fourth time, to Sept. 30.

    By Wayne Risher August 28, 2020
  • Business

    Research gains fuel U of M hopes for Carnegie R1 status

    Federal grants on campus are up 50% and now account for more than 75% of the university's outside research funding.

    By Jane Roberts August 31, 2020

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