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Business

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  • Business

    Memphis clears key hurdle in water rights dispute

    There may be light at the end of the tunnel in Mississippi’s long-running challenge of Memphis’ right to withdraw water from Middle Claiborne Aquifer. 

    By Wayne Risher November 10, 2020
  • Real Estate

    No changes planned for The Citizen

    The partnership that built The Citizen in the heart of Midtown is selling it to a Carlisle Corp. entity, but no changes in operations are planned, a Downtown agency was told.

    By Tom Bailey November 10, 2020
  • Real Estate

    Downtown’s $62M ‘mobility’ plan moves forward

    Despite a few questions, the Center City Revenue Finance Corp. board voted unanimously to fund a $62 million plan to improve parking, walking and cycling Downtown. The City Council and County Commission still must approve the project.

    By Tom Bailey November 10, 2020
  • Transportation & Logistics

    Memphis invention — chopstick robot — may halve time to unload trailers

    A new company based in Crosstown Concourse believes it has invented a robot that will solve a stubborn problem for the logistics industry: Unloading boxes from trailers and shipping containers in a speedy way.

    By Tom Bailey November 10, 2020
  • Business

    Hampline Brewing Co. coming to Binghampton

    The brewery already has installed “state of the art” brewing systems and plans to open this winter behind the Rec Room at 584 Tillman St. this winter.

    By Tom Bailey November 09, 2020
  • Business

    Memphis self-storage firm taken private by NexPoint

    Extra Space Storage bought $300 million of Jernigan Capital preferred shares, gaining control of 37 properties as Jernigan was bought by private equity firm NexPoint Advisors.

    By Wayne Risher November 09, 2020
  • Update Health Care

    Pfizer announces 90% effective COVID vaccine; FedEx set to deliver

    By the third week in November, Pfizer expects it will have the final data required to apply to the FDA for emergency-use authorization.

    By Jane Roberts and Wayne Risher November 09, 2020
  • Business

    Contractors busy, but scrambling to stay that way

    A sampling of businesses in the Memphis construction sector shows revenues down because of COVID-19 and businesses concerned about lining up projects for next year and beyond.

    By Wayne Risher November 09, 2020
  • Business

    Two big names in technology invest in local workforce

    Dana James Mwangi, founder of Cheers Creative, which provides brand design, logo development and website services, is the Grow with Google Digital coach for Memphis. 

    By Christin Yates November 08, 2020
  • Business

    St. Vincent de Paul food mission seeks permit to shelter homeless, too

    Volunteers and a small staff have been serving morning meals for eight years at the Ozanam Center, 1306 Monroe Ave. Now the Catholic lay organization plans to work with Room In The Inn to shelter homeless women and children each night.

    By Tom Bailey November 09, 2020
  • Health Care

    Webinar offers support and advice for dementia and Alzheimer’s patient caregivers

    The previously in-person conference has been replaced by a two-hour webinar, another casualty of the coronavirus.

    By Linda A. Moore November 07, 2020
  • Business

    Arlington Animal Clinic moves to new home

    With a larger new building on Airline Road, Arlington Animal Clinic is expanding its practice under Dr. Monica Schoknecht.

    By Michael Waddell November 07, 2020
  • 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

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