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Business

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  • Transportation & Logistics

    Memphis airport cargo up 7.9%, powered by FedEx

    Both domestic and international air freight showed strong gains at Memphis International Airport in May, reflecting a surge in shipping activity related to COVID-19.

    By Wayne Risher June 19, 2020
  • Business

    Alabama group buying USA Stadium and GameDay in Cordova

    Upper Deck Sports, LLC, out of Huntsville, Alabama, is buying GameDay Baseball in Cordova and USA Stadium in Millington and making a $5 million investment, when including renovations to the facilities. 

    By Don Wade June 19, 2020
  • Business

    Trap Fusion snags emergency cash for COVID-19 comeback

    Restaurants have accounted for 21% of COVID-19 emergency grants for small businesses in economically distressed Memphis neighborhoods. Whitehaven eatery Trap Fusion joined the group on Friday, June 19.

    By Wayne Risher June 19, 2020
  • Business

    Binghampton’s first grocery store to close June 30

    Two years after opening the first grocery in Binghampton, the Save-A-Lot at Tillman and Sam Cooper is closing at the end of the month.

    By Omer Yusuf June 19, 2020
  • Premium Business

    Eviction-aid program could reduce homelessness long term

    A new, local program will offer free legal representation and housing counseling to renters facing pandemic-related evictions. Participating landlords will be paid negotiated settlements. And the court that handles evictions is participating.

    By Tom Bailey June 18, 2020
  • Business

    Unemployment still double digits, but down from record 15.5%

    Tennessee gained nearly 94,000 nonfarm jobs in May, but total jobs were down nearly 266,000 from a year earlier, reflecting COVID-19's devastation of hospitality, manufacturing and services sectors.

    By Wayne Risher June 18, 2020
  • Financial Services

    Memphis banks’ earnings down in Q1, above national average

    Loan-loss provisions significantly impacted earnings as banks responded to potential credit problems due to the pandemic.

    By Christin Yates June 18, 2020
  • Transportation & Logistics

    Airport has travelers covered with 200,000 complimentary masks

    Memphis International Airport's supply of 200,000 fabric face masks comes courtesy of the Federal Emergency Management Agency. The washable, 3-ply, all-cotton mask is made by HanesBrands.

    By Wayne Risher June 18, 2020
  • Premium Health Care

    Doctors here waiting for proof of dexamethasone power

    Dexamethasone is a commonly used steriod, widely available and inexpensive. It shows promise of being a big breakthrough for the sickest patients, including people on ventilators.

    By Jane Roberts June 18, 2020
  • Spirit of Memphis

    Cobblestone landing project will leave 160-year-old stones unturned

    The design includes two pedestrian overlooks on the west side of Riverside Drive at Monroe and at Union and a six-foot-wide, wheelchair-accessible walkway on the eastern, upper edge of the landing between Court and Monroe.

    By Wayne Risher June 18, 2020
  • Business

    Hilton Worldwide’s COVID-19 job cuts expected to hit home in Memphis

    Hilton Worldwide officials didn't say how many jobs would be lost at the company's Memphis operations headquarters, which employs about 1,100. The company is trimming 22% of corporate jobs.

    By Wayne Risher June 17, 2020
  • Business

    Protect Our Aquifer taps Jim Kovarik as executive director

    Protect Our Aquifer, which is dedicated to protecting the Memphis Sand Aquifer that provides the region with drinking water, has hired its first executive director, Jim Kovarik.

    By Wayne Risher November 10, 2020
  • Real Estate

    Agency makes grants more affordable to South City businesses

    South City businesses and nonprofits now need only to make a 10% match – instead of 25% – to receive up to a $50,000 grant to improve the exterior of their buildings.

    By Tom Bailey June 17, 2020
  • Real Estate

    Developer steps closer to renovation of Edge District’s Glass Factory

    The $2.5 million renovation will prepare space for Memphis Made Brewing along the planned Ravine linear park.

    By Tom Bailey June 17, 2020
  • Premium Business

    What’s hot? Dry ice sales for nexAir

    Social distancing has meant the shipping of more food to the front doors of more people. Which means Memphis-based nexAir is selling more dry ice. 

    By Tom Bailey June 17, 2020
  • Movers and Shakers

    Movers & Shakers

    Seeding Success, a Memphis-based nonprofit that works to improve outcomes for children in Memphis and Shelby County from cradle to career, recently welcomed Reggie Davis as its new Beyond the Classroom Director.

    By The Daily Memphian Staff June 17, 2020
  • Business

    House gives schools, businesses protection from COVID lawsuits

    The state House voted 80-9 Tuesday to give schools, businesses and hospitals broader protections against the potential for "frivolous lawsuits" tied to the COVID-19 pandemic.

    By Sam Stockard June 18, 2020
  • Transportation & Logistics

    Memphis artists dominate airport’s public art competition

    Memphis International Airport and the UrbanArt Commission named winners Tuesday, June 16, in the competition for public art in the modernized B Concourse.

    By Wayne Risher June 17, 2020
  • Business

    After nearly 50 years, Oden will close its doors

    Oden called some of the largest corporations in Memphis clients during its long run as a marketing and advertising agency.

    By Christin Yates June 17, 2020
  • Premium Business

    Court cases now on screens, so are dozens of U of M law school externs

    Judges, law clerks and private firms across the city have retooled their externship programs for this virtual age.

    By Jane Roberts June 17, 2020
  • Health Care

    Pandemic disrupts vaccination schedules; 700 need shots in Frayser alone

    UTHSC and Le Bonheur are setting up a free shot clinic in Frayser to help catch children up on vaccines before school.

    By Jane Roberts June 16, 2020
  • Guest Column Business

    We’re all responsible for safe workplaces

    As we move along on reopening the “Weconomy,” employers and employees need to understand that both have crucial roles to play in making reopening safe.

    By Alan Crone June 15, 2020
  • Real Estate

    Chief judge: Court strives for compassion in pandemic-related eviction cases

    General Sessions Civil Court resumed in-person hearings Monday with nearly 300 eviction cases on the docket for the day. But don’t construe that to mean the court is like some “assembly line or factory,” the chief judge says.

    By Tom Bailey June 16, 2020
  • Financial Services

    First Horizon, Iberiabank merger gains regulatory approval

    After closing, approximately 56% of the combined company will be held by legacy First Horizon shareholders and approximately 44% will be held by legacy Iberiabank shareholders.

    By The Daily Memphian Staff June 15, 2020
  • Real Estate

    Pilgrim, Tiger and Peacock to be part of The Memphian hotel in Overton Square

    Developers of the 106-room boutique hotel have just rolled out some of the branding and concepts for the hotel that already towers over Overton Square.

    By Tom Bailey June 15, 2020

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