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Business

  • Real Estate
  • Financial Services
  • Health Care
  • Transportation/Logistics
  • Movers and Shakers
  • Ford Megasite
  • Real Estate

    Paper & Clay plans move to South Main, seeks renovation grant

    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.

    By Tom Bailey August 12, 2020
  • Transportation & Logistics

    CEO says FedEx will stay on cutting edge

    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.

    By Wayne Risher August 12, 2020
  • Real Estate

    Downtown agency approves changes in how public money will help build The Walk

    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. 

    By Tom Bailey August 11, 2020
  • Business

    International Paper nets more cash from Graphic Packaging stake

    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.

    By Wayne Risher August 11, 2020
  • Real Estate

    Poplar Plaza’s proposed redevelopment concerns neighboring Red Acres

    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.

    By Tom Bailey August 11, 2020
  • Premium Transportation & Logistics

    FedEx leaders come up short on bonus targets

    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.

    By Wayne Risher August 10, 2020
  • Real Estate

    Memphis-area home sales rise a ‘pretty remarkable’ 1.9% in July

    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.

    By Tom Bailey August 10, 2020
  • Premium Real Estate

    Plans for convenience stores with fuel pop up across Memphis

    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.

    By Tom Bailey August 10, 2020
  • Business

    Working remotely puts focus on equipment

    Other tricks to improve connectivity and reliability include putting a rate limit on gaming consoles and paying for business-class connections.

    By Toni Lepeska August 13, 2020
  • Real Estate

    COVID-19 credit crunch could shrink hotel pipeline

    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.

    By Wayne Risher August 10, 2020
  • Health Care

    Entrepreneurial nurses build virtual clinic around telehealth

    Online practice offers appointments six days a week from acute care to helping people manage chronic disease.

    By Jane Roberts August 08, 2020
  • Health Care

    Tripwires set conditions for businesses to reopen; clarify rules for athletic events

    The new standards for reopening bars and allowing gatherings are based on trends in cases and positivity rates.

    By Jane Roberts August 10, 2020
  • Health Care

    Haushalter, Harris celebrate low numbers, look to marathon ahead

    Health department adds 141 employees, funded with CARES Act money that expires Dec. 31.

    By Jane Roberts August 08, 2020
  • Real Estate

    City pulls permit for new fleet maintenance shop

    The city applied for a building permit Aug. 5 for a $12 million fleet maintenance facility and fuel center at 3720 Knight Arnold Road in southeast Memphis.

    By Wayne Risher August 07, 2020
  • Premium Real Estate

    The Walk replaces ‘Union Row’ for big development’s branding

    Union Row's new name reflects Downtown’s walkability, emphasizes action over talk (walking the walk), and focuses on people, the developer says.

    By Tom Bailey August 07, 2020
  • Real Estate

    Collierville endorses Schilling Farms multifamily units

    The Planning Commission endorsed Boyle Investment Company's proposal of 256 multi-family units at Schilling Farms. The Water Tower District will add townhomes, duplexes, triplexes and flats to Schilling Farms.

    By Abigail Warren August 07, 2020
  • Premium Real Estate

    Work starts on Freddy’s in East Memphis

    The Wichita, Kansas-based chain first opened a Freddy's in the Memphis market in 2017, and now operates three restaurants in the area.

    By Tom Bailey August 06, 2020
  • Financial Services

    SBA releases PPP loan forgiveness guidelines

    There’s a possibility that a third application will be released, which would be a “super EZ” application for loans under a certain amount.

    By Christin Yates August 06, 2020
  • Business

    Labs improving turnaround times on COVID-19 tests

    The health department reported 235 new coronavirus cases Thursday. That’s the fifth consecutive day with fewer than 300 new cases, and the third consecutive day testing results were below 2,000.

    By Omer Yusuf August 06, 2020
  • Health Care

    Baptist nursing school now a university, adding second graduate program in ‘21

    The program will now offer 13 majors across several disciplines.

    By Jane Roberts August 07, 2020
  • Business

    ServiceMaster names new CEO, reports Q2 buoyed by termite, cleaning services

    ServiceMaster said strong growth in residential termite services paced results in the April-June quarter as the company dealt with unprecedented impacts of COVID-19.

    By Wayne Risher August 06, 2020
  • Premium Health Care

    Folk cures, pervasive in Hispanic community, no match for COVID-19

    José Lara was hospitalized this summer with COVID-19 and was treated with remdesivir at Methodist Hospital-North. His heart breaks for friends and family using folk remedies, including lemon juice.

    By Jane Roberts August 06, 2020
  • Business

    Frontdoor results steady in pandemic

    Revenues were up but so were costs as sheltering-at-home customers made more service requests for plumbing and appliances during the April-June quarter, the home service plan provider said.

    By Wayne Risher August 05, 2020
  • Premium Transportation & Logistics

    NTSB report cites likely cause of Wei Chen crash

    National Transportation Safety Board concludes Wei Chen probably became disoriented, lost control of aircraft before 2018 fatal crash.

    By Wayne Risher August 05, 2020
  • Real Estate

    The Ravine is about to take shape

    Construction is to start next week on the $1 million Phase I. The sunken, two-block-long former rail spur will become a space for gathering, entertainment, dining, playing and shopping in the Edge District.

    By Tom Bailey August 12, 2020

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