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Business

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  • Business

    Behind the Headlines Podcast: Coronavirus impact on business and future developments

    Darrell Cobbins and Kemp Conrad join host Eric Barnes to discuss the COVID-19 pandemic in Memphis, including the impact it has had on businesses and future developments.

    By Eric Barnes May 08, 2020
  • Business

    10 more businesses receive NEED grants

    EDGE has approved $121,500 in NEED grants for 21 neighborhood businesses to date, 19 of those being minority and women-owned businesses.

    By The Daily Memphian Staff May 08, 2020
  • Health Care

    ALSAC cuts 160 jobs nationwide

    The cuts do not include a reduction to St. Jude's hospital staff. 

    By Jane Roberts May 08, 2020
  • Financial Services

    Second round of PPP funds to soon run out

    The second round of the Paycheck Protection Program's forgivable-loan funds is running out. Banks are scrambling to help small businesses before the money is gone.

    By Christin Yates May 08, 2020
  • Business

    Colleges make flexible plans for fall semester as situation remains fluid

    Rhodes College, University of Memphis and Christian Brothers University leaders hope life returns to normal when the fall semester should begin, but they are making contingency plans.

    By Jane Roberts May 08, 2020
  • Real Estate

    As art school winds down, what’s next for Rust Hall, Brooks buildings?

    The pandemic may be delaying the city's process for selecting the next users of Rust Hall and the Brooks Museum of Art building in Overton Park.

    By Tom Bailey May 08, 2020
  • Business

    Beale Street reopening rules keep booze, music indoors

    City and Beale Street management officials announced a limited reopening of Beale Street restaurants and shops under a plan that bars outdoor drinking and music.

    By Wayne Risher May 08, 2020
  • Business

    ServiceMaster trims workforce, withdraws guidance due to COVID-19 impact

    Interim CEO Naren Gursahaney voluntarily reduces salary 25% and is optimistic the company is well-positioned to endure the pandemic. 

    By Christin Yates May 08, 2020
  • Real Estate

    April home sales drop (only) 15%

    Yes, the pandemic pushed home sales down substantially. But the agents still completed 1,456 transactions under trying conditions. And this weekend, look for the return of open houses.

    By Tom Bailey May 08, 2020
  • Business

    Memphis area unemployment claims continue to flow in

    The number of jobless claims from Memphis and adjoining counties was flat, above 8,200 for the straight second week, as claims statewide and nationally continued to fall.

    By Wayne Risher May 07, 2020
  • Business

    Salons, barbershops return at a fast clip

    Distancing requirements force operational changes to maintain safety, but give stylists more access to clients. 

    By Michael Waddell May 07, 2020
  • Premium Business

    Florists, other retailers hopeful Mother’s Day sales bloom

    One florist says sales are down 50% to 70% at local shops the past two months, but business has been picking up closer to Mother's Day.

    By Toni Lepeska May 07, 2020
  • Real Estate

    ‘Go-getters’ bringing tractor dealership to Memphis market

    Just 33 years old, twins Ron and Don Parks of Union City will soon start building their fifth dealership of farm and lawn equipment, and their first in the Memphis market.

    By Tom Bailey May 08, 2020
  • Business

    Avenue Coffee’s final goodbye

    A sense of community built over six years at the coffee shop will leave lasting memories for customers and those who worked there.

    By Dima Amro May 07, 2020
  • Real Estate

    Mid-America Apartments earnings tick up slightly despite COVID-19

    MAA reported revenues and expenses ticked up slightly, while the COVID-19 pandemic started to affect the multifamily rental business as the first quarter closed.

    By Wayne Risher May 06, 2020
  • Business

    New FMI food exchange launched, powered by The Seam

    New exchange will give buyers and sellers real-time data to enhance efficiencies within the food supply chain.

    By The Daily Memphian Staff May 06, 2020
  • Health Care

    Internationally known neurologist leads new center at St. Jude

    Later this year, St. Jude expects to accept patients for clinical trials in pediatric neurology.

    By Jane Roberts May 06, 2020
  • Business

    Highline shifts gears to provide needed disinfectant, hand sanitizer

    Highline Aftermarket found solutions to take back a little control over the virus while helping maintain its workforce and producing needed products. 

    By Erinn Figg May 06, 2020
  • Financial Services

    Stimulus check: Pay to the order of deceased Memphian

    James D. "Jimmy" Edwards died on Oct. 23, 2018. This week, a $1,200 stimulus check arrived in the mail for the late Memphian.

    By Tom Bailey May 06, 2020
  • Movers and Shakers

    Movers & Shakers

    Lehman-Roberts Co. and sister company Memphis Stone & Gravel, a leader in the highway paving, construction, asphalt and aggregate industry, has promoted Pitt Kimbrough to Incoming Materials Manager. 

    By The Daily Memphian Staff May 06, 2020
  • Update Real Estate

    UPDATED: Revised plan changes parking for OaksEdge

    Developers of the upscale, senior-living development in East Memphis are dropping plans for underground parking and instead want to build a surface parking lot, eliminating 10 cottages but speeding up construction. 

    By Tom Bailey May 06, 2020
  • Real Estate

    Dual-branded hotel proposed for Union/I-240

    The owners of the old Econo Lodge near Union and Interstate 240 want to raze it and build a dual-branded hotel: Townplace Suites and Fairfield Inn & Suites. 

    By Tom Bailey May 05, 2020
  • Health Care

    Memphis shows 5% positive COVID antibody rate; critics question test accuracy

    FDA cracks down on testing process, says "flexibility never meant we would allow fraud." 

    By Jane Roberts May 06, 2020
  • Business

    Tourism industry marks milestone sans visitors

    Memphis Tourism is encouraging Memphians to virtually celebrate National Travel and Tourism Week 2020. The focus is "resilience and hope in the face of the coronavirus pandemic."

    By The Daily Memphian Staff May 04, 2020
  • Business

    Calkins: Reopen Memphis? Empty shops and restaurants show it’ll take more than mayors to do that

    The government didn't shut down the economy. COVID-19 did that. So it'll take more than the government to open Memphis back up. 

    By Geoff Calkins May 05, 2020

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