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Business

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  • Podcast Business

    How the Memphis Medical District is coping during the shutdown

    MMDC’s President Tommy Pacello talks about the group’s effort to support small businesses, residents in need, and future development on this week’s Extra Podcast.

    By Eric Barnes June 04, 2020
  • Real Estate

    Crosstown’s curved, former flea market to become medical clinic

    The space that formerly housed the Cleveland Street Flea Market at 438 N. Cleveland is to become a medical clinic with a variety of services, a building document shows.

    By Tom Bailey June 04, 2020
  • Business

    Stream of jobless claims slows as business rebounds

    Tennessee reported 5,676 new unemployment claims from the Memphis area in week ending May 30, for total of 97,696 since COVID-19 began causing massive layoffs and business closings.

    By Wayne Risher June 04, 2020
  • Premium Real Estate

    Improved apartments, rising rent may force refugees from Binghampton

    Some see new investment and neighborhood improvements that can lift the area's quality of life. Others see rising rents and property values that displace neighbors who cannot afford to stay. One or both is happening at Binghampton's Woodcrest Apartments. 

    By Tom Bailey June 05, 2020
  • Business

    Senate passes fix for small-business coronavirus relief

    The new measure gives business owners 24 weeks to spend the federal aid — instead of eight as originally designed — and extends the program through the end of the year while also lengthening the maturity date and deferral period of the loans.

    By The Associated Press June 03, 2020
  • Transportation & Logistics

    FedEx unveils COVID-19 peak surcharge

    FedEx is adding a 30 cents-a-package surcharge for some residential deliveries as a result of a volume spike associated with the COVID-19 pandemic.

    By Wayne Risher June 03, 2020
  • Business

    Memphis tourism keeps eye on protests as COVID-19 recovery inches forward

    Civil rights protests create another headwind for Memphis Tourism's push to rebuild demand for hotels, attractions and restaurants after COVID-19 flattened travel.

    By Wayne Risher June 04, 2020
  • Business

    U of M plans master’s degree in nonprofit management

    With an assist from ALSAC and St. Jude Children’s Research Hospital, the University of Memphis plans to offer an interdisciplinary online master’s degree in nonprofit management, which could begin in January 2021.

    By Jane Roberts June 08, 2020
  • Business

    U of M expects to lose $15 million in state funding due to COVID losses

    Staff likely will not get 1.5% pay hike; tuition not expected to rise.

    By Jane Roberts June 04, 2020
  • Movers and Shakers

    Movers & Shakers

    Methodist Le Bonheur Healthcare recently announced two key executive leadership appointments.

    By The Daily Memphian Staff June 03, 2020
  • Real Estate

    New apartments, retail proposed next to Overton Square

    The mixed-use development comprises 29 apartment units and nearly 4,000 square feet of retail space.

    By Tom Bailey June 02, 2020
  • Update Business

    State to inject $200M into small businesses forced to close in pandemic

    The Department of Revenue will look at the sales taxes reported by businesses statewide and prepare to make payments ranging from $2,500 for the smallest to $30,000 for the largest ones, as the state distributes federal CARES Act funds.

    By Sam Stockard June 03, 2020
  • Real Estate

    Prospect of looters keeps board-up business busy

    A normal Memphis job for 1-800-BoardUp is being called to board up a business after a fire or storm. This week, the storm is civil unrest. Or the fear of it.

    By Tom Bailey June 03, 2020
  • Health Care

    City’s plan to test 30,000 a day has critics

    As Memphis sees a spike in coronavirus cases and plans move forward to expand testing, some medical professionals say it's not a great idea because of the risk of false-positive results.

    By Jane Roberts June 02, 2020
  • Business

    Interfaith leaders call for conversation about racism

    Memphis faith leaders and social justice advocates called Tuesday, June 2, for a meeting with top Memphis and law enforcement officials to address racist roots of violence against black people.

    By Wayne Risher June 03, 2020
  • Health Care

    Spikes in OD rates sign of anguish across county

    IAC Associates has extended its addiction help at Baptist Memorial Health Care, including a hotline it opened recently.

    By Jane Roberts June 02, 2020
  • Premium Health Care

    Doctors warn of serious late-virus reaction in children

    Of the more than 350 children in Shelby County who have tested positive for COVID-19, a tiny handful have developed what appears to be a form of Kawasaki disease, the autoimmune disease that causes blood vessels to inflame. Symptoms include persistent high fever and abdominal pain.

    By Jane Roberts June 02, 2020
  • Transportation & Logistics

    FedEx execs moving up as Alan Graf succession unfolds

    Alan Graf's plan to retire later this year as FedEx CFO means promotions for Michael Lenz, Bert Nappier, Karen Reddington and Kawal Preet.

    By Wayne Risher June 01, 2020
  • Transportation & Logistics

    FedEx leaders speak out after St. Louis protester death

    FedEx Corp.'s top two executives reassured U.S. employees and global leadership Monday, June 1, of the company's commitment to combating racism and other biases and promoting a diverse workforce.

    By Wayne Risher June 01, 2020
  • Health Care

    Health Department halts distribution of free face masks

    Questions arise about the safety of odor-fighting Silvadur applied to the masks, which diminishes in the fabric with washings.

    By Jane Roberts, Sam Stockard June 02, 2020
  • Business

    Joymaker conference offers strategies for home office happiness

    Lori Spicer Robertson found a way to keep her family engaged in isolation. With her Joymaker conference, she hopes to help others share strategies for work-life balance during the pandemic.

    By Jared Boyd June 01, 2020
  • Premium Transportation & Logistics

    Amazon Air plays catchup with FedEx, UPS

    New research from DePaul University examines the rise of Amazon Air and the possibility that the e-commerce giant could eventually compete directly with FedEx Express and UPS Air.

    By Wayne Risher June 01, 2020
  • Business

    Major retailers close some stores amid protests, but not in Memphis area

    No Memphis stores The Daily Memphian called on have closed due to protest unrest.

    By The Associated Press, Abigail Warren May 31, 2020
  • Business

    Indigo Ag, Anheuser-Busch tout results of rice-growing experiment

    Indigo’s Memphis-based rice team helped supply the giant beer-maker with a key ingredient. The Arkansas rice was grown with less water and by creating less methane that is harmful to the atmosphere. And growers profited more.

    By Tom Bailey May 31, 2020
  • Transportation & Logistics

    FedEx freezes share buybacks, dividends under credit easing

    FedEx said share repurchases and dividends will be frozen until May 31, 2021, under a credit agreement intended to provide more liquidity and financial flexibility during the COVID-19 pandemic.

    By Wayne Risher May 29, 2020

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