Downtown agency rushes love and money to distressed businesses
Twenty Downtown businesses severely impacted by the coronavirus pandemic have now received forgivable loans totaling $135,000.
Twenty Downtown businesses severely impacted by the coronavirus pandemic have now received forgivable loans totaling $135,000.
Elective surgery bans — in place in Tennessee since March 19 — have left big holes in hospital budgets. Outpatient procedures account for about 45% of hospital revenue in Memphis.
The Viking Mississippi, a 386-passenger, custom-built vessel, is scheduled to begin cruising the Mississippi River in August 2022.
Tennessee reported jobless claims from the Memphis area rose 12,216 in the week ending April 11, making a four-week total of 44,571 since COVID-19 settled in.
The questions of how bad the economy could get still persist, making future Beige Book reports important for signs of how long the carnage could last.
In today’s coronavirus crisis, crooks impersonating the government promise seniors government grants and stimulus payments in exchange for an upfront fee or confidential information they’ll use to commit identity theft.
In Memphis, 75% of the fatal cases have been African Americans. The underlying health disparities that make them vulnerable aren't new; coronavirus reveals the repercussions.
Greater Memphis Chamber has retooled a live, monthly, members-only small business program to a twice-a-week, virtual, free presentation to help businesses navigate COVID-19 recovery. It begins Thursday, April 16.
The EDGE board on Wednesday approved a $1 million fund for Neighborhood Emergency Economic Development grants to coronavirus-impacted businesses in distressed neighborhoods. EDGE immediately began accepting applications.
Twelve more Downtown businesses have applied for forgivable loans totaling $79,900 and which are designed to help them survive the effects of COVID-19.
The Memphis airport has gone from 6,000-plus passengers and 80-90 flights a day to 20 or fewer flights and a few hundred passengers as COVID-19 hammers air travel.
Applications were filed this week to build two different kinds of apartment developments, one for the working poor and the other for tenants who will have good views of Overton Park.
Some local chiropractors have stayed open, while others have closed due to coronavirus concerns. The balance of safety and pain relief make the decision extremely difficult.
This is usually a good time of year for Memphis Airbnb hosts to be booked for months, but they are losings thousands of dollars in income until travel resumes.
BlueCross BlueShield of Tennessee has named Chelsea Johnson as its director of community relations and BlueCross Foundation.
Amazon says it has met its goal of hiring an additional 100,000 people in the U.S. over the past month, including 2,000 in Tennessee.
When researchers see a lull in new cases, they look to how well social distancing was going two weeks earlier.
The Fresh Market, following CDC recommendations to cover your face, is the first grocery in town asking that shoppers put on face masks before coming in the store.
The state also says it has opened the unemployment claims process to self-employed, freelancers and gig economy workers who are newly qualified for benefits because of the CARES Act.
Memphis International Airport expects to receive $24.6 million from the federal CARES Act in April to help offset some of the airport's losses due to the coronavirus pandemic.
Scott Briggs, a laid off bartender in Memphis, borrowed a truck and turned his misfortune into a lawn care business that can pay the bills.
Memphis staple Oak Hall is using tailors to make masks and is donating about 1,200 of them to Church Health.
Medtronic's U.S. distribution network, which runs through Memphis, is moving ventilators made in Galway, Ireland, to hospitals battling coronavirus.
Acting with a sense of urgency, the Center City Development Corp. board approved the first forgivable loans for eight Downtown businesses that have been disrupted by COVID-19.
The working capital for small businesses is partially a response to complaints from local businesses that they either can't reach the Small Business Administration or their bankers for help in getting federal stimulus funds or they have been denied the federal funding.