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Business

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  • Transportation & Logistics

    Big Cyber Monday can’t save FedEx from another earnings miss

    Memphis-based FedEx Corp. missed Wall Street earnings expectations for the September-November quarter and further reduced full-year earnings guidance.

    By Wayne Risher December 19, 2019
  • Business

    Jernigan Capital internalizes adviser group, Dean Jernigan to retire

    Dean Jernigan founded Storage USA in Memphis in 1984 before selling it and now will become a consultant for his latest self-storage company that bears his name.

    By Christin Yates January 09, 2020
  • Business

    Tipping Point: New Memphis Fellows help nonprofits solve problems

    This year, one Community Action Project focused on the use of data by Agape Child and Family Services.

    By Anna Cox Thompson December 17, 2019
  • Health Care

    ALSAC names new CFO

    New ALSAC CFO has extensive global experience with Abbott Laboratories.

    By The Daily Memphian Staff December 16, 2019
  • Transportation & Logistics

    Amazon limits Prime shipments via FedEx by third-party sellers

    FedEx says Amazon could hurt small businesses by banning the e-commerce giant's third-party sellers from shipping Prime packages through FedEx Ground and FedEx Home Delivery networks starting this week.

    By Wayne Risher December 17, 2019
  • Health Care

    Senior medical centers coming to Whitehaven, Sea Isle

    ChenMed plans to open multiple locations in each of its five new markets, including three in Memphis.

    By Elle Perry December 16, 2019
  • Transportation & Logistics

    Delta bringing back Salt Lake City nonstop after 5-year absence

    Delta Air Lines will add a Salt Lake City nonstop from Memphis International Airport next July, its first new destination from Memphis since it ceased hub operations in 2013.

    By Wayne Risher December 17, 2019
  • Premium Transportation & Logistics

    FedEx second quarter earnings expected to be down nearly 30%

    FedEx reports earnings for second quarter fiscal 2020 after U.S. financial markets close on Tuesday, Dec. 17. Analysts expect earnings to be down nearly 30% from a year earlier.

    By Wayne Risher December 16, 2019
  • Health Care

    UTHSC sickle cell researcher on ground floor in latest FDA approvals

    For years sickle cell has been treated simply with pain medicine, but new research breakthroughs are producing therapies that can really attack the disease and improve lives.

    By Jane Roberts December 16, 2019
  • Business

    Korean transformer company, AutoZone seek tax breaks

    The EDGE board will consider tax incentives for a company that will occupy the Memphis Mitsubishi plant and an additional $1.9 million for AutoZone.

    By Tom Bailey December 13, 2019
  • Premium Health Care

    Methodist acquisition of St. Francis could tighten insurance options

    Former CEO of St. Francis in Memphis talks about insurance in the Memphis market and how it and other facets of health care will be impacted by Methodist buying Saint Francis hospitals.

    By Jane Roberts March 05, 2020
  • Business

    Korean conglomerate to buy Mitsubishi plant, create 410 Memphis jobs

    A Korean company will make an $87 million investment and establish its first presence in the U.S. in Memphis.

    By Tom Bailey December 13, 2019
  • Real Estate

    New hotel approved for East Memphis

    Plans for a five-story, 98-room Residence Inn by Marriott still need approval from the Memphis City Council.

    By Tom Bailey December 13, 2019
  • Downtown

    Downtown incentive projects hit ‘all-time high’ in 2019

    Downtown Memphis Commission-affiliated agencies provided incentives to 52 projects, from mega-projects to mom-and-pop retailers, during 2019. That was the most activity ever for the 42-year-old Downtown revitalization agency.

    By Wayne Risher December 13, 2019
  • Business

    Loews Hotel plan for Central Police Station gets board approval

    The Loews Hotel plan would replace the back part of the historic Central Police Station with meeting and event, delivery and parking spaces.

    By Tom Bailey December 12, 2019
  • Business

    Memphis cracks top 10 for housing market in 2020

    Combination of home sales and price increase puts Bluff City in top 10 of U.S. housing markets for 2020 in what otherwise is expected to be slower year.

    By The Daily Memphian Staff December 12, 2019
  • Business

    Permit sought for $124M facility Amazon hasn’t acknowledged

    A developer on Wednesday filed for a construction permit to build a $124.2 million "sort facility/warehouse" that Amazon declines to confirm.

    By Tom Bailey December 12, 2019
  • Spirit of Memphis

    Charlie Newman’s quiet influence profoundly changed Memphis

    The Memphis Bar Association gave its Judge Jerome Turner Lawyer's Lawyer Award to Charlie Newman, the conservationist-minded lawyer at Burch, Porter & Johnson whose work has changed the city's landscape. 

    By Jane Roberts December 12, 2019
  • Business

    Shelby Farms Park architect receives highest honor

    Marlon Blackwell, who designed the buildings for the "Heart of the Park" renovation, has received the 2020 Gold Medal from the American Institute of Architects.

    By Tom Bailey December 11, 2019
  • Business

    DMC board eyes closing loophole that allowed appeals by Peabody Falls critics

    The Downtown Memphis Commission has pulled from the agenda of its Thursday, Dec. 12, meeting a proposed bylaws change limiting appeals of design review board decisions to project applicants.

    By Wayne Risher December 12, 2019
  • Real Estate

    Oaksedge senior-living project may take new direction

    Plans for the $89.3 million Reserve at Oaksedge, near Dixon Gallery & Gardens, may take "a different direction."

    By Tom Bailey December 11, 2019
  • Transportation & Logistics

    Pipeline operator rolling out plans for Byhalia Connection

    Byhalia Pipeline LLC aims to build a crude oil pipeline across 45 miles of Shelby, DeSoto and Marshall counties to bridge a key gap in a national network.

    By Wayne Risher December 11, 2019
  • Premium Real Estate

    City adds ideas for Overton Park buildings

    The city this week issued a request for proposals to fill upcoming vacancies at the Rust Hall and Brooks Museum buildings in Overton Park. The new timeline shows final choices will be made by next spring. 

    By Tom Bailey December 11, 2019
  • Movers and Shakers

    Movers & Shakers

    Inferno has appointed Eric Taylor as account executive and Taylor McPherson as public relations coordinator. 

    By The Daily Memphian Staff December 11, 2019
  • Business

    Fogelman plays Santa at Eastgate

    Memphian and former owner of the Kansas City Royals pays off layaway balances for 200 shoppers at Burlington.

    By The Daily Memphian Staff December 10, 2019

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