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Business

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  • Financial Services

    Economic uncertainty keeping lid on growth, latest Beige Book shows

    Recent interest rate cuts haven't created the surge in economic activity many were hoping for, but local sources don't see further cuts anytime soon. 

    By Christin Yates December 03, 2019
  • Health Care

    Medical device community says area needs to step up against growing competition

    The Memphis area needs to take advantage of its strengths and address its shortcomings to avoid falling behind in the medical device industry, those attending a gathering this week agreed.

    By Michael Waddell December 03, 2019
  • Premium Transportation & Logistics

    FedEx hums along near full capacity despite Amazon split

    FedEx marked what was expected to be one of its busiest days in history on Monday, Dec. 2, as more than 33 million shipments moved through the Memphis-based company's network.

    By Wayne Risher December 03, 2019
  • Financial Services

    Renasant rises through ranks, First Horizon and Regions remain on top

    Renasant jumps two spots in deposit market share in the Memphis MSA as smaller banks take share from the large regional and national banks.

    By Christin Yates December 03, 2019
  • Real Estate

    Big tax incentives approved for Union Row, Pinch District

    How do you jump-start nearly $1.4 billion worth of new apartments, stores and offices? A Downtown board answers that by approving $306 million worth of tax incentives, with $143 million more to come from other sources, for two large developments. 

    By Tom Bailey December 03, 2019
  • Financial Services

    23 banks headquartered in Memphis MSA saw improved ROAA in Q3

    Lower interest-rate environment putting pressure on banks' net interest margin, Federal Reserve official notes. 

    By Christin Yates December 02, 2019
  • Health Care

    Memphis’ poor housing exacerbates lead exposure

    Experts say 200,000 homes in Memphis are at risk for lead exposure due to age and lead paint. 

    By Jane Roberts December 02, 2019
  • Premium Business

    Rooms with a view: Memphis hotel developers going gangbusters

    The supply of hotel rooms in Memphis would increase by nearly 25% if everything in the pipeline was built. That's unlikely, but oversupply is a concern.

    By Wayne Risher December 04, 2019
  • Health Care

    Rhodes No. 6 among liberal arts schools for medical school applications

    Rhodes College has built a successful infrastructure for producing medical school students, and the city’s health care institutions are a big part of that.

    By Jane Roberts December 01, 2019
  • Business

    Daily Memphian’s new community subscription manager to expand free access efforts

    Kesha Whitaker’s job will be to increase the reach and readership of the Daily Memphian by reaching out to and coordinating with schools, community centers, affordable housing developments and other groups and organizations.

    By The Daily Memphian Staff December 01, 2019
  • Financial Services

    Local banks investing in technology for the future

    Customers will expect easier, more convenient ways to bank as time goes on, making it imperative for banks to invest in technology. 

    By Christin Yates December 01, 2019
  • Midtown

    Memphis-area small businesses gear up for big shopping day

    Momentum of Small Business Saturday continues to grow every year.

    By Frank Lanigan November 30, 2019
  • Business

    U of M licenses breakthrough cybersecurity patent

    A Silicon Valley startup licensed the technology; it will use it in its own line of products. The U of M still owns the patent.

    By Jane Roberts December 03, 2019
  • Real Estate

    St. Jude drops request for temporary parking

    Local planning boards are sometimes criticized for giving rules exceptions to developers at the expense of residents and neighborhoods. But this month even St. Jude Children's Research Hospital - arguably the most popular and influential "developer" in town - did not get its way.

    By Tom Bailey November 29, 2019
  • Food News

    U-Pourium Social taproom plans submitted for Downtown

    Plans to turn a 99-year-old Downtown warehouse into a pub will be reviewed by the Downtown Review Board next week.

    By Tom Bailey December 04, 2019
  • Real Estate

    Second hotel added to One Beale project Downtown

    A 120-room, boutique hotel has been added to plans for the One Beale mixed-use development. 

    By Tom Bailey November 27, 2019
  • Premium Transportation & Logistics

    Modest increase projected for FedEx in holiday peak season

    Shipping industry consultant SJ Consulting believes FedEx peak season volume will increase a relatively modest 3%, in part because of the expansion of Amazon's delivery network.

    By Wayne Risher November 27, 2019
  • Movers and Shakers

    Movers & Shakers

    Dani Bowers has been appointed to Human Resources Manager at Paragon Bank. Bowers reports to Robert Shaw, chief executive officer at Paragon Bank. 

    By The Daily Memphian Staff November 27, 2019
  • Health Care

    Soles4Souls provides shoes, foot care to the homeless

    The service and distribution of donated shoes can help some people find employment.

    By Christin Yates November 26, 2019
  • Business

    Downtown developments angle for $449 million in incentives, with more to come

    A pair of $1 billion-plus Downtown development projects that would require heavy doses of public incentives are scheduled for an initial vote on Monday, Dec. 2.

    By Wayne Risher, Omer Yusuf November 26, 2019
  • Business

    Online fraud picks up over the holidays

    Crooks will often create lookalike websites with URLs that are a character or two off from the real thing. More sales are being made using mobile devices and the small screens make it more difficult to detect the deception.

    By Randy Hutchinson November 26, 2019
  • Health Care

    30 years later, St. Jude volunteer exemplifies Points of Light

    Jason Farmer was a Marine when President George H. Bush visited The Commercial Appeal in 1989 to award his first Point of Light Award. Thirty years later, close to the first anniversary of Bush's death, Farmer is the 6,656th honoree.

    By Jane Roberts November 26, 2019
  • Real Estate

    Construction nears for apartments next to P&H, Shelby Farms

    Two apartment developments totaling 487 units and more than $73 million in construction costs are about to rise next to a well-known Midtown bar and the city's 4,500-acre park.

    By Tom Bailey November 25, 2019
  • Downtown

    LRK expands as projects keep coming

    The busy LRK has added 14 employees this year as part of its effort to meet the work demands created by a robust economy for new development. 

    By Tom Bailey November 25, 2019
  • Education

    Scholarships build interest in engineering at U of M

    Goal of engineering college to double B.S. graduates in 10 years would begin to fill void in West Tennessee, which produces about one-third the national average of bachelor of science engineers.

    By Jane Roberts November 25, 2019

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