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Business

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  • Transportation & Logistics

    FedEx peak projection: 33 million shipments moving on Cyber Monday

    FedEx expects to more than double normal package volume of 15 million packages a day on three Mondays in December, starting with Cyber Monday, Dec. 2.

    By Wayne Risher November 22, 2019
  • Transportation & Logistics

    Airport preps for busiest day since 2007 during Thanksgiving travel

    Remember when it was possible to arrive at Memphis International Airport minutes before a flight? Those days are over, at least at peak times like Thanksgiving.

    By Wayne Risher November 22, 2019
  • Health Care

    UTHSC negotiating details of West Tennessee Healthcare teaching partnership

    Adding a rural system allows UTHSC to schedule residencies and rotations in the settings where many will be serving. 

    By Jane Roberts November 22, 2019
  • Real Estate

    Another firm heads Downtown for ‘something bigger’

    Cargill Cotton is now headquartered in a woodsy, spacious office setting surrounded by easy, suburban parking. But the firm is moving to a Downtown office tower where the views are panoramic and sidewalks are vibrant. 

    By Tom Bailey November 21, 2019
  • Business

    Planners, St. Jude compromise over Pinch building design

    Plans for a new St. Jude building with security fencing and a windowless, ground-floor wall ignited a planning board's concern that it would deaden street life in the resurgent Pinch District. But ALSAC/St. Jude officials won concessions, saying safety of its ill children is a priority.

    By Tom Bailey November 21, 2019
  • Financial Services

    Renasant Bank wins Memphis Convention Center naming rights

    Tupelo-based Renasant Bank's newly minted naming rights for the Memphis Convention Center are expected to generate more than $7 million over 10 years. 

    By Wayne Risher November 20, 2019
  • South Memphis

    Westwood youth shelter planned, apartment owner seeks future assurances

    An emergency shelter is planned in Westwood; in Midtown and the Medical District, a property owner is requesting its apartment buildings be "legitimized."

    By Elle Perry November 20, 2019
  • Business

    Snuff District lands agreement for Varsity Spirit headquarters

    The Snuff District is the first of four big mixed-use developments around Downtown to recruit a substantial office tenant.

    By Tom Bailey November 20, 2019
  • Business

    Tipping Point: ARS president on leadership versus management

    Luis Orbegoso says he found the right cultural fit, both as president of American Residential Services and as a resident of Memphis.

    By Anna Cox Thompson November 22, 2019
  • Movers and Shakers

    Movers & Shakers

    Adelman Law Firm has hired attorney Ormonde Landry Payne as a senior associate.

    By The Daily Memphian Staff November 20, 2019
  • Business

    GateHouse completes purchase of Gannett; layoffs predicted

    Media expert at the Neiman Foundation says one in eight people could be laid off in the combined company.

    By The Daily Memphian Staff November 20, 2019
  • Business

    Loews Hotel wins 30-year tax incentive

    Loews Hotels & Co. won a 30-year property tax abatement Tuesday, Nov. 19, for its $240 million project to build a second Memphis Convention Center hotel.

    By Wayne Risher November 20, 2019
  • Business

    Discount carrier Allegiant expands summer service to Las Vegas, Ft. Lauderdale

    Allegiant will increase its nonstops from Memphis by about one-third next summer with added frequencies to Las Vegas and Fort Lauderdale.

    By Wayne Risher November 19, 2019
  • Business

    Orion expanding in Little Rock, multiple projects planned in Memphis

    Orion plans two to three new branches in the Little Rock area and is replacing or redesigning three branches in the Memphis market as it considers other new markets.

    By Christin Yates November 19, 2019
  • Business

    FedEx to discontinue pension for new hires after Jan. 1

    FedEx won't offer a pension plan for new hires starting Jan. 1, but will offer a stronger 401(k) retirement savings plan.

    By Wayne Risher November 18, 2019
  • Business

    Amazon to build facility, hire 500 in Olive Branch

    A new Amazon fulfillment center will handle larger products with the help of 500 employees receiving starting pay at $15 an hour. 

    By The Daily Memphian Staff November 18, 2019
  • Business

    Cargill Cotton moving HQ Downtown next spring

    Cargill Cotton said Monday it will move its headquarters and about 75 people from Cordova to One Commerce Square Downtown next spring.

    By The Daily Memphian Staff November 18, 2019
  • Premium Real Estate

    Preservation advocates wary of plan’s impact on historic Pinch

    Historic preservation advocates cast a wary eye toward a developer's $1.1 billion plan to transform the Pinch historic district into 2.8 million square feet of apartments, hotels, offices and retail.

    By Wayne Risher November 18, 2019
  • Real Estate

    Velo apartments may break out of the pack at Shelby Farms

    Three substantial developments have been proposed for the north edge of Shelby Farms Park, and it appears the 267-unit Velo at Shelby Farms may be the first to be built.

    By Tom Bailey November 18, 2019
  • Business

    FedEx chief challenges Times to debate, calls article ‘outrageous distortion’

    FedEx chairman Frederick W. Smith labeled as an "outrageous distortion" a Sunday New York Times article on FedEx capital investments and tax savings following the Tax Cuts & Jobs Act.

    By Wayne Risher November 17, 2019
  • North Memphis

    Raleigh Springs Town Center spurred Smiths to invest nearby

    Marketplace Development hopes to close on a deal for the property by the first quarter of 2020. 

    By Omer Yusuf November 17, 2019
  • Health Care

    Methodist using aquapheresis to drain fluid in severe heart congestion

    Methodist rolled out the ultrafiltration treatment in October, with Baptist planning to start soon.

    By Jane Roberts November 18, 2019
  • Business

    Video: Commercial Real Estate: Review and Forecast Seminar highlights

    The Daily Memphian Commercial Real Estate: Review and Forecast Seminar explored the latest trends and developments across the Commercial Real Estate industry, with insights and projections for 2020 from experts across the industrial, retail, office and capital market sectors.

    By The Daily Memphian Staff November 19, 2019
  • Business

    Report: FedEx hub worker’s death followed mishap with cargo container

    FedEx says it's mourning "tragic accident" that killed Memphis hub material handler Duntate Young on Nov. 13, 2019, and defends its safety record.

    By Wayne Risher November 20, 2019
  • Business

    Planning board approves big expansion of UPS hub

    The Land Use Control Board has approved a UPS plan that includes enlarging its Memphis airport hub by 266,000 square feet.

    By Tom Bailey November 15, 2019

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