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Business

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  • Business

    DEVCON to expand, put HQ in Memphis with $2.4M investment

    Cybersecurity software company DEVCON will invest $2.4 million and create 161 jobs in Memphis, expanding its operations and locating its headquarters in the city.

    By Sam Stockard, Jane Roberts October 18, 2019
  • Health Care

    Memphis nurses, St. Francis take top honors in nurses’ conference

    Tennessee Nurses Association honors commitment, advocacy of state's nurses in conference at the Memphis Hilton. 

    By Jane Roberts October 17, 2019
  • Business

    EDGE board approves Raymond James tax incentives, Raleigh TIF

    Raymond James plans to create 100 jobs and invest $23.6 million to consolidate its Memphis offices and a new tax increment financing district is expected to spur economic development in Raleigh.

    By Omer Yusuf October 17, 2019
  • Transportation & Logistics

    Presidents Island rail upgrade chugging along

    An addition of nearly a mile of new railroad tracks to the Port Commission public terminal on Presidents Island should be finished by May 31, 2020.

    By Wayne Risher October 16, 2019
  • Financial Services

    Pinnacle reports Q3 diluted EPS of $1.44, up 19% from 2018

    Pinnacle Financial Partners Inc. reported net income of $1.44 per diluted common share for its third quarter, up 19% from a year ago.

    By Christin Yates October 16, 2019
  • Business

    Platinum Equity acquires TruckPro Holding Corp.

    Platinum Equity has acquired Memphis-based TruckPro Holding Corp. from Harvest Partners.

    By Natalie Pilgrim October 16, 2019
  • Financial Services

    First Horizon beats on Q3 earnings, sees positive conditions into 2020

    First Horizon National Corp. reports third-quarter adjusted earnings per share of 43 cents, which beat the Zacks Consensus Estimate of 42 cents per share.

    By Christin Yates October 16, 2019
  • Movers and Shakers

    Movers & Shakers

    Shantelle Leatherwood, CEO of Memphis-based Christ Community Health Services, has been appointed to Gov. Bill Lee’s Health Care Modernization Task Force focused on improving Tennessee’s approach to health care.

    By The Daily Memphian Staff October 16, 2019
  • Health Care

    Memphis audience angry, anxious about Medicaid block grant proposal

    Dozens speak out against Gov. Bill Lee's block grant plan for TennCare at the University of Memphis.

    By Jane Roberts October 16, 2019
  • Health Care

    Deitch takes over as Memphis market leader for Tenet Healthcare

    Sally Deitch has become the new chief executive officer of the Mid-South Group of Tenet Healthcare, the Memphis market and Saint Francis Hospital-Memphis. 

    By The Daily Memphian Staff October 15, 2019
  • Financial Services

    Green Square Asset Management rebrands as Principal Street Partners

    Memphis-based Green Square Asset Management has rebranded to Principal Street Partners and become an independent asset management firm.

    By Christin Yates October 15, 2019
  • Transportation & Logistics

    FedEx expands delivery of heavy, bulky online purchases

    FedEx Freight Direct, a service that can move heavy, bulky e-commerce purchases into a consumer's home or business, is expanding to reach 80% of the contiguous U.S. population.

    By Wayne Risher October 15, 2019
  • Spirit of Memphis

    Tipping Point: Wooddale Middle teacher named a New Memphis Educator of Excellence

    Currently in her 10th year as a Memphis educator, Alyssa Nucaro is a graduate of the New Memphis Embark program, one of five New Memphis honored this year with Educators of Excellence awards.

    By Anna Cox Thompson October 22, 2019
  • Business

    Report finds military consumers more at risk than others

    The top industry generating complaints from military consumers for six years in a row is new car dealers. Service members also encounter more struggles than the general public in home-related needs because they move, on average, every two to four years.

    By Randy Hutchinson October 15, 2019
  • Transportation & Logistics

    Airport says fall break traffic projections were spot on

    A crush of fall break travelers and a bank of early morning departures combined for the biggest crowd at Memphis International Airport's main security checkpoint since at least July 2008.

    By Wayne Risher October 14, 2019
  • Spirit of Memphis

    St. Jude wins $130 million contract to improve flu vaccine

    St. Jude asked to improve vaccine for the obese and other people with underlying health conditions.

    By Jane Roberts October 22, 2019
  • Health Care

    Baptist participating in breast cancer 3-D mammogram trial

    Participants are randomly selected for the 3-D mammogram. They won't know until they day they come in for their screening.

    By Jane Roberts October 11, 2019
  • Premium Health Care

    Baptist provides a little ‘me time’ for cancer patients

    Blossom Within is Baptist's way of offering respite to women undergoing cancer treatment.

    By Jane Roberts October 13, 2019
  • Business

    Southwest Tennessee Community College celebrating culture of sweat, equity

    When Tracy Hall arrived in 2015, the college was in a seven-year enrollment decline. Numbers are up now and the associate's degrees it awarded in 2018 are up 41%.

    By Jane Roberts October 16, 2019
  • Real Estate

    Raymond James seeks 8-year tax incentive for office consolidation

    The financial services company would vacate the office tower on Front Street Downtown that bears its name.

    By Terry Hollahan October 11, 2019
  • Spirit of Memphis

    Developers say momentum changing way Memphis sees itself

    Significant commercial real estate projects coming to the city have created a new Memphis cool and instilled more confidence in its future direction, developers say.

    By Jane Roberts October 22, 2019
  • Transportation & Logistics

    Airport B Concourse revamp hits 25% completion mark

    Memphis International Airport’s B Concourse modernization is sitting at 25% complete as construction crews start erecting steel framework of a larger, light-filled space for passenger loading and unloading.

    By Wayne Risher October 10, 2019
  • Business

    Memphis, Loews sign development agreement for new convention center hotel

    The City of Memphis and Loews Hotels have signed a development agreement for a $220 million hotel on Civic Center Plaza, funded in part by public incentives.

    By Wayne Risher October 10, 2019
  • Business

    City seeks approval for Memphis Fairgrounds Planned Development

    The city seeks approval from the Land Use Control Board for a new 200,000-square-foot sports and events complex and a 700,000-square-foot mixed-use development of retail, restaurants, hotels, entertainment, commercial office space and multifamily residential. 

    By Elle Perry October 10, 2019
  • Business

    Loews Hotel on Civic Center Plaza clears zoning review

    A 500-room, 17-story Loews Hotel proposed for Civic Center Plaza won approval by a Memphis zoning board Thursday, Oct. 10.

    By Wayne Risher October 10, 2019

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