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Business

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  • Premium Real Estate

    First-time homebuyers struggle with high rates, prices

    “It really is unfortunate because I believe that owning your own home, especially that first home, is truly the American dream.”

    By Sophia Surrett January 20, 2025
  • Business

    Hutchinson: ‘Sextortion’ scams are on the rise

    Anyone can be a victim of this crime, but teenagers are the most vulnerable. And the results can be deadly.

    By Randy Hutchinson January 19, 2025
  • Premium Business

    Wild Beet grows devoted citywide fan base

    Kelcie Nollner didn’t have a background in restaurants when she opened her first one in 2014. But she knew her salad-focused concept could find a following.

    By Sophia Surrett January 24, 2025
  • Metro

    After TikTok ban is upheld, local content creator in wait-and-see mode

    Memphis-area baker and TikTok plaintiff Chloe Sexton isn’t ready to give up despite Friday’s ruling.

    By The Associated Press January 17, 2025
  • Transportation & Logistics

    Here’s what will replace the Memphis airport concourse

    The three-story building will feature a rooftop observation deck that will overlook the airfield and be used for community outreach. 

    By Julia Baker January 17, 2025
  • Business

    Engineering firm CEO announces retirement

    Mike Pohlman is retiring from his position at the Pickering Firm Inc. in June. 

    By Julia Baker January 16, 2025
  • Financial Services

    First Horizon reports 2024 fourth quarter and full-year earnings

    FHN President and CEO Bryan Jordan said the fourth quarter and full-year 2024 results reflect a “focused execution” of the bank’s strategic priorities. 

    By Aisling Mäki January 16, 2025
  • Neighborhoods

    HopeWorks breaks ground on housing to help men turn the page after prison

    On Wednesday, Jan. 15, HopeWorks broke ground on Next Story, a new $3.6 million short-term housing facility near Binghampton for men transitioning from prison into society.

    By Aisling Mäki January 15, 2025
  • Real Estate

    Downtown Crowne Plaza ownership up in the air

    The developer who won the auction for the 230-room Crowne Plaza Memphis Downtown could be denied ownership weeks before closing.

    By Sophia Surrett January 15, 2025
  • Premium Real Estate

    Inked: Crunch Fitness weighs third location; Madison Ave. shopping center sold

    Another Crunch Fitness could be headed to Memphis, and a shopping center on Madison Avenue sold for $1.78 million. Plus, ConMed Corp. leases a new building.

    By Sophia Surrett January 18, 2025
  • Movers and Shakers

    Movers & Shakers

    Marx-Bensdorf Realtors, Southern College of Optometry, Turner Construction Co. and Valentine Insurance Services announce promotions and additions. 

    By The Daily Memphian Staff January 19, 2025
  • Premium Real Estate

    Cooper-Young development approved for property-tax incentive

    The Cooper will be on 5.8 acres at Cooper Street and Central Avenue with 250 multifamily apartments, 27 rental townhomes, a 125-room hotel, surface parking and a 325-space parking garage.

    By Sophia Surrett January 14, 2025
  • Business

    XAI opens path to work with Memphis-area businesses

    “It is important to us as a company that we grow in Memphis. We want our fellow businesses to grow, too.”

    By Sophia Surrett January 13, 2025
  • Business

    ‘Resilience and creativity’ celebrated in Whitehaven Business Blitz

    The Business Blitz goal is to bring businesses, residents and community stakeholders “in a celebration of local commerce.”

    By Julia Baker January 13, 2025
  • Premium Health Care

    Moody’s, S&P downgrade Methodist Le Bonheur bond ratings

    A downgrade signals to the investment community that the financial performance has changed enough that the probability the hospital will not be able pay its debt has gone up, said an assistant professor in finance at the University of Memphis.

    By Jane Roberts January 13, 2025
  • Premium Business

    Closeout sale begins Monday at storied Oak Court Mall Macy’s

    If the closing came faster than Memphis expected, retail experts and the mall’s owners say there is a silver lining. 

    By Jane Roberts January 11, 2025
  • Premium City of Memphis

    Global Café team delivers warm, hearty meals to snowed-in neighbors in need

    Global Café, an international food hall in Crosstown operated by immigrant and refugees chefs and staff members, spent Friday, Jan. 10, delivering warm meals to people in need at Hospitality Hub and First Baptist Church. 

    By Aisling Mäki January 11, 2025
  • Business

    Some believe Supreme Court will uphold TikTok ban, but Memphis-area baker is optimistic

    After attending Friday’s nearly three-hour Supreme Court hearing, Chloe Sexton of Chloe’s Giant Cookies feels her side will prevail. 

    By The Associated Press, Jody Callahan January 11, 2025
  • Real Estate

    XAI vendor secures facility in Memphis

    Houston-based Solaris Energy Infrastructure is opening a 34,000-square-foot warehouse in Whitehaven. The company is a vendor for the Elon Musk-founded AI company xAI.

    By Sophia Surrett January 10, 2025
  • Premium Food News

    Food Files: The Crazy Coop, Cache 42 Downtown open

    Two Downtown restaurants welcoming customers, a new Scooter’s coffee and a Waffle House one step closer to construction on Forest Hill Irene Road.

    By Sophia Surrett January 10, 2025
  • Transportation & Logistics

    Flights canceled across the US; FedEx warns about possible delays

    FedEx released a service alert Thursday saying delays and disruptions for inbound and outbound shipments are possible “due to local conditions and restrictions.” 

    By Julia Baker January 09, 2025
  • Real Estate

    Oak Court Macy’s will close in months

    Josh Poag and a group of investors bought the building last fall, wanting to control the use of the 400,000-square-foot location in the likely event the store would close. 

    By Jane Roberts January 10, 2025
  • Real Estate

    The Cooper Midtown developers seek property tax relief

    The Cooper Development group, led by Chance Carlisle and Carlisle Development Co., seeks a 20-year property tax incentive for the Cooper-Young mixed-use development. 

    By Sophia Surrett January 09, 2025
  • Health Care

    Rape Crisis Center to expand forensic nursing staff, training with DOJ award

    Shelby County Crime Victims and Rape Crisis Center has been named a center of excellence for its forensic nursing program and will receive funding from the U.S. Department of Justice to train more nurse examiners. 

    By Aisling Mäki January 11, 2025
  • Premium Real Estate

    Inked: Industrial real estate market ends 2024 with low demand, high supply

    Cushman & Wakefield | Commercial Advisors released its industrial market report for quarter four of 2024, which shows high supply and low demand. Memphis Education & Research Institute plans to build a new office and storage facility. 

    By Sophia Surrett January 08, 2025

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