A biodegradable drug delivery implant startup based in Memphis has launched a private placement investment offering through MicroVentures. 

Six months after becoming part of Gray Television, WMC-TV has added more automation technology to its newscasts, displacing an undisclosed number of employees.

Memphis-based discount retailer Fred’s Inc. has amended a forbearance agreement with its lenders again.

Memphis-based Sedgwick, provider of claims and risk management services, announced an agreement to buy York Risk Services Group, a New Jersey company with nearly 5,000 employees and 60 offices.

Analysts and a shipping industry consultant dissect FedEx Corp.'s longtime mantra of "operate independently, compete collectively" in view of flagship FedEx Express unit's recent difficulties.

The space Burlington Coat Factory vacated, plus the T.J. Maxx store, will undergo a $2 million renovation.

Established Downtown Memphis businesses trade monthly rent for mortgage payments instead. 

The Greater Memphis Chamber wants local companies to intentionally disrupt out-of-town relationships by bringing outside vendor contracts back to Memphis. 

People desperate to unload their timeshares are vulnerable to timeshare relief firms that offer to sell their property for an upfront fee. The firm collects the fee but never delivers the service.

ProTech Systems Group has a new but familiar leader, along with updated branding to symbolize the change.

The vacant Fuel Cafe on Madison could be renovated into a new pizza and pasta restaurant by a local grower who sells handmade pastas at local farmers markets. 

Three potential tenants are talking with the new owner of the former Grimes Memorial UM Church property for a ground lease. The building and its well-known mural will be demolished.

Memphis River Parks Partnership wants to make Memphis Park into a community gathering place Downtown with shaded dining area and easy access to other amenities.

After 32 years at the same location, Jun Lee Trading Co. will move farther east on Summer Avenue.

A Memphis organization that helps nonprofits improve their efficiency and reach is no longer accepting job posts for less than $15 an hour.

Memphis organizations will get more than $2 million in grant money from the Corporation for National and Community Service to support the work of AmeriCorps members.

Drew Hill, Linda A. Moore, Jane Roberts and Mark Weber have joined The Daily Memphian staff.

This week's demolition of a small shopping center is attributed to the future project to replace the Poplar Viaduct. 

Takashi will fill the space vacated by Pei Wei Asian Diner in the Belvedere Collection shopping center on Union.

With more bone fractures occurring in the warmer months, a medical device startup is piloting a cooler cast with Regional One Health. 

The Shelby County trustee's office has forwarded to public school systems $463,582.72 in local sales taxes collected by Graceland's tourism development zone over two years ending June 30, 2018.

Alicia Golston has been promoted to dean of students at Rhodes College, where she most recently served as associate dean for student experience.

Alpha Omega Veterans Services got in the farm-to-table movement more than a year ago. Now, with its first full growing season unfolding, it's marketing produce and the power of horticultural therapy. 

Developers of two large projects south of Interstate 240 are seeking amendments to their plans, one for a truck terminal expansion on American Way, the other for a gated residential community at Forest Hill-Irene and Shelby Drive.

Methodist Le Bonheur Healthcare in Memphis is suspending court activity during a review of its delinquent bill policies and concerns raised by lawmakers.