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Business

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  • Business

    Terminix leads strong second quarter for ServiceMaster

    ServiceMaster Global Holdings Inc. reported an 8% increase in revenue to $560 million with net income of $59 million, or 43 cents per share, for its second quarter.

    By Natalie Pilgrim August 06, 2019
  • Real Estate

    32 courts will distinguish new tennis center at University of Memphis

    Designers of the future Leftwich Tennis Center traveled to see and borrow elements from some of the nation's best tennis facilities.

    By Tom Bailey August 06, 2019
  • Business

    Perkins & Marie Callender’s seeks protection in bankruptcy

    Perkins & Marie Callender's LLC has filed Chapter 11 bankruptcy in Delaware seeking protection from creditors who are owed more than $100 million.

    By Wayne Risher August 05, 2019
  • Health Care

    Mid-South Transplant Foundation takes message to pews

    African-Americans donate fewer organs than most racial groups. But their need for organs far surpasses the supply.

    By Jane Roberts August 06, 2019
  • Business

    Tigers, city unveil plans for $19M expansion of tennis center

    The city of Memphis and University of Memphis will partner in renovating Leftwich Tennis Center for the Tigers' tennis teams as well as the public.

    By Tom Bailey August 05, 2019
  • Business

    Couple from Memphis create app to help people find the best brunch

    An app developed by a Memphis couple makes it easier to find a good place for brunch.

    By Elle Perry August 04, 2019
  • Financial Services

    Mutual fund helping drive growth for Preserver Partners

    Preserver Partners has grown to nearly $150 million in assets under management and nearly 500 investors.

    By Christin Yates August 04, 2019
  • Health Care

    Le Bonheur helps child find voice with reconstructed larynx, airway

    Le Bonheur Children’s Hospital gave Cooper Kilburn, 2, his voice with the first reconstructed child larynx and airway passage ever recorded.

    By Jane Roberts August 03, 2019
  • Business

    U of M throws curtain back on new culinary arts program

    In the former L’Ecole Culinaire, the University of Memphis is opening one of the largest college culinary arts programs in the nation. 

    By Jane Roberts August 05, 2019
  • Business

    Local State Farm agent expands with second Memphis-area office

    A local State Farm agent has opened a second office in the Mid-South, a first for the insurance company in the Memphis area.

    By Christin Yates August 03, 2019
  • Transportation & Logistics

    FedEx ramps up hub modernization project to $1.55 billion

    FedEx is increasing its financial commitment to modernization and expansion of the FedEx Express Memphis world hub, which will total $1.55 billion over six years.

    By Wayne Risher August 02, 2019
  • Real Estate

    Memphis office, industrial markets at historic marks midyear

    The Memphis office market remains steady and the industrial market remains strong heading into the third quarter of 2019.

    By The Daily Memphian Staff August 02, 2019
  • Business

    Tipping Point: A journey from the Netherlands to ‘explosive growth’ in Memphis

    Sebastiaan de Kok says living and working in Memphis has been a pleasant surprise. "People are so nice and welcoming. Not just nice, people can be nice anywhere and say their pleasantries. People genuinely want to help you out in Memphis."

    By Anna Cox Thompson August 02, 2019
  • Business

    Approval sought for University District apartments, St. Jude parking lots

    Southern Avenue apartments are among the items the Memphis and Shelby County Board of Adjustment will hear at its Aug. 28 meeting.

    By Elle Perry August 01, 2019
  • Financial Services

    Federal Reserve board lowers key interest rate

    The Federal Open Market Committee voted Wednesday afternoon to lower the federal funds rate by 0.25% to a range of 2% to 2.25%.

    By The Daily Memphian Staff July 31, 2019
  • Business

    Dream Memphis hotel to rise atop Royal Furniture building Downtown

    Developer Tom Intrator's 18Main will partner with New York-based Dream Hotel Group on a Dream Memphis hotel at 122 South Main, site of Royal Furniture's Downtown store and headquarters.

    By Wayne Risher July 31, 2019
  • Movers and Shakers

    Movers & Shakers

    Il Hwan Kim, an assistant professor at the University of Tennessee Health Science Center, has been awarded more than $1.5 million for research that could eventually help patients with disorders such as schizophrenia and autism.

    By The Daily Memphian Staff July 31, 2019
  • Health Care

    Methodist Le Bonheur plans to raise minimum wage to $15 by 2021

    Methodist Le Bonheur is raising its minimum wage as part of series of changes to help fight poverty in Memphis. 

    By Jane Roberts July 30, 2019
  • Health Care

    UTHSC researcher using AI to identify glaucoma before it’s crippling

    UTHSC researcher Siamak Yousefi has landed a $500,000 grant for a project that uses artificial intelligence to catch glaucoma early.

    By Jane Roberts July 30, 2019
  • Business

    Varsity Spirit expands band division with pair of acquisitions

    Varsity Spirit has acquired a pair of companies to help expand its band division.

    By The Daily Memphian Staff July 29, 2019
  • Transportation & Logistics

    New I-269 interchange next project up for Hernando

    A realignment of McIngvale Road in Hernando will soon be under construction, clearing the way for a new interchange with Interstate 269.

    By Wayne Risher July 29, 2019
  • Business

    Tipping Point: Bank of America expands student program

    The Student Leader program, which began in 2005, is in 90 Bank of America markets, but 2019 marks the inaugural year for the Memphis market.

    By Anna Cox Thompson July 29, 2019
  • Real Estate

    How should ‘Crosstown Mound’ be redeveloped?

    Two options will be presented at a public meeting for developing a long-vacant, nine-acre mound created for a section of Interstate 40 that was never completed.

    By Tom Bailey July 29, 2019
  • Business

    Ransomware can cripple organizations of all sizes

    In 2017, the largest simultaneous ransomware attack ever affected tens of thousands of organizations in 74 countries, including FedEx’ Memphis operations. Collierville's town computer system was the target of a ransomware attack in July.

    By Randy Hutchinson July 28, 2019
  • Business

    In swampy heat on the Wolf River, canoeists dip in for aquifer research

    University of Memphis researchers use seepage meters to study possible breaches into the Memphis Aquifer along the Wolf River. 

    By Jane Roberts July 27, 2019

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