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Business

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  • Ford Megasite
  • Business

    Downtown officials confirm Insomnia Cookies is coming to Beale

    Downtown officials have confirmed that Insomnia Cookies will become part of the mix in the Beale Street entertainment district.

    By Tom Bailey April 18, 2019
  • Financial Services

    BancorpSouth misses estimates for first quarter 2019 earnings

    BancorpSouth falls short of estimates in the first quarter, but points to two additional acquisitions to spur growth in its footprint. 

    By Christin Yates April 18, 2019
  • Real Estate

    Dulberger: IKEA seems ‘committed to making the Memphis store work’

    Despite creating fewer jobs and paying lower salaries than promised, EDGE CEO and president Reid Dulberger says IKEA is committed to its Memphis store. 

    By Michelle Corbet April 17, 2019
  • Business

    And then there were 6: Shrinking of Tunica’s casino center continues

    The planned June 30 closing of Resorts Casino will leave Tunica County with six casinos among five owners. Has the market's downsizing reached the bottom?

    By Wayne Risher April 18, 2019
  • Real Estate

    Neighborhood of new Midtown houses sells out quickly

    Sixteen new, Midtown homes that replace those demolished a half-century ago for the ill-fated Interstate 40 corridor have been sold in under 18 months.

    By Tom Bailey April 22, 2019
  • Health Care

    St. Jude research leads to cure for bubble boy disease

    Researchers at St. Jude Children's Research Hospital have developed a novel treatment using HIV as a vector to deliver re-engineered blood cells that create an immune system for patients who are born without one. 

    By Michelle Corbet April 18, 2019
  • Business

    Offer of free online education at UofM Global is expanded to FedEx Logistics

    Learning Inspired by FedEx, a college tuition offer started by FedEx and the University of Memphis online last year, has been extended to certain U.S. employees of FedEx Logistics.

    By Wayne Risher April 17, 2019
  • Business

    ABB CEO Ulrich Spiesshofer resigns

    Ulrich Spiesshofer, chief executive officer of Switzerland-based ABB, has resigned after six years with the company. 

    By Natalie Pilgrim April 18, 2019
  • Business

    IKEA voluntarily seeks to lower tax abatement after failing to create 175 jobs

    Trying to keep up with an "ever-changing retail environment," IKEA has offered to voluntarily drop two years of its property tax abatement since it has been unable to create the number of jobs at the pay levels it promised in 2015. 

    By Michelle Corbet April 18, 2019
  • Health Care

    Cyclists raise funds for Le Bonheur in memory of child

    An annual journey from Nashville to Sewanee University took on new meaning when one of the founding members lost their 10-month-old daughter to SIDS. 

    By Michelle Corbet April 16, 2019
  • Real Estate

    Developer may scale down proposed town houses

    Opponents of a proposed 35-foot-tall building of town houses near Overton Square have met with the developer and said he's willing to compromise.

    By Tom Bailey April 16, 2019
  • Movers and Shakers

    Movers & Shakers

    David Umsted has been named president of Triumph Mortgage and senior vice president of Triumph Bank.

    By The Daily Memphian Staff April 17, 2019
  • Business

    Resorts Casino Tunica to close June 30

    Resorts Casino Tunica is shutting down June 30, with its owner citing “increased competition from recent gaming expansion in Arkansas” among its reasons.

    By The Daily Memphian Staff April 17, 2019
  • Business

    FedEx starts tapping voluntary buyout recipients as deadline nears

    From vice presidents to directors, managers have been tapped for FedEx's voluntary buyout program, while lower-level employees wait to see who else is leaving and how "rebalancing" plays out.

    By Wayne Risher April 17, 2019
  • Business

    Pick a trustworthy mover

    Last year, the Department of Justice charged 12 people with running a nationwide racketeering enterprise through 14 affiliated moving companies.

    By Randy Hutchinson April 18, 2019
  • Health Care

    Physician groups call for taxes, marketing policies on sugary drinks

    It's still common practice in the Mid-South to bring a cooler full of Gatorade or Capri Suns to a youth sporting event, but not for long if two large health groups have their say. 

    By Michelle Corbet April 17, 2019
  • Financial Services

    FHN points to deposit growth in key markets in Q1 earnings

    First Horizon National Corp. reports slight increase in earnings per share, slight decline in revenue from the first quarter a year ago.

    By Christin Yates April 16, 2019
  • Food News

    The Waffle Iron stamps new ID on East Memphis diner

    A new restaurant promises both a fresh start and fresh ingredients for a diner that has been through several name changes.

    By Tom Bailey April 16, 2019
  • Real Estate

    Signs of revival and jobs emerge in Parkway Village

    Hundreds of jobs and millions of dollars in construction are returning to Parkway Village because of something that never left: I-240 and great access to it. 

    By Tom Bailey April 15, 2019
  • Real Estate

    Union Row developers buy corner of Union & Fourth

    Developers of the 29-acre, mixed-use Union Row on Monday purchased 251 Union for $1.4 million. Powerhouse Motors car-repair shop has operated there more than 20 years.

    By Tom Bailey April 16, 2019
  • Financial Services

    Pinnacle Financial earnings up from 2018 first quarter

    Pinnacle Financial's first-quarter earnings rise from a year ago and so do revenues, but revenues miss consensus target of Zacks Equity Research.

    By Christin Yates April 16, 2019
  • Business

    Lipscomb & Pitts counters in lawsuit over workers’ compensation for crash victims

    Memphis' Lipscomb & Pitts Insurance has filed a response and counterclaim in a lawsuit over financial liability for workers' compensation death benefits for survivors of Wei Chen and three colleagues.

    By Wayne Risher April 15, 2019
  • Real Estate

    Memphis market ripe as home sales season begins

    The inventory of available homes for sale remains low in the Memphis MSA as the homebuying season starts to heat up.

    By Christin Yates April 15, 2019
  • Bartlett

    Bartlett company eyes South America’s solar eclipse

    American Paper Optics is working to sell 5 million pairs of protective glasses for Chile and Argentina's total solar eclipse on July 2.

    By Tom Bailey April 10, 2019
  • Midtown

    Board OKs dropping an ‘R’ in Forrest Avenue

    City planning board voted Thursday to change the spelling of “Forrest Avenue” in Midtown to “Forest Avenue.”

    By Tom Bailey April 11, 2019

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