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Business

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  • Transportation & Logistics

    FedEx closes voluntary buyout program with exits of veteran employees

    FedEx's latest buyout program ended on Friday, but details about its scope and how it matches up with estimated savings won't be revealed until the company's earnings report later this month.

    By Wayne Risher June 01, 2019
  • Health Care

    Pharmaceutical funding could bring syringe exchange centers to Shelby County

    An $11.3 million initiative to reduce the rise in Hepatitis C infections tied to the opioid epidemic will fund local harm reduction efforts such as centers where users can exchange used needles for sterile ones. 

    By Michelle Corbet May 30, 2019
  • Business

    Contemporary Media CEO Ken Neill stepping down

    Ken Neill, the longtime CEO of Contemporary Media Inc., is leaving that post effective June 15. He will be succeeded by Anna Traverse, the company’s chief operating officer.

    By The Daily Memphian Staff May 30, 2019
  • Business

    Tipping Point: The story behind our rails-to-trails

    Back in 2008, residents in the neighborhoods around the railway had a lot of questions about the project that would become the Shelby Farms Greenline, and that’s where the New Memphis Fellows stepped in to help.

    By Anna Cox Thompson May 31, 2019
  • Business

    FedEx Logistics seeks design approval for Downtown HQ

    The design of FedEx Logistics' plans to transform the vacant Gibson Guitar Factory into its new Downtown Memphis headquarters is up for review. 

    By Michelle Corbet May 30, 2019
  • Business

    FedEx Ground will offer seven-day-a-week deliveries coming out of peak season

    FedEx said Thursday its FedEx Ground unit will deliver seven days a week full-time starting next January. The company is also making moves to better handle oversized shipments by Ground.

    By Wayne Risher May 30, 2019
  • Real Estate

    First homes of Ellsworth Place near completion

    The 22-lot Ellsworth Place faces the historic homes of the East Buntyn neighborhood and backs up to the large, mixed-use Highland Row development.

    By Tom Bailey May 30, 2019
  • Real Estate

    Thousand Oaks Business Center sells for $14M

    The New York-based owner of One Commerce Square and Southwind Business Center has acquired its third Memphis property, Thousand Oaks Business Center, for $14 million – well below its appraised property value.

    By The Daily Memphian Staff May 29, 2019
  • Business

    Peabody Hotels’ expansion into North Texas moves forward

    Peabody Hotels & Resorts is moving forward with a hotel near the Texas Motor Speedway in North Texas.

    By The Daily Memphian Staff May 29, 2019
  • Business

    Midtown multifamily infill continues on Peabody, Rembert

    Two proposed new multifamily infill projects in Midtown are requesting variances from the Board of Adjustment. 

    By Michelle Corbet, Elle Perry May 29, 2019
  • Movers and Shakers

    Movers & Shakers

    The Memphis Zoo has promoted Matt Thompson to chief zoological officer, a role in which he manages the direction of all animal programs and leads all decisions about animal care.

    By The Daily Memphian Staff May 29, 2019
  • Business

    Hall’s Feed and Seed evolves to remain Collierville staple

    A retailer that once catered mostly to cattle and crop farmers has adapted to a new breed of customers in and around a much more urban Collierville. 

    By Jane Schneider May 25, 2019
  • Real Estate

    Union Row getting real, fast

    The financing and the land acquisition for Union Row's first phase have been accomplished, the developer says.

    By Tom Bailey May 29, 2019
  • Health Care

    Saint Francis-Bartlett shifts growth strategy

    After Saint Francis Hospital-Bartlett backed away from its plans to build a free-standing emergency department in Arlington, it has created a strategy to draw patients from surrounding areas based on service. 

    By Michelle Corbet May 28, 2019
  • Business

    Airport’s growing traffic could push gate capacity in modernized B Concourse

    Memphis International Airport will introduce a new gate management system as part of an effort to cope with growing traffic and limits on the number of gates available for aircraft.

    By Wayne Risher May 28, 2019
  • Transportation & Logistics

    Diverted Huawei shipments unrelated to trade sanctions, FedEx says

    FedEx said it regretted the inadvertent misrouting of shipments for Chinese telecom network equipment maker Huawei. Two of the packages wound up in Memphis rather than China earlier this month.

    By Wayne Risher May 28, 2019
  • Business

    Nelson: ‘Charged’ author aims at Shelby County DA, and misses

    In her book, legal writer Emily Bazelon tells the story about District Attorney Amy Weirich and her prosecution of Noura Jackson, whose mother was killed in their East Memphis home. Jackson was tried and convicted of second-degree murder; in 2017, her conviction was overturned.

    By Michael Nelson May 23, 2019
  • Business

    Higher hotel rates in Memphis in May drive health of lodging industry

    May isn't the strongest month for hotel occupancy in Memphis and Downtown, but it consistently generates the highest room rates, because of the Memphis in May International Festival, officials say.

    By Wayne Risher May 27, 2019
  • Business

    Can you ignore a car vending machine along I-40?

    Construction has started on Carvana's "car vending machine" along I-40 in Northeast Memphis.

    By Tom Bailey May 27, 2019
  • Business

    Conaway: Looking at Tom Lee Park

    We’re about to spend $50 million to fix something that’s not really broken, and throw chump change or nothing at all at opportunities for true transformation.

    By Dan Conaway May 23, 2019
  • Real Estate

    Shadows are ‘small price’ for Clipper’s benefits

    The Clipper towers will create significant shadows Downtown, but the neighbor with the most sunshine to lose is not concerned.

    By Tom Bailey May 19, 2019
  • Health Care

    Knocking out Parkinson’s: Studies show throwing punches slows disease progression

    Boxing classes across the Mid-South are slowing and even reversing the symptoms of Parkinson's disease, a neurodegenerative disorder that results in the loss of hand-eye coordination, posture, reflexes and other motor skills. 

    By Michelle Corbet May 24, 2019
  • Business

    New enterprise could awaken local food economy

    The co-founders unveiled the well-funded 275 Food Project, a comprehensive “social enterprise” to boost the local-food economy in Memphis as well as access to local food and the jobs it creates.

    By Tom Bailey May 23, 2019
  • Business

    Galilee cemetery to reopen to public beginning Saturday

    Galilee Memorial Gardens will reopen on weekends and holidays under a court-approved plan. The cemetery was closed in 2014 after its owner was arrested for mishandling bodies and theft.

    By Jared Boyd May 25, 2019
  • Business

    Memphis budget season offers different path to resolution

    The city council still has some difficult decisions to make. But past budget seasons show there is also still some compromise possible between what the mayor proposed and what the council decided last week.

    By Bill Dries May 25, 2019

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