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Business

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  • Transportation & Logistics

    XPO guarantees jobs to workers displaced by warehouse closing

    XPO Logistics Inc. said Monday it's guaranteeing jobs at other XPO warehouses for all workers being displaced by the scheduled April 15 closing of a Memphis facility operated for Verizon.

    By Wayne Risher February 26, 2019
  • Real Estate

    JNJ Logistics to start building new Memphis headquarters

    JNJ Logistics will break ground on a new headquarters and employ more than 500 near the old Mall of Memphis, but the headcount will eventually exceed 1,000, a consultant says.

    By Tom Bailey, Michelle Corbet February 25, 2019
  • Business

    Chancellor dismisses Sheraton petition challenging incentives for Loews

    Shelby County Chancellor JoeDae Jenkins on Monday dismissed the Sheraton Memphis Downtown Hotel's petition that sought to block a City Council action favoring public incentives for a Loews hotel.

    By Wayne Risher February 25, 2019
  • Business

    U of M files $25M permit for new recreation center

    Construction on a new recreation center at the University of Memphis that will join the Larry O. Finch Center should get underway in June.

    By Natalie Pilgrim February 25, 2019
  • Business

    New Kroger Delta Division president to focus on improving shopping experience

    The Kroger Co. recently promoted Victor Smith, former vice president of merchandising for the Ralphs Division, to president of the Memphis-based Delta Division, which extends to Jackson, Mississippi, and Little Rock, Arkansas.

    By Christin Yates February 24, 2019
  • Real Estate

    Banner year for Memphis tourism could be so-so year for hoteliers

    Lodging industry consultant Chuck Pinkowski's forecast calls for occupancy and room revenue to fall at Memphis area hotels in 2019 as room supply increases and the convention center is modernized. 

    By Wayne Risher February 23, 2019
  • Real Estate

    Raymond James plans to move from Downtown to East Memphis

    Raymond James & Associates emailed Memphis employees Friday to inform them of plans to move from Downtown to East Memphis, sources say.

    By Tom Bailey February 25, 2019
  • Health Care

    St. Jude honors Memphis with ‘Spirit of the Dream’

    Despite past years of racial discrimination, the children's research hospital that treats patients regardless of race, religion or ability to pay, honored the city of Memphis' 200-year milestone. 

    By Michelle Corbet February 25, 2019
  • Business

    Bilingual auctioneer will convert numbers quickly for bidders

    A Memphis auction firm has hired a bilingual auctioneer for times when the chanted numbers need to be translated from English.

    By Tom Bailey February 23, 2019
  • Health Care

    School shootings increase crisis hotline calls

    As the country looks back on the school shooting in Parkland, Florida, a year ago, local counselors report an increasing number of calls to a youth crisis/suicide hotline. 

    By Michelle Corbet February 26, 2019
  • Business

    Emerge Memphis using money from building’s sale to fund startups

    The nonprofit organization Emerge Memphis sold its historic Downtown building for $3.55 million, and will use the money to help fund Memphis startup companies.

    By Tom Bailey February 22, 2019
  • Real Estate

    Property assessor wants in on the front end of deals after Electrolux fallout

    Finding out after the fact that the value of Electrolux's plant was undervalued, Shelby County's property assessor wants to get blueprints, permits and personal property records up front. 

    By Michelle Corbet February 22, 2019
  • Health Care

    Methodist Healthcare ends partnership with West Cancer Center, plans new institute

    Methodist Le Bonheur Healthcare is ending its partnership with West Cancer Center in favor of forming a new comprehensive cancer institute.

    By The Daily Memphian Staff February 22, 2019
  • Business

    MLGW to talk with other electric providers as it weighs long-term future with TVA

    MLGW president and CEO J.T. Young says the utility will talk with some alternate electric providers as it weighs a long-range examination of ending or altering its 80-year relationship with TVA. 

    By Bill Dries February 22, 2019
  • Business

    Alternative sites for Memphis in May festival latest point of contention

    Memphis in May International Festival officials on Friday released the Downtown Memphis Commission's list of six alternative sites for the premier outdoor festival, including Beale Street and two on Mud Island, unbeknownst to the Downtown organization. 

    By Michelle Corbet February 22, 2019
  • Business

    Let’s Grow: Rely on workplace culture to embrace innovation

    Clinging to specific innovation methods doesn't work. The secret to innovation is that there is no secret method or formula, only what works in your workplace culture. 

    By Michael Graber February 23, 2019
  • Business

    Construction permit sought for cobblestone restoration

    Memphis River Parks Partnership has filed for a building permit to restore the historic cobblestone field on the Downtown riverfront.

    By Tom Bailey February 22, 2019
  • Business

    Three successful women headline Daily Memphian seminar

    The Daily Memphian Women and Business Seminar features Beverly Roberston, Gina Sweat and Melissa McFerrin.

    By The Daily Memphian Staff February 22, 2019
  • Health Care

    Saint Francis makes room for families with new birthing center

    Saint Francis Hospital-Memphis creates a welcoming environment for newborns and birth moms, but its new facility may also attract more physicians and their expecting patients.

    By Michelle Corbet February 21, 2019
  • Transportation & Logistics

    FedEx outlines pay package for Raj Subramaniam

    New FedEx Corp. president and chief operating officer Raj Subramaniam would earn $1.2 million in base salary and bonuses over the next year under a compensation package outlined Wednesday, Feb. 20.

    By Wayne Risher February 21, 2019
  • Real Estate

    Emerge Memphis building is sold

    A Nashville real estate investment firm has purchased the 109-year-old office building that houses Emerge Memphis at 516 Tennessee for $3.7 million.

    By Tom Bailey February 22, 2019
  • Real Estate

    Details emerge about Amazon’s delivery station in Memphis

    A 91,852-square-foot warehouse and 547 parking spaces comprise much of Amazon's planned delivery station near I-240 and Lamar, construction documents show.

    By Tom Bailey February 22, 2019
  • Business

    Rays of Wisdom: How active mutual funds work

    When it comes to mutual funds, there are two different investment choices: active and passive. Both investing styles can be beneficial in your overall financial portfolio.

    By Ray and Dana Brandon February 22, 2019
  • Business

    Tipping Point: Peter Abell works to direct symphony to success

    Peter Abell comes from a musical family, but he found his way to the Memphis Symphony Orchestra through its administrative offices.

    By Christin Yates February 22, 2019
  • Business

    Memphis in May seeks Tom Lee Park redesign changes

    Memphis in May International Festival's chief executive will seek alterations to a plan to redevelop Tom Lee Park, sharing his concerns about how its largest events will fit into smaller space in the new park. 

    By Michelle Corbet February 22, 2019

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