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Business
The Shelby County Commission voted to authorize a 30-year, $100 million tax increment financing district for phase I of the $950 million Union Row development Monday, despite a request from Mayor Lee Harris and two county commissioners to delay the vote. -
Real Estate
New hotel to be built near Ikea
A TownePlace Suites by Marriott, designed for longer guest stays, will be built near Ikea in Cordova.
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Transportation & Logistics
FedEx expects growth to continue despite trimming of workforce
FedEx may be trimming jobs with its newly announced voluntary buyout program, but if history is a guide, it doesn't mean the Memphis-based company is done growing. In fact, its workforce has kept pace with rising global shipping demand, despite notable personnel cuts in 2004, 2009 and 2014.
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Business ServiceMaster divesting Terminix fumigation business
Memphis-based ServiceMaster Global Holdings is divesting part of its Terminix pest control business. -
Real Estate
Free falling: Furniture, debris plunge from future hotel
Old desks, chairs and rubble have been flying out the back of the 10-story Dermon Building, as an interior-demolition crew prepares the historic structure for a future renovation.
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Business
Rays of Wisdom: When is the right time to retire?
Ray’s Take: When can (or should) I retire? This is probably one of the most frequently asked questions I get from my clients. And the short answer is … it depends. Deciding when to retire is a very personal decision. There is no magic number or one-size-fits-all answer when it comes to retiring. -
Business
Tipping Point: Service to the Memphis community is Fogelman’s cornerstone
For Mark Fogelman, president of Fogelman Properties, service to the community has always been a core motivation. Leading a growing real estate firm along with his brother Rick Fogelman requires business savvy, sure, but for Fogelman, community comes before profit. -
Real Estate
Indigo Ag secures final incentive ‘puzzle piece’
At its last meeting of 2018, the EDGE board ran through a slew of approvals, including part of Memphis and Shelby County’s promised incentive to land Indigo Ag’s North American headquarters. -
Real Estate Huge neighbor supports plan for Racquet Club property
The owner of the Clark and i-bank towers in East Memphis supports a plan to make the area in and around the Racquet Club property more of a pedestrian community.
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Business
The Daily Traveler: St. Lucia – An Unmatched Caribbean Jewel
A travel writer friend of mine visited St. Lucia a few years back. I can still picture her social media posts, revealing calm water in the shadows of these giant twin peaks that tower over the southwest side of the island. She hiked in the rainforests, swam in a waterfall, bathed in mineral-rich mud and snorkeled at the foot of one of those dramatic peaks. -
Transportation & Logistics
FedEx announces buyouts, lowers earnings expectations on global slowdown
Citing global economic weakness, FedEx on Tuesday announced a voluntary buyout program for U.S. employees and dialed back forecasts for full-year earnings and a major profit improvement program. -
Business
Without philanthropy, Ravine will be ‘grittier’ than the renderings
A vacant rail spur beside the former Kudzu’s Bar & Grill received initial funding to be transformed into a shared public plaza. -
Health Care
Personal intervention reducing frequent, uninsured ER visits at Regional One
Early results show new Regional One Health program cutting costs, but also improving the lives of uninsured patients who visit too frequently for a variety of reasons.
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Business
Health lounge set to open in Lakeland in time for New Year’s resolutions
After losing 25 pounds in two months going to Nutrition Bar in East Memphis, Chuck Laminack decided the concept was successful enough to open his own rendition of the shop on Canada Road. -
Real Estate
Triple Threat: Hyneman developing retail, office and residential
Construction wraps up over the next couple of weeks on the new Houston Levee Market retail center in Collierville, developer Kevin Hyneman’s first retail endeavor in a decade. -
Real Estate
Indigo Ag bringing 700 jobs to Downtown Memphis
Indigo Ag will establish its headquarters for North American commercial operations in Downtown Memphis, where the high-tech agriculture firm will increase its workforce by another 700 corporate employees and invest $6.6 million over the next three years, company, state and local officials announced Wednesday. -
Real Estate
Wonder Bread developers seeking grant for expansive Edge District park
PGK Properties, which is spearheading the redevelopment of the former Wonder Bread plant in the Medical District, is seeking a grant from the Downtown Memphis Commission for a park that could cost up to $5.7 million. -
Real Estate
Cidery submits plans for Downtown location
Century Tree Cider Co. has submitted plans for a new craft cidery and taproom near Downtown Memphis. -
Real Estate
Arcade Restaurant to undergo expansion, renovation next year
The owners of the historic Arcade Restaurant at South Main and G.E. Patterson are planning an expansion and renovation next year, with a coffee/liquor bar among their plans. -
Transportation & Logistics
Amazon spreads delivery network into Memphis with Prime vans, contractors
‘Tis the season for home deliveries. -
Breaking News Real Estate
Hotel, apartments proposed for Racquet Club site
The Racquet Club may be redeveloped with an upscale Hilton hotel and high-end apartments in a way that helps transform the surrounding area into a more pedestrian friendly place, club owners told members this week. -
Business
Career Corner: Let go of fear and find yourself
As we enter approach the new year, there’s a lot of talk about setting goals. They may be related to career, family, fitness or other personal pursuits. It’s interesting to think about which goals will be achieved and which eventually will be shelved. -
Movers and Shakers
Movers & Shakers
Global logistics firm Dunavant has added two executives to its Memphis headquarters and promoted two others. -
Health Care
How St. Jude inked a first-of-its-kind esports partnership
St. Jude Children’s Research Hospital is teaming up with a Los Angeles-based esports organization in a first-of-its-kind partnership to raise money through livestreamed gaming. -
Movers and Shakers
Movers & Shakers
W. Anthony “Tony” Neal has joined LeMoyne-Owen College as vice president for institutional advancement. In that role, he will be chief fundraiser for the 156-year-old Memphis college.
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