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Business

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  • Real Estate

    Downtown developer sued for blight

    The Downtown Memphis Commission has filed eight lawsuits against Tom Intrator through its anti-blight committee.

    By Sophia Surrett August 06, 2024
  • Business

    Musk’s xAI could share greywater plant with TVA

    A source close to xAI said it could share a greywater plant with the Tennessee Valley Authority. TVA did not dismiss the idea. 

    Related story:

    Musk says Memphis supercomputer has powered up

    By Samuel Hardiman, Sophia Surrett July 23, 2024
  • Business

    St. Columba director taking new assignment in Florida

    Brad Thompson is the new executive director of DaySpring Conference Center, owned by the Episcopal Diocese of Southwest Florida. He starts Sept. 1.

    By Jane Roberts July 22, 2024
  • Business

    Musk says Memphis supercomputer has powered up

    The billionaire was likely in Memphis this weekend. 

    By Samuel Hardiman July 22, 2024
  • Real Estate

    Developer wants to turn Midtown area into Nashville’s The Gulch

    Developer Taylor Caruthers said The Gulch’s mixed-use buildings, which have ground-floor retail and apartments on top, inspired him to imitate them. 

    By Sophia Surrett July 22, 2024
  • Premium Food News

    Food Files: Cxffeeblack cans, Biggby Coffee expansion, Poppz Grand opening

    Cxffeeblack has slowly produced Gold Brew coffee cans to test the demand. Now, co-owner Bartholomew Jones said they can’t keep them in stock.

    By Sophia Surrett July 19, 2024
  • Ford Megasite

    BlueOval SK names new executive to lead EV battery production

    BlueOval SK’s new chief production officer, Jiwon Park, brings his more than 20 years of experience in the EV battery manufacturing industry to the new plant outside Stanton. 

    By Aisling Mäki July 18, 2024
  • Transportation & Logistics

    Airport’s Concourse A coming down, board OKs $8.4M demo contract

    Demolition of Concourse A will take from eight to 10 months, but public disruption is expected to be minimal. Other work starting this fall will require rerouting traffic coming into the airport.

    By Jane Roberts July 18, 2024
  • Real Estate

    100 N. Main loan approved, Texas-based company coming to Memphis

    The 100 N. Main development team awarded an additional $1.8 million loan, the Texas-based company Reconext was awarded a tax incentive, two companies received tax-incentive amendments and more.

    By Sophia Surrett July 19, 2024
  • Business

    TruGreen splitting operations between Memphis and Nashville

    The move will result in the loss of dozens of executives in Memphis.

    By Jody Callahan July 17, 2024
  • Health Care

    Four days, 465 miles, one goal: St. Jude supporters begin run to Illinois

    The St. Jude Runs relay fundraiser is a tradition that dates back more than four decades and ends with a parade in Peoria, Illinois, featuring runners from Memphis, Chicago, St. Louis and three dozen other Midwestern cities. 

    By Aisling Mäki July 17, 2024
  • Business

    First Horizon reports better-than-expected second quarter earnings

    Bryan Jordan, who has led the Memphis-based bank since 2007, said the company continues to make “significant progress” on its strategic investments while identifying operational efficiencies. 

    By Aisling Mäki July 17, 2024
  • Premium Real Estate

    Inked: Make-A-Wish makes a move; Life Church space in Cordova sells

    Clark Tower has a new tenant and so does the Renaissance Center. Plus, after a decade on the market, The Life Church sold its property on Germantown Parkway. 

    By Sophia Surrett July 17, 2024
  • Movers and Shakers

    Movers & Shakers

    Tennessee Shakespeare Company and Red Door Wealth Management announce additions and promotions.

    By The Daily Memphian Staff July 20, 2024
  • Premium North Mississippi

    Nesbit’s BT Prime Steakhouse has closed but new owners plan to reopen

    “We’re probably the first restaurant in the world that was doing good but closed,” said Stafford Houston, who recently signed over ownership of the restaurant to two local chefs.

    By Rob Moore July 16, 2024
  • Transportation & Logistics

    FedEx top attorney will retire this year

    Allen joined FedEx in 1982 and served in a variety of leadership roles before taking on his current responsibilities in 2017. 

    By Jane Roberts July 16, 2024
  • Health Care

    Blood services provider issues emergency plea for type O donations

    Memphis-based nonprofit Vitalant, which provides blood to 900 hospitals nationwide, has issued an emergency appeal for type O blood.

    By Aisling Mäki July 16, 2024
  • Premium Business

    XAI supercomputer to turn on mid-August

    All 100,000 H100 Nvidia chips for the xAI supercomputer have been received.

    By Sophia Surrett, Samuel Hardiman July 16, 2024
  • Real Estate

    100 N. Main development team seeking additional funds

    The developer is requesting an extra $1.8 million from EDGE.

    By Sophia Surrett July 15, 2024
  • Premium Spirit of Memphis

    Rhodes professor wrote the book and so much more on W.E.B. DuBois

    Due to the work of Earl Wright II, DuBois now gets credit for conducting the first scientific urban sociological research. When Wright was in college, that credit went to the University of Chicago. 

    By Jane Roberts July 16, 2024
  • Premium Real Estate

    Crosstown Mound development moving forward

    The development, which includes affordable housing units and a park, should be completed in three years once construction starts, which depends on when the mound is leveled. 

    By Sophia Surrett July 15, 2024
  • Food News

    Moneybagg Yo to open a Downtown location of Cache 42

    The Memphis rapper is opening a second location of his restaurant and lounge, but this one will have a slightly different focus. 

    By Jennifer Chandler July 12, 2024
  • East Memphis

    New gas station planned for Poplar-Highland intersection

    A new Mapco Express convenience store could replace the Exxon/Hop-In that burned down in January at Poplar Avenue and South Highland Street.

    By Julia Baker July 12, 2024
  • Transportation & Logistics

    Spirit Airlines adds summer, fall flights to Dallas-Fort Worth

    The low-cost carrier hopes to find a niche in the fourth-busiest destination from Memphis. 

    By Jane Roberts July 12, 2024
  • Premium Downtown

    Sterick developers have plans for newly named Stereo Alley

    The historic alleyway runs east from Second Street now to Fourth Street between Court and Madison avenues. Stuart Harris, a developer who spearheaded a renaming effort, said the “in-between” place holds “a lot of possibility and magic.”

    By Laura Testino July 15, 2024

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