The restoration of the Cycle Shop itself is nearly complete, with the expected groundbreaking for the multi-family element of the project set for early 2024.

The new location at 734 Mt. Moriah Road is across from Gus’s Fried Chicken and along the same stretch as The Urban Gardener, Gibson’s Donuts and Garibaldi’s Pizza. 

Another popular restaurant is headed to East Memphis, and we’ve got a new restaurant reporter. 

“The back door to Downtown” is seeing a resurgence of residents and businesses, especially as construction continues on the nearby interstate. 

Carpenter Art Garden wants to lease land from the city, while Calvary Church wants to teach kids to ride horses.

Baptist Memorial Restorative Care Hospital, Lehman-Roberts and sister company Memphis Stone & Gravel, Alera Group and Methodist Le Bonheur Healthcare announce promotions and additions. 

The news Monday left some wondering if a strike by FedEx pilots was imminent.

Related story:

FedEx pilots reject new contract

FedEx pilots rejected a tentative agreement with the company by a vote of 57% to 43%. 

One of the main reasons FedEx’s fleet has grown despite the company saying it plans to scale back is due to purchase commitments it has made with aircraft manufacturers like Boeing.

Customers may come in for a basic haircut and leave with a free blood pressure check. Methodist Hospital North’s partnership with area barbers brings care to men most at risk of hypertension. 

Synthetic identity fraud is harder to prevent or detect than other forms of identity theft. Children’s SSNs are particularly vulnerable because they often aren’t monitored and the theft may not be detected for years.

Altogether, Canada-based Magna International plans to invest $790 million to create three facilities to supply parts for the campus near Stanton, Tennessee.

The bulk of that went to approve a proposal of more than $44 million for the reconstruction of the west half of the Taxiway Alpha at Memphis International Airport.

One of the world’s largest automotive suppliers will build the first two supplier facilities at Ford’s BlueOval City supplier park in Stanton, Tennessee.

The new location joins more than 200 American Deli locations across eight states. In Tennessee, this will bring the number of American Deli locations to 11.

Despite potential uncertainty following the dissolution of a $13.4 billion merger with TD, First Horizon says it pulled in 32,000 new-to-bank clients during the quarter, bringing $3.5 billion in deposit balances. 

Formerly incarcerated people can learn job skills while earning money through a Shelby County Office of Re-Entry program called Focused.

“Decisions of this nature are never made lightly and are the result of much thought and consideration for the needs of our business,” FedEx said in a confirmation email to The Daily Memphian.

When the Federal Aviation Administration announced in March it would invest $14.8 million into upgrades at Memphis International Airport, the agency also announced it would grant Millington’s airport $1 million toward the new terminal. 

KPMG, Tioga Environmental Consultants and Red Door Wealth Management announce new additions.

In addition to his salary, FedEx announced Monday that Dietrich will receive a signing bonus of $200,000, which will be paid in two installments.

Related story:

FedEx names new CFO and EVP, announces shifts in its finance team

The Memphis-based company announced Monday, July 17, its hiring of John W. Dietrich to the role, which will be vacated by CFO Michael C. Lenz on July 31.

Related story:

New FedEx CFO will earn an annual salary of $919,000

The grand opening will be accompanied by a five-day fundraiser from July 19 to 23 for the Saving Lost Kids non-profit organization.

“I decided I was gonna sell some lipstick,” Angelita Parham recalls. “I put them on Facebook and, honey, they sold out in the first day.”

In Tennessee, the Peach Cobbler Factory has 17 new locations planned, which will bring the number of venues in the state to 20.