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Business

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  • Real Estate

    Orange Mound Tower $40M redevelopment entering design phase

    Co-owned by Black nonprofit organizations Tone Memphis and Unapologetic, the mixed-use development project has begun its design and schematic phases with construction to soon follow in late 2024 or early 2025. 

    By Sophia Surrett June 09, 2024
  • free with sign-up Business

    Miss Crumpy’s distribution center opens in Whitehaven

    Freda Crump moved back to Memphis from Atlanta and wanted to find a way to “stay in the industry but in a different capacity and still honor and respect the legacy that my dad had built.”

    By Christin Yates June 09, 2024
  • Business

    Carnival Memphis’ Children’s Charity Initiative hits $5M in fundraising

    Church Health, Binghampton Christian Academy and Girls Inc. of Memphis are this year’s chosen charities for Carnival Memphis’ Children’s Charity Initiative, which to date has donated more than $5 million to community organizations.

    By Aisling Mäki June 07, 2024
  • Premium Business

    Exclusive: Other Musk companies could consider Memphis; supercomputer will use 100K Nvidia chips

    A source who spoke with The Daily Memphian exclusively on Thursday shed light on why the company chose Memphis, including the city’s ample land at fair prices. 

    By Samuel Hardiman, Sophia Surrett June 07, 2024
  • Premium Food News

    Food Files: Zinnie’s closing is temporary, but SupperClub closing is permanent

    Zinnie’s is closing temporarily to renovate inside and update the menu. But SupperClub on 2nd is closing for good, and Lucy J’s Bakery in Crosstown Concourse is cutting its hours.

    By Sophia Surrett June 07, 2024
  • Business

    Primas shop to close, bakery will stay open

    While Shop Mucho inside Primas Bakery + Boutique will close next month, RM Petit Cakes, the artisan dessert shop that shares the building, will remain open for business. 

    By Aisling Mäki June 07, 2024
  • Health Care

    Stryker announces acquisition of Atlanta-based business

    Medical-device maker Stryker’s Arlington campus houses its foot and ankle business and consists of a manufacturing and distribution center and a biologics building where nonmetal products like bone grafts are made. 

    By Aisling Mäki June 06, 2024
  • Health Care

    Registration opens for 2024 St. Jude Marathon Weekend

    Organizers anticipate this year’s event will bring more than 22,000 people to Memphis, representing all 50 states and more than 75 countries.

    By Aisling Mäki June 05, 2024
  • Business

    Packaging manufacturer will close Memphis facility

    Bryce Corp. is closing its manufacturing site at 4504 Old Lamar Ave. because the products manufactured there are also manufactured at other sites within the company’s operational footprint, including one in Searcy, Arkansas.

    By Aisling Mäki June 05, 2024
  • South Memphis

    Leaders, lawmakers applaud xAI plans for Memphis as ‘historic’

    Reaction to word of an AI supercomputer coming to southwest Memphis drew bipartisan support from elected and other officials in the city and the region.

    By Bill Dries June 05, 2024
  • Business

    Elon Musk-founded xAI to build ‘gigafactory of compute’ in Memphis

    The facility could be worth billions of dollars and be one of the most advanced computing sites in the world.

    By Samuel Hardiman June 06, 2024
  • Business

    First Horizon named among best employers for new grads

    Headquartered in Downtown Memphis, First Horizon employs 7,378 people in 12 states across the Southern U.S. and has $81.8 billion in assets. 

    By Aisling Mäki June 05, 2024
  • Premium Real Estate

    Inked: Bath & Body Works coming to East Memphis; Woodspring Suites sold

    Plus, Gloss Nail Bar signs final lease, fully booking a Germantown shopping center.

    By Sophia Surrett June 05, 2024
  • Movers and Shakers

    Movers & Shakers

    WYXR 91.7FM, Memphis-Shelby County Schools and Stranch, Jennings & Garvey, PLLC announce promotions and additions. 

    By The Daily Memphian Staff June 08, 2024
  • Ford Megasite

    BlueOval plant manager leaves for Miss. EV battery plant

    Kearns retired from Ford Motor Co.‘s Tennessee Electric Vehicle Center in BlueOval City and will now lead Amplify Cell Technologies, an electric vehicle battery plant planned for Marshall County, Mississippi.

    By Aisling Mäki June 05, 2024
  • Transportation & Logistics

    Larry Cox, who led airport through big-growth decades, dies at 76

    Cox was one of only five people who have led the Memphis-Shelby County Airport Authority since its formation in 1969. At 29 years, his tenure was the longest, by far.

    By Jane Roberts June 04, 2024
  • Premium Health Care

    NASA taps Regional One doc to improve space travel safety for astronauts

    Dr. Tony Alleman of Regional One Health’s Wound Care Center is one of the nation’s leading experts on hyperbaric oxygen therapy — the only known cure for decompression sickness or “the bends,” which affects both divers and astronauts. 

    By Aisling Mäki June 02, 2024
  • Premium Real Estate

    DMC’s ‘last resort’ in its toolkit is blight lawsuits

    The Downtown Memphis Commission’s anti-blight committee files lawsuits against blighted properties in Memphis that are inhabitable. The DMC said the litigation is the effective, but “last resort.” 

    By Sophia Surrett June 03, 2024
  • Music

    Promoter begins blues, Southern soul format on Flinn AM/FM stations

    Lamonte Cunningham, owner of ER Entertainment, is launching The Source 104.1 FM, a Southern soul and R & B format station, Saturday, June 1, hoping to give new talent a boost.

    By Jane Roberts May 31, 2024
  • Transportation & Logistics

    TOSHA issues no citations, fine, in death of 86-year-old at FedEx hub

    Verna Mae Jackson was hit and pinned by a 2,500-pound dolly Nov. 29, 2023, and pronounced dead at Regional One. Co-workers told investigators she sometimes walked between dollies, which is against company policy. 

    By Jane Roberts June 01, 2024
  • Transportation & Logistics

    FedEx will transport National Zoo arrivals by ‘Panda Express’

    Memphis-based FedEx will transport the giant pandas from China to Washington by the end of the year via a FedEx Express Boeing 777-Freighter, known as the FedEx Panda Express.

    By The Associated Press June 03, 2024
  • Health Care

    Jon McCullers steps down from UTHSC administrative roles

    Dr. Jon McCullers was integral to Memphis’ COVID pandemic response as a key organizer of the Tiger Lane public immunization clinic and a member of the regional COVID response team. 

    By Aisling Mäki May 31, 2024
  • Business

    Epicenter president stepping down to pursue NASA opportunity

    Since 2020, Jessica Taveau has led Epicenter, a nonprofit that supports Memphis area entrepreneurs and startups. 

    By Aisling Mäki May 31, 2024
  • Neighborhoods

    Next-to-last phase of $187M Foote Homes redevelopment is complete

    The development involves transforming the 712-unit Foote Homes into a mixed-income neighborhood with 393 replacement units, 126 mid-range affordable units and 193 market-rate units.

    By Sophia Surrett June 13, 2024
  • Premium Real Estate

    Food Files: Frank Grisanti’s has closed

    Also: Memphis’ first Waldo’s Chicken and Beer is now open and Plant Based Heat Express is making some changes at its Downtown location.

    By Sophia Surrett May 31, 2024

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