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Business

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  • Premium Business

    The xAI gigafactory could be ready this summer or fall

    The supercomputer intended to power and do computations for Grok, the chatbot run by xAI’s artificial intelligence, could be up and running as early as August, a source familiar with the matter told The Daily Memphian.

    By Samuel Hardiman June 17, 2024
  • Premium Spirit of Memphis

    Passion for Overton Park fed strong roots for future

    After 12 years, Overton Park Conservancy executive director Tina Sullivan is ready to step down and she’s confident the green space will endure and thrive under the next generation of leadership.

    By Jane Roberts June 18, 2024
  • Premium Ford Megasite

    Arlington added to TDOT priority list for revamped I-40 interchange

    Arlington’s growth, with a slight nod to the proposed BlueOval City plant, has nudged the project higher on the TDOT priority list. Mayor Mike Wissman said the town has sought the interchange work for years.

    By Michael Waddell June 16, 2024
  • Business

    Cheesecake Factory at Wolfchase Galleria closing

    The Cheesecake Factory, a plum for Memphis when it arrived in 2015, is closing its only area store, which employs 75 to 100 people in full- and part-time jobs.

    By Jane Roberts June 15, 2024
  • Business

    Macy’s in Oak Court for sale

    It’s one of 150 stores across the nation for sale; two brokerage houses are managing the listings. 

    By Jane Roberts June 14, 2024
  • South Memphis

    ‘It’s about transforming lives,’ mayor says, as he cuts ribbon on latest South City addition

    The ribbon-cutting Thursday, June 13, of a new senior-citizen apartment building at the former Foote Homes was also a look back at the longer timeline of the city’s move to mixed-income communities.

    By Bill Dries June 13, 2024
  • Real Estate

    Midtown Whataburger rejected; U of M area gas station approved

    The development was originally approved under the condition that no drive-thru restaurants would be allowed. 

    By Aisling Mäki June 16, 2024
  • Premium Business

    Supreme Court favors Starbucks in Memphis 7 ruling

    Local employment attorneys weigh in on the recent Supreme Court ruling. 

    By Jane Roberts June 13, 2024
  • Health Care

    Supreme Court preserves access to widely used abortion medication

    The Supreme Court on Thursday unanimously preserved access to a medication that was used in nearly two-thirds of all abortions in the U.S. last year.

    By The Associated Press June 13, 2024
  • Transportation & Logistics

    FedEx plans to cut 1,700 to 2,000 jobs in Europe

    The cuts are expected to generate $125 million to $175 million in savings, which the company expects to see in two years.

    By Jane Roberts June 12, 2024
  • Premium City of Memphis

    Where will xAI rank among Memphis water users?

    Information obtained by The Daily Memphian through a Tennessee Public Records Act request shows xAI could rank among the top-five Memphis Light, Gas and Water customers.

    By Samuel Hardiman June 14, 2024
  • Movers and Shakers

    Movers & Shakers

    University of Tennessee Health Science Center and Trustmark announce additions. 

    By The Daily Memphian Staff June 15, 2024
  • Premium Germantown

    Thornwood’s newest hotel to open in coming weeks

    The Marriott-branded hotel is the sixth phase of the mixed-use development in Germantown.

    By Abigail Warren June 11, 2024
  • Real Estate

    Highland Strip college bar closed but will reopen

    Ubee’s on Highland has closed but the owners plan to reopen at another location, most likely in the suburbs. 

    By Sophia Surrett June 11, 2024
  • Premium Public Safety

    Shooting of rideshare driver at airport signals need for stronger security

    The wounding of a rideshare driver during an attempted carjacking at the Memphis International Airport early Monday, June 10, has made waves in the local ride-sourcing community.

    By Julia Baker June 11, 2024
  • free with sign-up Food News

    Memphis Made to close Cooper-Young location

    “We’ve needed a larger brewery for years and this one will allow us to grow and produce even more styles of beer,” said Andy Ashby, one of Memphis Made’s co-owners. 

    By Jennifer Chandler June 10, 2024
  • Premium Health Care

    St. Mary’s students get robotics training from Saint Francis surgeons

    Meagan Michael, the STEM teacher who launched St. Mary’s robotics program in 2017, said a visit to the hospital was the perfect opportunity for her students to see how what they learn in her classroom can be applied in the real world. 

    By Aisling Mäki June 10, 2024
  • Premium Transportation & Logistics

    FedEx combines back shops, sets table to integrate ground, express

    Flattening a network built over decades for two different lanes of traffic means FedEx almost certainly will close hubs and sell real estate.

    By Jane Roberts June 10, 2024
  • Premium Geoff Calkins

    Calkins: Elon Musk is great news for Memphis. (Don’t believe what you read on Nextdoor.)

    Ted Townsend had to answer some questions about Elon Musk and xAI on Sunday. And he couldn’t very well duck them. They were from his mom.

    By Geoff Calkins June 10, 2024
  • Premium Business

    Behind the Musk deal: the largest economic investment in Memphis history

    “The vision that (Elon Musk) shared, knowing that vision includes Memphis in the winning equation, that for me was a goose bump moment,” Greater Memphis Chamber President and CEO Ted Townsend said. 

    By Sophia Surrett June 11, 2024
  • 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

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