An SEC filing reveals how much Raj Subramaniam and FedEx founder Fred Smith will earn in their new roles. 

Center City Revenue Finance Corp. board members approved the payment-in-lieu-of-taxes for the mixed-use development in the Edge District. 

Riverview Acquisition Corp. — a special-purpose acquisition company formed by longtime Memphian Brad Martin as a vehicle for merging with a business that then would become public — aims to help small farmers while quenching the thirst for coffees, teas and extracts.

The Greater Memphis Chamber’s new externship program places STEM teachers with local businesses and is part of an effort to build “one of the most robust and inclusive talent pipelines in the nation.”

ZeroTo510, a successful accelerator program founded in 2012 and designed to help entrepreneurs bring medical devices and companies to market, is seeking candidates for its Fall 2022 cohort of med tech founders. 

Germantown residents are seeing the results of Spence Ray’s vision. A hotel is underway and soon Ray will start working on luxury living units.

Brie Carere is a three-time winner of the FedEx Five Star Award, the company’s highest team member honor.

Memphis in May is projecting a record-setting financial loss of roughly $1.9 million for 2022. Its largest loss, previous to this, was in 2020 when the festivities were totally canceled due to the COVID-19 pandemic.

The research mobile exhibit, led by the National Institutes of Health, stops in Memphis this week. 

The Center City Development Corp., approved funding for several Downtown projects, including grants for the two new businesses in Central Station and an improvement grant for the historic R.S. Lewis Funeral Home. 

“Since children can’t be what they can’t see, a critical component of this program is that the participating entrepreneurs represent diverse industries and communities across our region,” said Leigh Mansberg, president and CEO of Junior Achievement.

Federal lawmakers sent a letter to the Office of the Comptroller of the Currency citing a report from investigative news outlet Capitol Forum that TD Bank wrongly pressured customers into opening accounts and using banking services they didn’t want.

The $16.5 million Topgolf facility is slated to include 72 hitting bays, a full kitchen and two bars.

Almost six months after announcing it would be acquired by British company Rentokil for $6.7 billion, Memphis-based Terminix is disclosing potential risks associated with the deal, as well as possible golden parachute payouts for its top executive officers.

Related story:

A timeline behind the Terminix merger agreement

This week’s Inked covers updates on the $65 million Butler Row development, pending changes to the Raymond James building, a new tenant at The Altana in Midtown and a new hotel in the South Main district. 

Hollywood Feed was named to Newsweek’s list of America’s Best Retailers for 2022. 

At a meeting Tuesday, local residents in favor of a split from the Tennessee Valley Authority criticized MLGW’s bid process — and learned who submitted at least one of the power proposals. 

Code enforcement found 36 units with no air conditioning; 36 units had no hot water.

FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.

Recently filed SEC documents reveal that negotiations between Terminix and Rentokil Initial go back at least four years. 

Memphians Frankey Anderson and Hulesy Britt plan to open Cafe Lit, a literary-themed restaurant and bar at 111 Madison Ave. in August. 

After $50 million entertainment hub deal stalls, former movie theater in Hickory Hill has new owners, new vision. 

A change in perception by one Lakeland commissioner has moved the Ashmont project from being in jeopardy to the next phase of consideration.

The awards recognized outstanding achievements in the business community.

East Memphis will soon be home to the area’s first AC Hotel by Marriott and a $100 million India Cultural Center expansion is on its way in Eads.