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Business

  • Real Estate
  • Financial Services
  • Health Care
  • Transportation/Logistics
  • Movers and Shakers
  • Ford Megasite
  • Update Transportation & Logistics

    FedEx pilots reject new contract

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

    By Rob Moore July 24, 2023
  • Premium Transportation & Logistics

    On the road to consolidation, FedEx’s aircraft fleet grows

    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.

    By Rob Moore July 24, 2023
  • Health Care

    Some barbershops put heart into clients’ wellbeing

    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. 

    By Aisling Mäki July 23, 2023
  • Business

    Hutchinson: Protect kids from ‘Frankenstein Fraud’

    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.

    By Randy Hutchinson July 23, 2023
  • Premium Ford Megasite

    Building 3 plants to supply BlueOval ‘really shows our commitment’

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

    By Rob Moore July 22, 2023
  • Transportation & Logistics

    Airport Authority approves nearly $50M for new development projects

    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.

    By Rob Moore July 20, 2023
  • Ford Megasite

    Manufacturer to invest more than $790M in BlueOval supplier facilities, create 1,300 jobs

    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.

    By Rob Moore July 21, 2023
  • South Memphis

    American Deli has a new location on Lamar Avenue

    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.

    By Sophia Surrett July 19, 2023
  • Exclusive Financial Services

    First Horizon CFO says strong earnings day should reassure clients and investors

    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. 

    By Rob Moore July 20, 2023
  • Business

    County re-entry office offering paid training program

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

    By Aarron Fleming July 19, 2023
  • Transportation & Logistics

    FedEx lays off small team, closes Indianapolis facility

    “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.

    By Rob Moore July 19, 2023
  • Premium Business

    Inked: $2.5M for Millington airport, 48 S. McLean Blvd. project moves forward

    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. 

    By Rob Moore July 19, 2023
  • Movers and Shakers

    Movers & Shakers

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

    By The Daily Memphian Staff July 22, 2023
  • Premium Transportation & Logistics

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

    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

    By Rob Moore July 17, 2023
  • Transportation & Logistics

    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

    By Rob Moore July 17, 2023
  • Business

    Jersey Mike’s opens a new location in Memphis

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

    By Sophia Surrett July 17, 2023
  • Premium South Memphis

    Local beauty brand makes mark on Whitehaven

    “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.”

    By Beth Sullivan July 16, 2023
  • Food News

    Peach Cobbler Factory opens second Memphis location

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

    By Sophia Surrett July 19, 2023
  • Education

    College grads question future after Supreme Court nixes loan relief

    Three Memphis college graduates discuss facing the possibility of no student loan forgiveness and how it could affect their future long term. 

    By Alicia Davidson July 16, 2023
  • Business

    Greater Memphis Chamber travels to New York, shares Bluff City’s story

    Chamber leadership met with media representatives in the Big Apple to discuss Memphis’ robust economic development pipeline, as well as the area’s workforce diversity.

    By Rob Moore July 16, 2023
  • Premium Downtown

    Burgeoning Mississippi riverboat industry faces more drought, flooding

    As demand for overnight river cruises on the Mississippi increases, the industry also faces increasing climate threats. Recent years have seen wild swings between heavy rainfall and severe drought, making the river tougher to navigate.

    By Keely Brewer July 16, 2023
  • Food News

    Memphis distillery adds tasting room to attract tourists and locals

    A new tasting room hopes to put New Chicago on the map.

    By Matthew Fite July 17, 2023
  • Health Care

    FDA approves Opill, first birth control pill that won’t require prescription

    The manufacturer expects it will be on grocery and convenience store shelves in early 2024. Price, a critical factor, has not been announced. 

    By Jane Roberts July 14, 2023
  • Premium Downtown

    With cruises bringing affluent travelers to town, Memphis looks to the river

    With the return of river travel, three companies are currently offering overnight cruises on the Mississippi while nearby cities look to cash in. 

    By Keely Brewer July 15, 2023
  • Real Estate

    Owner prepares sale of Eastgate Shopping Center’s office buildings

    An affiliate of Gulf Coast Commercial Management, 210 Development bought the 450,000-square-foot office and retail center in 2022 for $49.1 million. 

    By Rob Moore July 13, 2023

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