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Business

  • Real Estate
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  • Transportation/Logistics
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  • Ford Megasite
  • Health Care

    Memphis medical device sector boasts nearly $4.1 billion impact

    A new report shows the Greater Memphis area’s medical device industry, which has a nearly $4.1 billion yearly impact on the local economy, added nearly 2,000 jobs and grew its economic output by $1.4 billion since 2015. 

    By Aisling Mäki September 20, 2022
  • Health Care

    The Eye Center marks 20 years of helping Memphians see more clearly

    During its 20 years, more than 687,000 patients have visited The Eye Center at the Southern College of Optometry, and 10,000 have received for free or assisted eye health and vision care made possible through private grants and donations.

    By Aisling Mäki September 21, 2022
  • Premium Arts & Culture

    Memphis artist hopes new venue will ‘shed light’ on city’s art scene

    Hulsey Britt and Frankey Anderson approached Kenneth Wayne Alexander with a proposition: to curate a combined art space, restaurant, and entertainment venue dedicated to Black culture and Black excellence.

    By Joshua Carlucci September 20, 2022
  • Transportation & Logistics

    Memphis International announces nonstop flight to Austin

    American Airlines announced it will launch nonstop service between MEM and Austin-Bergstrom International Airport (AUS) starting in January.

    By Rob Moore September 20, 2022
  • Transportation & Logistics

    FedEx shareholders approve board of directors, executive compensation

    Shareholders approved the company’s 15 nominees to the FedEx board of directors, including two who were named to the board following an agreement between FedEx and activist investor D. E. Shaw, and compensation for the company’s executive officers. 

    By Rob Moore September 19, 2022
  • Business

    AutoZone reports strong quarter, commercial business continues to grow

    The automotive parts retailer reported its operating profit increased 5.7% to $1.1 billion and net income for the quarter increased 3.1% over the same period in 2021 to $810 million.

    By Rob Moore September 19, 2022
  • Germantown

    New shops pack Saddle Creek full

    Shops of Saddle Creek is fully occupied with the additions of some unique-to-market tenants.

    By Abigail Warren September 19, 2022
  • Premium Business

    Kontji Anthony’s new app helps consumers locate hard-to-find items

    Youdle, a mobile-friendly, web-based platform that helps connect consumers with the goods they need, is currently in the development and beta testing phase. 

    By Christin Yates September 19, 2022
  • Opinion

    Four years after launch, The Daily Memphian continues to grow

    The successes we’ve had — along with our continued desire to improve, to expand, and to work even harder — are possible because of so many readers like you.

    By Eric Barnes September 20, 2022
  • Premium Health Care

    Regional One braces for more patients as Mississippi’s only burn center closes

    Come November, Regional One will have the only burn center in a 400-mile radius that’s certified by the American Burn Association. 

    By Aisling Mäki September 19, 2022
  • Premium Health Care

    Salvation Army taps rising stars to turn around local store, rehab

    Their assignment is to make more people aware of the free, 130-bed Adult Rehab Center on Kirby Whitten Road and to bring in more donations for the Family Thrift Store next door.

    By Jane Roberts September 17, 2022
  • Premium Transportation & Logistics

    Does FedEx’s poor quarter signal a global recession?

    News from FedEx has left some wondering what the company’s cost-cutting measures could mean in Memphis. FedEx, the city’s largest employer, has around 30,000 employees here.

    Related story:

    FedEx closing offices, deferring hiring, reducing flights after weak quarter

    By Rob Moore September 18, 2022
  • Premium Real Estate

    New owners ready to recapture Hotel Pontotoc’s former glory

    Developers Joseph Lewis and Tony Kuhn plan to begin $3.2 million restoration this fall. 

    By Neil Strebig September 16, 2022
  • Health Care

    First cases this year of West Nile detected

    The two cases are also the first in Tennessee. 

    By The Daily Memphian Staff September 16, 2022
  • Health Care

    500 listen to ‘Maid’ author at MIFA’s Our City, Our Story lunch

    MIFA hopes events kicks off frank discussions in city about housing and homelessness.

    By Jane Roberts September 16, 2022
  • Update Transportation & Logistics

    FedEx closing offices, deferring hiring, reducing flights after weak quarter

    Citing adverse “macroeconomic trends,” FedEx CEO Raj Subramaniam announced a variety of cost-cutting initiatives, including reduction in flight frequencies and the closure of over 90 FedEx Office locations.

    By Rob Moore September 15, 2022
  • Health Care

    Somavac earns second patent, looks to ‘break-out’ year in 2023

    “We believe in this technology. This team believes in the need to pay attention to what happens post-operatively to patients as they recover from surgeries,” said the co-founder of the company. 

    By Jane Roberts September 19, 2022
  • Business

    Sylvamo buys Swedish mill in $150 million transaction

    A spinoff of International Paper, Sylvamo became a standalone, publicly traded company last fall. 

    By Rob Moore September 15, 2022
  • Transportation & Logistics

    Biden: Tentative railway labor deal reached, averting strike

    President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy before the pivotal midterm elections.

    Related story:

    A large-scale railroad strike would hit Memphis hard

  • Real Estate

    Malone Park Commons receives $150,000 development grant

    Uptown’s Malone Park Commons sought the special grant after rising construction costs increased the budget, according to staff reports.

    By Neil Strebig September 15, 2022
  • Health Care

    Families of vets will get ‘home away from home’ on VA Medical Center campus

    Fisher House, on the campus of the Memphis VA Medical Center, will provide no-cost accommodations for 16 families or veteran caregivers. The $9 million project is expected to open next fall. 

    By Aisling Mäki September 15, 2022
  • Premium Transportation & Logistics

    A large-scale railroad strike would hit Memphis hard

    The majority of containerized goods coming into the Mid-South from overseas come in on one of the five Class I rails based here, said Woodson Dunavant of the logistics and supply chain management company Dunavant Enterprises.

    By Rob Moore, Jane Roberts September 15, 2022
  • Ford Megasite

    BlueOval’s tech side under control but workforce, traffic and supply chain issues remain

    There are a number of challenges that accompany BlueOval City, the production site by Ford Motor Co. about an hour’s drive from Memphis. 

    By Abigail Warren September 16, 2022
  • Health Care

    Ryan Seacrest Foundation to bring media center to Le Bonheur

    During “LIVE with Kelly and Ryan” Tuesday, Sept. 13, media personality Ryan Seacrest announced that his foundation is investing in a broadcast media center at Le Bonheur Children’s Hospital.

    By Aisling Mäki September 14, 2022
  • Premium Real Estate

    Inked: Emerge building to be rebranded, Monster Mini Golf coming to Cordova

    New Memphis moving to Emerge Building. Number of homes sold drops but August home prices up 5.2% over a year ago. Monster Mini Golf coming to Cordova.

    By Neil Strebig September 14, 2022

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