Following two back-to-back quarters that saw FedEx report earnings well below company expectations, the shipping giant has been enacting sweeping cost-cutting initiatives.

This week’s Inked covers news on RKA’s new commercial branch, a notable Downtown barbershop closes and updates on the Sterick Building. 

WYXR, Spirit Architecture Group, University of Tennessee Health Science Center, Innovate Memphis and Samaritan Counseling Centers of the Mid-South announce promotions and additions. 

The Memphis-based company reported 2022 adjusted operating earnings of $1.2 billion, compared with the $944 million it recorded for 2021. 

The 10 small businesses chosen by FedEx will win $30,000 and $1,000 in FedEx Office print credit. 

The award recognizes a business organization that has diligently built and maintained a strong and dependable relationship with the Lakeland community.

“The state has determined right now that it’s in the best interest of Tennesseans for the state to assume direct financial and managerial responsibility for these services,” Health Commissioner Ralph Alvarado told Tennessee lawmakers.

Suburban home sales dipped in 2022, and new home sales remained low compared to the previous year.

The evaluation is part of the Shelby County Health Department’s effort to gain national accreditation from the Public Health Accreditation Board. 

Belz Enterprises plans to convert former office spaces at 119 S. Main St. into 73 apartments. 

“Dr. Park brings a wealth of knowledge, deep experience and considerable talent to St. Jude.”

With concerns about crime, congestion and over-development, Lakeland officials have placed a one-year moratorium on commercial projects along U.S. 70.

Downtown Mobility Authority agrees to $7 million cleanout request for 100 N. Main building. 

“As a logistics company, you have to have a footprint in Memphis.”

The Memphis Medical District Collaborative, Campfire Collective and Overton Park Shell announce promotions and additions. 

IP’s in-house goals include a target to reduce enterprise greenhouse gas emissions by 35% by 2030. 

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International Paper to sell remaining Russian interests

IP will sell its remaining interest to its joint venture partners for $484 million, according to a statement from the Memphis-based company. 

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International Paper to invest $103 million in Iowa plant

Megabus is broadening its service options, linking Memphis to the Midwest. 

Marlo Thomas, St. Jude’s national outreach director and daughter of St. Jude founder Danny Thomas, was in Memphis to cut the ribbon at the commons, which will officially open on Feb. 7. 

Once redevelopment is complete, 100 N. Main will include a restaurant, condos, 205 apartments, 160-room hotel and offices. 

Developer Bill Townsend originally mapped out plans to turn the historic Pillow-McIntyre House into an antique shop. Then he had second thoughts. He shares his new plans for two historic properties in the Victorian Village neighborhood. 

Urban Earth Garden Market and Nursery in Midtown hosts the “Houseplant Seminar: Aroid Edition” for fans of philodendrons and their kin.

The ambulances will be funded by nearly $1 million U.S. Rep. Steve Cohen (D-Memphis) secured through the congressional appropriations process. 

The Memphis Dental Society and Shelby County Dental Society are partnering to host Mid-South Mission of Mercy at Bellevue Baptist Church. 

Memphis moved up three notches on MovieMaker Magazine’s list of the 25 Best Places to Live and Work as a Moviemaker.