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Business

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

    Billions of dollars in cuts seemingly help FedEx get back on track

    FedEx stock was up more than 10% following an earnings release last week, with numbers high enough that the company increased its forecast for the full fiscal year.

    By Rob Moore March 20, 2023
  • Real Estate

    Buster’s owners opening butcher shop next door

    “We’re excited. We feel like the market is underserved for independent butchers, and it’s great that we’ll have butchers who know to cook,” said one of the store’s owners. 

    By Jennifer Biggs March 20, 2023
  • Shelby County

    Regional One, new schools plans face critical moment at county commission

    A majority of the commission could greenlight a restructuring of the proposed capital budget County Mayor Lee Harris takes to the commission in April.

    By Bill Dries March 20, 2023
  • Transportation & Logistics

    FedEx impacted by market softness but earnings beat expectations

    FedEx says continued demand weakness, particularly at FedEx Express, affected its most recent earnings period. 

    By Rob Moore March 18, 2023
  • Transportation & Logistics

    Trains derailed at least 35 times in Shelby County since 2018

    Federal government data shows train derailments have been fairly common in Shelby County over the past five years.

    By Samuel Hardiman March 17, 2023
  • Transportation & Logistics

    Memphis International to offer flights to Raleigh-Durham

    Avelo will be the only airline offering nonstop service to Raleigh-Durham International Airport, which serves Raleigh, Durham and the surrounding Research Triangle region of North Carolina. 

    By Rob Moore March 15, 2023
  • Movers and Shakers

    Movers & Shakers

    University of Tennessee Health Science Center has named their first-ever Vice Chancellor for Strategic Partnerships.

    By The Daily Memphian Staff March 15, 2023
  • Premium Financial Services

    First Horizon outlines risks associated with TD merger

    Both banks have to receive regulatory approval from U.S. oversight authorities, and according to First Horizon, the process is taking longer than anticipated, even as they remain committed to the deal.

    By Rob Moore March 15, 2023
  • Health Care

    Health Department ending social media, email COVID updates

    The agency will continue to post weekly COVID-19 updates on its website. 

    By Jasmine McCraven March 14, 2023
  • Downtown

    Nylon Net site redevelopment’s second phase approved

    The Oliver, will now include an additional adjacent parcel at 339 S. Front St., where the development team plans to build 63 additional multifamily units.

    By Rob Moore March 14, 2023
  • Business

    Ronnie DeVoe of New Edition brings homeowner resources to Stax Museum

    Home buyers, real estate professionals and national organizations gathered for the “Live Your Legacy” event on Sunday, March 12.

    By Jasmine McCraven March 13, 2023
  • Music

    Graceland battle brewing in California but impact could land in Memphis

    Priscilla Presley is challenging a document that would make her granddaughter, 33-year-old actress Riley Keough, the sole trustee to what’s left of the family’s stake in Elvis’ empire. 

    By Chris Herrington March 10, 2023
  • Health Care

    Le Bonheur president leaving for Austin, Texas job

    During Michael Wiggins’ tenure, Le Bonheur opened its first pediatric inpatient unit in Jackson, Tennessee, began construction on a $95 million expansion in the Memphis Medical District, navigated the challenges of the COVID-19 pandemic and celebrated Le Bonheur’s 70th birthday.

    By Aisling Mäki March 10, 2023
  • Real Estate

    Nylon Net developer seeks PILOT extension

    The first phase of development, already under construction, will include 210 multifamily residential units and a 262-car parking garage.

    By Rob Moore March 10, 2023
  • Health Care

    Relative Caregiver Program helps keep kids out of Tennessee’s foster system

    Shelby County Relative Caregiver Program has helped more than 9,000 children stay with family members — keeping them out of Tennessee’s foster care system, which has the highest rate of foster care instability in the country.

    By Aisling Mäki March 09, 2023
  • Now unlocked Food News

    Costs in the cart: Food prices continue to rise, some by double digit percentages

    The Daily Memphian takes a look at just how much higher grocery prices are at the local market leaders over the past three years, why they’re so high and where shoppers might find the best deals.

    By Jennifer Biggs March 11, 2023
  • Transportation & Logistics

    Memphis International Airport expects busiest Spring Break since ‘08

     The peak day for this season is expected to be Friday, March 10, with more than 9,000 people projected to pass through the checkpoint.

    By Rob Moore March 08, 2023
  • Movers and Shakers

    Movers & Shakers

    Lehman-Roberts and sister company Memphis Stone & Gravel, Allworld Project Management and Marx-Bensdorf Realtors announce additions and promotions.

    By The Daily Memphian Staff March 10, 2023
  • Collierville

    BlueOval City exec: Local business support key in ‘massive undertaking’

    Shelby County, and particularly Collierville, will have an integral part in the success of BlueOval City, said Ermal Faulkner, director of BlueOval City & electric vehicle sites for Ford Motor Company.

    By Abigail Warren March 08, 2023
  • City of Memphis

    Memphis in May has lease for Tom Lee Park; City Council OKs Dream Hotel

    With the lease between Memphis in May and Memphis River Parks Partnership a done deal, Memphis City Council members signed off Tuesday, March 7, on a damage deposit agreement for the festival’s use of Tom Lee Park.

    By Bill Dries March 08, 2023
  • Financial Services

    Ron Terry, banker who ‘always put Memphis first,’ dies at 92

    Terry’s secret for leading, he once said, was listening. “And remembering that God didn’t give us two ears and one mouth by mistake.”

    By Jane Roberts March 08, 2023
  • Health Care

    Lower insulin costs could be coming to Shelby County diabetes patients

    According to the 2021 Tennessee Diabetes Action Report, 13.8% of adults in the state have been diagnosed with diabetes, and Type 2 Diabetes accounts for 90%-95% of Tennessee’s diagnosed cases. 

    By Aisling Mäki March 06, 2023
  • Premium Music

    Visible Music College sells in-house record label to alum

    For more than two decades, the record label has developed artists, produced songs and released dozens of records. But the sale will allow it to work with a broader base of artists.

    By Christin Yates March 05, 2023
  • Premium Arlington

    Family Affair: A passion for coffee is in her DNA

    Not long after Ashleigh Weaver moved from Nashville to Memphis, she turned her passion for coffee into a start-up business. “One thing I really like about Memphis is they are very big on locally made,” she said. “Nashville isn’t like that as much.”

    By Don Wade March 05, 2023
  • Transportation & Logistics

    $15 million airport makeover ‘not a short-term project’

    Memphis International will receive $14.8 million from the FAA, which it will use in its efforts to modernize its ticketing and baggage areas. 

    By Rob Moore March 05, 2023

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