While crews began clearing the ground at the Megasite of West Tennessee as early as March, structural steel now represents the first phase of construction. 

The event celebrates the flavors of African, African-American and Caribbean cuisine. 

In 2023, FedEx hopes to generate total cost savings of $2.2 to 2.7 billion, and the Memphis-based company plans increase some of its rates. 

AutoZone opened 118 new stores and closed one in the U.S., opened 39 stores in Mexico and 20 stores in Brazil in 2022.

The Consumer Financial Protection Bureau has opened an inquiry into Buy Now, Pay Later loans to determine if they require additional regulation.

On Wednesday, Sept. 21, Economic Development Growth Engine board members approved the federal eco-friendly incentive for developers. 

While FedEx stockholders presented four proposals of their own during the company’s annual meeting, each was rejected by more than 60% of voted shares. 

Two large developments in Germantown could be underway soon. The final review by the Board of Mayor and Aldermen is scheduled for Monday.

This week’s Inked shares news on a new 80-acre mixed-use development in Eads, Dory Restaurant’s new outdoor patio and a change in ownership for Ivory Closet in Overton Square. 

Shelby County government, Wyatt, Tarrant & Combs and RKA Construction announce promotions and additions.

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. 

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.

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.

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

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. 

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.

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

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. 

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.

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

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.

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

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

The two cases are also the first in Tennessee. 

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