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<strong>International Paper has announced it is splitting into two public companies &mdash; one in North America, and the other in Europe, the Middle East and Africa.</strong> (Patrick Lantrip/The Daily Memphian file)Premium Business

International Paper splits into two public companies, reports $23.6B in 2025 sales

Officials believe the separation will take 12 to 15 months.

By Steve Bohnel January 29, 2026
Metro

SpaceX and xAI could merge, according to reports

Elon Musk, the CEO of both companies, has spoken about putting artificial intelligence data centers in space in recent months.

By Samuel Hardiman January 29, 2026
Transportation & Logistics

Breeze Airways adding direct flight from Memphis to San Antonio

Breeze began serving passengers at Memphis International Airport in May 2025.

By Steve Bohnel 10 hours ago
Business

The Station gets its liquor license, seemingly clearing the way for the store to fully open

Ethan Edwards has been trying to fully open his East Memphis store for more than a year, but has faced strong opposition from a coalition of other such stores. A state board gave him the approval he needs.

By Jody Callahan January 30, 2026

  • Winter Weather Food News

    From Cash Saver to Kroger, stores work to restock after winter storm

    At area grocery stores, customer demand is high, and restocking depends on location and how products are delivered. 

    By Ellen Chamberlain 14 hours ago
  • Premium Geoff Calkins

    Calkins: Robert Pera remains city’s best hope for keeping Grizzlies in Memphis

    What is keeping the Grizzlies in Memphis? Robert Pera. And that’s it. He’s still the best chance the city has to keep the team.

    Related content:

    FedEx founder’s family offered to buy Grizzlies

    By Geoff Calkins 10 hours ago
  • Premium Memphis Grizzlies

    FedEx founder’s family offered to buy Grizzlies

    FedEx executive Richard Smith said the family inquired about acquiring a majority interest in the team from owner Robert Pera. “But he knows of our possible interest if he ever changes his mind.”

    Related content:

    Calkins: Robert Pera remains the best hope for keeping the Grizzlies in Memphis.

    By Samuel Hardiman January 30, 2026
  • Premium Food News

    Food Files: Wild Beet Salad Co., The Pop Spot opening

    The Pop Spot Bar & Grill on Brookhaven Circle and Wild Beet Salad Co. in Cooper-Young are opening, and may be joined by a new restaurant on Mississippi Boulevard.

    By Sophia Surrett January 30, 2026
  • Business

    Nike to lay off nearly 600 employees in Memphis

    Nike officials announced almost 600 people would be laid off from two Memphis locations.

    By Steve Bohnel January 28, 2026
  • Movers and Shakers

    Movers & Shakers

    First Horizon and Saint Francis Healthcare announce promotions and additions. 

    By The Daily Memphian Staff 8 hours ago
  • Premium East Memphis

    State board to hear liquor application for The Station Thursday

    The Tennessee Alcoholic Beverage Commission will review The Station’s application for a liquor license Thursday. That board’s staff has recommended conditional approval.

    By Jody Callahan January 28, 2026
  • Premium Real Estate

    Nike to lay off more than 700 workers in Tennessee, Mississippi

    It’s unclear how many employees at the Nike distribution center in Frayser are included in the layoffs. 

    By Steve Bohnel January 27, 2026
  • Premium Real Estate

    Memphis housing market tightens in 2025

    The numbers reflect what the National Association of Realtors is seeing nationwide.

    By Andy Ashby January 27, 2026
  • Premium Health Care

    Collierville hospital doubles ICU beds, plans to grow ER next

    Baptist Memorial Hospital-Collierville opened a brand-new ICU — doubling its capacity and enhancing comfort for patients and families.

    By Abigail Warren January 27, 2026
  • winter weather Transportation & Logistics

    Memphis airport, FedEx report delays, service interruptions

    FedEx officials said they issued a national service disruption, impacting operations at the Memphis and Indianapolis hubs. 

    By Steve Bohnel January 26, 2026
  • Premium Financial Services

    Dunavant ‘honored and incredibly humbled’ on election to St. Louis Fed board

    Bill Dunavant, a household name in the Memphis business community and sixth-generation Memphian, was recently elected to the St. Louis Fed’s Board of Directors. 

    By Steve Bohnel January 26, 2026
  • Premium Food News

    Memphis handroll sushi restaurant came to owners in a dream

    A sister restaurant to Red Koi has rolled into a two-story space in East Memphis, and it’s not your typical sushi bar. 

    By Sophia Surrett January 26, 2026
  • Premium Real Estate

    Fewer than 3,330 suburban homes sell in 2025

    “It’s more of a buyer’s market, but I would not call it a full-on buyer’s market,” the Memphis Area Association of Realtors’ new president said.

    By Abigail Warren January 25, 2026
  • winter weather Transportation & Logistics

    Update: Airport is open, but call before you go

    Memphis International Airport is set to be open Sunday, Jan. 25, but passengers are strongly urged to contact airlines to make sure flights haven’t been canceled or delayed.

    By Jody Callahan January 29, 2026
  • Transportation & Logistics

    FedEx planning new ‘Hercules’ facility at World Hub

    The 1.6 million-square-foot facility at 2753 Sprankel Ave. will handle a “state-of-the art automated sort system,” according to documents. 

    By Steve Bohnel January 23, 2026
  • Premium Food News

    Food Files: Restaurants in Whitehaven, Downtown close for upgrades

    It’s renovation time for a Whitehaven barbecue joint and a Downtown bakery. Also, a Highland Street restaurant is up for sale.

    By Sophia Surrett January 23, 2026
  • Transportation & Logistics

    Memphis airport sees 4.8 million passengers, 6.5 billion tons of cargo in 2025

    Airport officials provided highlights for 2025, including three new nonstop destinations and just more than 180,000 aircraft operations.

    By Steve Bohnel January 22, 2026
  • Premium Business

    Memphis Gift Basket to open first retail store with mini grocery

    Online gift-basket retailer Memphis Gift Basket will open its first storefront and small fresh market this summer in Uptown.

    By Sophia Surrett January 22, 2026
  • Transportation & Logistics

    Subleases approved at Port of Memphis

    Subleases approved at the International Port of Memphis that will create eight to 10 new jobs and tens of millions of dollars in investment, officials said.

    By Steve Bohnel January 21, 2026
  • Premium Business

    Buster’s Liquor co-owner, others appeal to City Council over approval granted to The Station

    Buster’s Liquor co-owner Josh Hammond and the owners of two other nearby liquor stories filed an appeal to the Memphis City Council seeking to negate the Alcohol Commission ruling that granted approval to The Station.

    By Jody Callahan January 22, 2026
  • Premium Real Estate

    Incentives aim to bring small businesses to Downtown Memphis

    The policy changes, submitted by the DMC Policy Committee in December, align with the newly adopted Downtown Action Plan, which focuses resources on Main Street, invests in activation, infill and blight remediation and to maximize walkability. 

    By Sophia Surrett January 21, 2026
  • Premium Collierville

    From bridal gowns to coffee and music, five Pop Local winners set to open at Carriage Crossing

    This is the second time Edwards Realty has hosted the contest. This time it chose five winners who will get six months rent-free at the shopping center.

    By Abigail Warren January 21, 2026
  • State Government

    Collierville funeral home drops Brent Taylor’s name

    Collierville funeral home plans to remove Brent Taylor’s name from the facility, saying that recent comments from Taylor “do not reflect the values, mission or beliefs of our current leadership.”

    By Jody Callahan January 23, 2026
  • Movers and Shakers

    Movers & Shakers

    Saint Francis Medical Partners, Allen & Hoshall, and Burch, Porter & Johnson, PLLC announce additions. 

    By The Daily Memphian Staff January 23, 2026

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