Stacey Abrams tells Memphis it has ‘power to change’ during Freedom Award speech
“I’m here to tell you, Memphis, that you have the power to imagine, the power to dream and the power to change,” Abrams said while accepting her award.
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“I’m here to tell you, Memphis, that you have the power to imagine, the power to dream and the power to change,” Abrams said while accepting her award.
Shares of First Horizon’s stock were rising Wednesday afternoon following an earnings update indicating the financial institution is weathering the larger banking crisis that plunged the industry into uncertainty earlier this year.
Memphis-based International Paper plans to permanently close its containerboard mill in Orange, Texas, and cease operations at two of its pulp machines.
The Memphis Area Transit Authority Board of Commissioners will vote on the elimination of 19 routes, as well as all services after 7 p.m., on Tuesday, Oct. 24.
100 N. Main Development Partners plans to use the 15th through 22nd floors for hotel space, according to an application filed with the Land Use Control Board.
Using red smoke, spilled water and practice dummies, airport officials and first responders undergo an approximately $10,000 emergency operations exercise at Memphis International Airport.
Memphis protesters carried signs with messages including “I stand with Palestine” and “end apartheid.”
A new CEO could be chosen as early as December.
An expert panel will talk about the area’s development projects during the Developing Memphis Seminar next week.
Earlier this year, Memorial Park’s plans for the facility received significant pushback, particularly among its Jewish neighbors. Plus, an aviation-themed cigar lounge lands a Downtown location.
The $500 million to $700 million Mid-City Memphis development will include a 260,000-square-foot hotel as well as office space, multifamily housing, age-restricted housing, townhouses, retail space and a 500,000-square-foot parking garage.
The logistics giant FedEx said all shipments destined to Israel currently in transition will be held “safely” in FedEx facilities.
Paul Young was named the head of the DMC in early 2021, emerging from a pool of 30 applicants. Now, two-and-a-half years later, the DMC will once again be looking for a new leader.
The Greater Memphis Chamber is optimistic Memphis can continue to build its pipeline of tech talent through local educational programs, which will be key in ensuring Shelby County’s role in sending workers to future BlueOval City.
The application includes the outline plan for Mid-City at the former Racquet Club of Memphis site.
Despite Ford’s commitment to West Tennessee, the largest single-investment in the state’s history, Memphis economist John Gnuschke said an ongoing strike could spell trouble.
Memphis Police Department officers are looking for a suspect following a robbery of a Wells Fargo branch in East Memphis.
According to the initial application, Juan Montoya hopes to turn the 127-year-old castle-style Ashlar Hall into an event center “of limited scale and character in conformance with the city’s ordinances.”
The developer expects 18 months of architectural work before breaking ground. The renovated building could also include up to 260 multifamily units and hotel space.
The company’s net income was $1.08 billion, compared to the $875 million it reported in 2023.
The development team behind Union Station intends to move forward with demolition of the existing building and two garages on the property.
The Memphis-based company first announced in January it would sell its remaining interest to its joint venture partners for $484 million.
Medtronic is evaluating consolidation of its six U.S. distribution centers into two facilities. One of these two facilities would be located in the Mid-South area.
FedEx has been battling market softness in the face of rising inflation.
Designed and built by prominent real estate developer Robert Brinkley Snowden in 1898, Ashlar Hall has been in a state of limbo for years.