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Driverless Cars May Be Coming, but Let’s Not Get Carried Away

NYT Technology - Thu, 06/20/2019 - 13:55
“We’ve tried to turn down the hype and make people understand how hard this is,” says Gill Pratt, an expert in robotics and head of the Toyota Research Institute.

Kroger tests Rush fast-delivery service

Memphis Business Journal - Thu, 06/20/2019 - 11:47
Kroger Co. has quietly launched a fast-delivery grocery service, testing it first in two Ohio stores.

Who Owns Memphis: Florida firm makes a happy meal out of old McDonald’s and duplex

Memphis Business Journal - Thu, 06/20/2019 - 11:45
McDonald’s had disposed of the property after opening in 2016 a new location a block toward the Southern Avenue train tracks.

Announcing the 2019 Health Care Heroes finalists

Memphis Business Journal - Thu, 06/20/2019 - 11:32
Memphis is known around the world for its medical prowess. Each year, the Memphis Business Journal honors the many innovations, organizations, and health care professionals who continually work to solidify that reputation, with the Health Care Heroes awards. From mega hospital systems to a local high school and a well-known grocery chain, the 2019 honorees are woven throughout the Mid-South community. Finalists will be honored across the following categories: Administrative Excellence, Community…

California firm buys 25-story Downtown tower

Memphis Business Journal - Thu, 06/20/2019 - 10:28
A California-based firm has purchased a prominent Downtown high-rise.

SBA Spotlight: From father to son, how America's Best Carpet & Tile continues to succeed (video)

Memphis Business Journal - Thu, 06/20/2019 - 10:23
In May, the Memphis Business Journal honored its 2019 Small Business Awards finalists at a special ceremony. In the coming weeks, MBJ will release spotlight videos, created by Prodigi Arts, on each of those companies. America’s Best Carpet & Tile was a finalist in the more than 40 employees category. America’s Best Carpet & Tile When Jeff Cantor took over his father’s carpet cleaning business in 1990, he wanted to diversify the company’s business lines. In the past decade, Cantor has…

Executive Health: A workout that works on the road

Memphis Business Journal - Thu, 06/20/2019 - 10:22
Here's how executives can establish a strong baseline of fitness.

To Take Down Big Tech, They First Need to Reinvent the Law

NYT Technology - Thu, 06/20/2019 - 09:40
For decades, antitrust regulation has focused on the welfare of the consumer. Now a backlash over Big Tech’s power has regulators and scholars trying to reverse years of established doctrine.

U.K. Age Checks for Online Porn Sites Are Delayed

NYT Technology - Thu, 06/20/2019 - 08:28
Rules requiring users to prove they are over 18 were postponed because officials failed to adequately notify the European Commission about the changes.

Slack Wants to Replace Email. Is That What We Want?

NYT Technology - Wed, 06/19/2019 - 22:14
As the office chat start-up prepares to go public, some of us are still figuring out how available we want to be — and whether it’s O.K. to ping the C.E.O.

Browsing LinkedIn and Instagram to Put Herself in Readers’ Shoes

NYT Technology - Wed, 06/19/2019 - 22:12
People consume news in many ways, which is why Anna Dubenko’s job — editor of off-platform strategy — takes her to platforms where others go for a break from theirs.

F.T.C. Said to Be Investigating YouTube Over Child Privacy Claims

NYT Technology - Wed, 06/19/2019 - 22:02
The video service has been under increasing pressure from parents and consumer groups for the way it handles children’s videos.

EDGE approves AutoZone PILOT for 'digital expansion project'

Memphis Business Journal - Wed, 06/19/2019 - 18:01
AutoZone banked on Downtown years before it was an attractive office market. Today, EDGE banked on AutoZone. The Memphis-based auto parts retailer plans to invest $145 million Downtown as part of a digital expansion project that would add 130 jobs. To help support that growth, AutoZone went before the Economic Development Growth Engine (EDGE) for Memphis & Shelby County Wednesday, June 19, to ask for a 15-year Jobs PILOT (payment-in-lieu-of-taxes). “The role of technology in the retail space…

Secondary markets hint at Slack's IPO opening at this price

Memphis Business Journal - Wed, 06/19/2019 - 13:54
Slack’s high-anticipated direct IPO is expected to launch Thursday and its trading price on the secondary markets will likely serve as a guidepost.

New restaurant planned for former Cockadoos space

Memphis Business Journal - Wed, 06/19/2019 - 13:16
It looks like a new restaurant is slated for the former Cockadoos space Downtown. A building permit was filed June 18 for Victory Restaurant at 85 S. Second St. The permit, valued at $275,000, is for renovations. The contractor listed on the permit is Bartlett's Traditional Construction Co. Inc. MBJ's calls to the company were not returned by press time. Cockadoos opened in 2010 to cater to breakfast and lunch crowds in Downtown Memphis. It closed less than two years later. More recently, the…

Memphis company, Ole Miss patent poison ivy 'vaccine'

Memphis Business Journal - Wed, 06/19/2019 - 12:22
The summertime mantra of “leaves of three, let it be” may hold less importance if a Memphis company and a regional university’s patented product is effective. Poison ivy is nearly everywhere in the South — from forested areas to backyards — but often goes unseen until a skin rash appears and itching commences. Memphis-based biopharmaceutical firm Hapten Sciences and the University of Mississippi have multiple patents on a compound they hope will clear up exposure to poison ivy’s potent…

Fred's sales continue to drop; Nasdaq puts company on notice

Memphis Business Journal - Wed, 06/19/2019 - 11:42
The wheels might not be completely off, but Fred’s first quarter 2019 results provided little reassurance about the company's future. After an initial delay, the Memphis-based discount retail chain filed its Q1 report with the U.S. Securities and Exchange Commission (SEC) June 18. The company’s earnings call, led by Fred’s CEO Joe Anto, was held Wednesday, June 19, and lasted eight minutes. During the call, Anto called the quarter “a challenging one for the company” but said the Fred’s…

Executive Health: Get the gear to help with your goals

Memphis Business Journal - Wed, 06/19/2019 - 11:19
Here are three products that could help an executive take care of himself so he can better take care of his business for years to come.

Graceland to host '50s themed weekend

Memphis Business Journal - Wed, 06/19/2019 - 10:50
People who enjoyed the 1950s might want to travel down to Graceland this weekend for a trip down memory lane. Graceland will be holding its first-ever "Fabulous 50s Weekend" June 21-23, according to a release. The three-day weekend will be packed with 1950s-themed activities, including a sock hop, after-hours dinner in the Presley Motors Museum, movie marathons, trivia and games, and other activities. The weekend will also feature two live shows: a "Salute to the King" by acclaimed Elvis Presley…

Midtown building being demolished for new retail space

Memphis Business Journal - Wed, 06/19/2019 - 10:28
Ford Jarratt Realty & Development Co. is betting on Union Avenue. The development firm bought a roughly 25,000-square-foot retail building at 1615 Union Ave. two years ago for $700,000. It then demolished the eastern half of the 1920 building and leased the ground under it to Pinnacle Financial Partners, for its new Midtown branch. Now, the company is demolishing the rest of the building and preparing the site for two more single-tenant retail buildings, which will each sit on roughly .5 acres. "I've…

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