Memphis Business Journal

Aviation experts say Horizon’s nightmare is unlikely to result in major security changes, but the renewed focus on insider threats is just beginning.
Friday, August 17, 2018 - 06:14
United Airlines’ loyalty program MileagePlus got a big thumbs up from voters in the fourth-annual Trazee Awards announced this week at the Global Business Travel Association convention in San Diego. United’s MileagePlus program was named Favorite Frequent-Flyer program. The voters for the awards apparently include a large number of millennials, according to executives at Trazee Travel, who hosted the awards and produce a publication for travelers called Trazee Travel.  The new publication…
Friday, August 17, 2018 - 06:07
Landmark Theatres may sell to a streaming service after all. The Los Angeles-based movie theater chain, which at one point caught the eye of Netflix Inc., has now captured the interest of Inc. The e-commerce giant is interested in acquiring the art-house circuit, reported Bloomberg. Amazon (NASDAQ: AMZN) isn’t the only interested party in the exhibitor, which is owned by Mark Cuban and Todd Wagner, and no deal may come of it. Wagner/Cuban Cos. is reportedly working with Stephens Inc.…
Friday, August 17, 2018 - 05:58
Legals 081718
Friday, August 17, 2018 - 05:00
Opening a small business can be one of the most challenging events in the lives of those brave enough to undertake it. Entrepreneurs may spend years dreaming, planning and hoping for the best possible outcome. But, only with proper preparation and financial counsel can the dream of owning a successful business come true. In the earliest stage of your new business journey, the more brains you pick for advice, the better. Small business entrepreneurs can avoid mistakes by learning from other business…
Friday, August 17, 2018 - 05:00
Under capitalism, companies should take advantage of any incentives they can. But, it’s governments’ job to protect residents and the business community from being taken advantage of.
Friday, August 17, 2018 - 05:00
Guiding principle: Always put the patient first
Friday, August 17, 2018 - 05:00
A recent golf game on The Tonight Show Starring Jimmy Fallon has resulted in a $1 million charitable donation to St. Jude. Pro golfer Justin Thomas, the 2017 FedExCup champion, appeared on NBC’s late-night talk show Aug. 15, competing against Fallon in a friendly game of “Facebreakers.” The first person to break all of the glass panels with their opponent's face etched into them — by hitting golf balls at them, of course — was the winner. Thomas walked away victorious, and Memphis-based…
Thursday, August 16, 2018 - 14:12
It was 1975 and, with no money to pay his rent or tuition, Michael Ducker asked his roommate where he might get a job. “A little company called Federal Express is hiring — you might try there,” Ducker recalls his friend saying.
Thursday, August 16, 2018 - 14:02
When you were born makes a big difference in wealth.
Thursday, August 16, 2018 - 13:49
In a world that is already interconnected through many different modes of communication, a new frontier — Internet of Things (IoT) — offers the potential to have devices connected in the “entire ecosystem of technology.” And, a Florida-based company with a large Memphis presence aims to make the adoption of IoT technology easier for consumers. On Aug. 16, iQor announced the opening of its Smart Home Simulation Room at its Memphis facility. The simulation room is an advanced Internet of…
Thursday, August 16, 2018 - 13:35
Kroger Co. is stepping up its string of high-tech advancements by launching home delivery of groceries using driverless delivery vehicles today.  Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, started the pilot program for driverless home delivery today in the Phoenix suburb of Scottsdale, Arizona. Kroger teamed with Silicon Valley-based Nuro, which developed the world’s first driverless delivery vehicle, to offer the service. Kroger and Nuro…
Thursday, August 16, 2018 - 13:25
A longtime butcher born and raised in Whitehaven is opening a restaurant just off of Elvis Presley Boulevard. Wendell Jackson, along with wife Adrena, are renovating an old barber shop at 1248 Marlin Road into Eggxactly Breakfast & Deli. It will specialize in customer service, Wendell Jackson said. “Customer service is downhill right now. We want to bring that back,” he said. “Chick-fil-A isn’t just that great, salty piece of chicken. When you go there, you get great customer service.” Also…
Thursday, August 16, 2018 - 13:11
Aided by a quarter that saw its e-commerce sales grow by 40 percent, Walmart Inc. reported second-quarter results that exceeded analysts' expectations, and its shares were soaring on Thursday. The Arkansas retailer (NYSE: WMT) reported that sales grew by nearly 4 percent to $128 billion and adjusted earnings rose to $1.29 per share. Analysts polled by Thomson Reuters First Call expected sales of $126 billion and earnings of $1.22 per share. Walmart was hitting on all cylinders in the latest quarter:…
Thursday, August 16, 2018 - 13:08
Excitement vibrated throughout the room during Thursday morning's Airport Authority board meeting. Board members congratulated each other; private partners were recognized for their hard work, and smiles were shared all around. After years of preparing for an overhaul of Memphis International Airport's main, B concourse, the Memphis-Shelby County Airport Authority (MSCAA) approved at its Aug. 16 meeting a $123 million contract for the work and a $10 million contingency budget. Also approved was…
Thursday, August 16, 2018 - 11:22
Selling a home can be quite a process, from selecting a real estate agent and listing price to staging the house to attract a buyer. And, for Memphis area homes that are listed at or above $1 million, that can involve staging five or more bedrooms. To see how many million-dollar homes were listed and where those homes are for sale in the Memphis metro, Memphis Business Journal turned to and its residential real estate listings. Click on the slideshow above to see the homes that…
Thursday, August 16, 2018 - 11:14
FedEx Express is hiring.  The subsidiary of Memphis-based FedEx Corp. will hold a job fair Saturday, Aug. 18, to fill 400 permanent, part-time positions. Interested applicants must be at least 18 years old, able to lift 75 pounds and have lived in the U.S. for five years. Individuals will be subject to a criminal background check and drug screen. Hourly rates start at $13 Minimum of 17.5 hours per week Medical coverage, with premiums starting at $6 per month Day and night shifts available…
Thursday, August 16, 2018 - 10:41
Best Buy Co. Inc. announced that it will dole out $800 million to buy GreatCall Inc., a provider of mobile devices and care products designed for older adults. San Diego-based GreatCall has more than 900,000 subscribers and fits into Best Buy's strategy of increasing its business lines that cater to the aging population, according to a Wednesday, Aug. 15, release. GreatCall sells smartphones with enlarged text for people with vision problems and wearable devices that can alert emergency services…
Thursday, August 16, 2018 - 06:53
Are implantable sensors the next step in wearable technology?
Thursday, August 16, 2018 - 06:46
In the midst of Kroger Co.’s massive investments in home delivery and digital offerings, a new Gallup poll shows the vast majority of people don’t buy their groceries online. Does that mean Kroger has over-invested in online shopping?
Thursday, August 16, 2018 - 06:37