Memphis News

09/30/22

Amazon adopts 20 Memphis-Shelby County schools

Retail and tech titan Amazon says it will be adopting 20 schools in the Memphis-Shelby County School district in a deal that might generate more excitement than Prime Day. The Amazon partnership will focus on support services at Family Resource Centers, serve as mentors and school ambassadors, offer job placement opportunities, volunteer in person at schools, and donate directly…

09/22/22

Memphis becomes first city in Tennessee with federal incentive for eco-friendly projects

Memphis is the first city in Tennessee to finalize the Commercial Property Assessed Clean Energy and Resiliency (C-PACER) incentive. The federal incentive program, which provides financing for any eco-friendly projects, was unanimously approved by the Memphis and Shelby County Economic Development Growth Engine board on Wednesday, Sept. 21. The Tennessee General Assembly approved the program…

09/22/22

BBA, Bank of America host event to help Black-owned businesses get access to capital

Black-owned businesses have historically had to overcome many challenges to grow their enterprises. And the pandemic further complicated matters. The Black Business Association of Memphis (BBA) and Bank of America recently hosted “Capital Conversations” for what the organizations hope will be the first in a series. The goal of the event was to connect local…

09/22/22

First Horizon introduces Diversity Grant for homebuyers in minority census tracts

As it gears up to complete its deal with Toronto-based TD Bank Group, First Horizon is introducing a new grant for potential homebuyers. The Memphis-based institution has announced the Diversity Grant, part of its mortgage down payment assistance grant program. The goal is to provide down payment assistance for borrowers buying a residence in a majority-minority…

09/22/22

370 Great Things About Memphis

Memphis has been hit with tragedy of late, making it harder to find the love for the city we celebrated a few weeks ago with 901 Day. That love isn’t gone. But, sometimes, it’s easier to recognize it when it’s spelled out before us. So we took time to reflect on things that make us…

09/21/22

American Airlines to start nonstop Austin flight from Memphis

The Memphis International Airport (MEM) will welcome a new flight option for passengers shortly after the new year begins. American Airlines announced Monday, Sept. 19, that it will start nonstop service between MEM and Austin-Bergstrom International Airport (AUS) beginning Jan. 10, 2023. “We are excited and grateful for American Airlines’ continued growth at MEM,” Michael Keeney,…

09/21/22

Memphis International Airport issues RFQ for $700M-800M terminal upgrade

The Memphis International Airport has put out a Request for Qualifications (RFP) for a continuation of its Terminal Modernization and Seismic Program (TMSP). It proposes a multiyear, multiphase timeline with a price tag well above the recently completed modernization of Concourse B. The RFQ details seven future potential packages to renovate Memphis International’s (MEM) terminal,…

09/14/22

Memphis Record Pressing to double workforce by next year

Memphis Record Pressing in Bartlett expects to be the largest producer of vinyl records in North America by next year, making about 130,000 records per day. Brandon Seavers, the company’s co-founder and CEO, spoke to the Bartlett Area Chamber of Commerce Tuesday, Sept. 13. Memphis Record Pressing plans $30M expansion in Bartlett Seavers updated those…

09/13/22

UTHSC has record year, scores $133M in research grants and contracts

In recent years, the University of Memphis has received acclaim for its research efforts, with the school being named a top-tier research university by the Carnegie Classifications of Institutions of Higher Education in December 2021. The U of M, however, isn’t the only local organization doing major exploration and investigation. According to MBJ research, the University of…

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