Memphis News Today: Stories That Matter to Our City

FedEx is selling its FedEx Supply Chain division to CMA CGM Group, the French container shipping company, in a deal valued at $1.4 billion. The agreement was announced this week and is expected to close later in 2026, pending regulatory approval. FedEx Supply Chain is the Memphis-based company’s third-party logistics arm, handling warehousing, distribution, and…

If you have been thinking about buying in Memphis, the numbers are on your side. A 2026 Zillow analysis found that nearly half of home listings in Memphis, 46.45%, fall within the affordable range for a typical household. More notably, the city posted an 8.94% increase in affordable listings compared to the prior year, placing…

John Paul Gagliano did not go looking for his next restaurant. It came to him through a conversation, a set of renderings, and a feeling he could not shake. Gagliano, who runs Ecco, Tonica in Midtown and Downtown, and the original Libro inside Novel, will open a new Libro location inside the Memphis Art Museum…

The University of Memphis is sending four of its faculty members to the world stage. Drs. Vania Barraza Toledo, Thomas Goebel, Dennis Laumann, and Vasile Rus have each been selected as 2026 to 2027 Fulbright U.S. Scholars, one of the most prestigious academic honors in the country. The four represent a wide range of disciplines.…

The former Commercial Appeal building on Union Avenue has come down, and what’s coming in its place is one of the most significant healthcare investments Memphis has ever seen. Demolition is now underway at 495 Union Ave. for the future Regional One Health campus, an estimated $900 million project that cleared a major regulatory hurdle…

New Ballet Ensemble and School has officially acquired the former Humes Middle School at 659 N. Manassas Street, and the vision is bold: a $73 million transformation into the Memphis Middle and High School for the Arts and Technology, known as MEMArtsTech. The property transferred on June 12, according to the Shelby County Register of…

Mark the calendar. The new Memphis Art Museum is opening December 6, 2026, and Shelby County residents will always get in free. The $180 million facility has been taking shape at Front Street and Union Avenue since breaking ground in June 2023, on the former site of a fire station and parking garage in the…

Epicenter Memphis is back with its ZeroTo510 program, and this year’s Medical Device Operations Challenge (MDOC) is building on everything the initiative established in year one. Applications are open now through July 6 for startups ready to dig into real operational problems in the medical device space, and the opportunity is significant. Up to 15…