FedEx shares shoot up 14% with optimism on earnings call
The company returned nearly $4 billion to stockholders as it met its goal to trim $1.8 billion in operating expenses, including $500 million in the Express division.
Jane Roberts
Reporter
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
There are 1465 articles by Jane Roberts :
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June 2024
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EducationLower U of M freshmen enrollment numbers rock the boat
As the University of Memphis prepares to cut the ribbon on a $40 million STEM building, first-time freshmen enrollment numbers are down nearly 25%. At Rhodes, the class is down about 20%.
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Transportation & Logistics Airport honors ‘Cuz Craig,’ the officer with a heart
A parent who dropped a son off last week for a flight to boot camp was grateful for officer Craig Elliott’s pep talk, and typed it all out in an email to airport authorities.
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Education PURE students get a taste of applied learning at Grind City Brewing
It takes lots of skills to make a new energy drink; for this crew, interesting new flavor profiles sprouted from plastic cups and pipettes.
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Health Care Gene therapies help lung cancer victims — but not if they aren’t tested
In the Mid-South, 40% of patients aren’t tested because doctors and hospitals aren’t on board, according to research in a national journal.
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Spirit of MemphisPassion for Overton Park fed strong roots for future
After 12 years, Overton Park Conservancy executive director Tina Sullivan is ready to step down and she’s confident the green space will endure and thrive under the next generation of leadership.
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Arts & Culture Temple Israel screening ‘The Memphis 13’ June 25
Documentary tells the story of 13 Black first-graders who integrated four white Memphis City Schools in 1961.
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Business Cheesecake Factory at Wolfchase Galleria closing
The Cheesecake Factory, a plum for Memphis when it arrived in 2015, is closing its only area store, which employs 75 to 100 people in full- and part-time jobs.
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Business Macy’s in Oak Court for sale
It’s one of 150 stores across the nation for sale; two brokerage houses are managing the listings.
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BusinessSupreme Court favors Starbucks in Memphis 7 ruling
Local employment attorneys weigh in on the recent Supreme Court ruling.
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Transportation & Logistics FedEx plans to cut 1,700 to 2,000 jobs in Europe
The cuts are expected to generate $125 million to $175 million in savings, which the company expects to see in two years.
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Education U of M gets wheels turning on electric and automated trucking
The University of Memphis, with $1.5 million from National Science Foundation and industry leaders, will open the Center for Electrified and Automated Trucking in August.
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Transportation & LogisticsFedEx combines back shops, sets table to integrate ground, express
Flattening a network built over decades for two different lanes of traffic means FedEx almost certainly will close hubs and sell real estate.
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Education U of M names STEM Research building for longtime supporter
The facility’s technology labs are built to prepare engineering students for what might be possible through the rest of the century.
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Arts & Culture Metal Museum offers dazzling opportunity for jewelry makers
The Metal Museum is moving to make jewelry — and the artists who create it — a larger part of the collection and museum community.
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Education U of M will invest $1M in AI ventures after xAI announcement
Elon Musk’s investment triggered a response that will include new professors in traditional AI fields and incentives for others to align their research in AI applications.
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Education Tuition rises at U of M, starting with 3.71% hike for in-state residents
It is the largest increase in eight years, a reflection of rising costs, decreases in state funding and a precipitous drop in the number of freshmen expected this fall.
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Transportation & Logistics Larry Cox, who led airport through big-growth decades, dies at 76
Cox was one of only five people who have led the Memphis-Shelby County Airport Authority since its formation in 1969. At 29 years, his tenure was the longest, by far.
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Transportation & Logistics TOSHA issues no citations, fine, in death of 86-year-old at FedEx hub
Verna Mae Jackson was hit and pinned by a 2,500-pound dolly Nov. 29, 2023, and pronounced dead at Regional One. Co-workers told investigators she sometimes walked between dollies, which is against company policy.
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May 2024
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Music Promoter begins blues, Southern soul format on Flinn AM/FM stations
Lamonte Cunningham, owner of ER Entertainment, is launching The Source 104.1 FM, a Southern soul and R & B format station, Saturday, June 1, hoping to give new talent a boost.
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Transportation & Logistics TSA urges flyers in busy season to check their carry-on — and their keychain
Kubotans, pepper spray and a host of other self-defense gadgetry will get you flagged at the airport security checkpoint.
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Transportation & Logistics Memorial Day airport travel will top last year’s 15-year high
More than 10,000 people a day are expected to go through the TSA security checkpoint on Thursday and Friday.
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DowntownStreet cred: Behind-the-scenes man has run Beale for decades
In 1983, when Beale Street reopened as the city-owned entertainment district, Al James, now 71, became its official manager, running the hardscape of one of the country’s most famous streets like it was his own front yard.
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EducationBeloved teacher to retire, leaving 51-year history of his own at Briarcrest
“Bob Shirey is the only employee that was here the day that Briarcrest opened its doors and is still here,” said Caron Swatley, Briarcrest president.
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MusicU of M saxophonist will solo with US Army Concert Band in June
Two days before the concert, Andrew Stine will audition for an opening in the concert band, a test of nerve before one of the biggest days of his life.
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