FedEx confirmed during the company’s December 2022 earnings release that it will try to cut costs by more than $3 billion throughout the fiscal year. 

Planning Director Whitney Choat-Cook described Crossover’s master plan as possessing a “modern, millennial-like design” with amenities that set the project apart from its mixed-use neighbor Silo Square. 

Over the next five years, the health department will use nearly $14 million in CDC funding to bolster its workforce and infrastructure. 

General Motors’ Memphis Parts Distribution Center, which was opened in 1999, ships 331,700 orders per month and employs 259 people.

Memphis Police Department footage shows more than 20 participants bursting into businesses in some recent burglaries.

The opening of Conwood Flats and Varsity Spirit’s headquarters marks the halfway point for the historic Snuff District redevelopment. 

The U.S. District Court judge suggested the plaintiffs take their grievances to Congress, not the court system. 

In an email with The Daily Memphian on Friday, Feb. 3, a representative of FedEx confirmed the company is enacting these furloughs in addition to the ones announced in November 2022.

Following two back-to-back quarters that saw FedEx report earnings well below company expectations, the shipping giant has been enacting sweeping cost-cutting initiatives.

This week’s Inked covers news on RKA’s new commercial branch, a notable Downtown barbershop closes and updates on the Sterick Building. 

WYXR, Spirit Architecture Group, University of Tennessee Health Science Center, Innovate Memphis and Samaritan Counseling Centers of the Mid-South announce promotions and additions. 

The Memphis-based company reported 2022 adjusted operating earnings of $1.2 billion, compared with the $944 million it recorded for 2021. 

The 10 small businesses chosen by FedEx will win $30,000 and $1,000 in FedEx Office print credit. 

The award recognizes a business organization that has diligently built and maintained a strong and dependable relationship with the Lakeland community.

“The state has determined right now that it’s in the best interest of Tennesseans for the state to assume direct financial and managerial responsibility for these services,” Health Commissioner Ralph Alvarado told Tennessee lawmakers.

Suburban home sales dipped in 2022, and new home sales remained low compared to the previous year.

The evaluation is part of the Shelby County Health Department’s effort to gain national accreditation from the Public Health Accreditation Board. 

Belz Enterprises plans to convert former office spaces at 119 S. Main St. into 73 apartments. 

“Dr. Park brings a wealth of knowledge, deep experience and considerable talent to St. Jude.”

With concerns about crime, congestion and over-development, Lakeland officials have placed a one-year moratorium on commercial projects along U.S. 70.

Downtown Mobility Authority agrees to $7 million cleanout request for 100 N. Main building. 

“As a logistics company, you have to have a footprint in Memphis.”

The Memphis Medical District Collaborative, Campfire Collective and Overton Park Shell announce promotions and additions. 

IP’s in-house goals include a target to reduce enterprise greenhouse gas emissions by 35% by 2030. 

Related story:

International Paper to sell remaining Russian interests

IP will sell its remaining interest to its joint venture partners for $484 million, according to a statement from the Memphis-based company. 

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International Paper to invest $103 million in Iowa plant