The EDGE in Memphis has launched the $1 million CPTED initiative to help small businesses in high-crime areas enhance safety measures, following a series of break-ins.

Jake Farrell was appointed chairman of ServisFirst Bank’s Tennessee operations, bringing nearly 50 years of banking experience to help expand in Memphis and Nashville.

Auto insurance rates in the U.S. have risen by 22%, contributing to an overall inflation increase and causing financial strain on consumers, with technological advancements in vehicles cited as one cause for the spike.

Corky's Food Manufacturing in Memphis is expanding its facility with a $4 million investment, creating 28 new jobs, to increase manufacturing capacity and distribution reach.

The Memphis City Council and Mayor allocated $1 million to help eligible residents avoid utility cutoffs by offering up to a $700 credit on MLGW bills.

A study reveals that a single person needs an $85,000 salary to live comfortably in Memphis, while a family of four needs $195,000, exceeding the local average income significantly.

Family Dollar is closing several Memphis stores due to rampant thefts, with two locations having started liquidation sales before shutting down by April 13.

Severe thunderstorms caused over 31,000 power outages in the Mid-South. MLGW is working to restore electricity with some areas, like Bartlett and Cordova, severely affected.

A store clerk was fatally shot in a failed robbery at D&T Supermarket in Clarksdale. The suspect fled and remains at large while the police seek public help.

National home prices rise, but Memphis sees a drop and a surge in home sales. Renting becomes more attractive in certain cities, with investors driving home prices up.

The Kellanova Company is closing its Eggo plant in Rossville, West Tennessee, impacting 142 workers. Layoffs will occur between June and November. Workers may have bumping rights.

FedEx has announced layoffs affecting a small percentage of its IT and Finance workforce to cut costs and streamline operations, despite being a major Memphis employer.

Comcast customers in Memphis experienced internet outages caused by a severed fiber line from industrial mowing equipment. The outage also affected city services and prompted an apology from Comcast. Restoration was expected by day's end.