VOL. 43 | NO. 26 | Friday, June 28, 2019
JOE ROGERS: MY TAKE
By the time you read this, it should all be over. Or at least, the worst of it. As I write this, it is looming: The Move.
TIM GHIANNI: STREET LEVEL
Rolling the car past a pack of eight young men stealing slight shade by leaning against a quick stop market on a 90-plus-degree afternoon, I pull into the used tire store just across the street from them on the northeast corner of the D.B. Todd-Buchanan intersection.
RICHARD COURTNEY: REALTY CHECK
While many local real estate investors have sat on their hands during the recent boom – watching in disbelief as the market careens out of their comfort zone – out of state money continues to roll in. And that includes international investors.
REAL ESTATE
Top commercial real estate sales, May 2019, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November 2016.
NEWSMAKERS
Chelsia Harris, associate director of nursing for degree development in the Lipscomb College of Pharmacy & Health Sciences, has been named executive director of the university’s School of Nursing.
BRIEFS
U.S. News & World Report has listed Monroe Carell Jr. Children’s Hospital at Vanderbilt among its top pediatric health care facilities in the nation for the 13th consecutive year.
BEHIND THE WHEEL
You’re likely familiar with the stereotype of a middle-aged person who impulsively splurges on an expensive new car. But there’s also a similar experience at a different life stage: Buying a flashy and fun vehicle right after you get your first well-paying job. You might call it a quarter-life crisis car.
PERSONAL FINANCE
Certified financial planner Sean Fletcher of San Francisco knew his dad had an estate plan, complete with a health care directive detailing what medical treatment should be given in an emergency situation. When the father had a massive heart attack, though, no one knew where he kept those documents.
It's tough to decide when to start taking Social Security benefits and it appears many people are shorting themselves with their choice.
MILLENNIAL MONEY
Marijuana is having a moment. Experts recently dubbed cannabis the fastest-growing industry in the U.S. Legal weed generated $10.4 billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm.
STATEWIDE
GATLINBURG (AP) — Great Smoky Mountains National Park is offering volunteer opportunities during service days that continue over the next few months.
NASHVILLE AREA
NASHVILLE (AP) — The Tennessee State Library & Archives has launched a digital project that uses pension records to map out where soldiers lived before and after the Revolutionary War.
REGION
VERSAILLES, Ky. (AP) — Firefighters in Kentucky are trying to extinguish a burning Jim Beam warehouse filled with about 45,000 barrels of bourbon.
BILLINGS, Mont. (AP) — The Trump administration said Tuesday that it won't require electric utilities to show they have money to clean up hazardous spills from power plants despite a history of toxic coal ash releases contaminating rivers and aquifers.
SPORTS
NASHVILLE (AP) — Christian Pulisic and Weston McKennie are offering hope for the future of U.S. men's soccer while contributing plenty to its present.
AUTO INDUSTRY
DETROIT (AP) — Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford's lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94.
COURTS
LAS VEGAS (AP) — The family of a woman killed by a gunman raining down gunfire from a Las Vegas high-rise hotel suite filed a wrongful death lawsuit Tuesday against eight gun makers and three dealers arguing their weapons are designed in a way that could be easily modified to fire like automatic weapons.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened.
WASHINGTON (AP) — U.S. companies added just 102,000 jobs in June, a possible turning point that could signal a coming increase in the unemployment rate.
MINNEAPOLIS (AP) — When President Donald Trump's administration announced a $12 billion aid package for farmers struggling under the financial strain of his trade dispute with China, the payments were capped. But many large farming operations had no trouble finding legal ways around them, records provided to The Associated Press under the Freedom of Information Act show.
LONDON (AP) — Britain's economy showed alarming signs of a sharp slowdown, possibly even into recession, as uncertainty over Brexit combines with a less benign global backdrop, according to a closely watched survey of business activity in the U.K. released Wednesday.
WASHINGTON (AP) — President Donald Trump, who has criticized the Federal Reserve for not cutting interest rates, said Tuesday that he intends to nominate two economists to fill influential positions on the central bank's Board of Governors.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — President Donald Trump is marshalling tanks, bombers and other machinery of war for a Fourth of July celebration that traditionally is light on military might, while critics accused him of using America's military as a political prop.
TUESDAY, JULY 2
MUSIC INDUSTRY
NEW YORK (AP) — Taylor Swift's feuds can captivate the public almost as much as her music, and her latest emotional salvo against one of music's top managers not only made headlines but got key players in the industry riled up, with the likes of Justin Bieber, Halsey and Demi Lovato publicly choosing sides.
COURTS
NEW YORK (AP) — More than 200 corporations, including many of America' best-known companies, are urging the U.S. Supreme Court to rule that federal civil rights law bans job discrimination on the basis of sexual orientation and gender identity.
NASHVILLE (AP) — The parents of a 2-year-old Kentucky boy who died at a Tennessee state park last month are seeking $900,000 in damages from the state.
HEALTH CARE
NASHVILLE (AP) — Public health officials say more Tennesseans are now eligible for free mental health services under the state's behavior health safety net program.
STATEWIDE
RIPLEY (AP) — Wearing wading boots and a wide-brimmed hat, Derrick Currie casts his green fishing line into a pool of brown water along a rural Tennessee road.
NASHVILLE (AP) — Tennessee officials are halting construction-related lane closures on interstates and state roads for the Fourth of July holiday extended weekend.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks ended a wobbly day mostly higher as gains for technology and health care stocks offset losses in the energy sector.
LONDON (AP) — Bank of England Governor Mark Carney warned Tuesday that the British economy is barely growing in the wake of mounting Brexit uncertainties and intensified trade tensions.
PHOENIX (AP) — Arizona Gov. Doug Ducey said Tuesday that Nike cannot get state money for a planned factory in a Phoenix suburb after a report that the athletic company pulled an American flag-themed shoe from the market.
NEW YORK (AP) — Nike is pulling a flag-themed tennis shoe after former NFL quarterback Colin Kaepernick complained to the shoemaker, according to the Wall Street Journal.
BERLIN (AP) — German authorities say they have issued Facebook with a 2 million-euro ($2.3 million) fine under a law designed to combat hate speech.
PARIS (AP) — Environmental activists who have been joined by some yellow vest protesters are disrupting Amazon sites in France, accusing the online company of destroying jobs and hurting the planet.
WASHINGTON (AP) — The U.S. is considering tariffs on an additional $4 billion of goods from the European Union over what it considers to be illegal aircraft subsidies.
VIENNA (AP) — OPEC members won the support Tuesday of other major oil producing nations to extend a production cut for another nine months in a bid to shore up prices at a time of waning demand.
NATIONAL/INTERNATIONAL POLITICS
BRUSSELS (AP) — After three days of arduous negotiations, European Union leaders broke a deadlock Tuesday and nominated German Defense Minister Ursula von der Leyen to become the new president of the bloc's powerful executive arm, the European Commission, and take over from Jean-Claude Juncker for the next five years.
WASHINGTON (AP) — A House committee sued the Trump administration in federal court Tuesday for access to President Donald Trump's tax returns, setting up a legal showdown over the records.
WASHINGTON (AP) — President Donald Trump is promising military tanks along with "Incredible Flyovers & biggest ever Fireworks!" for the Fourth of July in Washington.
WASHINGTON (AP) — With North Korea, President Donald Trump puts on the charm. But with Iran, he cranks up the pressure with economic sanctions and a stronger military presence in the Persian Gulf. He has warned its leaders they are "playing with fire."
WASHINGTON (AP) — Asylum seekers forced to wait in Mexico are increasingly facing violence and dire conditions, stranded in purgatory with no means to survive, according to an upcoming report from Human Rights Watch.
MONDAY, JULY 1
PREDATORS
NASHVILLE (AP) — The Nashville Predators took a big step toward boosting their offense Monday by signing Matt Duchene away from the Columbus Blue Jackets, paying a big price to land a forward they had long targeted.
MIDSTATE
RIDGETOP (AP) — A Tennessee police chief says three city officials voted to close his department in retaliation for his investigation of allegations they destroyed evidence and issued illegal ticket quotas.
STATEWIDE
KNOXVILLE (AP) — An elementary school teacher has become the first African-American woman to be crowned Miss Tennessee.
JACKSON (AP) — State officials say book printing company Lightning Source plans to invest $22 million in a facility in west Tennessee.
COURTS
NASHVILLE (AP) — A federal judge has temporarily blocked a Tennessee law that requires online auctioneers to be licensed but exempts some big auction websites like eBay.
NASHVILLE (AP) — A Tennessee judge told state's nursing board to rethink its decision to let a nurse keep practicing despite being disciplined for overprescribing opioids.
TRANSPORTATION
OPAL, Va. (AP) — Truck driver Lucson Francois was forced to hit the brakes just five minutes from his home in Pennsylvania.
TECHNOLOGY
BOSTON (AP) — Facebook says it will make advertisements for jobs, loans and credit card offers searchable for all U.S. users following a legal settlement designed to eliminate discrimination on its platform.
NATIONAL/INTERNATIONAL BUSINESS
Wall Street kicked off July with a record high for S&P 500 index after a cease-fire in the U.S. trade war with China put investors in a buying mood.
OMAHA, Neb. (AP) — Investor Warren Buffett continues giving fortune away with $3.6B in Berkshire Hathaway stock to five foundations.
WASHINGTON (AP) — As it enters its 11th year, America's economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and helped fuel an explosive rise in the stock market.
WASHINGTON (AP) — U.S. factory activity grew at a slower pace in June for the third straight month as measures of new orders and inventories fell.
WASHINGTON (AP) — Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month.
VIENNA (AP) — OPEC is deciding whether to extend its current deal to cut production for six to nine months as the oil cartel faces a weakening demand outlook because of waning global growth.
FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going.
TOKYO (AP) — Japan resumed commercial whaling Monday after 31 years, meeting a long-cherished goal of traditionalists that's seen as a largely lost cause due to slowing demand for the meat and changing views on conservation.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — President Donald Trump has signed a $4.6 billion aid package to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border.
WASHINGTON (AP) — President Donald Trump says military tanks will be part of Washington's Fourth of July celebration later this week.
WASHINGTON (AP) — President Donald Trump is kicking off a flag-waving week with the false statement that he gave troops their first raise in a decade.
WASHINGTON (AP) — The solid economy is doing little to bolster support for President Donald Trump.
WASHINGTON (AP) — Straining for deals on trade and nukes in Asia, President Donald Trump hailed a meeting with North Korea's leader that he falsely claimed President Barack Obama coveted, asserted a U.S. auto renaissance that isn't and wrongly stated air in the U.S. is the cleanest ever as he dismissed climate change.
FRIDAY, JUNE 28
NASHVILLE AREA
NASHVILLE (AP) — A Tennessee planning board has approved a plan that will guide future development in Nashville's historic music row district.
STATEWIDE
NASHVILLE (AP) — More than 140 Tennessee laws are set to kick in Monday, including measures to crack down on drivers using hand-held cellphones on the roads; strip one court's review of death sentences; and bar ministers ordained online from administering marriages.
NASHVILLE (AP) — Drivers in Tennessee could face fines if they're caught using hand-held cellphones behind the wheel starting Monday, when that law and more than 140 others take effect.
MIDSTATE
KINGSTON SPRINGS (AP) — A tractor-trailer crash has closed down an interstate highway in Tennessee and prompted evacuations of some homes nearby.
FORT CAMPBELL, Ky. (AP) — Fort Campbell soldiers assigned to 2nd Brigade Combat Team, 101st Airborne Division, are welcoming a new commander.
MUSIC INDUSTRY
MEMPHIS (AP) — Singer Tina Turner, bluesman Charlie Musselwhite and guitarist Steve Cropper are headlining this year's class of Memphis Music Hall of Fame inductees.
VANDERBILT SPORTS
OMAHA, Neb. (AP) — Vanderbilt topped off its dominant run through the Southeastern Conference with the national championship, and there may be no slowing down the Commodores.
OMAHA, Neb. (AP) — Vanderbilt swept the Southeastern Conference regular-season and tournament titles, set the league record for wins, tied the record with 13 draft picks and lost back-to-back games just twice.
STATE GOVERNMENT
NASHVILLE (AP) — A Tennessee panel has approved almost $13 million in economic incentives for four companies, including about $10 million for SmileDirectClub's expansion in Nashville.
NASHVILLE (AP) — A free market think-tank is suing Tennessee officials over a new law that requires online auctioneers to be licensed but exempts some big auction websites like eBay.
NASHVILLE (AP) — Tennessee Gov. Bill Lee on Thursday announced he's calling a special legislative session in late August to allow the GOP-controlled House to replace the state's House speaker, who has promised to resign after a series of scandals.
HEALTH CARE
TRENTON, N.J. (AP) — They were the drugs that were supposed to save the U.S. tens of billions of dollars.
REAL ESTATE
WASHINGTON (AP) — More Americans signed contracts to purchase homes in May compared with the prior month, a sign buyers may be ready take advantage of low interest rates and stabilizing home prices.
COURTS
WASHINGTON (AP) — In two politically charged rulings, the Supreme Court dealt a huge blow Thursday to efforts to combat the drawing of electoral districts for partisan gain and put a hold on the Trump administration's effort to add a citizenship question to the 2020 census.
WASHINGTON (AP) — The Supreme Court says law enforcement officers can generally draw blood without a warrant from an unconscious person suspected of driving drunk or while on drugs.
TECHNOLOGY
SAN FRANCISCO (AP) — Facebook is updating its terms and services guidelines to clarify how it makes money from the personal information of its users. The changes reflect its ongoing attempts to satisfy regulators in the U.S. and Europe, which have urged the company to make sure users know what they are signing up for.
AUTO INDUSTRY
TOKYO (AP) — Former Nissan Chairman Carlos Ghosn canceled his news conference planned for Friday within hours of its announcement, citing opposition from his family and media adviser.
DETROIT (AP) — The average age of cars and trucks in the U.S. has hit a record 11.8 years, as better quality and technology allows people to keep them on the road longer.
FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars.
AUTO INDUSTRY
Tesla overcame logistics problems to set a quarterly record for deliveries from April through June. Now Wall Street is focusing on whether it will translate into profits.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks are closing out a rocky second quarter with solid gains as banks led indexes higher.
NEW YORK (AP) — Europeans and Americans have their Visa and Mastercards. For everyone else, here comes ... Libra?
SAN FRANCISCO (AP) — Apple will manufacture its new Mac Pro computer in China, shifting away from a U.S. assembly line it had been using for that product in recent years, according to a report published Friday.
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain cautious about their finances.
OSAKA, Japan (AP) — World leaders attending a Group of 20 summit in Japan that began Friday are clashing over values that have served for decades as the foundation of their cooperation as they face calls to fend off threats to economic growth.
OSAKA, Japan (AP) — For many he's an international pariah, but you wouldn't know it by the lavish reception Saudi Crown Prince Mohammed bin Salman has received at the G-20 summit this week.
Banks and health care companies led stocks broadly higher on Wall Street Thursday, ending a four-day losing streak for the benchmark S&P 500 index.
WASHINGTON (AP) — The Americans want to safeguard their technological riches, restore balance to their top trading relationship and force a sharp-elbowed rival to play by the rules and keep its word.
NEW YORK (AP) — Amazon is adding a new way to get your packages: head over to another store's sales counter to pick it up.
GENEVA (AP) — A World Trade Organization dispute panel has ruled in favor of India in its complaint against the United States over subsidies and rules applied by eight U.S. states in the renewable energy sector.
OSAKA, Japan (AP) — Trade and geopolitical tensions, and the looming threat of climate change, are on the agenda as the presidents of the United States and China and other world leaders gather in Osaka, Japan, for a summit of the Group of 20 major economies.
FRANKFURT, Germany (AP) — Chemicals maker BASF says it will drop 6,000 jobs by the end of 2021 in what it calls an "organization realignment" that aims at streamlining administration and simplifying the company's structure.
NATIONAL/INTERNATIONAL POLITICS
OSAKA, Japan (AP) — With a smirk and a finger point, President Donald Trump dryly told Russia's Vladimir Putin "Don't meddle in the election" in their first meeting since the special counsel concluded that Moscow extensively interfered in the 2016 presidential campaign.
WASHINGTON (AP) — Thursday's Supreme Court decision on partisan gerrymandering reignited calls from progressives for overhauling the high court, putting new pressure on Democratic presidential hopefuls during their first nationwide debates.
WASHINGTON (AP) — Kamala Harris spoke slowly but bluntly as she stared at Joe Biden, then began treating him as a hostile witness.
WASHINGTON (AP) — A fired-up field of Democrats stumbled on some facts at the most visceral turns in their debate Thursday as they took on and sometimes sparred over race, the treatment of migrant children, the climate and the super-rich.
NEW YORK (AP) — A frail Paul Manafort shuffled into court Thursday in handcuffs and prison garb and pleaded not guilty to New York state mortgage fraud charges that could keep him behind bars even if President Donald Trump pardons him for federal crimes uncovered during the probe of Russian election meddling.
WASHINGTON (AP) — Hardly anyone in Congress opposes improving the horrific conditions awaiting many migrants caught spilling across the southwest border. Yet for Democrats, distrust of President Donald Trump runs so deep that a uniformly popular humanitarian aid bill prompted the party's deepest and most bitter divisions since they took House control in January .
WASHINGTON (AP) — Same stage. Same rules. But the Democrats' second back-to-back debate is fueled by star power.
SAN FRANCISCO (AP) — Presidents and other world leaders and political figures who use Twitter to threaten or abuse others could find their tweets slapped with warning labels.
WASHINGTON (AP) — House Speaker Nancy Pelosi is reversing course and will accept a bipartisan $4.6 billion Senate-passed border aid bill, yielding to opposition from the White House, powerful Republicans, and moderates in her own party.
ATLANTA (AP) — More than 120 million Americans cast ballots in the 2018 midterm elections, with turnout surging to that of a typical presidential year in some states and the highest percentages of voters in places that have expanded access to the polls, according to an analysis of data released Thursday by the U.S. Election Assistance Commission.
MIAMI (AP) — Ten Democrats railed against a national economy and a Republican administration they argued exist only for the rich as presidential candidates debated onstage for the first time in the young 2020 season, embracing inequality as a defining theme in their fight to deny President Donald Trump a second term in office.
WASHINGTON (AP) — This was no Trump rally. Ten Democrats kicked off the presidential debate season with a sober rendering of policy that featured a smattering of missteps on climate change, the economy and more but no whoppers.
NEW YORK (AP) — Two women have confirmed that the writer E. Jean Carroll told them in the 1990s that she'd been sexually assaulted by Donald Trump in the dressing room of a New York City department store.