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VOL. 35 | NO. 33 | Friday, August 19, 2011

Concierge doctors

Ready to ditch the co-pay and enjoy the advantages of house calls, text and video conferences?

Imagine texting your physician with a question about a new medication or video conferencing when you become ill while traveling.

BNA is first airport to get health clinic

Nashville International Airport is now home to the first airport-based, primary-care clinic and retail location in the country, providing basic health services for the nearly 5,000 workers and 9 million annual travelers passing through the city.

Payday loans: Taking the good with the bad

Kelly Newell was out of cash. The Joelton resident, who has an in-home transcription business, found herself a little short and decided to go into Check into Cash for a $200 payday loan, the legal limit at the time.

GREEN BUSINESS

Lottery players aid school environmental initiative

In 2008, the Tennessee General Assembly passed the Energy Efficient Schools Initiative, which provides funds to schools for energy-efficient projects. At that time, a 12-member energy-efficient schools council was tasked with approving technical guidelines for schools, creating incentive levels and energy management programs. The council also hired Ron Graham as the executive director of EESI.

Local Weather
Currently
Nashville, TN
44.1°F
Overcast
Wind: Northwest at 11.5 mph
Humidity: 65%

EVENTS

Watkins ‘Conversation’ Faculty Show. Watkins College of Art, Design & Film presents Conversation, a mixed media exhibit featuring works from faculty artists Shepherd Alligood, Dan Brawner and Ron Lambert, from today through Sept. 9 in the Brownlee O. Currey, Jr. Gallery on campus. The exhibit’s opening reception today, 5:30-8 p.m, is free and open to the public. Currey Gallery hours are Monday-Friday, 9 a.m.-8 p.m., Saturday, 10 a.m.-4 p.m. and Sunday, 2-4 p.m. Admission is free. Information: watkins.edu, 277-7403.

more events »

REALTY CHECK

Even purr-fect pets can chase away buyers

Cats are a strange phenomenon. Many people loathe them, while others hold them dear to their hearts.

REAL ESTATE

Top residential real estate transactions for July 2011

Data collected by Chandler Reports, which has been publishing Real Estate Market Data since 1968.

NEWSMAKERS

Skanska VP Patterson relocates from Houston

Skanska HealthRealty, a health care real estate development company, has announced that vice president John Patterson has transferred to the Nashville office from Houston.

GET A JOB!

A little creativity can go a long way in workplace

Use your creativity to get a new job or a better position with your present employer.

BUSINESS BOOK REVIEW

Author beats the odds of life -- and business

Sell or stay? Stay or sell?

I SWEAR

Clever readers crack puzzle’s code

“Ask and ye shall receive.” I’ve heard that for years. May even have read it somewhere. But I certainly have proved it to be true. Repeatedly, over time.

KAY'S COOKING CORNER

Path to family’s heart goes through grill

A few years back, we took all of our children and some of their friends to Panama City for a week’s vacation. We really had a great time and enjoyed the beach. The weather was fantastic. We did, however, learn a few “family vacation” lessons while there. One: We don’t think we will do it again. Two: take more money. (Just kidding about the first one! Second one is real.)

STATEWIDE

Haslam: Tenn. keeping word on Amazon tax deal

CHATTANOOGA (AP) — States competing for industrial investments would be "dead wrong" to claim that Tennessee doesn't keep its commitments in economic development deals, Gov. Bill Haslam said Wednesday.

State commissioner named chairman for tech group

NASHVILLE (AP) — Bill Hagerty, commissioner of Tennessee Economic and Community Development, has been named chairman of the board for the Tennessee Technology Development Corp.

NATIONAL BUSINESS

Fixed mortgage rates rise from decades lows

WASHINGTON (AP) — Fixed mortgage rates edged up this week from their lowest levels in decades. But few have been able to capitalize on them.

Bank of America shares soar after Buffett invests $5 billion

CHARLOTTE, North Carolina (AP) — Warren Buffett's Berkshire Hathaway is investing $5 billion in Bank of America, sending its shares soaring by 24 percent.

Foreclosures made up 31 pct. of home sales in 2Q

WASHINGTON (AP) — Foreclosures made up roughly one-third of all home sales this spring. While that's a smaller share of sales from the previous quarter, it's six times the percentage of foreclosures in a healthy housing market.

Without Jobs, Apple must show it can still deliver

SAN FRANCISCO (AP) — With Steve Jobs bowing out as CEO, Apple Inc. must persuade investors and consumers that it doesn't need the force behind the iMac, iPod, iPhone and iPad in charge to keep the technology hits coming.

Oil rises as Irene heads for the East Coast

NEW YORK (AP) — Oil rose Thursday afternoon as concerns grew about the potential impact of Hurricane Irene on U.S. oil and gas supplies.

Census: South, West lead US in marriages, divorces

WASHINGTON (AP) — Singles, take note: With marriages at an all-time low, states in the South and West rank among the highest for couples hearing wedding bells. But many of these states also have higher rates of divorce.

NATIONAL POLITICS

AP-GfK poll: Views on economy, Obama role sour

WASHINGTON (AP) — Americans' views on the economy have dimmed this summer. But so far, the growing pessimism doesn't seem to be taking a toll on President Barack Obama's re-election prospects.

WEDNESDAY, AUGUST 24
NASHVILLE AREA

Franklin circuit court judge to be appellate judge

NASHVILLE (AP) - Gov. Bill Haslam has appointed Circuit Court Judge Jeff Bivens to the Tennessee Court of Criminal Appeals.

Nashville public schools to start Aug. 1

NASHVILLE (AP) — The Metro Nashville School Board has voted unanimously to start the 2012-13 school year on Aug. 1 under a "balanced calendar" approach.

NATIONAL BUSINESS

Higher durable-goods orders ease economic worries

WASHINGTON (AP) — A surge in demand for autos and aircraft drove orders for long-lasting manufactured goods higher in July, easing fears that the economy might be on the verge of another recession.

Oil climbs on stronger manufacturing activity

NEW YORK (AP) — Oil rose Wednesday following news of stronger U.S. manufacturing activity.

Home mortgage applications fall to 15-year low

WASHINGTON (AP) — Mortgage applications to purchase a home fell last week to a 15-year low, despite the lowest mortgage rates in decades. Many potential buyers are holding off because they are worried about job security and fear the economy could slip back into another recession.

Survey: Employers consider ending health coverage

INDIANAPOLIS (AP) — A new survey from a large benefits consultant says nearly one of every 10 mid-sized or big employers expects to stop offering health coverage to workers once federal insurance exchanges start in 2014.

China official tells Web firms to control content

BEIJING (AP) — A Communist Party leader has told China's Internet companies to tighten control over material online as Beijing cracks down on dissent and tries to block the rise of Middle East-style protests.

Did you feel that? Cell networks clogged by calls

WASHINGTON (AP) — Cell phone and landline customers experienced connection problems after Tuesday's earthquake, but there were no immediate reports of trouble for police and rescue workers.

TUESDAY, AUGUST 23
STATEWIDE

Alexander donates pre-Senate papers to Vanderbilt

NASHVILLE (AP) - Lamar Alexander is donating his pre-U.S. Senate papers his alma mater, Vanderbilt University.

NASHVILLE AREA

Johnson returning to Nashville to talk with Titans

NASHVILLE (AP) — Tennessee running back Chris Johnson says he is flying to Nashville to meet with the Titans' general manager, a move that might bring both sides closer to getting a deal done and end his holdout.

Wilson County Fair sets new attendance record

LEBANON (AP) - This year's Wilson County Fair set a new attendance record this year with more than 545,000 visits to the weeklong event and beating the previous attendance record of a little over 505,000 in 2009.

Groups join lawsuit to stop sheriff program

NASHVILLE (AP) - Two rights groups have joined a Nashville attorney's lawsuit, seeking to stop the Davidson County Sheriff's Office immigration enforcement program.

NATIONAL BUSINESS

Stocks jump; Dow notches best gain in 2 weeks

NEW YORK (AP) — The Dow Jones industrial average is closing with its biggest gain in nearly two weeks.

New-home sales fall, 2011 could be worst year yet

WASHINGTON (AP) — Sales of new homes fell for the third straight month in July, a sign that housing remains a drag on the economy. If the current pace continues, 2011 would be the worst year for new-home sales in nearly half a century.

World stock markets rise amid hopes for Fed move

BRUSSELS (AP) — Stocks rose around the world on Tuesday as investors shrugged off signs of deteriorating economic sentiment in Europe and hoped the Federal Reserve would act to keep the U.S. from sliding back into recession.

Oil above $85 on positive economic news

NEW YORK (AP) — Oil rose above $85 per barrel Tuesday on encouraging economic news from Asia and Europe.

UBS to cut 3,500 jobs in bid to save 2B francs

GENEVA (AP) — Swiss bank UBS AG said Tuesday it is cutting 3,500 jobs worldwide as part of an effort to save 2 billion Swiss francs ($2.5 billion) annually by the end of 2013.

Head of rating agency S&P stepping down

NEW YORK (AP) — The president of Standard & Poor's is stepping down, an announcement coming only weeks after the rating agency's unprecedented move to strip the United States of its AAA credit rating.

NATIONAL POLITICS

GOP using redistricting to shore up House majority

WASHINGTON (AP) — The odds of getting re-elected have gotten better for Rep. Renee Ellmers and other Republican freshmen in the House — thanks to GOP calculations in redrawing congressional maps.

What's next in Libya key to US politics, economy

WASHINGTON (AP) — The dramatic advance of Libyan rebels over the forces of longtime strongman Moammar Gadhafi offers vindication, at least for now, for President Barack Obama's decision to refrain from using U.S. troops on Libyan soil and to let NATO take the lead in degrading Gadhafi's military power. But there are still hazards for the White House.

Balanced budget amendment to get votes in Congress

WASHINGTON (AP) — As a "supercommittee" tries to find $1.5 trillion in new deficit cuts this fall, Republicans will be pressing a far more ambitious goal: passing an amendment to the Constitution to require a balanced federal budget.

MONDAY, AUGUST 22
NASHVILLE AREA

O'Charley's says unit president leaves

NASHVILLE(AP) - Restaurant operator O'Charley's Inc. said Monday the president of its O'Charley's chain has left the company.

Garth Brooks, Alan Jackson honored for songwriting

NASHVILLE (AP) - Country superstars Alan Jackson and Garth Brooks are among the newest inductees to the Nashville Songwriters Hall of Fame.

I-65 to be widened north of downtown Nashville

NASHVILLE (AP) — The heavily traveled Interstate 65 just north of downtown Nashville is going to be widened.

STATEWIDE

Getting to the Smokies means fighting traffic

NASHVILLE (AP) — As you exit off Interstate 40 for the final 15 miles before the Great Smoky Mountains National Park, the little voice from the back poses the eternal question: "Are we there yet?"

GOP: Rural air subsidy must be cut to Jackson, other cities

WASHINGTON (AP) — Congressional Republicans are warning Transportation Secretary Ray LaHood he must cut subsidies for air service to 10 rural communities unless he can show it would be too difficult for residents to reach a larger airport.

NATIONAL BUSINESS

Stocks inch higher, shaking off 4 weeks of losses

NEW YORK (AP) — Stock indexes are closing with modest gains after a four-week losing streak.

More Americans at risk of foreclosure in Q2

WASHINGTON (AP) — The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy's continued struggles.

Survey: Small raises for salaried workers in 2012

NEW YORK (AP) — A new survey says salaried U.S. workers can expect another year of modest raises in 2012.

Oil falls on prospect that Libya crude will return

NEW YORK (AP) — International oil prices fell Monday on the prospect that exports from Libya will return to the market at a time of economic weakness.

Ford, Toyota to work together on hybrid trucks

DEARBORN, Michigan (AP) — Ford Motor Co. and Toyota Motor Corp. have decided to work together on a gas-electric hybrid engine to power pickup trucks and sport utility vehicles.

Lowe's to buy back up to $5 billion of its shares

MOORESVILLE, N.C. (AP) — Lowe's Cos., the nation's second-largest home improvement retailer, said Monday that it will buy back up to $5 billion of its common stock.

FRIDAY, AUGUST 19
STATEWIDE

Tenn. prepares to lose 30 percent of federal funds

NASHVILLE (AP) — Tennessee state agencies are assembling plans for how they would cope with losing up to 30 percent of their federal funds in anticipation of coming spending cuts

Test-based evaluations worry teachers

NASHVILLE (AP) — Tennessee education officials say they're taking steps to address teachers' concerns about a new evaluation system that for the first time will use students' standardized test scores as part of the process.

11 Tennessee sites added to historic register

NASHVILLE (AP) — Eleven Tennessee sites, from Fort Nashborough in downtown Nashville to Vanderbilt University's Alumni Memorial Hall, have been added to the National Register of Historic Places.

TVA board approves construction of nuclear plant

KNOXVILLE (AP) — The Tennessee Valley Authority board voted unanimously Thursday to finish construction of the 37-year-old Bellefonte nuclear plant in northeast Alabama and to increase rates for average residential customers by $1.60 a month in October.

July unemployment holds at 9.8 percent

NASHVILLE (AP) — Tennessee's July unemployment rate of 9.8 percent remained unchanged from the previous month.

Haslam wants quicker national online tax rules

JOHNSON CITY (AP) — Gov. Bill Haslam says there are varying views among Tennessee's congressional delegation about the urgency for national rules governing the collection of online sales tax collections by retailers like Amazon.com.

NASHVILLE AREA

Army works with MTSU on drone aircraft technology

NASHVILLE (AP) — Middle Tennessee State University is partnering with the U.S. Army to develop research for unmanned aircraft technology that has been a vital asset for the military in the wars in Iraq and Afghanistan, officials said Thursday.

NATIONAL BUSINESS

Unemployment in July rose in 28 states, fell in 9

WASHINGTON (AP) — Unemployment rates rose in July in more than half the states for the second straight month, evidence that job growth remains weak nationwide.

Economists see growing risk of global recession

WASHINGTON (AP) — Discouraging economic data from around the globe have heightened fears that another recession is on the way.

World stocks plunge on growing recession fears

MILAN (AP) — Global stocks slid again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe's debt crisis, which is stoking acute fears over the continent's banking sector.

Oil falls to near $81 on global growth slowdown

SINGAPORE (AP) — Oil prices fell to near $81 a barrel Friday in Asia, extending a sell-off fueled by investor fears that a slowing global economy will undermine demand for crude.

Gold hits a new high as Wall Street swings wildly

NEW YORK (AP) — Investors flocked to gold Friday, sending it to the latest of a series of records, as fears about recession in the world's major economies infected financial markets.

Bank of America to cut 3,500 jobs

NEW YORK (AP) — Bank of America Corp., the nation's largest bank, said Friday that it plans to cut 3,500 jobs by the end of September.

Rate on 30-year mortgage falls to lowest on record

WASHINGTON (AP) — The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971.

Home sales dropped 3.5 pct. in July, hit 2011 low

WASHINGTON (AP) — The number of people who bought previously occupied homes fell in July for the third time in four months. This year is on pace to be the worst in 14 years for home sales, as more Americans worry that the economy could slip back into another recession.

More Americans sought unemployment benefits

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose back above 400,000 last week. Still, the four-week average, a more reliable gauge of the job market, fell to the lowest level since mid-April.

Consumer prices rose by the most since March

ASHINGTON (AP) — More expensive gas, food, clothes and other necessities are squeezing consumers who are already struggling with stagnant pay and worried about a weak economy.

NATIONAL POLITICS

White House asks agencies to propose budgets cuts

WASHINGTON (AP) — It's a microcosm of the budget battling that has consumed Congress all year: The Obama administration wants federal agencies to save money while Republicans push for additional savings to take a substantial bite out of the government's towering pile of IOUs.

Coalition of moderate Dems loses more members

WASHINGTON (AP) — The Blue Dogs may be losing their bark. Despite polls showing a desire for more compromise in Washington, the political climate for moderate to conservative Democrats in the House has continued to deteriorate.

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