VOL. 38 | NO. 37 | Friday, September 12, 2014
UT SPORTS
KNOXVILLE – University of Tennessee quarterback Dewey “Swamp Rat” Warren stood on the field during a timeout with a few seconds left in the Jan. 1, 1968 Orange Bowl.
Two games into the 2014 season, and it’s time for the University of Tennessee to play some big-boy football.
TENNESSEE TITANS
The Tennessee Titans did what few believed they could do when they went into Kansas City and dominated the Chiefs on Sunday.
NEWSMAKERS
Capella Healthcare has announced the appointment of Troy E. Sybert, MD, MPH, as executive vice president and chief medical officer.
BUSINESS BOOK REVIEW
Your start-up days are long behind you.
GUERRILLA MARKETING
Considering how hard salespeople have to work to land meetings with a prospective customers, it’s surprising how little effort is typically put into the follow-up with that prospect after the meeting.
FAMILY TRAVEL
The following message might not be for proponents of formal classroom education.
CAREER CORNER
When I talk with millennials who have recently graduated from college, one thing is clear: They’re struggling to figure out what exactly to do next.
THE WORLDLY INVESTOR
September 8, 2014, S&P 2000 = 11 + 4 percent + 11 percent + 1.5 percent + 2.5 percent. The last five years have been consistently wonderful for the U.S. markets. Over the time period, the S&P 500 has advanced more than 17 percent annually. Only four bull markets (advances uninterrupted by a 20 percent decline) have lasted longer and returned more. What has this bull been eating?
I SWEAR
A football spirals in slow motion across the Texas sky. The state championship hangs in the balance. Spoiler alert: If you’ve not watched “Friday Night Lights,” go watch it – all 76 episodes – and then return.
KAY'S COOKING CORNER
I don’t profess to be a great Italian cook for a good reason – I’m not Italian. However, you don’t necessarily have to be Italian to whip up some great tasting dishes that can really fool your diners into thinking you’re one excellent Italian cook.
MUSIC INDUSTRY
NASHVILLE (AP) — Singer-songwriter Jason Isbell swept the major awards Wednesday night at the Americana Honors & Awards, creating another special moment with his wife, Amanda Shires.
COURTS
NASHVILLE (AP) — First, the state Supreme Court hired Gov. Bill Haslam's top legal adviser as Tennessee's next attorney general. Now the high court's new chief justice is also adopting the Republican governor's rhetoric.
MIDSTATE
MURFREESBORO (AP) — Middle Tennessee State University is changing its financial aid package to encourage students to graduate in four years.
STATEWIDE
NASHVILLE (AP) — Republican U.S. Sen. Lamar Alexander and challenger Gordon Ball plan to appear at a candidate forum hosted by the Farm Bureau in October.
HEALTH CARE
WASHINGTON (AP) — The Obama administration says 7.3 million people have signed up for subsidized private health insurance under the health care law — down from 8 million reported earlier this year.
NATIONAL BUSINESS
WASHINGTON (AP) — Strong stock market gains and higher home prices boosted Americans' net worth in the April-June period to a record high, a trend that could encourage more spending.
NEW YORK (AP) — The U.S. stock market headed higher Thursday as investors received more encouraging news on the economy. The slight gains come a day after the Federal Reserve signaled that it's in no rush to raise interest rates.
WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.
WASHINGTON (AP) — Average long-term U.S. mortgage rates surged this week, marking their largest one-week gain this year.
WASHINGTON (AP) — The Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on, Federal Reserve Chair Janet Yellen said Thursday
WASHINGTON (AP) — The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening.
WASHINGTON (AP) — Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday.
WASHINGTON (AP) — The U.S. will train at least 50,000 veterans to become solar panel installers in the next six years, the White House said Thursday.
BRUSSELS (AP) — The media conglomerate controlled by Rupert Murdoch is joining the fray in Google's protracted European antitrust case, saying the technology company unfairly distorts competition.
WEDNESDAY, SEPTEMBER 17
NASHVILLE AREA
MATTHEWS, N.C. (AP) — Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General.
STATEWIDE
NASHVILLE (AP) - Outgoing state Sen. Jim Summerville, whose behavior has often drawn the ire of his Republican colleagues, has been charged with public intoxication.
NASHVILLE (AP) — Gov. Bill Haslam has announced a new statewide initiative to help residents get more education and training for jobs that are available in their communities.
MEMPHIS (AP) — FedEx's fiscal first-quarter net income rose 24 percent, thanks partly to a strong performance by its ground division.
NATIONAL BUSINESS
WASHINGTON (AP) — Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate should be at the end of 2015 compared with their estimate three months ago.
NEW YORK (AP) — The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high.
U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years.
WASHINGTON (AP) — U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.
TOKYO (AP) — Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
TUESDAY, SEPTEMBER 16
NASHVILLE AREA
NASHVILLE (AP) — Tennessee Citizen Action has hired back its former executive director Mary Mancini to run a new get-out-the-vote effort.
STATEWIDE
NASHVILLE (AP) - State Senate Speaker Ron Ramsey has a way of turning spectacular failures into soaring victories.
NASHVILLE (AP) — Tennessee has received a $499,000 federal grant for efforts to stop worker misclassification.
TECHNOLOGY
NEW YORK (AP) — Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company.
AUTO INDUSTRY
WASHINGTON (AP) — The agency responsible for safety on the nation's roads was years late in detecting a deadly problem with General Motors cars and lacks the expertise to oversee increasingly complex vehicles, congressional Republicans charged in a report Tuesday.
LOS ANGELES (AP) — Computer-driven cars have been testing their skills on California roads for more than four years — but until now, the Department of Motor Vehicles wasn't sure just how many were rolling around.
NATIONAL BUSINESS
WASHINGTON (AP) — A new study shows a large majority of African-American and Hispanic news consumers don't fully trust the media to portray their communities accurately, a statistic that could be troubling for the news industry as the minority population of the United States grows.
WASHINGTON (AP) — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.
NEW YORK (AP) — The stock market rose Tuesday as investors waited to find out when the Federal Reserve might raise interest rates.
WASHINGTON (AP) — A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check.
ATLANTA (AP) — UPS plans to hire up to 95,000 seasonal workers to help with package deliveries during the busy holiday season.
WASHINGTON (AP) — Chinese e-commerce giant Alibaba is about to launch what may prove the biggest initial public stock offering ever. Yet anyone who expects to get rich from buying into China's high-growth story will be betting against history.
ATLANTIC CITY, N.J. (AP) — Trump Plaza Hotel & Casino closed its doors early Tuesday, the fourth Atlantic City casino to go belly-up so far this year.
MONDAY, SEPTEMBER 15
COURTS
NASHVILLE (AP) - Attorneys and law enforcement officials speaking before a legislative panel examining criminal justice reform in Tennessee say the state's sentencing laws need to be reviewed.
NASHVILLE (AP) - The state Supreme Court on Monday named Republican Gov. Bill Haslam's top legal adviser, Herbert Slatery, as Tennessee's next attorney general.
STATEWIDE
NASHVILLE (AP) - The Tennessee Clean Water Network says it is prepared to sue a Kingsport ammunition plant over its continued pollution of local drinking water.
NASHVILLE (AP) — Tennesseans are just weeks away from voting on a constitutional amendment to bar lawmakers from ever imposing a state income tax. The November vote approaches as a new study from ratings agency Standard & Poor's suggests that rising income inequality has a stronger negative effect on the states most reliant on sales tax revenues compared with those with those more dependent on income taxes.
NASHVILLE (AP) — Four years after the Libertarian Party of Tennessee filed its first lawsuit to get on the ballot, the group is still fighting for access in a state that has some of the most restrictive rules in the country for smaller political parties.
HEALTH CARE
WASHINGTON (AP) — Potential complications await consumers as President Barack Obama's health care law approaches its second open enrollment season, just two months away.
TECHNOLOGY
NEW YORK (AP) — Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday.
NEW YORK (AP) — Microsoft will acquire the maker of the long-running hit game Minecraft for $2.5 billion.
AUTO INDUSTRY
DETROIT (AP) — The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.
NATIONAL BUSINESS
WASHINGTON (AP) — Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions.
WASHINGTON (AP) — When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words:
NEW YORK (AP) — Investors played it safe on Monday ahead of a potentially pivotal Federal Reserve meeting. While large company stocks ended the day little changed, smaller, riskier stocks slumped.
WASHINGTON (AP) — U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants.
WASHINGTON (AP) — Income inequality is taking a toll on state governments.
FRIDAY, SEPTEMBER 12
MIDSTATE
NASHVILLE (AP) - A portion of Interstate 65 in Middle Tennessee will be closed in both directions next weekend to remove a bridge that was damaged when a truck carrying gasoline hit a vertical support.
STATEWIDE
SMYRNA (AP) - State Treasurer David Lillard Jr. is offering an incentive for families to start saving for college.
NASHVILLE (AP) — Tennessee Open Records Counsel Elisha Hodge is leaving her post to become a legal consultant.
NASHVILLE (AP) - Senate Speaker Ron Ramsey on Thursday voiced support for Republican state attorney general candidates, while refusing to divulge how much he spent on trying to oust members of the Supreme Court who will decide the next AG.
BOSTON (AP) — A pharmacist who worked for a Massachusetts company blamed for a nationwide meningitis outbreak that killed 64 people pleaded not guilty to a mail fraud charge Thursday as his lawyer said he is concerned he could be made a scapegoat.
AUTO INDUSTRY
CARSON CITY, Nev. (AP) — Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law an unprecedented package of incentives to seal a deal to bring Tesla Motors' $5 billion battery factory to the Silver State.
DETROIT (AP) — Toyota is recalling about 140,000 Tundra full-size pickup trucks because a plastic trim piece can interfere with the side air bags.
TECHNOLOGY
WASHINGTON (AP) — Yahoo's free email service could have cost the company an extra quarter of a million dollars a day.
NATIONAL BUSINESS
NEW YORK (AP) — The prospect of rising interest rates sent the stock market to its first weekly loss since early August.
WASHINGTON (AP) — Stockpiles held by U.S. businesses rose by a moderate amount in July while sales increased at the fastest pace in three months.
WASHINGTON (AP) — Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending.
WASHINGTON (AP) — The federal government ran a lower budget deficit this August than a year ago, remaining on track to record the lowest deficit for the entire year since 2008.
NEW YORK (AP) — Home Depot's data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers.
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.