VOL. 40 | NO. 37 | Friday, September 9, 2016
Recent headlines are just the beginning for city’s signature street
If you see a lot of construction cranes in Nashville now, just wait. More are on the way, and they’re heading to Broadway.
With most of the recent development announcements focusing on the north side of Broadway, can the south side be far behind? And what about properties on the west side of Interstate 40 heading out of town?
Later this month, Metro and regional transit authorities will consider recommendations to tackle area traffic and revamp options for mass transit.
TIM GHIANNI: STREET LEVEL
Bill Steber stood at the crossroads in the Mississippi Delta and made a deal with the devil that would allow him to not only master his photographic skills but become one of the most respected documentarians of Mississippi Delta blues. And kind of make a living (or at least fashion his life) while he’s at it.
SAM STOCKARD: VIEW FROM THE HILL
State lawmakers hit the snooze button in July when prospects were high for a special session to oust Rep. Jeremy Durham over a career of carousing.
RICHARD COURTNEY: REALTY CHECK
The subject of affordable housing arose a few years back during a luncheon panel featuring several Middle Tennessee mayors.
REAL ESTATE
A look at Davidson County’s top lenders based on total number of all loans, commercial and residential. Only loans that have the actual Lender name listed on the trust deed filing are included.
WASHINGTON (AP) — Long-term U.S. mortgage rates edged lower this week. As rates remain at historically low levels, homeowners taking advantage of the chance to refinance their mortgages have pushed up refinancing activity.
DAVID CLIMER: OUT OF LEFT FIELD
On an August morning in 1999, the Tennessee Titans coaching staff and front office personnel awoke to this headline in the local newspaper:
TERRY McCORMICK: TENNESSEE TITANS
The Tennessee Titans have spent the off-season distancing themselves from their not-so-glorious recent past.
The Titans new and improved running game: DeMarco Murray, check. Derrick Henry, check. Better offensive line, check. With all that said, there are no more excuses for the Titans’ running game. Tennessee last had a running back go over 100 yards in a game in 2013, but Mike Mularkey is promising that the run game will be a staple of the offense.
DAVE LINK: UT SPORTS
Imagine if Tennessee running back Jalen Hurd hadn’t recovered the fumble by UT quarterback Joshua Dobbs in the end zone for a touchdown in overtime last Thursday night.
This isn’t just any football game. It’s the Battle at Bristol.
NEWSMAKERS
Paul C. Ney, Jr. is joining the Tennessee Attorney General’s Office as chief deputy.
BEHIND THE WHEEL
The luxurious, 562-horsepower McLaren 570GT can be used every day - assuming a driver is willing to take the $200,000 two-seater out daily and be besieged by gawkers, some of whom mistake the coupe, which has dihedral, swing-up-doors, for a DeLorean.
BUSINESS BOOK REVIEW
At the end of the day, you’re out of gas. There’s nothing left in your reserves, not a drop. You’re done, wondering if this is as far as you’ll ever go but somehow open to new suggestions. So read “The Full Tank Life” by Murfreesboro pastor Ben Tankard. It might just rev your engine again.
GUERRILLA MARKETING
Does your company actually close sales on the trade show floor? Trade shows can certainly heighten your brand awareness and guide prospects into your sales pipeline. However, unless you’re selling goods or services at the trade show itself, your sales team needs a compelling follow-up strategy – and it starts before the event ends.
CAREER CORNER
When I meet with job seekers, there’s one quality that quickly separates those who are successful in their search from those who flounder.
I SWEAR
This column will be a listicle of sorts: Stuff that has somehow just been floating through my mind of late.
NASHVILLE AREA
NASHVILLE (AP) — The Tennessee Registry of Campaign Finance has launched an investigation into an education advocacy group's actions during Nashville school board elections.
AUTO INDUSTRY
PITTSBURGH (AP) — Taylor Pollier got an offer from Uber he couldn't refuse — to be part of an experiment with a car of the future.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — U.S. stocks are higher in early trading on Wall Street Thursday. Apple is leading technology stocks higher again. Energy companies are edging higher along with the price of crude oil. Retailers are slipping after the government said shoppers cut back on spending in August, while phone companies are taking losses as bond yields rise.
WASHINGTON (AP) — U.S. shoppers retreated in August, cutting back their spending at auto dealers, furnishers and building material stores to depress overall retail sales after four straight monthly gains.
WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but jobless claims remained at levels consistent with a healthy labor market.
WASHINGTON (AP) — U.S. producer prices were unchanged last month as the biggest decline in wholesale food costs in more than three years helped to keep a lid on inflation.
WASHINGTON (AP) — As the U.S. economy enters its eighth year of its recovery from the Great Recession, one major factor is slowing its growth: Government gridlock.
NATIONAL POLITICS
WASHINGTON (AP) — A last-minute deal between conservatives and GOP leaders in the House has averted votes expected Thursday on a measure to impeach the commissioner of the IRS.
WEDNESDAY, SEPTEMBER 14
STATE LEGISLATURE
NASHVILLE (AP) - The House Ethics Committee has dismissed three complaints filed against House Speaker Beth Harwell for her handling of a sexual harassment investigation into former Rep. Jeremy Durham.
NASHVILLE (AP) - Tennessee lawmakers on Wednesday repealed an underage drunken driving law that threatened to cost the state $60 million in road money by running afoul of federal zero-tolerance standards.
NASHVILLE (AP) — Tennessee state Rep. Jeremy Durham was a vocal young conservative and a rising legislative star, unafraid to pick fights with fellow Republican legislators or the popular GOP governor. But his increasingly erratic behavior and mounting sexual harassment allegations finally caught up with him when the chamber voted 70-2 to expel him.
STATEWIDE
NASHVILLE (AP) - Tennessee led the nation in the number of accidental shooting deaths in 2014, according to recent data from the Centers for Disease Control and Prevention.
AUTO INDUSTRY
PITTSBURGH (AP) — Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own.
DETROIT (AP) — Ford expects its pretax profit to fall next year, but to improve in 2018 as it invests in emerging businesses.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — U.S. stocks surrendered early gains and finished mostly lower Wednesday as energy companies skidded with the price of oil. Apple led technology companies higher. The mixed finish came after three days of big, erratic moves.
It's not even fall yet, but delivery companies and retailers are making their hiring lists for the holiday season.
American seed and weed-killer company Monsanto and German medicine and farm chemical maker Bayer are combining in a deal that could help farmers produce higher yields to address challenges from global warming to rising food demand from a fast-growing global population.
BRUSSELS (AP) — The European Union is extending its investment plan for a further three years in order to boost growth and employment.
TUESDAY, SEPTEMBER 13
STATE LEGISLATURE
NASHVILLE (AP) - The Tennessee House voted Tuesday to expel Republican state Rep. Jeremy Durham following allegations of widespread sexual harassment.
MUSIC INDUSTRY
NASHVILLE (AP) - CMT has named Carrie Underwood, Chris Stapleton, Florida Georgia Line, Luke Bryan and Thomas Rhett as their 2016 artists of the year.
COURTS
NASHVILLE (AP) - A man convicted in two of Nashville's most notorious cold cases has won a small victory at the state Court of Criminal Appeals.
HEALTH CARE
NASHVILLE (AP) — A new Tennessee law allows authorized pharmacists to dispense an overdose antidote.
AUTO INDUSTRY
DETROIT (AP) — The Chevrolet Bolt, General Motors' Tesla-fighting electric hatchback for the masses, will be able to go 238 miles (383 kilometers) on a single charge.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — In a long-awaited sign that middle-class Americans are finally seeing real economic gains, U.S. households got a raise last year after seven years of stagnant incomes. Rising pay also lifted the poorest households, cutting poverty by the sharpest amount in nearly a half-century.
NEW YORK (AP) — U.S. stocks abruptly changed course again Tuesday and took large losses. Investors worried about the possibility of a weaker global economy and tried to anticipate the Federal Reserve's plans for interest rates. Energy companies fell with the price of oil after a leading industry group said demand for oil is down more than it previously thought.
LONDON (AP) — Oil prices took a pounding Tuesday after a leading industry group said global oil demand growth is slowing by more than previously thought, largely because of a more pronounced economic slowdown during the third quarter of the year.
SACRAMENTO, Calif. (AP) — For the first time, farmworkers in California will soon be entitled to the same pay as other hourly workers after California's governor signed an expansion of a labor policy.
NATIONAL POLITICS
WASHINGTON (AP) — House conservatives on Tuesday formally introduced a long-shot, election-year resolution to impeach IRS Commissioner John Koskinen.
MONDAY, SEPTEMBER 12
STATE LEGISLATURE
NASHVILLE (AP) — A special legislative session to fix a costly drunken driving law kicked off Monday with a squabble about how or whether Tennessee lawmakers should go about trying to expel one of their own.
NASHVILLE (AP) — The last time Tennessee lawmakers took a vote to expel a sitting member of the General Assembly, the ousted representative issued a stern warning to his colleagues: "I won't be the last."
NASHVILLE AREA
NASHVILLE (AP) - Goodwill Industries of Middle Tennessee has shuttered four of its career centers.
NASHVILLE (AP) — The Tennessee Agriculture Department has broken ground on the construction of a new state metrology laboratory.
AUTO INDUSTRY
DETROIT (AP) — General Motors has taken a beating in the headlines this year as falling U.S. sales have cost it nearly a full point of market share.
NEW YORK (AP) — Tesla CEO Elon Musk says the electric car company is making major improvements to the Autopilot system used by its vehicles, which will dramatically reduce the number and severity of crashes in which they are involved.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — U.S. stocks are closing solidly higher as traders hope the Federal Reserve will hold off on raising interest rates next week.
WASHINGTON (AP) — Investors, at least, suddenly seem more confident about what the Federal Reserve will announce when it meets next week: Nothing.
Business economists still think the economy will continue to grow for the next two years, but they again have scaled back their expectations for just how much.
NEW YORK (AP) — HP is buying Samsung Electronics Co.'s printer business in a transaction worth $1.05 billion.
FRIDAY, SEPTEMBER 9
STATE LEGISLATURE
NASHVILLE (AP) - Democratic State Rep. Joe Armstrong on Friday submitted his resignation from the Tennessee General Assembly, avoiding an expected move to oust him following a felony tax fraud conviction in federal court.
NASHVILLE (AP) - The Republican state House member who faces a likely expulsion vote in next week's special legislative session says he will only attend if he is given an opportunity to present his case and face his accusers.
AUTO INDUSTRY
DETROIT (AP) — General Motors Co. is recalling more than 4 million vehicles, most of them in the U.S., to fix an air bag software defect that has been linked to one death.
DETROIT (AP) — A Volkswagen engineer has pleaded guilty to one count of conspiracy in the company's emissions cheating scandal, advancing a criminal investigation by agreeing to testify against others.
DETROIT (AP) — Nissan is recalling about 134,000 cars and SUVs worldwide because brake fluid could leak and cause fires. In some cases, the company says people should park the vehicles outside until they are fixed.
DETROIT (AP) — A three-wheeled electric vehicle could be on the road later this year in the U.S. and Canada.
HEALTH CARE
Tracey Stahl lost part of a leg to bone cancer last fall, and she has to wince through bouts of crippling pain from an ill-fitting artificial limb because of a strange health insurance limit: Her plan covers just one limb per lifetime.
TECHNOLOGY
WASHINGTON (AP) — U.S. aviation safety officials took the extraordinary step late Thursday of warning airline passengers not to turn on or charge a new-model Samsung smartphone during flights following numerous reports of the devices catching fire.
NEW YORK (AP) — You may soon have more options for a cable box than renting one from your cable company.
SAN FRANCISCO (AP) — Apple wants to push consumers further into a wireless world. Its tactics: eliminate the standard headphone jack in its newest iPhones and market new "AirPods" — tiny wireless earbuds that the company claims greatly improve on standard Bluetooth technology.
NATIONAL/INTERNATIONAL BUSINESS
Investor jitters over the possibility the Federal Reserve is ready to raise interest rates this year roiled Wall Street Friday, handing the stock market its worst day in more than two months.
NEW YORK (AP) — Airbnb on Thursday apologized for its slow response to accusations of racism and outlined new policies to combat the problem, including reducing the prominence of photos in the booking process.
NEW YORK (AP) — The demand has been so overwhelming that the manufacturer ran out of raw material in just days. Enthusiasts extol its virtues all over the internet. Millennials are clamoring for it.
NEW YORK (AP) — California and federal regulators fined Wells Fargo a combined $185 million on Thursday, alleging the bank's employees illegally opened millions of unauthorized accounts for their customers in order to meet aggressive sales goals.
NATIONAL POLITICS
NASHVILLE (AP) - Republican Gov. Bill Haslam's administration is looking to turn back the clock on an underage drunken driving law that threatened to cost Tennessee $60 million in federal road money.
WASHINGTON (AP) — With a new promise of $20 million to help defeat Donald Trump, billionaire Facebook co-founder Dustin Moskovitz becomes one of the top Democratic donors of the election