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VOL. 38 | NO. 5 | Friday, January 31, 2014

Career Kickstarter: Suzy Bogguss fans chip in to keep the music going

Artists find new ways to prolong careers

Suzy Bogguss has found an interesting and challenging way to stretch her career. She’s becoming a do-it-yourself country artist.

Do-it-yourself career working for Lloyd

Bill Lloyd was half of the country duo Foster & Lloyd, which had some major label success in the late ’80s and ’90s with hits like ‘’Crazy Over You” and “Fair Shake.”

Lending on upswing for Middle Tennessee's small businesses

Local banks and the U.S. Small Business Administration can both cite statistics showing small-business lending is growing throughout Middle Tennessee.

East Nashville redevelopment question: What’s the issue?

Redevelopment districts have been part of Nashville’s economic development tool kit since 1952 -- longer than many residents have been alive. They’ve helped revitalize blighted neighborhoods and helped the city attract employers like Dell, the computer company.

More stores, construction extend Murfreesboro’s Avenue

New retailers are coming to The Avenue Murfreesboro shopping center months after the $163 million sale of the property by Atlanta-based Cousins Properties and Faison Enterprises to Houston-based Hines Global REIT Inc.

Local Weather
Today
Nashville, TN
41°F
Cloudy
Wind: 13 mph
Humidity: 81%

EVENTS

People’s Law School. A free program that provides an overview of common civil legal issues. Taught by Legal Aid Society attorneys and volunteer attorneys, the weekly, one-hour classes are 6 to 7 p.m. on Thursdays at Wright Middle School, 180 McCall St., and at Cohn Learning Center, 4805 Park Ave. Registration information: 298-8050, www.nashville.gov/Nashville-Community-Edcuation.aspx. Sessions include:

more events »

Haslam: Medicaid expansion ‘a clunker’

Tennessee Gov. Bill Haslam says he understands critics of his decision so far not to accept a federally funded expansion of Medicaid in Tennessee. But Haslam said the terms of the increased funding wouldn’t provide better outcomes for users or providers.

REALTY CHECK

Some basics all buyers, sellers need to know

Today is a day of helpful hints. In order to properly advise, it is important to establish your real estate IQ. Please answer the following questions:

REAL ESTATE

Top Midstate commercial real estate transactions for December 2013

Top December 2013 commercial real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

TERRY McCORMICK

UT coach’s biggest failing: He’s not Bruce Pearl

Cuonzo Martin can’t win. OK, he can win, but even when he does win, it seemingly isn’t enough.

NEWSMAKERS

New CEO named at TriStar StoneCrest

Louis F. Caputo, chief executive officer (CEO) of Summerville Medical Center in Summerville, S.C., has been named chief executive officer of HCA’s TriStar StoneCrest Medical Center in Murfreesboro.

BUSINESS BOOK REVIEW

Are layoffs looming? Here’s how to fight back

The rumblings you hear from around the office are disturbing.

GUERRILLA MARKETING

Doberhuahua? Super Bowl ads vie for attention

With one of the most-watched television broadcasts in history just days away, buzz is building over which big brands will take home Best in Show in this year’s Super Bowl advertising competition.

Sedate Super Bowl ads upstaged by a coat

NEW YORK (AP) — The Seattle Seahawks had a blowout victory Sunday night, but there was no big winner in the Super Bowl ad contest.

Nothing controversial in Super Bowl ads

NEW YORK (AP) — What Super Bowl ads will people discuss over the water cooler a day after the big game?

10 Super Bowl Ads to watch out for

NEW YORK (AP) — Actress Scarlett Johansson gives SodaStream some sex appeal in a controversial spot, Kia revives actor Laurence Fishburne's "Matrix" character Morpheus in its commercial. And cute puppies and kids abound in ads for Cheerios to Anheuser-Busch.

I SWEAR

The judge sentences himself to driving school

I had a fender bender late last year. So, I sentenced myself to attend one of the six-hour defensive driving classes that I make teenagers go to as part of first-offender probation. I’m a traffic judge, you know.

KAY'S COOKING CORNER

Take this column with a grain of salt

“Salty Dog.” “Salt Pork.” “Take it with a grain of salt.” “Salt of the earth.” “Have something hung up and salted.” “Salt and Peppa...” (OK, ignore the last one.)

NASHVILLE AREA

ECD chief: Tennessee Tower proposal was temporary

NASHVILLE (AP) — A proposal to offer a relocation package to Sears that would have included moving its headquarters from Illinois into the Tennessee Tower state office building was meant as a temporary measure until permanent space could be found, the state's economic development chief said.

STATEWIDE

DHS seeking sponsors for food program

NASHVILLE (AP) — The Tennessee Department of Human Services is seeking sponsors for its Summer Food Service Program.

STATE LEGISLATURE

Senate school voucher bill delayed

NASHVILLE (AP) — The Senate version of a bill to create a school voucher program in Tennessee has been delayed to allow sponsors of the measure and a competing version to try to work out differences.

AUTO INDUSTRY

GM reports lower-than-expected 4Q earnings

DETROIT (AP) — General Motors' fourth-quarter net profit rose 2 percent from a year ago, but the company fell short of Wall Street expectations as it spent heavily to restructure outside the U.S.

HEALTH CARE

Aetna's 4Q profit jumps 94 pct, misses forecasts

Aetna Inc.'s fourth-quarter profit nearly doubled, thanks in part to a $6.9 billion acquisition, but the nation's third largest health insurer missed Wall Street's earnings expectations.

NATIONAL BUSINESS

US stocks move sharply higher; Disney jumps

Encouraging news about the job market and strong earnings from Disney helped drive U.S. stocks sharply higher in afternoon trading Thursday. The market was rebounding a day after posting small losses.

US productivity grew at 3.2 percent rate in Q4

WASHINGTON (AP) — U.S. productivity slowed in the fourth quarter while labor costs kept falling. For the year, productivity turned in another weak gain.

Applications for US jobless aid fall 20K to 331K

WASHINGTON (AP) — The number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects.

US trade deficit up in December to $38.7 billion

WASHINGTON (AP) — The U.S. trade deficit increased in December after hitting a four-year low in November. But for the year, the deficit fell to its lowest point since 2009 as exports rose to an all-time high.

Oil gains; AAA says prepare for higher pump prices

NEW YORK (AP) — The prices of oil rose Thursday as a positive report on the U.S. labor market and more cold temperatures boosted expectations of higher demand for heating oil.

Average US rate on 30-year loan at 4.23 pct.

WASHINGTON (AP) — Average U.S. rates for fixed mortgages fell this week as the latest data continued to indicate a pause in the housing market's recovery.

GI Joe, the world's first action figure, turns 50

SARATOGA SPRINGS, N.Y. (AP) — G.I. Joe is turning 50. The birthday of what's called the world's first action figure is being celebrated this month by collectors and the toy maker that introduced it just before the nation plunged into the quagmire that would become the Vietnam War — a storm it seems to have weathered pretty well.

NATIONAL POLITICS

Speaker: Immigration measure will be tough to pass

WASHINGTON (AP) — House Speaker John Boehner said Thursday it will be difficult to pass immigration legislation this year, dimming prospects for one of President Barack Obama's top domestic priorities.

Boehner: 'We're not going to default' on debt

WASHINGTON (AP) — House Speaker John Boehner promised Thursday that the GOP-controlled House won't miss a late-February deadline to increase the government's borrowing cap.


WEDNESDAY, FEBRUARY 5
STATE LEGISLATURE

House panel advances supermarket wine bill

NASHVILLE (AP) - A measure that would let voters decide whether their cities or counties allow wine to be sold in supermarkets and convenience stores is advancing in the House.

Senate defeats proposal to elect attorney general

NASHVILLE (AP) - The Senate on Wednesday defeated an effort to change the Tennessee constitution to require the popular election of the attorney general.

HEALTH CARE

FACT CHECK: Anti-Obamacare chorus is off key

EDITOR'S NOTE _ An occasional look at political claims that take shortcuts with the facts or don't tell the full story

Administration drills down to find the uninsured

WASHINGTON (AP) — Uninsured Americans are still procrastinating about President Barack Obama's health care law. With fewer than 60 days left to enroll, can the administration find the millions of customers needed to sustain new insurance markets?

AUTO INDUSTRY

Aston Martin recalls more than 17,000 luxury cars

LONDON (AP) — British luxury carmaker Aston Martin says it is recalling 17,590 sports cars because of a problem with the accelerator pedal molding.

NATIONAL BUSINESS

US stock market ends slightly lower

The U.S. stock market is closing slightly lower after a survey on hiring did little to ease uncertainty about the health of the economy.

Twitter posts 4Q loss but beats estimates

NEW YORK (AP) — Twitter beat Wall Street's earnings and revenue expectations in its first quarter as a public company. But investors were looking for even more and the company's stock dipped as much as 12 percent in after-hours trading Wednesday.

Oil gains; natural gas soars, then falls back

NEW YORK (AP) — The price of oil rose slightly Wednesday as a report showed U.S. supplies rose less than expected last week.

US service sector expands on gain in new orders

WASHINGTON (AP) — U.S. service companies expanded at a slightly faster pace in January. New orders, sales and hiring showed strength in a sign that financial firms, retailers and information technology companies foresee stronger growth.

Survey: US companies add 175,000 jobs in January

WASHINGTON (AP) — A private survey shows that businesses added jobs at a modest pace in January, a sign that hiring may have rebounded after a disappointing figure in December.

Labor board tries again to change union rules

WASHINGTON (AP) — Labor regulators are trying once again to streamline the process in which workers decide whether to join labor unions, a move sure to reignite the bitter debate between union advocates and employers that seek to discourage workers from unionizing.

CVS Caremark plans to stop tobacco products sales

CVS, the nation's second-largest drugstore chain, is kicking the habit of selling tobacco products as it continues to shift its focus toward being more of a health care provider.

Obama praises CVS for pulling tobacco from shelves

WASHINGTON (AP) — President Barack Obama is praising CVS Caremark for its decision to stop selling tobacco products at its drugstores.

USOC sponsor AT&T condemns Russia's anti-gay law

SOCHI, Russia (AP) — U.S. Olympic Committee sponsor AT&T has condemned a Russian law restricting gay-rights activity as Sochi prepares to host the Winter Olympics.

Was Microsoft smart to play it safe with CEO pick?

SAN FRANCISCO (AP) — After compiling a list of more than 100 CEO candidates, Microsoft settled on Satya Nadella a home-grown leader who joined the software maker in the early 1990s. That's back when Google's founders were teenagers and Facebook CEO Mark Zuckerberg was in elementary school.

NATIONAL POLITICS

House conservatives rule out immigration this year

WASHINGTON (AP) — Conservative Republicans on Wednesday ruled out any immigration legislation in the House this year, insisting that the GOP should wait until next year when the party might also control the Senate.

Obama, Dems meet as struggle for Senate builds

WASHINGTON (AP) — When President Barack Obama solicits advice Wednesday from his party's senators, the voices of some Democrats may come through louder than others.


TUESDAY, FEBRUARY 4
STATEWIDE

Haslam's free tuition proposal echos Bredesen's

NASHVILLE (AP) — A popular Tennessee governor running for re-election wants to create a free community college program. Sound familiar?

Haslam wants free tuition for high school seniors

NASHVILLE (AP) — Gov. Bill Haslam has made it tough for graduating high school seniors in Tennessee to find an excuse not to further their education.

10 things to know about Haslam's $32.6B budget

NASHVILLE (AP) — Here's 10 items you should know about Tennessee Gov. Bill Haslam's $32.6 billion spending proposal for the budget year beginning in July:

NASHVILLE AREA

HCA Holdings 4Q net income climbs 35 percent

NEW YORK (AP) - Hospital operator HCA Holdings said Tuesday its net income grew 35 percent in the fourth quarter, and said the health care overhaul should add to its results in 2014.

Nashville police offering teen driving class

NASHVILLE (AP) — Parents who are worried about their kids when they get behind the wheel of a car can now apply for a free teen driving awareness class taught by Nashville police officers.

Small plane crashes outside Bellevue YMCA, 4 dead

NASHVILLE (AP) — A small plane crashed near a YMCA in suburban Nashville on Monday night, killing everyone on board and damaging cars in the Y's parking lot, authorities said.

AUTO INDUSTRY

UAW: Workers at VW's Chattanooga plant voting Feb. 12-14

DETROIT (AP) — Workers at Volkswagen's only U.S. factory will decide next week whether to be represented by the United Auto Workers union.

Safety agency ends Ford truck probe without recall

DETROIT (AP) — U.S. regulators have closed an investigation into steering failures on some Ford Super Duty trucks, saying they didn't find a safety defect.

Toyota profit up 500 pct. on weak yen, good sales

TOKYO (AP) — Toyota Motor Corp. reported a more than fivefold jump in its quarterly profit Tuesday and raised its earnings forecast, crediting a weak yen and strong sales.

NATIONAL BUSINESS

US stocks recover modestly from big drop

The U.S. stock market is ending higher a day after suffering its biggest loss in more than seven months.

Oil price rises as US stocks stabilize

The price of oil rose nearly 1 percent Tuesday on hopes that demand for U.S. crude would remain on track even as some emerging-market economies falter.

Gannett 4Q profit down 12 pct on lower ad spending

MCLEAN, Va. (AP) — Gannett Co. said Tuesday that its fourth-quarter net income dropped 12 percent, partially a result of the absence of the record-high political advertising that boosted its results a year earlier.

Silicon Valley economy back at dot-com era levels

SAN JOSE, Calif. (AP) — A new report shows Silicon Valley is booming with higher jobs and income. But soaring housing costs are driving a larger wedge between the region's rich and poor.

Internet firms release data on NSA requests

WASHINGTON (AP) — A flurry of new reports from major technology companies show that the government collects customer information on tens of thousands of Americans every six months as part of secret national security investigations. And the companies' top lawyers struck a combative stance, saying the Obama administrative needs to provide more transparency about its data collection.

New report: Budget deficit to drop to $514B

WASHINGTON (AP) — A new report released Tuesday says the government's budget deficit is set to fall to $514 billion for the current year, down substantially from last year and the lowest by far since President Barack Obama took office five years ago.

US factory orders down 1.5 percent in December

WASHINGTON (AP) — U.S. manufacturers saw orders for their products decline in December by the largest amount in five months although the setback for a key category that tracks business investment was not as large as first reported.

Nadella to head Microsoft; Gates leaves chair role

LOS ANGELES (AP) — Microsoft has named Satya Nadella, an executive in charge of the company's small, but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill Gates is leaving the chairman role for a new role as technology adviser.

NATIONAL POLITICS

Broad coalition backs Keystone XL oil pipeline

WASHINGTON (AP) — An unusual coalition of lawmakers from both parties, labor and business leaders, veterans groups and Canada's ambassador to the United States have joined forces to push for quick approval of the Keystone XL oil pipeline.

Senator: US coal sales might have cost taxpayers

BILLINGS, Mont. (AP) — Congressional investigators have found problems with federal coal sales that a leading lawmaker says might have cost taxpayers $200 million or more in lost revenue.

Senate sends farm bill to Obama

WASHINGTON (AP) — Congress has given its final approval to a sweeping five-year farm bill that provides food for the needy and subsidies for farmers.

Obama secures $750M in pledges to get kids online

WASHINGTON (AP) — Claiming progress in his campaign to get American schools wired for the future, President Barack Obama is announcing commitments from U.S. companies totaling about $750 million to connect more students to high-speed Internet.


MONDAY, FEBRUARY 3
STATEWIDE

Haslam to give 4th State of State speech tonight

NASHVILLE (AP) - Republican Gov. Bill Haslam said Monday that he's making it a priority to fund key education initiatives and care for the state's most vulnerable citizens despite a tight budget year.

AUTO INDUSTRY

Nissan, Chrysler sales up; Ford, GM, VW down

DETROIT (AP) — Frigid temperatures and snowy weather generally kept buyers away from auto showrooms last month, with Ford, General Motors, Toyota and Volkswagen all reporting declines from a year ago.

Feds to decide on car-to-car communications

WASHINGTON (AP) — Federal officials are planning to announce Monday whether automakers should be required to equip new cars and light trucks with technology that enables vehicles to communicate with each other to prevent collisions. Such vehicle-to-vehicle communication could transform traffic safety.

NATIONAL BUSINESS

After tough January, stock extend slide

For investors, February is starting out just as rough as January.

Oil drops $1.06 on weaker US, China manufacturing data

NEW YORK (AP) — The price of oil dropped Monday after reports of weaker manufacturing activity in the U.S. and China.

December US construction spending up 0.1 percent

WASHINGTON (AP) — U.S. construction spending rose modestly in December, slowing from healthy gains a month earlier.

US factories expanded at much slower pace in January

WASHINGTON (AP) — U.S. manufacturing barely expanded last month as cold weather delayed shipments of raw materials and caused some factories to shut down.

Yellen sworn in as Fed chair in brief ceremony

WASHINGTON (AP) — Janet Yellen has been sworn in to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year history.

Former Fed Chairman Bernanke joining Brookings

WASHINGTON (AP) — Ben Bernanke, who stepped down last week after eight momentous years as chairman of the Federal Reserve, is joining the Brookings Institution, a Washington think tank.

Antitrust issues a risk for menswear merger battle

Jos. A. Bank raised doubts Sunday about whether the federal government will approve the takeover bid by rival clothier Men's Wearhouse.

NATIONAL POLITICS

5 things to know about the massive farm bill

WASHINGTON (AP) — Cuts to food stamps, continued subsidies to farmers and victories for animal rights advocates. The massive, five-year farm bill heading toward final passage this week has broad implications for just about every American, from the foods we eat to what we pay for them.

Obama group airing TV ad on minimum wage hike

WASHINGTON (AP) — A group supporting President Barack Obama's agenda is airing a new television ad bolstering his call for an increase in the federal minimum wage.

Lew urges quick action to raise debt ceiling

WASHINGTON (AP) — Treasury Secretary Jacob Lew says he will start using emergency measures after Feb. 7 to avoid a first-ever default on the national debt. He says he expects to exhaust those measures quickly.

Republicans blame Obama for stalling immigration

WASHINGTON (AP) — Republicans are starting to lay the blame on President Barack Obama if an overhaul of the nation's broken immigration system fails to become law.

Paul Ryan: Immigration legislation unlikely in '14

WASHINGTON (AP) — Days after House Republicans unveiled a roadmap for an overhaul of the nation's broken immigration system, one of its backers said legislation is unlikely to pass during this election year.


FRIDAY, JANUARY 31
STATEWIDE

Alexander reports $3.2M on hand for Senate race

NASHVILLE (AP) - U.S. Sen. Lamar Alexander's campaign says it raised nearly $770,000 in the fourth quarter and that it ended the year with $3.2 million on hand.

STATE LEGISLATURE

Tennessee Senate passes supermarket wine bill 23-8

NASHVILLE (AP) - Voters would decide whether their cities or counties allow wine to be sold in supermarkets and convenience stores, under a bill passed by the state Senate on Thursday.

AUTO INDUSTRY

Nissan executive meets with Obama in Nashville

NASHVILLE (AP) — Nissan Americas executive Randy Knight was among community and civic leaders given the opportunity to meet President Barack Obama before his speech to a Nashville high school on Thursday.

Honda 3Q profit doubles, sales get weak yen boost

TOKYO (AP) — Honda's quarterly profit doubled from a year earlier as sales got a big perk from a weak yen.

Toyota tells dealers to stop selling 6 models

DETROIT (AP) — Toyota has told North American dealers to stop selling six popular models with heated seats because the fabric doesn't meet flammability standards.

NATIONAL BUSINESS

US stocks end tough January with another decline

NEW YORK (AP) — Stock investors were hit from all sides in January.

Pump prices fell in January as drivers stayed home

NEW YORK (AP) — If it's any consolation, the wicked weather of January helped lower the price of gasoline.

Keystone XL oil pipeline clears significant hurdle

WASHINGTON (AP) — The long-delayed Keystone XL oil pipeline cleared a major hurdle Friday as the State Department raised no major environmental objections to the controversial pipeline from Canada through the heart of the U.S. Republicans and some oil- and gas-producing states cheered, but the report further rankled environmentalists already at odds with President Barack Obama.

US consumer spending up 0.4 percent in December

WASHINGTON (AP) — Americans increased their spending at a solid pace for the second straight month in December even though their income was flat.

Obama asks CEOs for help hiring long-term jobless

WASHINGTON (AP) — Confronting an economic recovery slowed by persistent joblessness, President Barack Obama on Friday won commitments from nearly 300 companies to reach out to the nearly 4 million Americans who have been jobless for half a year or more.

Solid growth brightens economic outlook for 2014

WASHINGTON (AP) — Consumers will spend more. Government will cut less. Businesses will invest more. And more companies will hire.

Google's 4Q earnings rise 17 pct but ad rates fall

SAN FRANCISCO (AP) — Google's fourth-quarter earnings rose 17 percent even though a long-running slump in its online ad prices deepened.

Google poised to execute long-delayed stock split

SAN FRANCISCO (AP) — Google is finally ready to split its stock for the first time, more than three years after co-founders Larry Page and Sergey Brin began discussing a move engineered to ensure they remain in control of the Internet's most powerful company.

Amazon 4Q earnings grow but miss expectations

SEATTLE (AP) — Amazon's profit and revenue both grew in the latest quarter but its results fell below what Wall Street was expecting and shares of the world's biggest online retailer tumbled.

Obama: Job training must reflect changing economy

WAUKESHA, Wis. (AP) — Stressing the importance of having job-training programs that work, President Barack Obama on Thursday ordered a "soup to nuts" review of federal workforce training initiatives and pledged to copy the most successful ones.

Bernanke legacy: Final chapter yet to be written

WASHINGTON (AP) — When Ben Bernanke puts on his coat and leaves his office Friday, he will close the door on a precedent-breaking eight years as chairman of the Federal Reserve.

US wants Bank of America to pay $2.1B in penalties

NEW YORK (AP) — Federal prosecutors wants a judge to order Bank of America to pay $2.1 billion in penalties for knowingly selling bad home loans, more than double the amount the government had sought in the case.

Fewer signed contracts to buy US homes in December

WASHINGTON (AP) — Fewer Americans signed contracts to buy previously occupied homes in December, suggesting a slowdown in real estate. Pending home sales fell to the lowest point since October 2011.

Average US rate on 30-year loan at 4.32 pct.

WASHINGTON (AP) — Average U.S. rates for fixed mortgages slipped this week as new data showed a decline in home prices in November and a drop in new homes sales last month.

NATIONAL POLITICS

Citizenship for immigrants? Obama eases insistence

WASHINGTON (AP) — President Barack Obama's new declaration that he's open to legalizing many immigrants short of citizenship sounds a lot like House Speaker John Boehner and other GOP leaders, an election-year compromise that numerous Republicans as well as Democrats crave.

20-term Democratic Rep. Waxman to retire

WASHINGTON (AP) — Rep. Henry Waxman, one of Congress' fiercest negotiators and a policy expert on everything from clean air to health care, will retire at the end of the year after four decades in the House.

Senate passes bill to delay flood insurance hikes

WASHINGTON (AP) — The Senate has passed a bill to delay premium hikes for years on hundreds of thousands of homeowners who buy flood insurance from the federal government.

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MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
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