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VOL. 37 | NO. 10 | Friday, March 08, 2013

A cure for what ales the beer industry

The highest beer tax in the nation is hurting one of Nashville’s growth industries. Is help on the way?

Nashville’s growing community of beer enthusiasts, with its sophisticated palates and award-winning brews, seems determined to add “Craft Beer Capital of the South” to the city’s many monikers.

No gas? No problem for MTSU team's cross-country drive

Cliff Ricketts has traveled 2,582 miles by car using only 2.15 gallons of gas.

No mystery to former software developer's career change

Ever read those popular crime mystery paperbacks and think, I could write those?

LEGISLATIVE PROFILE

Kyle works to give Democrats voice in GOP-dominated Senate

State Sen. Jim Kyle (D-Memphis), the Democratic leader of the Senate, sees things at the legislature these days he does not like.

Local Weather
Today
Nashville, TN
33°F
Fair
Wind: 7 mph
Humidity: 75%

EVENTS

Celebrate St. Patrick’s Day. Celebrate St. Patrick’s Day early this Friday with traditional Irish fare. All proceeds will benefit United Way of Robertson County & the Master’s Table. 9 a.m.-7 p.m., The Master’s Table, 519 Central Avenue, Springfield. Information: 384-8160, 384-4480.

more events »

REALTY CHECK

A price to be paid for getting full asking price

The spring market has hit and is in full swing, or maybe half swing as many are awaiting the daffodils to come forth.

NEWSMAKERS

Fridrich & Clark’s Smith earns top Realtor honor

The Greater Nashville Association of Realtors has named Lucy Smith of Fridrich & Clark Realty the 2012 Realtor of the Year.

BUSINESS BOOK REVIEW

In a rut? Try doing instead of dreaming

Your goals are just out of reach – as they should be.

GUERRILLA MARKETING

Spend less on marketing by growing relationships

Countless studies have proven that it’s generally six to eight times more expensive to attract a new customer than to sell more product or service to an existing customer. Why, then, do so many view sales as a linear process, which ends when the sale is closed?

THE WORLDLY INVESTOR

Urbanization equals global opportunities

The worldwide adoption of competition and capitalistic principles has unlocked tremendous prosperity growth. At the core of this prosperity movement are the unique advantages created by urbanizing the world’s population.

SMART STUFF 4 WORK

Discussing ‘serious consequences’ with employees

So you have tried all the subtle ways to get a subordinate to start doing something that needs to be done to make things better in your business, or stop doing something that is causing problems. What do you do now?

I SWEAR

Could they really name baby girl for quarterback?

The due date was Feb. 7. First child. The expectant couple declined all invitations, exhortations and overt begging from friends and relatives to disclose, or even hint at, the name they planned to give their daughter.

KAY'S COOKING CORNER

What makes extra virgin olive oil special?

I guess I’m on an Italian cooking spree. Last week, I told you about Modena balsamic vinegar. This week, I have olives on my mind.

STATE LEGISLATURE

Ramsey wants committee to clear supermarket wine

NASHVILLE (AP) - Senate Speaker Ron Ramsey says he wants to a supermarket wine bill to clear his chamber's committees even though the House version failed this week.

Senate Oks bill allowing college IDs to vote

NASHVILLE (AP) - Legislation that would allow student identification from the state's higher education institutions to be used for voting has passed the Senate.

Bill approved to protect college student counselors

NASHVILLE (AP) - The Senate has approved legislation that would protect student counselors at public higher education institutions who withhold their services because of religious beliefs.

Constitutional concerns raised over VU police bill

NASHVILLE (AP) - The state's attorney general has raised constitutional concerns over an effort to strip Vanderbilt University of its police force because of a nondiscrimination policy for student groups.

Harwell travels to Pennsylvania for mother's funeral

NASHVILLE (AP) — Rep. Curtis Johnson is presiding over the Tennesee House while Speaker Beth Harwell is away to attend to her mother's funeral.

Competing voucher bills gearing up in Legislature

NASHVILLE (AP) - The Republican sponsor of a measure competing with Gov. Bill Haslam's to create a school voucher program in Tennessee says she's convinced the initiative should be broader than what the governor is proposing.

Senate OKs virtual school measure

NASHVILLE (AP) - Gov. Bill Haslam's proposal to tighten enrollment requirements at privately run online schools has passed the Senate.

Charter school authorizer bill advances

NASHVILLE (AP) — A measure that would create a special panel to authorize charter school applications is advancing in the state Legislature.

NASHVILLE AREA

Kirkland's CEO to retire, 4Q results top Street

NASHVILLE (AP) - Kirkland's CEO Robert Alderson plans to retire next February after almost three decades with the home decor company.

Tennessee governor's mansion to be featured on HGTV

NASHVILLE (AP) — HGTV will be filming the unveiling of a kitchen renovation and a cutting garden at the mansion of Tennessee Gov. Bill Haslam.

MIDSTATE

Furlough notices expected soon for federal workers

NASHVILLE (AP) — Over the next couple of weeks, notifications of planned furloughs are expected to be sent out to federal employees who work on Kentucky military installations as unions negotiate the impact of automatic spending cuts.

AUTO INDUSTRY

BMW profits rise in 'most successful year' ever

FRANKFURT, Germany (AP) — German automaker BMW says net profit increased 4.4 percent to €5.1 billion ($6.6 billion) in 2012 — hailing it as its "most successful year" — thanks to a big sales jump in Asia and a better market in the United States.

Honda recalls 250,000 vehicles for braking problem

TOKYO (AP) — Honda is recalling nearly 250,000 vehicles worldwide for brakes that can suddenly kick in even when the driver isn't braking.

NATIONAL BUSINESS

US wholesale prices rise 0.7 pct. on gas spike

WASHINGTON (AP) — A measure of U.S. wholesale prices rose in February by the most in five months, pushed higher by more expensive gas and pharmaceuticals. But outside those increases, inflation was mild.

Applications for US jobless aid reach 5-year low

WASHINGTON (AP) — Fewer Americans sought unemployment aid last week, reducing the average number of weekly applications last month to a five-year low. The drop shows that fewer layoffs are strengthening the job market.

Sharp drop in US homes lost to foreclosure in February

LOS ANGELES (AP) — While the nation's foreclosure woes persist, new data show they're easing amid a resurgent housing market, rising home prices and efforts by some states to buy homeowners more time to avoid losing their homes.

S&P 500 nears record high; Dow heads for 10th gain

NEW YORK (AP) — Encouraging news from the job market sent the stock market toward two milestones Wednesday: A record high close for the Standard & Poor's 500 index and the longest winning streak for the Dow Jones industrial average in more than 16 years.

Natural gas jumps almost 3 pct., oil up slightly

NEW YORK (AP) — Natural gas rose 3 percent, to the highest level since November, as the government said supplies of the fuel are nearly 20 percent below year-ago levels.

Poll finds attitude shift among working moms

WASHINGTON (AP) — Working mothers increasingly want full-time jobs, and tough economic times might be a big reason, according to a national survey.

Census shows record 1 in 3 US counties are dying

WASHINGTON (AP) — A record number of U.S. counties — more than 1 in 3 — are now dying off, hit by an aging population and weakened local economies that are spurring young adults to seek jobs and build families elsewhere.

China accuses Coca-Cola of misusing GPS equipment

BEIJING (AP) — Chinese authorities are investigating whether Coca-Cola Co. employees improperly used location-finding technology in violation of restrictions on map-making.

NATIONAL POLITICS

Obama, GOP in 'great conversation' on Capitol Hill

WASHINGTON (AP) — President Barack Obama said he had "a great conversation" with Senate Republicans on Thursday, the third stop in his ice-breaking tour of the Capitol this week on the budget and other topics.

Senate panel to approve budget sparing safety net

WASHINGTON (AP) — Acting on the Senate's first budget since President Barack Obama took office, a Democratic-led panel is moving toward party-line approval of a fiscal blueprint that would only modestly trim the budget deficit while protecting safety net programs from slashing cuts proposed by Republicans.


WEDNESDAY, MARCH 13
STATE LEGISLATURE

Black Keys manager denies pressuring adversary

NASHVILLE (AP) - As Tennessee lawmakers consider a proposal to crack down on ticket scalping, a Nashville lawyer who opposes the bill alleges that a manager of The Black Keys tried to persuade him to change his position in exchange for tickets to a performance by the band.

Bill to OK riding without helmet advances

NASHVILLE (AP) - A proposal to do away with the state's motorcycle helmet law passed a Senate panel on Wednesday despite Gov. Bill Haslam's opposition.

Bill advances to increase fine for not wearing seat belt

NASHVILLE (AP) - A proposal that would increase the fine for not wearing a seat belt by $40 is advancing in the Senate.

STATEWIDE

Sara Kyle resigns from TRA citing restructuring

NASHVILLE (AP) - Sara Kyle has resigned from the board of the Tennessee Regulatory Authority, citing the panel's diminished role under a restructuring of the agency by Republican Gov. Bill Haslam.

NASHVILLE AREA

Women in Aviation conference comes to Nashville

NASHVILLE (AP) - Thousands of women involved in the aviation industry, including the head of the National Transportation Safety Board and female pilots from World War II, will be in Nashville for a three-day conference.

AUTO INDUSTRY

Nissan recalls 5 models for air bag problem

DETROIT (AP) — Nissan is recalling five of its 2013 models in the U.S. because a faulty sensor can permanently turn off the front-seat passenger air bag.

NATIONAL BUSINESS

Dow notches ninth straight gain, longest since '96

NEW YORK (AP) — The Dow Jones industrial average has notched its ninth gain in a row, giving the index its longest winning streak in 16 years.

Oil little changed after US supply data

NEW YORK (AP) — The price of oil was little changed Wednesday as rising U.S. supplies offset a strong report on U.S. consumer spending that pointed to growing demand for oil and gas in a strengthening economy.

BlackBerry gets biggest order ever

BlackBerry, formerly known as Research In Motion Ltd., says it has received an order for one million of its new smartphones, marking the largest ever single purchase in the company's history.

Fed to change timing of policy statement

WASHINGTON (AP) — The Federal Reserve is changing its schedule for issuing policy statements, a shift that will give Chairman Ben Bernanke an opportunity to better control the message it sends to financial markets.

US budget deficit jumps in February by $204B

WASHINGTON (AP) — The U.S. federal budget deficit jumped in February from January, though it is still running well below last year's pace. Higher taxes and an improving economy are expected to hold the deficit below $1 trillion for the first time since President Barack Obama took office.

Health insurers warn of overhaul-induced sticker shock

Some Americans could see their insurance bills double next year as the health care overhaul law expands coverage to millions of people.

US CEOs optimistic about economy, wary of hiring

WASHINGTON (AP) — Chief executives at the largest U.S. companies are much more optimistic about their sales prospects than they were three months ago, though many remain cautious about hiring.

US businesses boost restocking 1 percent

WASHINGTON (AP) — U.S. companies increased their restocking in January from December, an encouraging signal that they expect consumers will spend more this year and help the economy grow faster.

US retail sales up solid 1.1 percent in February

WASHINGTON (AP) — Americans spent at the fastest pace in five months in February, boosting retail spending 1.1 percent compared with January. About half the jump reflected higher gas prices, but even excluding gas purchases, retail sales rose 0.6 percent.

FAA approves Boeing plan to fix 787's batteries

WASHINGTON (AP) — A Boeing plan to redesign the 787 Dreamliner's fire-plagued lithium-ion batteries won approval Tuesday from the Federal Aviation Administration, moving the cutting-edge planes a step closer to flying passengers again.

Ackman applauds call for Herbalife investigation

NEW YORK (AP) — Hedge fund manager William Ackman is applauding a consumer group's push for the Federal Trade Commission to investigate whether Herbalife is a pyramid scheme.

Applying for Obama health care plan not easy

WASHINGTON (AP) — Applying for benefits under President Barack Obama's health care overhaul could be as daunting as doing your taxes.

NATIONAL POLITICS

GOP sends mixed signals on Obama's outreach effort

WASHINGTON (AP) — House Republicans are sending mixed signals in agreeing to meet with President Barack Obama for talks over the budget impasse, while Obama is conceding that a political accommodation may be impossible.

Analysis: 'Grand bargain' a tough sell in Congress

WASHINGTON (AP) — For all the talk of a presidential "charm offensive" and possible thaw in partisanship, ample signs show that Congress is far from reaching a "grand bargain" to shrink the deficit.

House to vote on bill preventing welfare waivers

WASHINGTON (AP) — The House is taking up a politically charged bill that would block the Obama administration from waiving any work requirements in the 1996 welfare reform law.


TUESDAY, MARCH 12
STATE LEGISLATURE

Haslam's school voucher bill advances in House

NASHVILLE (AP) - Gov. Bill Haslam's proposal to create a school voucher program in Tennessee is advancing in the House.

Supermarket wine bill fails by 1 vote in House

NASHVILLE (AP) - A proposal to loosen wine sale laws in Tennessee failed by a single vote in a House committee on Tuesday, though supporters hope they can revive it.

Brewers swing support to grocery wine

NASHVILLE (AP) — The beer industry has swung its support behind a bill to allow Tennessee supermarkets and convenience stores to sell wine — provided the measure also allows them to sell strong beer.

House OKs proposal to cut lawmaker allowances

NASHVILLE (AP) — A proposal to eliminate hotel allowances for some Tennessee lawmakers passed the House on Monday despite concerns that it might hurt those who use the excess to defray other unreimbursed expenses.

House passes bill to close handgun carry records

NASHVILLE (AP) — The House has passed a bill that would seal most handgun carry permit records in Tennessee.

Bill to tighten online school enrollment delayed

NASHVILLE (AP) — Gov. Bill Haslam's proposal to tighten enrollment requirements at privately run online schools in Tennessee has been delayed in the Senate.

House approves judicial selection amendment

NASHVILLE (AP) — The state House has approved a proposed constitutional amendment to give lawmakers the power to refuse the governor's appointments to appeals courts in Tennessee.

NASHVILLE AREA

Financial empowerment center to open in Nashville

NASHVILLE (AP) — The city of Nashville along with the United Way of Metropolitan Nashville will open the city's new Financial Empowerment Center to help low-income residents reduce debt and build assets.

MIDSTATE

ProPack expansion to create 22 jobs in White House

NASHVILLE (AP) - A Washington-based logistics company has decided to open its first facility in Robertson County and create nearly two dozen new jobs in White House.

AUTO INDUSTRY

Feds could add a million GM midsize cars to recall

DETROIT (AP) — U.S. safety regulators are investigating whether to add more than a million General Motors midsize cars to a recall for brake light problems.

NATIONAL BUSINESS

US employers post more jobs, cut fewer workers

WASHINGTON (AP) — U.S. employers advertised more job openings in January, suggesting that hiring will remain healthy in coming months.

Dow ekes out eight straight advance

NEW YORK (AP) — The Dow Jones industrial average logged its longest winning streak in two years — barely.

Oil rises for 4th day, eyes on supply reports

The price of oil rose for a fourth straight day Tuesday as traders awaited the latest reports on U.S. oil supplies and retail sales.

Mayor vows to press on after NYC soda rule nixed

NEW YORK (AP) — Eateries from corner delis to movie concession stands have gotten a last-minute reprieve from the nation's first ban on big sugary drinks. But Mayor Michael Bloomberg is urging them to shrink their cups and bottles, anyway.

NATIONAL POLITICS

Government fiscal outlook improving, but only for now

WASHINGTON (AP) — Despite constant budget wrangling and finger-pointing by the nation's policy-makers, the government's short-term fiscal outlook isn't all that bad. It's actually getting better — at least for now.

White promises "unrelenting" enforcement at SEC

WASHINGTON (AP) — Mary Jo White vowed Tuesday to make "bold and unrelenting" enforcement of Wall Street a high priority if she is confirmed chairman of the Securities and Exchange Commission.

Senate panel ready to OK gun background checks

WASHINGTON (AP) — Democrats are ready to muscle expanded background checks and other gun curbs through a Senate committee, giving President Barack Obama an initial if temporary victory on one of his top priorities.

GOP budget takes aim again at Obamacare, Medicaid

WASHINGTON (AP) — House Republicans unveiled their latest budget outline on Tuesday, sticking to their plans to try to repeal so-called Obamacare, cut domestic programs ranging from Medicaid to college grants and require future Medicare patients to bear more of the program's cost.


MONDAY, MARCH 11
NASHVILLE AREA

National Foundation of America founder convicted

NASHVILLE (AP) - A businessman formerly from Franklin has been convicted of defrauding investors of $30 million worth of assets.

STATE LEGISLATURE

Limited approach taken to judicial redistricting

NASHVILLE (AP) - Senate Speaker Ron Ramsey on Monday gave his proposal for redrawing Tennessee's judicial districts for the first time since 1984.

Vote tonight on bill to tighten online school enrollment

NASHVILLE (AP) — A proposal to tighten enrollment requirements at online-only schools in Tennessee is expected to be up on the Senate floor Monday evening.

AG: Utility bills would climb under legislation

NASHVILLE (AP) — The state Attorney General says a measure pending in the General Assembly could cause bills from for-profit utility companies to climb significantly without much government oversight.

AUTO INDUSTRY

China's auto sales up 19.5 percent in Jan-Feb

BEIJING (AP) — China's auto sales accelerated in the first two months of this year, rising 19.5 percent over the same period of 2012 in a possible positive sign for an economic recovery.

NATIONAL BUSINESS

Judge strikes down NYC sugary-drinks size rule

NEW YORK (AP) — A judge struck down New York City's groundbreaking limit on the size of sugar-laden drinks Monday shortly before it was set to take effect, agreeing with the beverage industry and other opponents that the rule is arbitrary in applying to only some sweet beverages and some places that sell them.

New BlackBerry coming to the US on March 22

TORONTO (AP) — BlackBerry-maker Research In Motion will launch its new touchscreen smartphone in the U.S. with AT&T on March 22. The release will come several weeks after RIM launched the much-delayed devices elsewhere.

Stocks creep up; Dow rises for seventh day running

NEW YORK (AP) — The stock market crept higher Monday, pushing the Dow Jones industrial average to its seventh straight day of gains.

Oil little changed; pump price down to $3.70

NEW YORK (AP) — Oil reversed an early decline Monday and finished above $92 for the first time this month.

Icahn signs confidentiality agreement with Dell

Billionaire investor Carl Icahn, who is fighting Dell Inc. founder Michael Dell's plan to take the struggling company private, is entering into a confidentiality agreement that would give him access to the computer maker's financial records.

NATIONAL POLITICS

Lawmakers: Obama wooing might break budget logjam

WASHINGTON (AP) — Republican lawmakers said Sunday they welcome President Barack Obama's courtship and suggested the fresh engagement between the White House and Congress might help yield solutions to the stubborn budget battle that puts Americans' jobs at risk.

Congress wants role as Obama pushes trade agenda

WASHINGTON (AP) — The Obama administration has embarked on an aggressive trade agenda that could lower barriers and increase U.S. exports to many of the economic giants of Asia and Europe. To make that a reality, though, it may first have to negotiate future trade policy a little closer to home — with Congress.

Analysis: Obama carries 3 goals on trip to Israel

WASHINGTON (AP) — Three goals will dominate President Barack Obama's coming visit to Israel, his first as president: Convincing Israel and its leadership he means what he says about stopping Iran from building a nuclear weapon, mending a deeply troubled relationship with Prime Minister Benjamin Netanyahu and, in return, enticing Israel back to negotiations with the Palestinians.


FRIDAY, MARCH 8
STATEWIDE

February revenue $5M more than state budgeted

NASHVILLE (AP) - Tennessee Finance Commissioner Mark Emkes says the state's total tax collections for February mark the seventh consecutive month of positive growth this year.

Cuts coming to federal unemployment benefits

NASHVILLE (AP) - The state Labor and Workforce Development Department says more than 30,000 Tennesseans receiving federal unemployment benefits will see their payments reduced because of automatic federal budget cuts that took effect this month.

TennCare Spend Down open enrollment coming up

NASHVILLE (AP) - TennCare officials have announced the open enrollment date for a program that helps with high unpaid medical bills for lower-income, elderly or disabled people.

Tennessee January unemployment increases slightly

NASHVILLE (AP) — Tennessee's unemployment rate for January was 7.7 percent, a slight increase from the previous month.

STATE LEGISLATURE

Renewed bid would dilute Tennessee open meetings law

NASHVILLE (AP) - A renewed push is under way to get Tennessee lawmakers to allow local official to hold more closed-door meetings.

14 proposals submitted for judicial redistricting

NASHVILLE (AP) - Senate Speaker Ron Ramsey has received 14 proposals for how to redraw Tennessee's judicial districts.

House OKs bill to do away with transport leash law

NASHVILLE (AP) - The House has unanimously approved a bill to do away with a leash law for dogs and cats while being transported in Tennessee.

Bill to lift switchblade ban passes Senate

NASHVILLE (AP) - The Senate has approved legislation that seeks to lift Tennessee's ban on switchblades.

Bill allowing state college IDs to vote delayed

NASHVILLE (AP) - A proposal that would allow student identification from the state's higher education institutions to be used for voting was delayed Thursday in the Senate amid questions about the validity of such IDs.

NATIONAL BUSINESS

US wholesale stockpiles rise 1.2 percent

WASHINGTON (AP) — U.S. wholesalers boosted their stockpiles in January by the largest amount in 13 months even though their sales dropped sharply.

US adds 236K jobs, unemployment falls to 7.7 pct.

WASHINGTON (AP) — A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts.

Job gains push stocks to a sixth straight gain

NEW YORK (AP) — The stock market is logging its sixth straight gain after the U.S. government reported a surge in hiring in February.

Oil up on jobs data

NEW YORK (AP) — The price of oil was up slightly Friday, as a strong U.S. jobs report was tempered by gains in the dollar.

Fed says 17 of 18 top US banks have strengthened

WASHINGTON (AP) — All but one of the nation's 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the 2008 financial crisis, the Federal Reserve says.

Google cutting 1,200 more Motorola jobs

NEW YORK (AP) — Google says it's cutting an additional 1,200 jobs in its Motorola division as the unprofitable cellphone maker struggles to compete.

New TSA policy on knives, bats sparks backlash

WASHINGTON (AP) — Flight attendants, pilots, federal air marshals and even insurance companies are part of a growing backlash to the Transportation Security Administration's new policy allowing passengers to carry small knives and sports equipment like souvenir baseball bats and golf clubs onto planes.

US consumer debt up $16.2 billion in January

WASHINGTON (AP) — Americans stepped up borrowing in January to buy cars and attend school, while staying cautious about using their credit cards.

US household wealth regains pre-recession peak

WASHINGTON (AP) — It took 5½ years.

Retailers report slowing sales gains for February

NEW YORK (AP) — Americans cut back on spending in February as cold weather and economic challenges chilled their appetite for spring merchandise.

Facebook tries to stay hip with jazzier News Feed

MENLO PARK, Calif. (AP) — Facebook doesn't want to be dismissed as an Internet has-been before its social network even enters its adolescence.

NATIONAL POLITICS

SEC proposes tighter oversight of computer trading

WASHINGTON (AP) — U.S. stock exchanges could be subject to tighter oversight of automated trading under a federal proposal that advanced Thursday.

Obama presses on with GOP charm offensive

WASHINGTON (AP) — President Barack Obama pressed on with his Republican charm offensive Thursday, holding a White House lunch with House Budget Committee Chairman Paul Ryan in an effort to soften the ground for potential talks on a long-term deficit reduction deal.

COURTS

Disabled teen wins high court case over settlement

WASHINGTON (AP) — The Supreme Court has blocked North Carolina from trying to take more than $900,000 from a legal settlement won by the family of a 13-year-old girl who suffered devastating injuries during her birth.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
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
MARRIAGE LICENSES 0 0 0