VOL. 41 | NO. 2 | Friday, January 13, 2017
Rising rents, fewer side jobs dim dreams of young, struggling artists
Celebrity chef, global wanderer and TV personality Anthony Bourdain’s recent proclamation that Nashville’s music scene is the “best in the world” could well have pushed a few more musicians to pursue their dreams in Music City.
Local music industry producers and engineers have a front-row seat to the efforts of up-and-coming musicians and songwriters arriving in Nashville, as well as established talent.
A two-bedroom Nashville apartment rents for an average of $1,400 a month, according to the December 2016 National Apartment List Rent Report.
SAM STOCKARD: VIEW FROM THE HILL
Cumberland Transit owner Allen Doty isn’t sure if a rule requiring major out-of-state retailers to collect Tennessee sales taxes will create more equity for his shop.
TIM GHIANNI: STREET LEVEL
Justin Brousse really isn’t pushing his luck by insisting he takes Justin Bruce along with him to his new job in Las Vegas. They’re inseparable.
RICHARD COURTNEY: REALTY CHECK
When is a lot not worth a lot? With apologies to the late Professor Brinley Rhys, the brilliant intellect who shared his vast knowledge with his students at Sewanee and a man who abhorred the use of “a lot” when it referred to many or much, I shall proceed.
Residential real estate sales of $1 million or more for for Davidson (308 total), Williamson (241), Rutherford (4), Wilson (5) and Sumner (3) counties in 2016, as compiled by Chandler Reports.
2016 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.
December 2016 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.
WASHINGTON (AP) — Long-term US mortgage rates fell this week, the second week of declines after snapping a nine-week run of increases.
TERRY McCORMICK: TENNESSEE TITANS
Are the Tennessee Titans on the verge of a breakthrough? It seemed as much over the second half of the 2016 season – the meltdown at Jacksonville notwithstanding.
We managed to go 3-1 in last week’s predictions with the Oakland Raiders – desperate at quarterback by having to start rookie Connor Cook – falling to the Houston Texans, who coaxed a decent game out of Brock Osweiler.
DAVID CLIMER: OUT OF LEFT FIELD
In the immediate aftermath of the Tennessee Titans’ turnaround season, Jon Robinson’s title was expanded to executive vice president and general manager.
BEHIND THE WHEEL
Ford managed to make its plug-in Fusion Energi gasoline-electric hybrid more fuel efficient for 2017, even while lowering the base price.
It’s a common practice in business to set up a booth at the same trade show every year out of habit as part of your sales promotion strategy.
The theme of this column sounds a little strange at first glance. But if you’ve ever tried to make friends as an adult, you know this is a big deal.
NASHVILLE (AP) - A Nashville television reporter has been ordered to hand over documents from his investigation of a district attorney.
NASHVILLE (AP) — Federal officials have made regulation changes aimed at stopping the practice of soring among Tennessee Walking Horses and similar breeds.
TOKYO (AP) — Global shares were mostly lower Monday amid worries about Britain's exit from the European Union and a downgrade of Italy's credit rating. Takata's shares fell in Tokyo after the air bag maker agreed to a guilty plea in the U.S. over massive recalls.
DAVOS, Switzerland (AP) — The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday.
LONDON (AP) — The eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes in technology. Most are American, with one European and one Mexican in the mix. Several have pledged to give it all to charity.
DAVOS, Switzerland (AP) — The World Economic Forum, which organizes the annual gathering of the global political and business elites in the Swiss ski resort of Davos, says the focus on economic growth, which has guided policymaking for decades, is no longer fit for purpose.
WASHINGTON (AP) — The International Monetary Fund is raising its forecast for the U.S. economy this year and in 2018, reflecting an expected boost from the economic policies of President-elect Donald Trump.
NEW YORK (AP) — Wading into foreign affairs days before his inauguration, President-elect Donald Trump said Britain's decision to leave the European Union would "end up being a great thing" and predicted the bloc would continue to break apart.
FRIDAY, JANUARY 13
NASHVILLE (AP) — A group of 20 state lawmakers has sent a letter to University of Tennessee President Joe DiPietro questioning Republican Gov. Bill Haslam's plan to privatize maintenance work on the campuses of the public college system.
NASHVILLE (AP) — Newly elected state Senate Speaker Randy McNally announced Friday that he will replace his predecessor's chief of staff with a longtime aide.
NASHVILLE (AP) - A Tennessee lawmaker has introduced legislation seeking to ban the use of food stamps to buy items without nutritional value.
NASHVILLE (AP) — Tennessee lawmakers have until Feb. 9 to file legislation they want to have considered during this year's legislative session.
NASHVILLE (AP) - The state lawmaker who tried to unseat Republican Beth Harwell as speaker of the House has been removed from his position as chairman of the Transportation Committee.
MURFREESBORO (AP) - Rutherford County officials have appointed an interim sheriff while the county's sheriff remains in jail on charges that he profited from the sale of e-cigarettes to inmates.
NASHVILLE (AP) - The Country Music Hall of Fame and Museum will feature exhibits on Faith Hill and Tim McGraw, Jason Aldean, Loretta Lynn and Shania Twain in 2017.
NASHVILLE (AP) - Willie Nelson wants his friend Loretta Lynn, who recently revealed that she tried marijuana for the first time at the age of 84 for her glaucoma but didn't like it, to give pot a second chance.
NASHVILLE (AP) - Tanya Tucker is postponing tour dates after fracturing a vertebrae and injuring a rib during a fall while on tour.
DETROIT (AP) — Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for concealing a deadly defect in its air bag inflators.
WASHINGTON (AP) — The U.S. government accused Fiat Chrysler on Thursday of failing to disclose software in some of its pickups and SUVs with diesel engines that allows them to emit more pollution than allowed under the Clean Air Act.
WASHINGTON (AP) — Ascendant Republicans drove a budget through Congress on Friday that gives them an early but critical victory in their crusade to scrap President Barack Obama's health care overhaul.
CVS is now selling a rival, generic version of Mylan's EpiPen at about a sixth of its price, just months after the maker of the life-saving allergy treatment was eviscerated before Congress because of its soaring cost to consumers.
TOKYO (AP) — Nintendo is trying to Switch it up. The Japanese video-game company revealed details Friday about its hotly anticipated Nintendo Switch, a video game console that also serves as a hand-held gaming device, during a global rollout on Friday.
Banks led U.S. stock indexes mostly higher Friday, propelling the Nasdaq composite index to its fourth record high this week.
NEW YORK (AP) — A stronger economy helped boost holiday sales both in stores and online this season, but department stores continued to struggle as habits shift.
WASHINGTON (AP) — Americans stepped up their auto buying and online shopping in December, reflecting a boost in confidence after the election and a solid increase in pay.
SOUTH MILWAUKEE, Wisconsin (AP) — Baby Boomers: your millennial children are worse off than you.
AUGUSTA, Maine (AP) — President-elect Donald Trump is urging people to buy L.L. Bean as the company faces calls for a boycott because of a family member's donations to his candidacy.
WASHINGTON (AP) — Newly released transcripts show Federal Reserve officials were sharply divided in 2011 over whether the central bank should launch a new program aimed at pushing long-term interest rates lower to spur economic growth.
Bank of America's fourth-quarter profit jumped 47 percent from a year ago as the nation's largest consumer bank benefited from higher interest rates and lower expenses.