VOL. 45 | NO. 16 | Friday, April 16, 2021
Cars, roads built the suburbs. Quick connectivity is now expanding them
Rachel Pinkstaff left California looking for a place with more affordable home prices and less government intrusion. She found what she was looking for in fast-growing Thompson’s Station in southern Williamson County.
JOE ROGERS: MY TAKE
A question for those who oppose COVID vaccine passports: Why? I’ve already applied for mine.
RICHARD COURTNEY: REALTY CHECK
Many have heard the stories of woe emanating from Williamson County as hundreds of would-be buyers are trying to purchase homes in the area only to be rebuffed by sellers who are swimming in offers.
REAL ESTATE
March 2021 real estate trends for Davidson County, as compiled by Chandler Reports.
First quarter 2021 real estate trends for Davidson County, as compiled by Chandler Reports.
Top residential real estate sales, March 2021, for Davidson County, as compiled by Chandler Reports.
WASHINGTON (AP) — Mortgage rates fell for a second straight week amid signs of economic improvement.
NEWSMAKERS
Lipscomb University’s College of Business, recognized across Tennessee and nationally as a leader in business education, has appointed international supply chain expert and U.S. Army veteran Hannah Stolze as director of its Center for Transformative Sales & Supply Chain Leadership and associate professor of supply chain management.
BRIEFS
Bridgewood Property Company, a Texas-based developer of high-end senior living properties, has acquired property at 3808 Cleghorn Avenue in Green Hills for the development of a mid-rise, luxury retirement community.
BEHIND THE WHEEL
SUVs top nearly every automaker’s sales charts, and they’re not cheap. Any given SUV costs a few thousand more than its closest sedan counterpart. To help ease the sticker shock, Edmunds’ experts have compiled a list of five SUVs that come in a variety of sizes and have unusually low starting prices for their competitive segments.
BUSINESS BOOK REVIEW
Yeah, says who? The answer likely depends on who’s asking but the outcome is still the same: Once was, if it was a parent or teacher, you took a deep breath before replying. Now, as an adult, you still want to think before answering.
PERSONAL FINANCE
Your doctor needs to know certain numbers to judge your physical health, such as your weight, your blood pressure and your cholesterol levels.
CAREER CORNER
The unfortunate truth of today’s job market is that applying for jobs is very competitive. Employers can be picky about who they hire and how much they want to pay. For many job seekers older than 50, the search process is a longer, harder road than they remember from years past.
MILLENNIAL MONEY
In 2020, I was looking forward to leaving Los Angeles for a socially distanced vacation in San Diego. I had stocked up on food, hand sanitizer, wipes and masks.
VANDERBILT SPORTS
NASHVILLE (AP) — Shea Ralph said the possibilities coaching Vanderbilt offered were too good to pass up, though leaving UConn was very tough after investing in the Huskies as both a player and assistant coach for 13 seasons.
UT SPORTS
KNOXVILLE (AP) — Tennessee has signed 7-foot forward Jonas Aidoo, the Vols' fourth signee for the 2021 recruiting class.
KNOXVILLE (AP) — Tennessee has signed Quentin Diboundje from France, the seventh international player during coach Rick Barnes' tenure.
NASHVILLE AREA
NASHVILLE (AP) — Oracle Corporation plans to bring 8,500 jobs and a $1.2 billion investment to fast-growing Nashville over the coming decade, a deal Mayor John Cooper's office announced Wednesday as unprecedented in the history of Tennessee economic development projects.
MIDSTATE
NASHVILLE (AP) — General Motors is expected to announce Friday that one of its joint ventures will build a second U.S. electric vehicle battery factory in Spring Hill.
CLARKSVILLE (AP) — LG Electronics is planning to add a new shift to its washing machine factory in Tennessee, spurring an anticipated 334 new jobs.
AUTO INDUSTRY
FRANKFURT, Germany (AP) — Daimler AG on Thursday unveiled a battery-powered counterpart to its top Mercedes-Benz luxury sedan as German carmakers ramp up their challenge to electric upstart Tesla.
DETROIT (AP) — More than a dozen consumer groups and three federal employee unions are asking the U.S. government to stop using vehicles in its fleet with unrepaired safety recalls.
HEALTH CARE
UnitedHealth's first-quarter profit jumped about 44%, and the nation's largest health insurer also hiked its 2021 outlook despite expecting more hits from the COVID-19 pandemic.
WASHINGTON (AP) — The Biden administration has been slow-walking its work on the extension of a legislative order that would keep in place a sweeping tool that's helped federal agents crack down on drugs chemically similar to fentanyl, three people familiar with the matter told The Associated Press.
TRANSPORTATION
Delta Air Lines lost $1.2 billion in the first quarter but executives said Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues.
A new study says leaving middle seats open could give airline passengers more protection from the virus that causes COVID-19.
VIRUS OUTBREAK
GENEVA (AP) — A top official from the World Health Organization says Europe has surpassed 1 million deaths from COVID-19 and the situation remains "serious," with about 1.6 million new cases reported each week in the region.
NEW DELHI (AP) — India's two largest cities imposed stringent restrictions on movement and one planned to use hotels and banquet halls to treat coronavirus patients as new infections in the country shot past 200,000 Thursday amid a devastating surge that is straining a fragile health system.
Johnson & Johnson's COVID-19 vaccine will remain in limbo for a while longer after government health advisers declared Wednesday that they need more evidence to decide if a handful of unusual blood clots were linked to the shot — and if so, how big the risk really is.
NATIONAL/INTERNATIONAL BUSINESS
Stocks rallied to more record highs on Wall Street as a suite of stellar data suggested the recovery for the economy and corporate profits is accelerating.
WASHINGTON (AP) — American industry rebounded last month as the United States recovered from an unusually frigid February.
NEW YORK (AP) — Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again.
WASHINGTON (AP) — A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding.
NEW YORK (AP) — After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos acknowledged that Amazon has to do better for its workers and vowed to make Amazon a safer place to work.
NEW YORK (AP) — Bank of America's profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic.
NEW YORK (AP) — Citigroup's profits more than tripled in the first quarter, the banking conglomerate said Thursday, helped by the release of billions of dollars from its loan-loss reserves.
MOREHEAD, Ky. (AP) — "Hillbilly Elegy" author J.D. Vance has resigned from the board of a company that uses green technology to mass-produce food in Appalachia, days after sending some controversial tweets.
COURTS
WASHINGTON (AP) — A group of congressional Democrats introduced legislation Thursday to add four seats to the Supreme Court, a long-shot bid designed to counter the court's rightward tilt during the Trump administration and criticized by Republicans as a potential power grab that would reduce the public's trust in the judiciary.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — House Democrats were poised to pass legislation Thursday that they say would help close the gap between what men and women are paid in the workplace, though the measure faces little chance of overcoming Republican opposition in the Senate.
WASHINGTON (AP) — The Biden administration on Thursday announced the U.S. is expelling 10 Russian diplomats and imposing sanctions against dozens of companies and people, holding the Kremlin accountable for interference in last year's presidential election and the cyber hacking of federal agencies.
WASHINGTON (AP) — The top watchdog for the U.S. Capitol Police will tell a House committee on Thursday that there is a need for a culture change within the force after broad failures in its response to the Jan. 6 insurrection, including missed intelligence predicting a "war" and weapons that were so old that officers didn't feel comfortable using them.
WASHINGTON (AP) — A House panel advanced a decades-long effort to pay reparations to the descendants of slaves by approving legislation Wednesday that would create a commission to study the issue.