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VOL. 39 | NO. 46 | Friday, November 13, 2015

Clarksville commuters hoping for rail service to, from Nashville

More and more riders are taking the express bus service between Clarksville and Nashville, but they’d rather be on the train.

Roadmap for the future

The Northwest Corridor Transit Study team will develop a practical “roadmap” for addressing subsequent local planning and development milestones, and for advancing the preferred alternative(s) through the Federal process. The roadmap will include:

VIEW FROM THE HILL

State’s landlords find hidden costs of privatization

Murfreesboro businessman Tom Hyde felt the sting of Tennessee’s privatization practices two years ago when a representative of Jones Lang Lasalle notified him he would have to pay the company a commission as part of his next lease agreement.

Local Weather
Currently
Nashville, TN
78.0°F
Mostly Cloudy
Wind: from the Southwest at 11.5 gusting to 24.2 mph
Humidity: 58%

EVENTS

Williamson Chamber Annual Celebration. See a different side of the Williamson Chamber at this after-hours event that combines business with pleasure. The Annual Celebration is a time to recognize the Williamson County business community. During the State of the Chamber dinner, President and CEO Matt Largen will sum up the year’s accomplishments and preview what’s to come in 2016, followed by a keynote address by Randy Boyd, Commissioner of the Tennessee Department of Economic and Community Development. Today, 5-8 p.m., The Factory, 230 Franklin Road, Franklin. Information and registration: http://members.williamsonchamber.com/events/details/2015-annual-celebration-353294

more events »

STREET LEVEL

One man’s push to revitalize Jefferson Street

A cheery void of sirens screaming on the North Nashville horizon, pretty college girls, talking about Jimmy Hendrix (before he became Jimi) and “Jefferson Street Joe,” the sun busting the gray wall of gloom … there’s no reason not to enjoy an hour or two inside this former “shooting gallery,” the pioneer outpost Nathaniel “Nate” Harris’ sweat equity purchased from the squalor that had consumed his home neighborhood.

REALTY CHECK

Give it up! You’re not giving your house away

Last week we had some fun recounting “Stuff that Realtors say,” and the real estate brokerage community enjoyed laughing at itself but has demanded equal time. So we move on to “Stuff that buyers say” and “Stuff that sellers say.”

REAL ESTATE

Middle Tennessee real estate trends for October 2015

October 2015 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.

TENNESSEE TITANS

Whisenhunt’s failed tenure now easier to understand

It was only one game, one win, but it was clear in the aftermath Sunday just how much the Tennessee Titans needed the victory they got in overtime against the New Orleans Saints.

UT SPORTS

North Texas could never upset the Vols, right?

No way Tennessee’s football team can lose Saturday’s homecoming game against North Texas, one of the worst teams in college football.

NEWSMAKERS

Gary, Hart to lead new consulting group

Two health care veterans and international law firm Dickinson Wright PLLC are launching a new corporate health care venture to be based in Nashville, DW Franklin Consulting Group, LLC. The firms will work together to provide solutions spanning both legal and business consulting services.

BEHIND THE WHEEL

Volvo V60 Cross Country stylish but lacks space

Volvo’s 2016 V60 Cross Country is a sleekly styled, compact wagon with strong turbocharged power and an interior that embodies the understated modernism of Scandinavian design.

FAMILY TRAVEL

Lower fuel prices spark Holiday travel jump

Americans might have more reasons to travel this holiday season as airfare trends continue to work in favor of the consumer.

GUERRILLA MARKETING

Delivering value to buyers who’ve done homework

These days, most buyers engage in significant online research before they ever consider speaking with sales professionals.

CAREER CORNER

Is anybody there? Too many choices for connectivity

In today’s modern world of communication, it should be easier than ever to get in touch with colleagues.

I SWEAR

Old bag: Age-related invective or sexist slander?

This just in from crossword land: I’ve deleted OLD BAG from my word list. Along with COOT, CODGER, and GEEZER. Still thinking about CURMUDGEON.

MIDSTATE

Company opening call center in Columbia

COLUMBIA (AP) — A Tennessee company plans to open a call center in Columbia, creating 137 new jobs with a $3.6 million investment.

AUTO INDUSTRY

UAW taking 'micro' approach to unionizing Volkswagen plant

NASHVILLE (AP) — The United Auto Workers union is back with a more concentrated approach after suffering a bitter loss in its efforts to gain collective-bargaining rights for all blue-collar workers at Volkswagen's plant in Tennessee.

HEALTH CARE

UnitedHealth ties to public insurance exchanges uncertain

UnitedHealth chopped its 2015 earnings forecast and the nation's largest health insurer has begun to question its future in public insurance exchanges, a key component in the nation's health care overhaul.

REAL ESTATE

Average US rate on 30-year mortgage slips to 3.97 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged slightly lower this week after two straight weeks of sharp increases. Expectations persist that the Federal Reserve may soon raise its key short-term interest rate.

NATIONAL/INTERNATIONAL BUSINESS

Applications for US jobless aid fall to low level of 271,000

WASHINGTON (AP) — The Labor Department reported Thursday that fewer Americans sought unemployment aid last week, fresh evidence that companies are confident enough in the economy to hold onto their workers.

Stocks indexes mixed in midday trading; Square soars in IPO

U.S. stocks edged mostly lower in midday trading Thursday as traders weighed a mix of company earnings news. Health care stocks were among the biggest decliners after UnitedHealth Group cut its earnings forecast. Payments company Square soared in its market debut.


WEDNESDAY, NOVEMBER 18
STATE LEGISLATURE

Tennessee GOP leader wants Guard to round up Syrian refugees

NASHVILLE (AP) - With several GOP governors calling to stop Syrian refugees from entering their states in the wake of the Paris attacks, one Republican leader in Tennessee wants to take that matter further: He says the National Guard should round up the refugees and return them to federal immigration centers.

STATEWIDE

Haslam: Health Department now tracking fetal tissue disposal

NASHVILLE (AP) - A letter to lawmakers from Gov. Bill Haslam says the state Health Department is now requiring physicians who perform abortions to document how the fetal tissue is disposed of.

Report shows impact of state's health care 'gap'

NASHVILLE (AP) - A new report reveals the negative impact that the state's health care "gap" is having on local communities.

Hillary Clinton to make first campaign stop in Tennessee

NASHVILLE (AP) - Democratic presidential candidate Hillary Rodham Clinton is making her first Tennessee campaign stops in Memphis and Nashville this week.

New Tennessee Blue Book to be named after Howard Baker

NASHVILLE (AP) - The next Tennessee Blue Book will be named after former Senate Majority Leader Howard Baker, who was known as the "The Great Conciliator" during his high profile Washington career that also included a stint as chief of staff to President Ronald Reagan.

NASHVILLE AREA

Nashville program teaches law enforcement about civil rights

NASHVILLE (AP) - On the same downtown block where Nashville police officers carried a young John Lewis by his hands and feet to a paddy wagon for daring to take a seat at a whites-only lunch counter decades ago, today's fresh-faced police recruits are learning lessons about the fraught history between law enforcement and black Americans.

State Library and Archive holding genealogy workshop

NASHVILLE (AP) - The Tennessee State Library and Archives is inviting families gathered for the Thanksgiving holiday to come learn more about their past.

AUTO INDUSTRY

United Auto Workers gets OK for union vote at Chattanooga VW plant

NASHVILLE (AP) - The National Labor Relations Board on Wednesday granted the United Auto Workers petition for a union vote for skilled trades workers at the German automaker's lone U.S. plant in Tennessee.

Germany's largest trade union opening US office with UAW

NASHVILLE (AP) - Germany's largest trade union is opening a joint office with the United Auto Workers in Tennessee to promote labor issues at German automakers and suppliers in the southern United States.

UAW leaders make push for Ford contract

DEARBORN, Michigan (AP) — Leaders of the United Auto Workers are making a push for the union's proposed contract with Ford, which is heading for defeat in votes at Ford's plants.

Honda has the most high risk models in Takata air bag recall

DETROIT (AP) — Cars and trucks from the 2008 model year or older that were originally sold or registered in high humidity areas along the U.S. Gulf Coast are getting top priority for repairs as the government commences the massive Takata air bag inflator recall.

REAL ESTATE

October home construction slumps on fewer apartment buildings

WASHINGTON (AP) — Apartment construction plunged sharply in October, as the pace of homebuilding slipped amid a broader cooling of the real estate market.

NATIONAL/INTERNATIONAL BUSINESS

Minutes of meeting show Fed pondering December rate hike

WASHINGTON (AP) — Federal Reserve officials believed last month that the economic conditions needed to trigger the first interest rate hike in nearly a decade could "well be met" by their next meeting in December.

Deal news and bank gains send stock market solidly higher

U.S. stocks notched their best day in nearly four weeks on Wednesday as investors welcomed new hints pointing to a Federal Reserve interest rate hike in coming weeks. Traders were also encouraged by more corporate deal news.

As US prepares to hike rates, Europe could reap benefits

FRANKFURT, Germany (AP) — In a high-stakes juncture for the global economy, the central banks of Europe and the United States are set to take opposing actions in December: the European Central Bank to cut rates, the Federal Reserve to raise them.

NATIONAL POLITICS

Pacific trade pact praised, panned as Obama urges approval

MANILA, Philippines (AP) — The Trans-Pacific Partnership trade deal between the U.S. and 11 other Pacific nations is drawing potential new members from Asia and criticism from those excluded, as it heads for a tough ride in the U.S. Congress.

Courting business, Obama presses for climate action in Asia

MANILA, Philippines (AP) — Aggressive action to fight climate change will be a boon for businesses in Asia and beyond, President Barack Obama has asserted as he reaches for a global climate change agreement he hopes will burnish his environmental legacy.


TUESDAY, NOVEMBER 17
MUSIC INDUSTRY

CMT to honor Kenny Rogers as artist of a lifetime

NASHVILLE (AP) — Kenny Rogers, who earlier this year announced his retirement from touring, will be honored as the CMT Artist of a Lifetime for his extensive music career spanning across multiple genres for decades.

STATEWIDE

Haslam asks federal government not to send Syrian refugees

NASHVILLE (AP) — Gov. Bill Haslam says he is asking the federal government to suspend placement of Syrian refugees in Tennessee.

AUTO INDUSTRY

VW sales dip in Europe, but no more than competitors

MILAN (AP) — European car buyers appear reluctant to punish Volkswagen for its emissions scandal, penalizing the German automaker's sales last month no more than some of its mass-market competitors.

TECHNOLOGY

Apple Pay expands as it vies for broader acceptance

NEW YORK (AP) — Apple's year-old mobile-payments service is expanding to more countries, banks and merchants, as it faces growing competition and some challenges before it becomes as commonplace as plastic cards.

REAL ESTATE

US homebuilder sentiment slips in November

U.S. homebuilders are feeling slightly less confident in their sales prospects heading into next year, even as their overall sales outlook remains favorable.

NATIONAL/INTERNATIONAL BUSINESS

An early gain fades, leaving stock indexes little changed

Stock prices are ending little changed as investors sorted through some mixed results from big U.S. retailers.

Yellen opposes GOP proposal to boost Fed oversight

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that legislation supported by House Republicans to make the Federal Reserve more transparent and accountable would be a "grave mistake" that could harm the U.S. economy.

US manufacturing output rises for first time in 3 months

WASHINGTON (AP) — U.S. manufacturing output rose in October for the first time in three months as factories cranked out more steel, cars and computers.

Consumer prices rise slightly in October

WASHINGTON (AP) — The costs of food, gasoline, shelter and medical care rose last month, yet inflation continues to run at low levels ahead of a December Federal Reserve meeting to consider raising short-term interest rates for the first time in nearly a decade.

More Thanksgiving travelers; don't get stuck at the airport

NEW YORK (AP) — A stronger economy and lower gas prices mean Thanksgiving travelers can expect more congested highways this year.

Angie's List board rejects $512 million takeover from IAC

NEW YORK (AP) — Angie's List says that its board has rejected a $512 million takeover deal from Internet company IAC/InterActiveCorp.

Wal-Mart beats 3Q profit forecasts

NEW YORK (AP) — Walmart reported improved customer traffic and an uptick in a key sales figure during the third quarter, even as a stronger dollar pressured its performance overseas.


MONDAY, NOVEMBER 16
MUSIC INDUSTRY

Pandora strikes $75M Rdio deal, promises new features

OAKLAND, Calif. (AP) — Pandora says it is acquiring technology, intellectual property and potentially employees from Rdio and will add new features to its Internet music streaming service by late next year.

NASHVILLE AREA

WKRN parent rejects Nexstar bid, but willing to talk

RICHMOND, Va. (AP) — Television company Media General, whoch owns Nashville's WKRN, has rejected a nearly $1.9 billion buyout offer from Nexstar Broadcasting Group Inc. but will engage in talks.

For gadfly Hooker, cancer is 'a jolt' but also opportunity

NASHVILLE (AP) - The ups and downs of John Jay Hooker are the stuff of Nashville legend.

MIDSTATE

Panel reviewing name of MTSU building to get public input

MURFREESBORO (AP) — Members of a panel appointed to offer a recommendation about a Middle Tennessee State University building named after Confederate Gen. Nathan Bedford Forrest say they will have an open and public deliberation process.

STATEWIDE

Tennessee school boards demand state restore priority funding

NASHVILLE (AP) - Tennessee school board delegates have voted almost unanimously for a resolution urging the state to fund all recommendations made in years past - but recently dropped - by a state panel.

TECHNOLOGY

US startup challenges Japan to giant robot battle

OAKLAND, Calif. (AP) — They've been popularized in movies, television and video games, but giant fighting robots still haven't left the realm of science fiction. That will soon change.

NATIONAL/INTERNATIONAL BUSINESS

Energy stocks lead a rally as the price of oil climbs

U.S. stocks mounted a broad rally on Monday, snapping a three-day losing streak as investors moved past concerns that the terrorist attacks in Paris could spell big trouble for the global economy.

US reaches $95.5M settlement in for-profit education case

PITTSBURGH (AP) — A Pennsylvania company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. and Canada has agreed to pay $95.5 million to settle claims it illegally paid recruiters and exaggerated the career-placement abilities of its schools.

Short-term market drop likely following Paris terror

NEW YORK (AP) — The value of stocks, crude oil and the European currency will likely fall this week as investors worry about what the Paris terror attacks will do to consumer confidence and key parts of the global economy.

Marriott becomes world's largest hotelier, buying Starwood for $12.2 billion

NEW YORK (AP) — Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.

NATIONAL POLITICS

A blur of lobbyists as transportation bill takes shape

WASHINGTON (AP) — Congress is racing toward a Friday deadline to renew the law that pays for national transportation programs, and lobbyists trying to shape the legislation are in a frenzy.


FRIDAY, NOVEMBER 13
STATEWIDE

Experts predict big Tennessee revenue growth this year and next

NASHVILLE (AP) - Experts are predicting a large budget surplus in Tennessee in the current year, and more revenue growth in the next.

Tennessee October sales tax revenue $90.7M more than expected

NASHVILLE (AP) - Tennessee Finance Commissioner Larry Martin says the state's overall revenue collections in October were $90.7 million more than expected.

6 of 9 superdelegates in Tennessee support Clinton; but not Gore

NASHVILLE (AP) - Six of the nine Democratic superdelegates in Tennessee are publicly supporting Hillary Rodham Clinton's presidential bid.

HEALTH CARE

Big deal momentum may carry into 2016 for health care

With $2 trillion in buyouts since January, 2015 has become the year of the megadeal, fueled by free money in a zero-interest rate environment.

AUTO INDUSTRY

Volkswagen global sales dip 5.3 percent in Oct after scandal

FRANKFURT, Germany (AP) — Volkswagen's flagship brand saw global auto sales fall 5.3 percent in October in the wake of a scandal over cars equipped with software that let them cheat on U.S. diesel emissions tests.

Ford plans $900M investment, 200 more jobs at Chicago plant

CHICAGO (AP) — Ford Motor Co. would invest $900 million in its assembly plant on Chicago's South Side and create about 200 new jobs under a tentative labor agreement between the automaker and United Auto Workers.

Kia recalls over 256,000 Souls for steering problem

DETROIT (AP) — Kia is recalling more than 256,000 Soul compact SUVs in the U.S. because the steering could fail.

NATIONAL/INTERNATIONAL BUSINESS

Retail gets slammed in worst week for stocks since August

NEW YORK (AP) — The stock market had its worst week since August as investors dumped retail stocks over worries that the holiday season will be a dud.

US retail sales crawl upward in Oct., led by online shopping

WASHINGTON (AP) — Americans ramped up their online shopping and restaurant spending in October, but barely-there inflation kept overall retail sales growth muted.

US producer prices drop in latest sign of tame inflation

WASHINGTON (AP) — The prices charged by farmers, manufacturers and other producers fell in October for the second straight month, fresh evidence that there is little sign of inflation in the U.S. economy.

Big beer merger leaves future uncertain for competitors

LONDON (AP) — It's no fun being in the middle. Heineken, Molson Coors and Carlsberg are storied brewers that trace their roots back hundreds of years and have loyal drinkers around the world.

From Australia to Zambia, slowing China economy causes pain

China's economic troubles have dropped on the doorstep of a sun-weathered house at 18 Edgar St. in Port Hedland on Australia's northwest coast.

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