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VOL. 39 | NO. 50 | Friday, December 11, 2015

Planning the perfect wedding

From venues (rustic?) to cell phone policy (ban them!)

Weddings begin with the venue. “A venue holds everything,” says Kristin King, who is opening a new event facility, The Sloane, in Nashville’s Gulch area in 2016.

Farm, historic building weddings gain in popularity

If you’ve got it, flaunt it – that’s the mindset of many couples that want to show off the beauty of Tennessee to their family and friends with a rustic, indoor or outdoor wedding.

Don’t let cell phone, iPad users ruin your wedding

Before Mackenzie Luttrell was married at the Leiper’s Fork Inn in September she recalls seeing décor items and signs for purchase that politely asked guests to put their cell phones down during the ceremony.

Better plan ahead for destination wedding

The most popular place in the U.S. to get married is Las Vegas. That’s probably no surprise.

Local Weather
Currently
Nashville, TN
55.0°F
Partly Cloudy
Wind: West at 3.5 mph
Humidity: 51%

EVENTS

Real Estate Investors Network. Williamson County Lunch Group. Rehabbers, builders, commercial, mini-storage, wholesalers, private lenders, transaction funders, hard-money lenders, bankers, title attorneys, Realtors and vendors discuss deals, the state of the market, and how they can help each other prosper. Thursday, 11:30 a.m., The Egg and I, 1000 Meridian Blvd, Suite 118, Franklin. Information: www.rein.org. Additional December opportunities:

more events »

VIEW FROM THE HILL

Autonomy comes with risk for state’s universities

Tennessee officials are lauding Gov. Bill Haslam’s plan to restructure higher education in an effort to meet his goals for the Drive to 55.

Board of Regents members upbeat with governor about changes

NASHVILLE (AP) — Members of the Tennessee Board of Regents speaking at their quarterly meeting Thursday were generally upbeat about the possibility of reducing their focus to the state's 13 community colleges and 27 colleges of applied technology.

REALTY CHECK

Demand beats supply for Habitat houses

Danny Herron, the president and CEO of the Nashville Area Habitat for Humanity, told a Realtor group last week that he and others in the affordable housing realm are faced with numerous challenges as Nashville-area property values continue to escalate.

REAL ESTATE

Middle Tennessee real estate trends for November 2015

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

Average US rate on 30-year mortgages rises to 3.95 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged higher this week following three straight weeks of declines, amid expectations that the Federal Reserve will raise its key short-term interest rate next week.

TENNESSEE TITANS

Struggling Titans step up their game for Mularkey

The biggest positive for the 2015 Titans is that they continue to fight.

NEWSMAKERS

Bass, Berry & Sims welcomes 13 to firm

Bass, Berry & Sims PLC is recently hired 13 attorneys for its Nashville office.

GUERRILLA MARKETING

Expand sales team reach without headcount

The fourth in an 11­-part series on the Top Ten 2016 Marketing Trends.

BEHIND THE WHEEL

Toyota Tacoma adds power, towing capacity for ’16

Toyota’s 2016 Tacoma is a tough, capable pickup with new interior, more power than ever, better fuel efficiency than its predecessor and a built-in GoPro camera mount next to the rearview mirror to capture every adventure.

CAREER CORNER

Office holiday party is no substitute for wild night on the town

There’s frequently an expectation that you must attend and bring your spouse. In addition to the stress of taking time out of your personal life for a work event, you must find child care, pick out the perfect holiday attire and convince your spouse that this evening is important.

I SWEAR

‘Obviously crazy’ poet pays price for treason

Ezra Pound’s 1940-1943 broadcasts over Roma Radio, for the Fascist-controlled Italian government, “were written in a vigorous erudite subtly-cadenced prose style [similar to] his Cantos .... It was a style that guaranteed he would have no success with a radio audience” (R. Wernick).

STATE LEGISLATURE

Lawmaker calls for GOP to reconsider Durham leadership post

NASHVILLE (AP) - A House Republican has made a formal request to hold a caucus meeting to reconsider the leadership position of embattled Rep. Jeremy Durham.

GOP leader discussed 'options' with Rep. Jeremy Durham

NASHVILLE (AP) — Embattled state Rep. Jeremy Durham said Wednesday that he won't resign as House majority whip amid worries among top Republicans that his ongoing leadership role could hurt campaign fundraising efforts.

MIDSTATE

Franklin Fire Dept. worker to receive fire educator award

NASHVILLE (AP) - Jamie Melton of the Franklin Fire Department has been selected as the 2015 Tennessee Public Fire Educator of the Year.

AUTO INDUSTRY

Firms say December will best US auto sales month since 2005

DETROIT (AP) — Two auto sales forecasting companies say Americans will buy more cars and trucks in December than any other month in more than a decade.

VW announces structural changes to streamline reporting

BERLIN (AP) — Germany's Volkswagen says it's making structural changes that will help it speed up its internal decision-making processes.

REAL ESTATE

Average US rate on 30-year mortgages rises to 3.97 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week in the days before the Federal Reserve announced a historic increase in its key short-term interest rate.

NATIONAL/INTERNATIONAL BUSINESS

Mining companies lead stocks lower in midday trading

NEW YORK (AP) — U.S. stocks are sliding at midday Thursday after a big rally the day before. Mining companies fell along with the price of gold and copper, while a proposed Congressional budget deal sent solar power companies higher. Indexes jumped Wednesday after the Federal Reserve raised interest rates for the first time in nearly a decade.

Fewer Americans filed for unemployment aid last week

WASHINGTON (AP) — Fewer Americans applied for unemployment claims last week, another sign of strength in the job market.

Exec who jacked up price of a life-saving drug is arrested

NEW YORK (AP) — Martin Shkreli, the former hedge fund manager vilified in nearly every corner of America for buying a pharmaceutical company and jacking up the price of a life-saving drug more than fiftyfold, was arrested Thursday on securities fraud charges unrelated to the furor.

Apple names Jeff Williams as chief operating officer

Apple named Jeff Williams as its new chief operating officer, a job that hasn't been filled since Tim Cook left the position more than four years ago to become CEO.

Falling US exports widen 3Q current account trade deficit

WASHINGTON (AP) — A drop in exports of petroleum and other U.S. goods increased the deficit in the broadest measure of U.S. trade in the July-September quarter.


WEDNESDAY, DECEMBER 16
STATE LEGISLATURE

Judge praises Durham for 'moral courage'

NASHVILLE (AP) - While many GOP leaders in the Tennessee Legislature have distanced themselves from state Rep. Jeremy Durham for writing a character reference letter on behalf of a former youth minister who pleaded guilty to child porn possession, a judge in the Franklin Republican's home county is praising what he calls the lawmaker's "moral courage."

STATEWIDE

Tennessee November revenue collections more than $902M

NASHVILLE (AP) — Tennessee Finance Commissioner Larry Martin says the state's general fund tax collections in November were $42.6 million higher than projected.

Tennessee to spend millions on new DUI campaign

NASHVILLE (AP) — After nixing an anti-DUI ad campaign that garnered criticism, the Tennessee Department of Transportation is paying millions on another attempt to educate the public about highway safety.

NASHVILLE AREA

Vanderbilt among those awarded humanities projects grants

NASHVILLE (AP) — Some Tennessee and Kentucky humanities projects will receive part of $21.8 million in grants from the National Endowment for the Humanities announced this week.

Nonstop flight between Nashville, San Francisco added

NASHVILLE (AP) — Nashville International Airport says United Airlines plans new nonstop service from Nashville to San Francisco International Airport, starting May 5.

Plane landing in Nashville rolls off runway, injuring 8

NASHVILLE (AP) — Officials say a plane has rolled off a runway at Nashville International Airport, injuring eight people.

AUTO INDUSTRY

Government: New vehicles averaged record 24.3 mpg in 2014

WASHINGTON (AP) — New cars and trucks averaged a record 24.3 miles per gallon last year, but falling gas prices and America's rekindled love affair with SUVs could endanger future fuel economy gains.

California: Self-driving cars must have driver behind wheel

LOS ANGELES (AP) — California unveiled precedent-setting draft rules Wednesday that would slow the public's access to self-driving cars of the future until regulators are confident the technology is safe.

Toyota plans to sell more than 10 million vehicles next year

TOKYO (AP) — Toyota is expecting to sell more than 10 million vehicles in 2016 but little changed from what it expects to sell this year.

REAL ESTATE

November home construction recovers after October slide

WASHINGTON (AP) — A big jump in apartment construction in the Midwest and South boosted the pace of homebuilding in November, marking a solid bounce back after tumbling in October.

TECHNOLOGY

Massive year-end spending bill includes cybersecurity act

WASHINGTON (AP) — The massive year-end spending bill encourages companies to share cyber threat information with the government.

NATIONAL/INTERNATIONAL BUSINESS

Buying a car? A home? Fed rate hike shouldn't matter much

WASHINGTON (AP) — For anyone considering whether to buy a home or car, the Federal Reserve's interest rate increase Wednesday shouldn't make much difference.

Fed finally lifts key interest rate from near zero

WASHINGTON (AP) — The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans.

Stocks jump after Fed finally raises interest rates

NEW YORK (AP) — Stocks climbed Wednesday after the Federal Reserve raised interest rates, a long-expected vote of confidence in the U.S. economy. At the same time investors were encouraged that the Fed emphasized that further increases will be gradual.

US industrial production registers worst month since 2012

WASHINGTON (AP) — U.S. industrial output fell for the third straight month in November, another sign that American manufacturers are under stress.

Why US will export oil for 1st time in decades

NEW YORK (AP) — The U.S. could soon end restrictions on oil exports put in place in the mid-1970s. The lifting of the embargo is part of a spending deal expected to be pushed through the House and Senate by the end of the week. Here are the reasons why the ban was in place, why it is now being lifted and how consumers and businesses will be affected.

NATIONAL POLITICS

House delays vote targeting Planned Parenthood, health law

WASHINGTON (AP) — Republican leaders have decided to delay until January a House vote to unravel President Barack Obama's health care overhaul and block federal money for Planned Parenthood, hoping to increase attention on their drive against two of conservatives' favorite targets.

Massive tax package offers breaks for just about everyone

WASHINGTON (AP) — From finance companies and manufacturers to teachers and the working poor, there is a tax break for almost everyone in the massive package unveiled by congressional leaders.


TUESDAY, DECEMBER 15
NASHVILLE AREA

Suspect in councilman's shooting arrested in Mississippi

NASHVILLE (AP) - Nashville authorities say a man suspected in the November shooting of Metro Councilman Loniel Greene has been arrested in Mississippi after an unrelated incident.

STATEWIDE

New law will increase seat belt fines in Tennessee

NASHVILLE (AP) — Motorists who don't buckle up in Tennessee will soon face a stiffer fine.

AUTO INDUSTRY

Union vote certified at Chattanooga Volkswagen plant

CHATTANOOGA (AP) — The National Labor Relations Board has certified the United Auto Workers win in a union vote among skilled workers at the Volkswagen plant in Tennessee.

VW European sales growth screeches to near-halt

MILAN (AP) — Volkswagen sales growth in Europe screeched to a near-halt in November compared with both its mass-market and premium competitors as the German carmaker was penalized for its involvement in a diesel emissions-cheating scandal.

REAL ESTATE

US homebuilder sentiment slips in December

U.S. homebuilders are feeling slightly less confident about their sales prospects in coming months, though they remain positive overall that the housing market will continue to improve next year.

NATIONAL/INTERNATIONAL BUSINESS

Stocks post biggest gain in a week, led by energy and banks

NEW YORK (AP) — Stocks posted their biggest gains in more than a week Tuesday, led by rising energy companies and banks.

US consumer prices unchanged but core inflation up

WASHINGTON (AP) — U.S. consumer prices were unchanged in November as declines in energy and food held down overall costs. But core inflation was up 2 percent over the 12 months ending in November. That was the fastest pace in more than a year and the kind of increase Fed officials want to see to justify the start of a round of interest rate increases.

Seattle's Uber unionization measure a new economy test case

SEATTLE (AP) — Seattle has been seen as a leader on workers' rights with moves that include gradually raising the minimum wage and requiring most employers to provide paid sick leave.

James Patterson announces $2M in holiday gifts for booksellers, libraries

NEW YORK (AP) — The beneficiaries include a manager at the Brazos Bookstore in Houston with a passion for works in translation and a community school in Pittsfield, Massachusetts, dedicated to reaching as many readers as possible.


MONDAY, DECEMBER 14
STATEWIDE

Program to stop providing meals to Tennessee prisons

NASHVILLE (AP) - Weeks after being blasted by state lawmakers for financial mismanagement, an inmate rehabilitation organization is planning to stop providing meals to Tennessee prisons.

No bids submitted in Haslam's parks privatization plan

NASHVILLE (AP) — Republican Gov. Bill Haslam's effort to outsource hospitality operations at 11 state parks has failed to draw any interest from private vendors.

STATE LEGISLATURE

Robocalls urge resignation of Tennessee Rep. Jeremy Durham

NASHVILLE (AP) — Voters in the home county of a top Republican in the state house are getting robocalls demanding his resignation over a prescription fraud investigation and a letter he wrote urging a lower sentence for a former youth pastor who pleaded guilty to child porn possession.

MIDSTATE

MTSU athletic department sponsors coat drive

MURFREESBORO (AP) — Middle Tennessee Senior Associate Athletic Director Whit Turnbow is sponsoring a coat drive that will benefit children in Rutherford, Bedford and Coffee counties.

HEALTH CARE

Crunch time again for health law; Tuesday sign-up deadline

WASHINGTON (AP) — It's crunch time to sign up for coverage under President Barack Obama's health care law. The website works much better now, but rising premiums and shaken faith among insurers have cast new shadows.

NATIONAL/INTERNATIONAL BUSINESS

A late buying burst leaves US stocks higher after wobbly day

NEW YORK (AP) — A late burst of buying left U.S. stock indexes higher at the closing bell after a day of wavering between small gains and losses.

Fear and loaning: Investors are running from junk bonds

NEW YORK (AP) — The junk-bond market has something to really fear: fear itself.

FAA to require most drones to be registered and marked

WASHINGTON (AP) — Owners of many small drones and model airplanes will have to register them with the government.

Seattle to decide whether to let Uber, Lyft drivers unionize

SEATTLE (AP) — Seattle may soon become the first city to let drivers of ride-hailing companies such as Uber and Lyft collectively bargain over pay and working conditions, a move opposed by the companies and one seen as a test case for the changing 21st century workforce.

NATIONAL POLITICS

Oil export ban in play in final-stage talks on budget deal

WASHINGTON (AP) — Republican demands to end the ban on exporting crude oil emerged as a final negotiating point Monday as lawmakers scrambled to complete a year-end spending bill needed to keep the government running.


FRIDAY, DECEMBER 11
STATE LEGISLATURE

Tennessee lawmaker urged lower sentence in child porn case

NASHVILLE (AP) - A top Republican in the state House wrote to a federal judge to call for a lenient sentence for a former youth pastor convicted of child porn possession.

GOP: Lawmaker investigation highlights need for ethics

NASHVILLE (AP) — Republican leaders in Tennessee aren't exactly rallying to the side of a state lawmaker prosecutors wanted to charge with prescription fraud.

AUTO INDUSTRY

Volkswagen group sales 2.2 percent lower in November

BERLIN (AP) — Volkswagen said Friday that its global sales were 2.2 percent lower in November than a year earlier, with increases in western European and Chinese deliveries helping cushion the impact of steep drops in the U.S. and elsewhere.

VW: Staff began working on cheat in 2005 to crack US market

WOLFSBURG, Germany (AP) — A small group of Volkswagen engineers began working as early as 2005 on emissions cheating software after they were unable to find a technical solution to U.S. emissions controls as the automaker pushed into the North American market, executives said Thursday.

TECHNOLOGY

Wal-Mart to launch own mobile pay system

NEW YORK (AP) — The mobile payment wars are heating up. Wal-Mart Stores Inc., the world's largest retailer, said it's launching its own mobile payment system that will allow shoppers to pay with any major credit or debit card or its own store gift card through its existing smartphone app at the cash register.

NATIONAL/INTERNATIONAL BUSINESS

Retails sales rise in November as shopping picks up

WASHINGTON (AP) — Holiday shoppers are off to a solid but unspectacular start as retail sales registered a modest gain in November.

A rout in crude oil prices hammers the stock market

NEW YORK (AP) — Another sharp drop in the price of oil prompted investors to dump stocks again, leaving the U.S. market with its worst weekly loss since the summer.

Oil price drops further on forecast of weaker demand

PARIS (AP) — The price of oil is falling further after the International Energy Agency forecast a decline in demand.

DuPont, Dow Chemical seek merger, then 3-way split

DOVER, Del. (AP) — Dow Chemical and the DuPont Co. announced Friday that they are merging in a $130 billion chemical industry megadeal.

US producer prices rise 0.3 pct. on higher profit margins

WASHINGTON (AP) — U.S. producer prices rose in November for the first time in four months, driven up by higher profit margins for retailers and wholesalers and a jump in shipping costs.

Can trading pollution like stocks help fight climate change?

NEW YORK (AP) — The gas produced by hog manure at farms across the U.S. punches holes in the ozone layer, overheats the planet, and angers neighbors with its peculiar odor, a mix of rotten egg and ammonia.

US household wealth in Q3 fell for first time in 4 years

WASHINGTON (AP) — The stock market's sharp decline in August and September took its toll on Americans' finances in the third quarter. Household net worth fell for the first time in four years.

NATIONAL POLITICS

Rift emerges between rich nations, others at climate talks

LE BOURGET, France (AP) — With only hours left to produce a global climate accord, rifts emerged Friday between Western countries and China and its allies over how to share the burdens of reducing carbon pollution and helping vulnerable nations cope with the rising seas and extreme weather that comes with global warming.

Congress Oks short-term spending bill hours before deadline

WASHINGTON (AP) — Congress sent President Barack Obama a short-term spending bill to keep the government open through next Wednesday as lawmakers and the White House rushed to finalize a $1.1 trillion government-wide spending bill and a sprawling tax package.

Possible tax deal would give big wins to both parties

WASHINGTON (AP) — White House and congressional negotiators searched for compromise Thursday on huge tax and spending bills with a combined price tag of well over $1 trillion, with leaders hoping to clinch agreements and let Congress adjourn next week for the year.

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