» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome
VOL. 41 | NO. 7 | Friday, February 17, 2017
SPECIAL EMPHASIS: HEALTH CARE

Equal protection from illness

Johnson, Bonnyman fight for Tennesseans at risk of losing all simply by getting sick

If the Affordable Care Act stands, it will be partly due to the efforts of the Tennessee Justice Center.

Rural, low-income practices a hard sell for young doctors

There’s a great temptation for doctors completing their training to follow the money.

Bernard Health taking the guesswork out of health insurance

Bernard Health began with a mascot and a mission: to be the world’s most trusted advisor when it comes to helping people plan for their health care.

Local Weather

Weather in Nashville, TN

EVENTS

Notes Focus Group Thursday, Feb. 23: Notes Focus Group. Local investors meet to discuss investing in real estate-backed notes. The goal is to help each other stay motivated, analyze deals, and discuss strategies. 11:30 a.m.-1 p.m., First Watch, 1000 Meridian Blvd., Franklin.

more events »

SAM STOCKARD: VIEW FROM THE HILL

Outsourcing, rising rates worry Fall Creek Falls fans

Dunlap resident Kathy Gilbert opposes privatization of Fall Creek Falls on a number of fronts.

RICHARD COURTNEY: REALTY CHECK

Selling an old house? Better make it look like new again

There were a record 2,411 home closings in January, Greater Nashville Realtors records show, once again suggesting this market is busy year-round.

REAL ESTATE

Top Middle Tennessee residential transactions for January 2017

Top residential real estate sales, January 2017, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

Average US 30-year mortgage rate dips to 4.15 percent

WASHINGTON (AP) — Long-term mortgage rates slipped again this week. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans eased to 4.15 percent from 4.17 percent last week.

DAVID CLIMER: OUT OF LEFT FIELD

Free agent frenzy? That’s not Titans GM Robinson's style

Upon his arrival as the Tennessee Titans’ general manager in January 2016, Jon Robinson made an immediate impact with the trade for DeMarco Murray and his wheeling/dealing approach to the draft.

NEWSMAKERS

Lifepoint Health makes leadership appointments

LifePoint Health has appointed several leaders to new roles within the company. They include:

BEHIND THE WHEEL

Corolla turns 50, gets new styling, safety features

Toyota has marked 50 years of its stalwart and economical Corolla by giving it new styling and features and a nicer interior at less than $20,000.

GUERRILLA MARKETING

Business crisis is avoidable – if you have a plan

Natural disasters, bankruptcy, insider trading, bad social media reviews, product recalls and the like are certainly what initially comes to mind when you think of a crisis that could devastate your business.

CAREER CORNER

Dealing with opposing political views at work

2017 has certainly started off on an interesting foot. I don’t know about you, but social media used to be a relaxing activity where I learned about engagements, saw baby photos and watched cat videos.


WEDNESDAY, FEBRUARY 22
STATE LEGISLATURE

Senate advances bill to require vertical licenses for minors

NASHVILLE (AP) — Drivers under the age of 21 would be issued driver's licenses printed in a vertical format under a bill advancing in the Tennessee Senate.

STATEWIDE

Tennessee Gov. Haslam won't rule out US Senate run

NASHVILLE (AP) — Tennessee Gov. Bill Haslam isn't ruling out a future run for U.S. Senate.

NATIONAL/INTERNATIONAL BUSINESS

Markets Right Now: Stocks open higher on Wall Street

NEW YORK (AP) — The latest on developments in financial markets


TUESDAY, FEBRUARY 21
AUTO INDUSTRY

Rankings in J.D. Power's auto dependability study

Rankings in J.D. Power's auto dependability study

STATEWIDE

Poll: Trump approval rating at 51 percent in Tennessee

NASHVILLE (AP) — A new poll shows that President Donald Trump's approval rating in Tennessee is around 50 percent three months after he won the state by a wide margin in the general election.

Haslam: First vote on gas tax won't signal final version

NASHVILLE (AP) — Republican Gov. Bill Haslam says he's unconcerned that Tennessee lawmakers may try to make significant changes to his signature road funding plan when it comes up for its first committee vote Wednesday.

Joe Carr won't rule out bid for Tennessee governor

NASHVILLE (AP) — Former state Rep. Joe Carr, who lost Republican primary challenges for congressional seats in the last two election cycles, is mulling a bid for governor next year.

STATE LEGISLATURE

House hits brakes on Tennessee transportation funding bills

NASHVILLE (AP) — After months of debate, Wednesday was supposed to be the day that Gov. Bill Haslam's transportation funding proposal finally passed the starting line in the Legislature. Instead, lawmakers decided to hit the brakes and try again next week.

NATIONAL POLITICS

Trump expected to submit budget blueprint on March 13

WASHINGTON (AP) — Capitol Hill Republicans say the White House is planning to submit President Donald Trump's budget plan to Congress in mid-March.

NATIONAL/INTERNATIONAL BUSINESS

Stocks slip from record highs as energy companies sink

NEW YORK (AP) — U.S. stocks are mostly lower Wednesday after their recent record-setting run. Energy and industrial companies are slipping while basic materials makers are rising as investors hope two large deals will win approval from regulators. The Dow Jones industrial average is on track for its ninth straight gain.

Ahead of the Bell: US home sales

The National Association of Realtors reports on January sales of existing U.S. homes Wednesday at 10 a.m. Eastern. Economists forecast sales will tick up to a seasonally adjusted 5.55 million, up from 5.49 million in December.

HEALTH CARE

Health insurer Aetna to spend $3.3B buying back stock

Aetna will spend $3.3 billion to buy back more than 20 million shares of its stock after the health insurer's board authorized more repurchases last week.


MONDAY, FEBRUARY 20
STATE LEGISLATURE

Sen. Beavers shuts down office because of protesters

NASHVILLE – The sponsor of two bills aimed at the LGBT community left the Legislative Plaza in a huff today as protesters gathered around her office to object to her “retaliation” in the wake of a short-circuited press conference.

STATEWIDE

Middle Tennessee mayors voice support for local option tax

NASHVILLE (AP) — Five mayors from Middle Tennessee are speaking out in favor of allowing local governments to hold referendums on raising taxes to pay for transit projects.

Jill Biden to be named board chair of Save the Children

NASHVILLE (AP) — Jill Biden, educator and wife of former Vice President Joe Biden, is going to be named board chair of Save the Children.

TECHNOLOGY

UPS tests drones for regular deliveries in rural areas

UPS says its latest flying test shows the potential for using drones to make deliveries in rural areas.

NATIONAL/INTERNATIONAL BUSINESS

Naked drinks to tweak labels to make ingredients clearer

NEW YORK (AP) — PepsiCo will tweak the labels for some Naked juices and smoothies to make clearer what ingredients they contain.

United, American begin selling cheaper economy-class fare

DALLAS (AP) — American and United have started selling cheaper "basic economy" fares as they battle discount airlines for the most budget-conscious travelers.

Trump denounces 'horrible' threats against Jewish centers

WASHINGTON (AP) — President Donald Trump on Tuesday denounced recent threats against Jewish community centers as "horrible" and "painful." He said they are a "very sad reminder of the work that still must be done to root out hate and prejudice and evil."

Burger King, Tim Hortons parent to buy Popeyes for $1.8B

NEW YORK (AP) — Restaurant Brands International says it's buying Popeyes for $1.8 billion, bringing the fried chicken chain under the same corporate umbrella as Burger King and Tim Hortons.

Yahoo salvages Verizon deal with $350 million discount

NEW YORK (AP) — Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.

Macy's profit falls nearly 13 percent

NEW YORK (AP) — Macy's, the nation's largest department store chain, says its earnings for the quarter that includes the holiday period dropped nearly 13 percent as results were dragged down by store closures and other costs.

Community Health Systems posts 4Q loss

FRANKLIN (AP) — Community Health Systems Inc. on Monday reported a loss of $220 million in its fourth quarter.

Deal hunger sends food stocks higher; US indexes at records

NEW YORK (AP) — Stocks are breaking records again Tuesday as investors come back from a long weekend hungry for deals. While Kraft Heinz and Unilever couldn't complete a proposed $143 billion mega-merger, food and household goods makers are rising as investors think other deals are coming. Chicken chain Popeyes is jumping after it agreed to be bought by Restaurant Brands, which owns Burger King. Energy companies are also climbing.

STATE LEGISLATURE

Tennessee Capitol protests lead to call for more security

NASHVILLE (AP) — Protests around the state Capitol in Nashville have some Republicans calling for a crackdown on demonstrators and for resurrecting more stringent security requirements for entering the legislative office complex.

NATIONAL/INTERNATIONAL BUSINESS

AP Exclusive: Drugs vanish at some VA hospitals

WASHINGTON (AP) — Federal authorities are stepping up investigations at Department of Veterans Affairs medical centers due to a sharp increase in opioid theft, missing prescriptions or unauthorized drug use by VA employees since 2009, according to government data obtained by The Associated Press.

Eurozone tries to avoid another Greek crisis

BRUSSELS (AP) — The eurozone's 19 finance ministers will try to defuse the risk of another Greek crisis when they meet later in Brussels.

World stocks mostly rise as US remains shut for holiday

HONG KONG (AP) — Global stocks mostly rose Monday, though Wall Street remained shut for a holiday, as investors awaited key reports this week, including economic data, corporate earnings and minutes from the Federal Reserve's last meeting.

Uber to investigate sexual harassment claim by engineer

LONDON (AP) — Uber's chief executive ordered an urgent investigation Monday into a sexual harassment claim made by a female engineer who alleged her prospects at the company evaporated after she complained about advances from her boss.


FRIDAY, FEBRUARY 17

MUSIC INDUSTRY

Keith Urban leads Academy of Country Music nominations

NASHVILLE (AP) — Keith Urban's boundary-pushing album "Ripcord" has spawned several top country singles and led him to pick up seven nominations including entertainer of the year and album of the year at this year's Academy of Country Music Awards.

STATE LEGISLATURE

Lawmakers disagree with suggestion to cut business taxes

NASHVILLE (AP) — State lawmakers on Thursday disagreed with a Reagan-era economist who urged them to cut more business taxes instead of the sales tax on groceries to offset a gas tax hike aimed at funding a massive road-building package.

Tennessee GOP mulls Capitol complex security clamp-down

NASHVILLE (AP) — Tennessee Republican legislative leaders are suggesting stricter security to enter the Capitol complex after a few dozen protesters interrupted a news conference about transgender bathroom access.

2 Tennessee lawmakers flee bathroom bill event amid protest

The unveiling of legislation undercutting same-sex marriage and enforcing transgender bathroom rules turned into a short-circuited press conference and confrontation Wednesday.

STATEWIDE

Haslam names Rolfe as commissioner of economic development

NASHVILLE (AP) — Republican Gov. Bill Haslam has named Nashville businessman Bob Rolfe as the new commissioner of the Tennessee Department of Economic and Community Development.

COURTS

Perry March sues over quality of kosher prison food

NASHVILLE (AP) — A Tennessee inmate has filed a lawsuit claiming the food he has to eat in prison doesn't meet kosher standards.

REGION

Tennessee Valley Authority board elects Howorth as chairman

GATLINBURG (AP) — The nation's largest public utility has elected Richard Howorth as new board chairman.

AUTO INDUSTRY

Auto workers union preparing 'Buy American' ad campaign

DETROIT (AP) — The United Auto Workers union is preparing an ad campaign that urges consumers to buy U.S.-made cars and trucks as it tries to tap into President Donald Trump's efforts to rebuild the country's manufacturing sector.

HEALTH CARE

Aetna fattens shareholder payout after Humana deal fails

Aetna is doubling the quarterly dividend it pays shareholders and buying back stock as it regroups from its failed attempt to acquire rival health insurer Humana.

GOP lawmakers grope for consensus on remaking health law

WASHINGTON (AP) — Leading Republicans described some of their plans for remaking the nation's health care system to rank-and-file House members Thursday. Participants said conflict remained, and the details and timing of how the GOP will deliver on its long-promised replacement of President Barack Obama's law went unanswered.

NATIONAL/INTERNATIONAL BUSINESS

Stocks inch to new records; S&P 500 up 4 straight weeks

NEW YORK (AP) — Stock indexes inched ahead to record highs Friday, barely, after a late-afternoon push erased losses from earlier in the day. It caps the fourth straight week of gains for the Standard & Poor's 500 index, its longest such streak since July.

Fannie Mae to pay Treasury $5.5 billion after profit doubles

NEW YORK (AP) — Fannie Mae will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter.

AP Source: Trump to choose Acosta to lead Labor

WASHINGTON (AP) — President Donald Trump moved to fill vacancies in his new administration on Thursday, selecting a Florida law school dean and former Justice Department attorney to lead the Labor Department.

Chicago-area businesses close on 'Day Without Immigrants'

CHICAGO (AP) — Businesses throughout the Chicago area closing their doors or allowing employees to stay home in solidarity with "A Day Without Immigrants" actions planned nationwide.

Freddie Mac to pay Treasury $4.5B after profit doubles

NEW YORK (AP) — Freddie Mac will pay the U.S. Treasury a dividend of $4.5 billion next month after its profit more than doubled in the last quarter.

NATIONAL POLITICS

Trump's Boeing speech shows differences with Obama

WASHINGTON (AP) — Presidents since Franklin Delano Roosevelt have loved to tour Boeing factories. The lessons they draw from their time on the factory floor — and the inevitable photo opportunity beside shiny new airplanes — can differ wildly.

AP FACT CHECK: Misplaced blame for nomination failure

WASHINGTON (AP) — The abrupt withdrawal of the nomination of President Donald Trump's pick for labor secretary brought swift blame from press secretary Sean Spicer, who said Democrats had "a double standard" for his party's president and former President Barack Obama.