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VOL. 38 | NO. 38 | Friday, September 19, 2014

The road to better mass transit: New MTA CEO says Amp will be success only if part of larger system

Picking a new transit chief is critical for a city in transition.

STREET LEVEL

Singing Mechanic’s life much like the songs he sings

The Singing Mechanic – “I’ve got that name. Nobody else can use it,” says Billy Devereaux – sits by his worn, 1,200-square-foot, two-room cottage and looks down at Boots, his Dutch Shepherd.

REALTY CHECK

Offer too much that dream house? Let the inspector bail you out

While real estate rambles along on its record-setting pace, there are bumps all over the road leading to culmination of the transactions.

Local Weather
Today
Nashville, TN
63°F
Fair
Wind: 3 mph
Humidity: 63%

EVENTS

Courtyard Concerts. Food truck fare and free lunchtime music featuring Mandy Barnett singing pop and country music. She played Patsy Cline in a Ryman production. Downtown Library, 615 Church St. The 2014 Courtyard Concerts series, now in its 11th year. Concerts will run every Tuesday, 11:45 a.m.-1 p.m., through Oct. 7. Performances are informal and unseated, so guests can bring lunch and drop in to hear music in the Robinson Courtyard, located on the Library’s second floor. Additional concerts include:

more events »

REAL ESTATE

Middle Tennessee Real Estate trends for August 2014

July 2014 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.

Top Davidson County lenders for August 2014

A look at Davidson County’s top lenders based on total number of all loans, commercial and residential.

TENNESSEE TITANS

So which Titans team will show up at Cincinnati?

You only get one chance to make a first impression, as the old saying goes.

UT SPORTS

Prep coaches, players sold on Jones the recruiter

Nothing surprises Murfreesboro Blackman High School football coach Philip Shadowens when it comes to college recruiting.

Vol commitments for 2015, 2016 classes

Tennessee football commitments for 2015 and 2016

NEWSMAKERS

Finalists are announced for entrepreneur awards

The Nashville Area Chamber of Commerce and the Nashville Entrepreneur Center have announced the finalists for the fourth annual NEXT Awards. These awards recognize excellence in business and entrepreneurship in Middle Tennessee.

GUERRILLA MARKETING

Five negotiation mistakes you’ll want to avoid

More than 75 percent of the sales reps I’ve coached through the years cite price as their No. 1 objection. Given the state of our economy for the last several years, it’s no wonder.

THE WORLDLY INVESTOR

Government for the prosperity of the people

The reporting out of the U.S. on China is uniformly downbeat. By applying our western perspectives, China appears inhumane, politically oppressive, over-indebted and fragile.

CAREER CORNER

Right fit more important than accepting first offer

The title of my column today may sound a bit confusing. It comes from one of my own mentors. Years ago, when I was finishing graduate school, I spent a significant amount of time searching for the right job.

I SWEAR

Child’s legacy lives on with $2M in scholarships

THEA crops up in crosswords occasionally. In an easy puzzle, it’ll be clued as “Ellington’s ‘Take ___ Train’.” Or “Mr. T’s ‘___ Team’.”

KAY'S COOKING CORNER

Try twice-baked potato salad at your next tailgate

Not long ago, we were eating dinner with our daughter Betsy and her family. Betsy, who’s a super cook, had made twice-baked potato salad, and it was so delicious.

NASHVILLE AREA

Mayor appoints Tennessean's Cass communications advisor

NASHVILLE – Mayor Karl Dean today announced that he has appointed veteran reporter Michael Cass as Communications Advisor/Speechwriter in his office, where his responsibilities will include preparing and writing speeches. Cass has worked for 19 years as a reporter, including at The Tennessean since 1999 with the last nine years covering Metro government and politics. He will assume the post starting Oct. 20.

Nashville mayor creates office to help immigrants

NASHVILLE, Tenn. (AP) — Nashville Mayor Karl Dean is creating a new office that is dedicated to offering aid to the city's booming immigrant population.

STATEWIDE

Transportation grants to help local communities

NASHVILLE (AP) — The Tennessee Department of Transportation is providing grants to help local communities with transportation projects and planning.

Martineau to lead Environmental Counsel of States

NASHVILLE (AP) – The Environmental Council of the States has elected Tennessee's Bob Martineau as its new president.

Pilot founder Jim Haslam in traffic accident

KNOXVILLE (AP) — Pilot Flying J founder Jim Haslam, the father of Tennessee Gov. Bill Haslam and Cleveland Browns owner Jimmy Haslam, has been involved in a three-car traffic accident in Knoxville.

Fewer Tennessee teenagers engage in binge drinking

NASHVILLE (AP) — Tennessee officials say fewer teenagers and pre-teens in the state are binge drinking.

TECHNOLOGY

Messaging app seeks to bring voices back to phones

SAN FRANCISCO (AP) — Longtime technology guru Ray Ozzie wants to bring back the emotions of the human voice to phones.

AUTO INDUSTRY

Cadillac to ditch Detroit for trendy NYC address

DETROIT (AP) — Cadillac wants a jolt from the city that never sleeps.

NATIONAL BUSINESS

Coke, Pepsi pledge to reduce calorie consumption

NEW YORK (AP) — Coke, Pepsi and Dr Pepper say they'll work to reduce the calories Americans get from beverages by 20 percent over the next decade by more aggressively marketing smaller sizes, bottled water and diet drinks.

Europe, Syria drag on global stock markets

NEW YORK (AP) — Grim economic news from Europe and airstrikes in Syria rattled global stocks Tuesday.

Businesses and investors pressing for green policy

NEW YORK (AP) — Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary people to pollute.

P&G selling rest of pet care business to Spectrum

NEW YORK (AP) — The Procter & Gamble Co. is selling its Iams and Eukanuba brands in Europe to Spectrum Brands, shedding the remaining parts of its pet care business.

Deutsche Bank co-CEO, 4 others face charges

FRANKFURT, Germany (AP) — Prosecutors in Germany have brought charges against Deutsche Bank co-CEO Juergen Fitschen and two former CEOs in connection with what prosecutors say were misleading statements in a court case.

NATIONAL POLITICS

Limits on overseas mergers prompt renewed debate

WASHINGTON (AP) — The Obama administration's decision to curb the ability of U.S. corporations to skirt taxes by merging with foreign companies kicked off an immediate election-season debate over when and how to tackle the nation's complex corporate tax code.


MONDAY, SEPTEMBER 22
NASHVILLE AREA

Former Haslam aide Ali joins Nashville law firm

NASHVILLE (AP) - A former member of Gov. Bill Haslam's administration vilified by tea party groups for having once worked in the area of Shariah compliant finance is joining Bone McAllester Norton to work on international law and diplomacy issues.

TECHNOLOGY

Investors fret Yahoo's future, stock dips

SAN FRANCISCO (AP) — Yahoo's stock fell Monday as investors grappled with uncertainty about the Internet company's future in the wake of last week's record-setting Wall Street debut by the Chinese e-commerce giant Alibaba.

Apple: 10 million iPhone 6 and 6 Plus sold

NEW YORK (AP) — Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.

AUTO INDUSTRY

GM expert says 21 deaths eligible for compensation

DETROIT (AP) — The death toll from crashes involving General Motors small cars with faulty ignition switches is at least 21.

NATIONAL BUSINESS

US existing home sales fall in August

WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.

US stocks fall as China weighs on markets

NEW YORK (AP) — Worries about growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks.

Protesters stage Wall Street climate crisis sit-in

NEW YORK (AP) — Hundreds of activists protesting what they say is Wall Street's role in the climate crisis have gathered in lower Manhattan's financial district.

Tesco suspends execs over inflated profit report

LONDON (AP) — Tesco, Britain's largest retailer by revenue, has suspended four executives and launched an accounting investigation after admitting that its half-year profit was overstated by 250 million pounds ($407 million).


FRIDAY, SEPTEMBER 19
STATEWIDE

Haslam keeps door open to pre-K; Ramsey skeptical

NASHVILLE (AP) - While Gov. Bill Haslam is keeping the door open to an expansion of the public pre-kindergarten program in Tennessee, any such move would remain a tough sell among some fellow Republicans in the Legislature.

Alexander, Corker honored by business association

NASHVILLE (AP) — U.S. Sens. Lamar Alexander and Bob Corker are being honored by the nation's leading small business association.

Summit focuses on education changes in Tennessee

NASHVILLE (AP) - After holding a state education summit, Gov. Bill Haslam said Thursday he plans to hold more discussions about education changes in Tennessee, particularly on the Common Core standards.

MUSIC INDUSTRY

50-year Opry member George Hamilton IV dies

NASHVILLE (AP) — Grand Ole Opry Member George Hamilton IV, who was one of country music's first international ambassadors, has died. He was 77.

COURTS

State Supreme Court rules on surrogacy case

NASHVILLE (AP) - A juvenile judge was wrong to terminate the parental rights of a surrogate mother before her baby was born, the Tennessee Supreme Court has ruled.

New chief justice echoes Haslam mantra on review

NASHVILLE (AP) - First, the state Supreme Court hired Gov. Bill Haslam's top legal adviser as Tennessee's next attorney general. Now the high court's new chief justice is also adopting the Republican governor's rhetoric.

HEALTH CARE

Health law enrollment now 7.3M

WASHINGTON (AP) — The Obama administration says 7.3 million people have signed up for subsidized private health insurance under the health care law — down from 8 million reported earlier this year.

AUTO INDUSTRY

GM to introduce new, high-end Cadillac next year

DETROIT (AP) — General Motors will begin building a new, top-end Cadillac sedan late next year at its Detroit-Hamtramck assembly plant.

NATIONAL BUSINESS

Stock indexes end mixed after Alibaba debuts

NEW YORK (AP) — U.S. stock indexes are ending mixed on a day when the Chinese e-commerce giant Alibaba made its big debut in the market.

Alibaba stock soars in jubilant trading debut

NEW YORK (AP) — Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning Chinese middle class.

Procter & Gamble cancels on-field NFL promotion

NEW YORK (AP) — Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.

Gauge of US economy edges up 0.2 percent in August

WASHINGTON (AP) — A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July.

Pabst Brewing to be sold to Russian company

NEW YORK (AP) — The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.

R.J. Reynolds Tobacco Co. names new president

WINSTON-SALEM, N.C. (AP) — Camel and Pall Mall cigarette maker R.J. Reynolds Tobacco Co. is tapping the head of PepsiCo North America's nutrition division as its new president and chief commercial officer.

Brighter economy driving up holiday hiring plans

NEW YORK (AP) — UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.

Stock gains lift US household wealth to a record

WASHINGTON (AP) — Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0