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VOL. 38 | NO. 51 | Friday, December 19, 2014

More veterans calling Middle Tennessee home

Economy, jobs, access to Ft. Campbell place Nashville area in top 10

When Scott Ledermann, a military health care recruiter in Nashville, retired from the Army in October, it didn’t take him long to land a job with a local company.

Clarksville, Ft. Campbell still big draw for veterans

Clarksville has become one of the nation’s boom towns, thanks largely to retirees from military service.

IN THE WEEDS

Immigrants find room to grow in Nashville's public gardens

With the growing season wrapped up for winter and the temperature hovering at 45 degrees on a recent Sunday, the community garden off Wedgewood Avenue looked to be draped in a brown afghan with just a few patches of green peeking through.

Local Weather
Today
Nashville, TN
51°F
Mostly Cloudy
Wind: 0 mph
Humidity: 59%

EVENTS

Night Market December. Explore the market under night lights and explore the offerings of restaurants, farmers, artisans, crafters and horticulturists. Friday, 5 p.m., Nashville Farmers’ Market, 900 8th Avenue North, Nashville. Information: nashvillefarmersmarket.org.

more events »

REALTY CHECK

Appraisals, inspections getting more complex

As if things were not crazy enough in Nashville real estate – with inspectors now writing 50-page reports with scores of photographs, underwriters overwriting and overriding, new disclosures and disclaimers proliferating the transaction – appraisers are requiring more and more documentation.

REAL ESTATE

Top November 2014 residential real estate transactions

Top November 2014 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

Average US 30-year loan rate falls to 3.80 percent

WASHINGTON (AP) — Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year.

UT SPORTS

Freshman Barnett faces nation’s best in Iowa’s Scherff

KNOXVILLE – Derek Barnett is spending most of the Christmas holidays away from his Nashville home, and he wouldn’t have it any other way.

TENNESSEE TITANS

Jake Locker: Nice guy who deserved better

Jake Locker’s time with the Tennessee Titans has quietly come to an end. Sure, he’s officially a Titan until March, but Sunday’s shoulder injury vs. the Jets – and his upcoming surgery – ends a star-crossed four-year run.

NEWSMAKERS

INSBANK’s Gupton returns as senior VP, COO

Green Hills-based INSBANK has named Scott Gupton as its senior vice president and chief operating officer. Gupton, who has nearly two decades of banking experience, will oversee INSBANK’s operations, marketing, human resources, information technology and corporate and regulatory reporting.

BEHIND THE WHEEL

New Legacy retains low price, best fuel economy

Redesigned for 2015, the Subaru Legacy is a sensible and more refined family sedan that has the best fuel economy for the lowest starting retail price among America’s all-wheel drive sedans.

BUSINESS BOOK REVIEW

31 viewpoints on how we spend our money

That thing in the store … it was perfect. It was just the right size and color, a good fit, a decent price.

GUERRILLA MARKETING

Ad retargeting works, might spoil holiday surprise

When you shop Amazon for a product and then see that same product in a Facebook ad days later, it is certainly not a coincidence.

THE WORLDLY INVESTOR

Fear drives US stocks higher

In 2014, more than 600 hedge funds have disbanded. Even accounting for the carnage of 2009, this amounts to a record pace of “smart money” failures.

CAREER CORNER

Hit holiday parties for latest job opportunities

December is my favorite time of year for networking. Sounds a little crazy, right?

I SWEAR

Davidson alums flock to watch favorite star shine

CHARLOTTE, N.C. – Friday night after Thanksgiving. Stephen Curry’s at the charity stripe. Swish! Golden State 18, Charlotte 10.

KAY'S COOKING CORNER

Cooking with special-needs children requires planning

I received an email not long ago talking about teaching cooking skills to children with special needs. It was written by Beverly Palomba, a teacher for pre-K through high school for more than 20 years.

STATE LEGISLATURE

GOP leader announces he'll undergo cancer treatment

NASHVILLE (AP) - A GOP leader in the state Senate says he has been diagnosed with cancer and plans to undergo treatment.

STATEWIDE

TDOT offers live streaming of traffic conditions

NASHVILLE (AP) — The Tennessee Department of Transportation has launched live streaming of traffic conditions in the state's four largest cities on its web and mobile app.

Haslam names Boyd to head economic development

NASHVILLE (AP) — Gov. Bill Haslam has named former higher education adviser Randy Boyd to become his new commissioner of economic development.

NASHVILLE AREA

State Rep. Brenda Gilmore gets environmental award

NASHVILLE (AP) — State Rep. Brenda Gilmore is being recognized nationally for her environmental efforts in schools.

COURTS

Supreme Court hears arguments in execution case

NASHVILLE (AP) - The Tennessee Supreme Court questioned why the attorneys for 10 death row inmates would need to know the names of the people who carry out Tennessee's executions.

TECHNOLOGY

T-Mobile paying up to $90M in refunds for unwanted services

WASHINGTON (AP) — T-Mobile US will issue up to $90 million in refunds for billing customers for cellphone text services they didn't order, under a settlement with federal regulators.

Poll: Americans skeptical of commercial drones

WASHINGTON (AP) — Americans are skeptical that the benefits of the heralded drone revolution will outweigh the risks to privacy and safety, although a majority approve of using small, unmanned aircraft for dangerous jobs or in remote areas, according to a new Associated Press-GfK poll.

Hack attack spurs call for more NKorea sanctions

WASHINGTON (AP) — Suspicions that North Korea was behind a destructive hacking attack against Sony Pictures and a threat against movie theaters are intensifying calls for tougher U.S. steps to cut that country's access to hard currency and declare it once more as a state sponsor of terrorism.

Digital dilemma: How will US respond to Sony hack?

WASHINGTON (AP) — The detective work blaming North Korea for the Sony hacker break-in appears so far to be largely circumstantial, The Associated Press has learned. The dramatic conclusion of a Korean role is based on subtle clues in the hacking tools left behind and the involvement of at least one computer in Bolivia previously traced to other attacks blamed on the North Koreans.

AUTO INDUSTRY

US says traffic deaths fell about 3 pct in 2013

DETROIT (AP) — The number of traffic deaths nationwide dropped just over 3 percent last year, and the rate of deaths per 100 million miles traveled tied a record low, according to government statistics.

Chrysler to recall about 288K Ram pickup trucks

DETROIT (AP) — Chrysler is recalling about 288,000 older Ram pickup trucks in North America and elsewhere because the rear axle can seize or the drive shaft can fall off.

NATIONAL/INTERNATIONAL BUSINESS

Sponsors pay big bucks to join college bowl games

SAN FRANCISCO (AP) — Ready! Set! Hut, hut: This holiday season's blitz of college football bowl games will feature a reshuffled roster of corporate sponsors spending millions to thrust their names in front of fans watching on TV and in the stands.

US stocks close slightly higher after a big two-day rally

NEW YORK (AP) — U.S. stocks are edging higher as the market comes off a massive two-day rally.

Constantly changing online prices stump shoppers

NEW YORK (AP) — Online shopping has become as volatile as stock market trading. Wild, minute-by-minute price swings on everything from clothes to TVs have made it difficult for holiday shoppers to "buy low."

NATIONAL POLITICS

Obama: No quick end to embargo on Cuba

WASHINGTON (AP) — President Barack Obama praised the reopening of diplomatic relations with Cuba on Friday but said he doesn't expect it to bring overnight change on the island, a quick end to the U.S. economic embargo or the likelihood that he will soon visit the communist nation.

Jeb Bush to step down from Barclays

WASHINGTON (AP) — Taking another step toward a presidential run, Jeb Bush is resigning his advisory role with British banking giant Barclays.

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