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VOL. 39 | NO. 42 | Friday, October 16, 2015

Why are Tennessee’s ACA rate hikes among nation’s largest?

Officials: We're less healthy, use more services than other states

Can you imagine your car payment going up by 44 percent next year? Or that the cost of your cable was going up another 36 percent per month?

Alternative policies still available at premium prices

As owners of East Nashville’s popular Art & Invention Gallery, Meg and Bret MacFadyen are part of the city’s growing population of creatives, a group that includes entrepreneurs, artists, musicians, writers and all sorts of contractors.

Obamacare: What to do, when and how to sign up

Open enrollment in the Affordable Care Act is just around the corner, but there’s still plenty of time to do your research, find your best health insurance options and then secure coverage for 2016.

VIEW FROM THE HILL

Posturing against Supreme Court ruling a waste of taxpayer money

Legislation rejecting the U.S. Supreme Court’s same-sex marriage ruling faces major constitutional questions and, if passed, could put a financial burden on Tennessee taxpayers.

Local Weather
Currently
Nashville, TN
65.0°F
Overcast
Wind: South at 4.6 mph
Humidity: 73%

EVENTS

Refuge Center for Counseling 10th Anniversary Celebration, Fundraising Dinner. The local nonprofit, which offers affordable counseling services to those in need, will hold the event at Jamison Hall at The Factory at Franklin, today,  6-9 p.m., and present its Hope Award to Al Andrews, founder and director of Porter’s Call. All proceeds will directly benefit the clients and programs of The Refuge Center for Counseling. Information: therefugecenter.org/events.

more events »

STREET LEVEL

Idle Hour abides as Music Row 'progress' marches on

Mark Twain holds out cash as sprightly bar mistress Gena Brown (aka “Miss Flat Rock”) puts another longneck into his beer cozy.

REALTY CHECK

Think Middle Tennessee's real estate is pricey? Try London

Just when Nashville starts buying into its “Itness,” Niall McCarthy of Statista sends an e-mail to Music Row mogul Rick Sanjek with some staggering data.

REAL ESTATE

Middle Tennessee real estate trends for September 2015

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

Middle Tennessee real estate trends for third quarter 2015

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

TENNESSEE TITANS

Better Titans doing nothing for Whisenhunt’s record

The whispers are already out there. How much job security does Ken Whisenhunt really have with the Tennessee Titans?

UT SPORTS

Here’s how Vols grade going into second half

Order has been restored in Vol Nation, at least for now.

NEWSMAKERS

Halper to lead Cole Law entertainment practice

Wayne R. Halper, a music industry veteran and member of the Nashville recording and arts community, has joined Cole Law Group as senior attorney and head of the firm’s Entertainment Law Practice Group.

BEHIND THE WHEEL

Mazda Miata eschews cute for upscale styling

The two-seat Mazda MX-5 Miata isn’t cute anymore. Instead, the best-selling roadster in the world is arriving in U.S. showrooms with a sleek, upscale look that many will compare to the BMW Z4.

GUERRILLA MARKETING

Nature vs. nurture: What’s more important in sales

Is greatness born, or is it made? While sales skills can be taught, the learning curve is shorter for candidates with two key character traits: empathy and drive.

CAREER CORNER

Finding perfect job with short search unlikely

If you’ve ever worked for a large corporation, you’re probably familiar with the phrase, “You can only pick two: good, fast or cheap.”

THE WORLDLY INVESTOR

A September to forget is perfect cap to 3rd quarter

September typically delivers negative performance, and this September was no exception. September’s poor performance punctuated a dismal third quarter. Using MSCI stock indices, the USA, Europe and the emerging markets fell 7 percent, 9 percent and 18 percent respectively. Feeling down? You are not alone…

I SWEAR

Converted courtroom creates problem for guests

TAMPA – “Inspiring architecture complements the warm palette and modern touches of the new Le Meridien Tampa.” Thus begins an online promo for the building I am sitting in – a century-old federal court building that’s been transformed into an unusual boutique hotel.

KAY'S COOKING CORNER

Smells, tastes of autumn will be gone all too soon

Oranges, golds, burgundy reds, rich browns and bright yellows – that is what comes to my mind when I think of autumn.

MIDSTATE

Amazon center in Lebanon hiring more than 2,000 for holidays

LEBANON (AP) — Amazon's fulfillment center in Lebanon is hiring more than 2,000 seasonal workers.

STATEWIDE

Panel mulls role of utilities offering broadband in Tennessee

NASHVILLE (AP) - A lobbyist for the state's cable industry on Wednesday declared all government-owned broadband services in Tennessee to be a failure.

AUTO INDUSTRY

VW says newer motor may also have had trick software

BERLIN (AP) — German automaker Volkswagen said Thursday that the U.S. cars identified as having been fitted with software to cheat on emissions tests include some vehicles with a newer diesel engine.

UAW approves new contract with Fiat Chrysler

DETROIT (AP) — The United Auto Workers union has approved a new four-year contract with Fiat Chrysler.

Ex-Porsche CEO, CFO on trial for alleged market manipulation

BERLIN (AP) — The former CEO and CFO of Porsche have gone on trial in Stuttgart on market manipulation charges related to the sports car maker's failed attempt to take over Volkswagen AG in 2009.

REAL ESTATE

US home sales rebound in September after August slump

WASHINGTON (AP) — Americans snapped up more homes in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil.

NATIONAL/INTERNATIONAL BUSINESS

Applications for US weekly jobless benefits rose last week

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose slightly last week but the four-week average declined to the lowest level in more than four decades, another sign the job market is healthy.

Strong company earnings send stock indexes higher

Encouraging earnings from McDonald's, eBay and other companies sent U.S. stocks higher in midday trading Thursday. The market also got a lift from a rally in European stocks after the head of the European Central Bank said the bank will consider expanding its stimulus program in December. Industrials stocks were among the biggest gainers.

McDonald's sales in US edge up for first time in 2 years

NEW YORK (AP) — McDonald's sales edged up at established U.S. locations during the third quarter, snapping a streak of about two years of quarterly declines.

Caterpillar meets 3Q profit forecasts

PEORIA, Ill. (AP) — Caterpillar Inc. (CAT) on Thursday reported third-quarter net income of $368 million.

NATIONAL POLITICS

White House presses Congress to act on Puerto Rico

WASHINGTON (AP) — The Obama administration on Thursday will take a blueprint for the economic rescue of Puerto Rico before a Republican controlled Congress dedicated to driving down government spending.


WEDNESDAY, OCTOBER 21
COURTS

Hooker asks Tennessee high court to take up aid-in-dying case

NASHVILLE (AP) - A former Democratic gubernatorial nominee who is terminally ill is asking the Tennessee Supreme Court to take up the question of whether he has a constitutional right to die with the aid of a doctor.

STATEWIDE

Panel to evaluate municipal broadband rules in Tennessee

NASHVILLE (AP) — An advisory panel is scheduled to hold hearings Wednesday on broadband access in Tennessee.

Audit finds financial mismanagement in prison food program

NASHVILLE (AP) - State auditors say financial mismanagement has put the future of a Tennessee prison food program in jeopardy.

AUTO INDUSTRY

Italian craftsmanship meets Wall Street, Ferrari goes public

Ferrari roared onto the New York Stock Exchange Wednesday and its shares, trading under the ticker symbol RACE, jumped sharply in their public debut.

VW halts sales in EU of diesels with scandal-hit engine

BERLIN (AP) — Volkswagen has stopped sales in the 28-country European Union of the remaining new cars that contain the diesel engine fitted with the software that was used to cheat on U.S. emissions tests.

Toyota recalls 6.5 million vehicles for window switch defect

TOKYO (AP) — Toyota Motor Corp. is recalling 6.5 million vehicles worldwide for a defective power window switch that can overheat, melt and lead to fires.

GM overcomes huge recall costs to post healthy 3Q profit

DETROIT (AP) — General Motors' third-quarter profit fell slightly, but the company rode strong North American sales to overcome $1.5 billion in costs from its deadly ignition switch recall. Its shares rose almost 6 percent in midday trading Wednesday.

NATIONAL/INTERNATIONAL BUSINESS

An early rally fades, leaving stocks modestly lower

U.S. stocks closed lower on Wednesday after a late-afternoon slide erased modest gains made earlier in the day.

UPS to return $4M to 14 states to settle pricing allegations

ALBANY, N.Y. (AP) — New York state and some of its local governments will receive $1.2 million from UPS Inc. as part of a settlement with the shipping company following allegations it overcharged government customers in 14 states.

NATIONAL POLITICS

Clinton questions plans for health insurers to merge

WASHINGTON (AP) — Hillary Rodham Clinton warned Wednesday that two major health insurers preparing multibillion dollar acquisitions could tip "the balance of power" too far away from consumers.

Congress proposes giveaways to auto, trucking industries

WASHINGTON (AP) — Despite record auto recalls and rising highway deaths, Congress is ignoring changes sought by safety advocates and proposing giveaways to the auto and trucking industries that the Obama administration and others say could make matters worse.


TUESDAY, OCTOBER 20
COURTS

Tennessee Supreme Court vacates trial court ruling on damage caps

NASHVILLE (AP) - The Tennessee Supreme Court has vacated a Hamilton County trial court's ruling that a state law capping certain personal injury damages is unconstitutional.

STATE LEGISLATURE

Tennessee lawmakers urged to keep asset forfeiture law intact

NASHVILLE (AP) — Law enforcement officials on Monday urged Tennessee lawmakers not to join other states in dialing back police powers to seize cash and vehicles without first gaining criminal convictions.

NASHVILLE AREA

Metro councilman's bill upsets vendors of homeless paper

NASHVILLE (AP) - Vendors of a Nashville newspaper that benefits the homeless are upset over a proposal that they say would destroy sales.

Nashville School of Law bar passage rate plummets

NASHVILLE (AP) — Nashville School of Law administrators say they are surprised by news that just 28 percent of the school's law students who took the Tennessee bar exam this summer passed.

MIDSTATE

Holocaust conference being held this week in Murfreesboro

MURFREESBORO (AP) — Middle Tennessee State University says scholars from around the world are expected this week for the 12th biennial Holocaust Studies Conference at the university in Murfreesboro.

STATEWIDE

FedEx pilots vote to ratify new labor contract

MEMPHIS (AP) — Pilots for FedEx Corp. have voted to approve a six-year contract that includes pay raises, according to their union.

AUTO INDUSTRY

Haslam raises hopes for new Volkswagen HQ, then backs off

NASHVILLE (AP) — Tennessee Gov. Bill Haslam on Tuesday raised the prospect of Volkswagen locating its new North American headquarters in the state, only to try to walk back those comments later in the day.

GM says Chevy Bolt electric range could be over 200 miles

WARREN, Mich. (AP) — General Motors' entry into the long-range electric vehicle market should be able to go more than 200 miles on a single charge, company officials said Tuesday.

Lexus is top brand in Consumer Reports' reliability survey

DETROIT (AP) — Elaborate new transmissions are helping automakers meet rising fuel economy standards, but they're also requiring more trips to the repair shop.

Eyeing major settlement, US states move quickly in VW case

WASHINGTON (AP) — With billions of dollars at stake in restitution and penalties, U.S. states are moving quickly to try to hold Volkswagen accountable for its emissions-cheating scandal.

Ferrari for sale: Legendary brand races toward share listing

MILAN (AP) — Ferrari is racing toward a public share offering this week, making it possible for investors to buy a piece of the legendary maker of luxury sports cars and Formula One racing machines.

TECHNOLOGY

How to spot a fake online review

Do you trust online reviews? Now that Amazon is suing more than 1,000 people who allegedly offered to write glowing product reviews for cash, you might reasonably be concerned.

REAL ESTATE

Apartments drive home construction gains in September

WASHINGTON (AP) — Construction companies built more apartment complexes in September, sparking a temporary rise in housing starts for a real estate market that otherwise appears to have crested during the summer.

NATIONAL/INTERNATIONAL BUSINESS

Why optimism about the US economy's strength has dimmed

WASHINGTON (AP) — Consumers, fueled by job growth, cheaper gas and higher home values, would drive the U.S. economy through a global slump.

Stocks edge lower; IBM's woes weigh on the Dow average

U.S. stocks snapped a three-day winning streak Tuesday as weak company earnings and outlooks weighed on the market.

Amazon boosts holiday hiring, signaling shift in retail jobs

NEW YORK (AP) — Amazon plans to hire 100,000 people for the holidays, a 25 percent jump from last year that reveals a shift in the way we shop.

Skeptics suggest China's slump deeper than acknowledged

BEIJING (AP) — China's official data show economic growth slowing but skeptics say the downturn is much deeper than Beijing admits.

NATIONAL POLITICS

Conservatives claim momentum to oust House GOP incumbents

WASHINGTON (AP) — Badly outspent and targeted by a withering Chamber of Commerce television ad, Woody White lost the Republican primary for an open House seat from North Carolina last year. Yet with anti-establishment Republicans riding high in the presidential race and Congress these days, the tea party-backed lawyer senses a better environment should he force a 2016 rematch with his GOP rival.


MONDAY, OCTOBER 19
STATEWIDE

Haslam: Outsourcing touted to show fiscal responsibility

NASHVILLE (AP) - Tennessee Gov. Bill Haslam said Monday that when he touted outsourcing management of state facilities in recent presentations to New York bond-rating agencies, he was showing the state is being fiscally responsible.

Haslam raises questions about 'religious doctrine' bill

NASHVILLE (AP) — Gov. Bill Haslam is raising questions about a legislative proposal to ban Tennessee schools from teaching about "religious doctrine" before the 10th grade, saying it could have unexpected consequences.

AUTO INDUSTRY

Lawsuits could force VW to buy back cheating diesels

DETROIT (AP) — Volkswagen almost inevitably will have to compensate owners of diesel cars equipped with emissions-rigging software. Some legal experts say the automaker could be forced to buy back the cars altogether.

HEALTH CARE

Bigger bite for health law penalty on uninsured

WASHINGTON (AP) — The math is harsh: The federal penalty for having no health insurance is set to jump to $695, and the Obama administration is being urged to highlight that cold fact to help drive its new pitch for health law sign-ups.

TECHNOLOGY

Crackdown: Amazon sues to stop phony product reviews

NEW YORK (AP) — Amazon is stepping up its fight against bogus product reviews on its site, suing more than 1,000 people for allegedly offering to post glowing write-ups for as little as $5 apiece.

Drone close calls spur government to require registration

WASHINGTON (AP) — The federal government will require many drone aircraft to be registered, a move prompted by the growing number of reported close calls and incidents that pose safety risks, officials announced Monday.

REAL ESTATE

US homebuilder sentiment improves in October

U.S. homebuilders are feeling more optimistic about the housing market, lifting their confidence this month to the highest level in 10 years.

NATIONAL/INTERNATIONAL BUSINESS

US stocks eke out tiny gains after a sluggish day

Stocks are closing with tiny gains after spending most of the day in the red.

China's economic growth declines to 6-year low

BEIJING (AP) — China's economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert a deeper downturn.

Oprah Winfrey goes on diet, gains Weight Watchers deal

NEW YORK (AP) — Oprah Winfrey is going on a diet again, but this time she stands to gain a lot of money from her efforts.


FRIDAY, OCTOBER 16
COURTS

Sportscaster Andrews seeking $75M judgment in peeping case

NASHVILLE (AP) - Sportscaster and TV host Erin Andrews is seeking a $75 million judgment against the Marriott hotel chain and a man who admitted making secret nude tapes of her in 2008.

MUSIC INDUSTRY

Willie Nelson cancels, reschedules shows due to illness

NASHVILLE (AP) - Country star Willie Nelson has rescheduled two shows and canceled another due to an unspecified health issue.

STATEWIDE

Haslam defends recommendation for advisers to avoid email

NASHVILLE (AP) - Gov. Bill Haslam is defending a practice among his outsourcing advisers to avoid email correspondence to prevent information getting out to the public.

Chattanooga offering 10-gigabit Internet service

CHATTANOOGA (AP) — Chattanooga has launched Internet service at 10 gigabits per second through its municipal broadband network.

Jeb Bush organizes 57-person slate of delegates in Tennessee

NASHVILLE (AP) — Jeb Bush's presidential campaign has announced that it is the first to organize a full slate of Tennessee delegates to represent the former Florida governor at the Republican National Convention.

Tennessee residents urged to practice safe debris burning

NASHVILLE (AP) — The Tennessee Department of Agriculture Division of Forestry is urging residents to practice safe debris burning.

Tennessee's September unemployment rate was 5.7 percent

NASHVILLE (AP) - State officials say Tennessee's unemployment rate for September remained at 5.7 percent for the fourth consecutive month.

STATE LEGISLATURE

Tennessee lawmaker considering bill to allow faculty to be armed

NASHVILLE (AP) - A Republican state lawmaker says he might offer legislation authorizing faculty and employees at Tennessee's public higher education institutions to carry firearms and have "the best chance possible to defend themselves" if there's a campus shooting.

HEALTH CARE

Is Obama's health overhaul losing steam?

WASHINGTON (AP) — The health care law's historic gains in coverage may be leveling off: The Obama administration announced Thursday it expects only a slight overall increase in enrollment next year.

Report: Number of Tennesseans without health insurance drops

NASHVILLE (AP) - The estimated number of Tennesseans without health insurance has dropped again, according to a recent annual report by the University of Tennessee Center for Business and Economic Research.

AUTO INDUSTRY

Companies make big electric vehicle promises in California

LOS ANGELES (AP) — Corporate and government leaders gathered Thursday in Los Angeles to announce that hundreds more electric vehicles will be coming to California roads — and they'll have hundreds more places to charge up.

VW hires anti-corruption exec as it deals with scandal

FRANKFURT, Germany (AP) — Volkswagen is hiring a top anti-corruption manager from competitor Daimler as it struggles to clean up a scandal over cheating on U.S. diesel emissions tests.

German order triggers recall of 8.5M VW cars in Europe

BERLIN (AP) — German authorities on Thursday ordered a recall of all Volkswagen cars fitted with emissions test-cheating software, a decision that will affect 8.5 million VW diesel vehicles across the 28-nation European Union.

EPA: Proposed fix for some diesel Volkswagens expected soon

WASHINGTON (AP) — U.S. regulators say they expect to receive a proposed fix later this week for some diesel Volkswagens caught up in the German automaker's emissions-rigging scandal.

NATIONAL/INTERNATIONAL BUSINESS

Modest rise gives stocks a third straight week of gains

Stocks are closing higher after a day of meandering, giving the market its third straight week of gains.

Appeals court rules in favor of Google's online library

NEW YORK (AP) — Google is not violating copyright laws by digitizing books for a massive online library, a federal appeals court ruled Friday in a decadelong dispute.

Wal-Mart, others speed deliveries to shoppers

BETHELEHEM, Pa. (AP) — Christmas won't come early this year, but the gifts might.

US employers advertised fewer jobs in August

WASHINGTON (AP) — The Labor Department says employers advertised fewer job openings in August and kept hiring flat.

US factory output drops in latest sign of weak growth

WASHINGTON (AP) — U.S. manufacturing production fell for the second straight month in September as factories cranked out fewer appliances, computers, and electronics.

Oil companies pledge support for Paris climate deal

STOCKHOLM (AP) — The chief executives of 10 of the world's biggest oil and gas companies have pledged support for an "effective" deal to fight global warming at a Paris conference next month.

First Data debut, Albertsons delay show cooling IPO market

NEW YORK (AP) — The largest initial public offering of the year fell short of expectations and the proposed second-largest was postponed in a sign that IPOs are struggling while investors worry about the health of the global markets.

US budget gap for 2015 at $439 billion, lowest in 8 years

WASHINGTON (AP) — The U.S. budget deficit in 2015 fell to its lowest level in eight years, spurred by gains in tax revenue that outpaced greater government spending.

NATIONAL POLITICS

Government: No benefit hike for Social Security next year

WASHINGTON (AP) — Older Americans got a double dose of bad news Thursday: There will be no cost-of-living increase in Social Security benefits next year, and Medicare bills are set to soar for many.

Treasury warns Congress: Debt limit deadline now Nov. 3

WASHINGTON (AP) — The Treasury Department on Thursday told Congress that it needs to act by Nov. 3 or the government will be dangerously close to being unable to pay all its bills.

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