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VOL. 41 | NO. 10 | Friday, March 10, 2017

‘Every generation must carry on the struggle’

Protest movement finds a leader in Fisk’s Justin Jones

Over its storied history, Fisk University has nurtured and educated leaders who eventually left the iconic halls of the 150-year-old school and entered intrepidly into the wider world to make history by challenging the status quo.

Movement or fad? New activism examined

Throughout the 2016 election cycle and following the election of President Trump, millions of young people attended rallies, demonstrations and protests to exercise their First Amendment rights.

SAM STOCKARD: VIEW FROM THE HILL

Outsourcing win more about turf than trends

As Fall Creek Falls folks celebrate a state decision to postpone park privatization, the question is whether public opposition or failure to follow long-standing state protocol led to the plug-pulling.

Local Weather

Weather in Nashville, TN

EVENTS

Real Estate Investors Network. Williamson County Lunch - 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., First Watch, 1000 Meridian Blvd, Suite 118, Franklin. Information: www.reintn.org.

more events »

MIDSTATE

Clarksville rebounds from Hemlock’s sting

When the $1.2-billion Hemlock Semiconductor plant failed to materialize, it was a sizeable blow to growth and development in Clarksville and Montgomery County.

TIM GHIANNI: STREET LEVEL

Happy in US, even as family members face ban

After paying way too much in taxes for my .51 acre of the land of the free, home of the brave, I decided to leave the taxman’s office at the Howard School complex behind and drive home via Nolensville Road and through our city’s bustling international cultural mishmash to see if I could find someone who could reassure me it’s great to be an American.

DAVID CLIMER: OUT OF LEFT FIELD

New AD is bad news for struggling Vol coaches

The hiring of John Currie as the University of Tennessee’s athletics director conveys a number of messages. One of them: Butch Jones is officially on the clock.

RICHARD COURTNEY: REALTY CHECK

New construction clearly holds upper hand in upper-end sales

In the world of residential real estate, most closings occur at the end of the month. The main reason for this is that the interest on the loan for the month of the closing is prepaid at the closing.

REAL ESTATE

Middle Tennessee real estate trends for February 2017

February 2017 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.

Average US 30-year mortgage rate rises to year-high 4.21 pct

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, marking new highs for the year. An increase in a key interest rate is expected by the Federal Reserve next week, propelled by signs of strength in the economy.

NEWSMAKERS

Fardon joins Riley Warnock & Jacobson

Attorney Alex Fardon has joined Riley Warnock & Jacobson, PLC, and will continue to focus on commercial litigation.

BEHIND THE WHEEL

Toyota’s penny-pinching Prius gets more efficient

For 2017, Toyota has added its most fuel-efficient Prius ever: a plug-in gasoline-electric hybrid called Prius Prime that can travel up to 640 miles on a full electric charge and a single tank of fuel.

GUERRILLA MARKETING

Change-receptive cultures have winning attitude

As I reflect on companies large and small that I have had the privilege to partner with over the past decade, there is a consistent theme across those that have consistently improved and grown: A culture of receptivity to change that permeates from senior-most leadership to the front line.

BUSINESS BOOK REVIEW

Future of successful companies a team sport

No man is an island. He (or she) can’t do everything alone. We need help sometimes, a group of support, a posse with our best interests in mind.

CAREER CORNER

Where are you getting stuck in your job search?

Whenever I meet with a new job seeker, I always ask the same question: “Where are you getting stuck in your search?” It sounds like a simple question, but it can shed quite a bit of light into what’s going on.

STATE LEGISLATURE

Tennessee legislative leaders pursue open records law review

NASHVILLE (AP) — Tennessee legislative leaders are moving forward with a review of exemptions to the state's open records laws.

NASHVILLE AREA

Trump supporters, demonstrators converge in Nashville

NASHVILLE (AP) — Supporters and demonstrators have converged in the heart of Nashville in anticipation of President Donald Trump's visit.

REAL ESTATE

Average US 30-year mortgage rate rises to 4.30 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week for a second straight week, posting new highs for the year. The markets were anticipating an increase in a key interest rate by the Federal Reserve, which the Fed announced Wednesday.

US housing starts rose in Feb., led by single-family homes

WASHINGTON (AP) — U.S. builders broke ground on new homes at a faster pace in February, a sign that developers expect solid sales growth this year despite higher mortgage rates.

AUTO INDUSTRY

Nissan design chief Albaisa inspired by Cuban, Japan roots

ATSUGI, Japan (AP) — Alfonso Albaisa draws upon the cultures of Japan, America and Cuba in concocting car designs with a flair that once was lacking at Japanese automakers, critics say, but is becoming evident as they globalize.

Car sales in Europe edge up to near pre-crisis levels

MILAN (AP) — European car sales grew 2.2 percent in February to over 1 million vehicles — close to the level in 2008, just before the economic crisis slid the industry into a prolonged downturn.

HEALTH CARE

GOP health plan: Tax cuts for rich; hits older people hard

WASHINGTON (AP) — The House Republican health care plan backed by President Donald Trump provides billions of dollars in tax cuts for wealthy families and insurance companies, but it hits older Americans hard with higher insurance premiums and smaller tax credits.

High stakes for Trump on GOP health care bill

WASHINGTON (AP) — As a new president who has vowed to keep his campaign promises, Donald Trump knows he'll be judged on whether he can repeal the so-called Obamacare law and replace it with something new.

NATIONAL/INTERNATIONAL BUSINESS

US stock indexes hold steady while overseas markets rally

NEW YORK (AP) — U.S. stock indexes held steady Thursday, while bond yields recovered some of their sharp losses from the prior day. Stock markets around the world rallied.

US employers posted more jobs in January, quitting jumps

WASHINGTON (AP) — Employers posted more open positions in January compared with December and the number of Americans quitting jumped, trends that could push up wages.

US claims for unemployment benefits dip by 2,000

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week, a further indication of the health of the labor market.

US to confront trade partners at global finance meeting

FRANKFURT, Germany (AP) — U.S. President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront them all in one room.

NATIONAL POLITICS

Trump budget slashes agencies to focus on wall, defense

WASHINGTON (AP) — President Donald Trump unveiled a $1.15 trillion budget on Thursday, a far-reaching overhaul of federal government spending that slashes many domestic programs to finance a significant increase in the military and make a down payment on a U.S.-Mexico border wall.

Winners and losers in Trump's first budget plan

WASHINGTON (AP) — Military spending would get the biggest boost in President Donald Trump's proposed budget. Environmental programs, medical research, Amtrak and an array of international and cultural programs — from Africa to Appalachia — would take big hits, among the many parts of the government he'd put on a crash diet.

2 federal judges find new Trump travel ban discriminatory

GREENBELT, Md. (AP) — Rejecting arguments from the government that President Donald Trump's revised travel ban was substantially different from the first one, judges in Hawaii and Maryland blocked the executive order from taking effect as scheduled on Thursday, using the president's own words as evidence that the order discriminates against Muslims.


WEDNESDAY, MARCH 15
STATE LEGISLATURE

Gov. Haslam approves of Senate change to gas tax proposal

NASHVILLE (AP) — Republican Gov. Bill Haslam says he approves of changes to his transportation funding proposal made in the state Senate earlier this week.

NASHVILLE AREA

Some state workers to leave early amid Trump Nashville visit

NASHVILLE (AP) — Tennessee lawmakers and downtown state workers will end their work days early because of President Donald Trump's visit to Nashville.

REAL ESTATE

US homebuilder sentiment surges to 12-year high in March

U.S. homebuilders are feeling more optimistic about their sales prospects than they have been since the high-flying days of the housing boom.

HEALTH CARE

Gov't report: More than 12M signed up for 'Obamacare'

WASHINGTON (AP) — The government says more than 12 million people have signed up for coverage this year under former President Barack Obama's health care law, even as the Republican-led Congress debates its repeal.

Ryan stresses Trump had a hand in GOP health care bill

WASHINGTON (AP) — House Speaker Paul Ryan is stressing that President Donald Trump had a hand in writing the beleaguered health care overhaul that Republican leaders hope to push through his chamber next week.

GOP health overhaul puts pressure on state governments

CHERRY HILL, N.J. (AP) — The Republican health care plan means less money for states and gives them a tough choice: Find a pot of cash to make up the difference or let coverage lapse for millions of lower-income Americans.

AUTO INDUSTRY

Trump announces challenge to Obama-era fuel standards

YPSILANTI, Mich. (AP) — President Donald Trump announced Wednesday that the administration will re-examine federal requirements governing the fuel efficiency of cars and trucks, moving forcefully against Obama-era environmental regulations that Trump says are stifling economic growth.

Trump fuel economy move sets up fight with California

DETROIT (AP) — The Trump administration's decision to re-examine Obama-era rules that govern automobile gas mileage could be the first round of a potentially bruising political fight: revoking the ability of California and other blue states to set their own, tougher car-emission standards.

NATIONAL/INTERNATIONAL BUSINESS

Fed raises rate and sees more hikes as US economy improves

WASHINGTON (AP) — The Federal Reserve has raised its benchmark interest rate for the second time in three months and forecast two additional hikes this year. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans.

Fed still sees 3 hikes this year and next

NEW YORK (AP) — Federal Reserve policymakers expect to hike rates a total of three times this year, including the increase announced Wednesday. That's the same as their December forecast. But more Fed officials now support that view: Nine of 17 Fed policymakers support three hikes, up from six in December.

Stocks climb, led by energy companies and dividend payers

NEW YORK (AP) — Stocks clambered higher Wednesday for their biggest gain in two weeks and easily absorbed the Federal Reserve's latest increase in interest rates, a move that was widely expected.

US consumer prices rose at a tempered pace in February

WASHINGTON (AP) — U.S. consumer prices rose at a slower pace in February. Clothing and housing costs rose last month, while motor vehicle and gasoline prices dipped.

Americans spent slightly more at retail stores last month

WASHINGTON (AP) — Americans spent only slightly more last month at retail stores compared with January, a sign of consumer caution despite rising optimism about the economy.

EU approves proposed AT&T purchase of Time Warner

BRUSSELS (AP) — The European Union has given its blessing to AT&T's proposed $85 billion purchase of Time Warner, saying that it raises no competition concerns in Europe.

NATIONAL POLITICS

Trump earned $153m and paid $36.5m in taxes in 2005

WASHINGTON (AP) — President Donald Trump earned $153 million and paid $36.5 million in income taxes in 2005, paying a roughly 25 percent effective tax rate thanks to a tax he has since sought to eliminate, according to newly disclosed tax documents.

Reporter says Trump has reasons to keep finances from public

WASHINGTON (AP) — The journalist who received a copy of a portion of President Donald Trump's 2005 tax returns says Trump doesn't want the American people to know who "he's beholden to."


TUESDAY, MARCH 14
NASHVILLE AREA

Trump likely to revisit Andrew Jackson legacy in Nashville

NASHVILLE (AP) — In his first days in the White House, Donald Trump hung a portrait of Andrew Jackson in the Oval Office and likened his new administration to that of the snowy-haired man pictured on the $20 bill.

STATE LEGISLATURE

Tennessee lawmakers advance bills for wildfire recovery aid

NASHVILLE (AP) — State lawmakers have advanced two bills aimed at helping people recover from deadly wildfires in eastern Tennessee.

AUTO INDUSTRY

Volkswagen CEO: US remains 'core market' for company

FRANKFURT, Germany (AP) — The CEO of German automaker Volkswagen says the United States remains a "core market" for the company despite its diesel emissions scandal and has underlined that it hopes to expand there.

MIDSTATE

Murfreesboro man convicted of gun silencer smuggling

NASHVILLE (AP) — A federal jury has convicted a Murfreesboro man of smuggling gun silencers into the United States.

HEALTH CARE

Haslam uncertain of Tennessee impact of GOP health plan

NASHVILLE (AP) — Republican Gov. Bill Haslam is expressing hope that President Donald Trump's visit to Nashville on Wednesday will shed more light on how health care changes will affect Tennessee.

Critics of GOP health bill get ammunition from budget score

WASHINGTON (AP) — Critics of GOP health care legislation got fresh ammunition from a report that estimates the bill would increase the ranks of the uninsured by 14 million people next year alone, and 24 million over a decade.

What the budget analysts say about GOP health care bill

WASHINGTON (AP) — The Republican bill to replace major portions of Barack Obama's health care law would leave 24 million additional people uninsured over the next decade, according to projections from the Congressional Budget Office. A look at what the CBO said Monday about the House GOP plan that's backed by President Donald Trump:

AP FACT CHECK: What about Trump's vow on health coverage?

WASHINGTON (AP) — President Donald Trump told Americans he'd do it all on health care: "insurance for everybody," better coverage and lower consumer costs. By the reckoning of nonpartisan budget analysts at Congress, that's not what will happen if the Republican bill he's backing becomes law.

TECHNOLOGY

German official wants $53M fines for social media hate posts

BERLIN (AP) — Germany's justice minister is proposing fines of up to 50 million euros ($53 million) for social networking sites that fail to swiftly remove illegal content, such as hate speech or defamatory "fake news."

NATIONAL/INTERNATIONAL BUSINESS

Another drop for oil prices pulls stock indexes lower

NEW YORK (AP) — Stock indexes sank Tuesday after yet another drop in the price of oil dragged down shares across the energy industry. Other areas of the market saw modest losses as investors wait to hear from the Federal Reserve, which began a two-day policy meeting on interest rates.

3 things to watch for from the Federal Reserve on Wednesday

WASHINGTON (AP) — Sending signals loud and clear, the Federal Reserve has left little doubt that it will raise interest rates Wednesday for the third time since December 2015 to reflect a consistently solid U.S economy.

American Airlines brings back free meals on some flights

DALLAS (AP) — American Airlines said Tuesday that it plans to offer free meals to everyone in economy on certain cross-country flights starting May 1.

Student loan defaults rising, study finds

The stock market is up, unemployment is down but things aren't rosy for all Americans.

Brexit explained: What's next on the UK's road out of the EU

LONDON (AP) — Britain's Parliament has told Prime Minister Theresa May she can file for divorce from the European Union. She will send the formal letter by the end of March. Then comes the hard part — the arguments, the lawyers, the squabbles over money.

Dublin sees future as hub for financial firms fleeing Brexit

DUBLIN (AP) — Britain's plans to leave the European Union threaten to cause Ireland all kinds of economic and security headaches. But a silver lining is expanding daily along the crane-filled banks of the River Liffey, a likely post-Brexit refuge for British banking operations.

NATIONAL POLITICS

Trump pick for trade post calls for 'America first' policy

WASHINGTON (AP) — President Donald Trump's pick to represent the U.S. in trade negotiations told Congress Tuesday that the U.S. should have an "America first trade policy."

Key members of Trump's circle under scrutiny for Russia ties

WASHINGTON (AP) — President Donald Trump's administration remains under scrutiny over potential ties between his associates and Russia in the run-up to the presidential election. Trump has denied knowing that any of his staff had communications with Russian officials during the campaign. But congressional probes are underway, and the FBI is investigating.

AP Explains: CBO's independent views can rankle lawmakers

WASHINGTON (AP) — The Congressional Budget Office is a scorekeeper suddenly in the spotlight.


MONDAY, MARCH 13
STATE LEGISLATURE

Norris sweetens deal for increased fuel tax

Senate Majority Leader Mark Norris pushed a revised fuel-tax bill through the Transportation Committee today, making a sharper cut in the grocery tax to offset phased-in increases at the gas pump.

Tennessee Senate panel changes, OKs governor's roads plan

NASHVILLE (AP) — A Tennessee legislative panel has changed and passed Gov. Bill Haslam's transportation bill, which Senate Majority Leader Mark Norris says would ensure people save more in food tax cuts than they'd pay in a gas tax hike.

Haslam offers $5.6M for DUI prosecution funding

The governor’s office is promising $5.6 million in yearly funding and grants to maintain DUI enforcement prosecution across the state, money that would have been jeopardized by passage of an open container law.

HEALTH CARE

Congress' analyst: Millions to lose coverage under GOP bill

WASHINGTON (AP) — Fourteen million Americans would lose coverage next year under House Republican legislation remaking the nation's health care system, and that figure would grow to 24 million by 2026, Congress' nonpartisan budget analysts projected Monday. The figures dealt a blow to a GOP drive already under fire from both parties and large segments of the medical industry.

Republicans set low expectations for health bill cost study

WASHINGTON (AP) — Republicans pushing a plan to dismantle Barack Obama's health care law are bracing for a Congressional Budget Office analysis widely expected to conclude that fewer Americans will have health coverage under the proposal, despite President Donald Trump's promise of "insurance for everybody."

Vanderbilt ranked among top liver transplant hospitals

NASHVILLE (AP) — Vanderbilt University Medical Center has been rated as one of the busiest liver transplant hospitals in the nation.

COURTS

Davidson County now offers e-filing for Chancery Court

NASHVILLE (AP) — Davidson County has become the second county in Tennessee to implement electronic case filing in a state trial court.

STATEWIDE

State sues Feds over Refugee Resettlement Program

The state of Tennessee, spearheaded by Senate Majority Leader Mark Norris, filed suit against the federal government Monday, challenging the constitutionality of the Refugee Resettlement Program.

AUTO INDUSTRY

Haslam emerges as leader of free college movement

NASHVILLE (AP) — Tennessee Gov. Bill Haslam, a Republican from a deep red Southern state, has emerged as an unlikely leader of the free tuition movement.

Intel drops $15B on Mobileye in race for a driverless future

SANTA CLARA, Calif. (AP) — Intel will buy Israel's Mobileye in a deal valued at about $15 billion, instantly propelling the computer chip and technology giant to the forefront of autonomous vehicle technology.

Intel and Mobileye, the race for a driverless future

Intel said Monday that it will spend more than $14 billion to acquire Israel's Mobileye, a company that develops technology that essentially gives computers a sense of their physical surroundings. It's the latest push by a major tech company into autonomous vehicles.

Nissan recalls more than 54,000 cars, cites air bag problem

NEW YORK (AP) — Nissan is recalling more than 54,000 cars because of curtain and seat-mounted air bags that may unexpectedly deploy when the door is slammed.

NATIONAL/INTERNATIONAL BUSINESS

Why so few are worried about likely Fed rate hike this week

WASHINGTON (AP) — For years after the Great Recession ended, investors fretted — sometimes panicked — over the prospect that the Federal Reserve might begin to raise interest rates from record lows.

Wait and see: Stocks steady at beginning of jam-packed week

NEW YORK (AP) — Stocks held steady in a calm day of trading Monday, but the storm may be coming.

Big week for markets: Brexit, Fed and elections to collide

LONDON (AP) — Investors around the world are bracing for a series of events this week that could potentially cause waves in markets. And, for once, they're not directly about U.S. President Donald Trump.

Airline cancellations pile up as storm disrupts travel plans

U.S. airlines have already canceled more than 6,000 flights Monday and Tuesday as a late-winter storm is expected to dump enough snow to disrupt travel in the Northeast.

NATIONAL POLITICS

Trump orders review of executive branch

WASHINGTON (AP) — President Donald Trump has signed an order aimed at streamlining the executive branch.

Democrats warn against funding border wall in spending bill

WASHINGTON (AP) — Top Senate Democrats are warning Republicans controlling Congress against adding billions of dollars for President Donald Trump's U.S.-Mexico border wall to a coming $1 trillion-plus spending package.

Trump budget timeline mixes deadlines, uncertainty

President Donald Trump's release of a spending blueprint for the upcoming budget year will set in motion a debate that's full of uncertainty — and the potential for gridlock, even a government shutdown.


FRIDAY, MARCH 10
STATE LEGISLATURE

Body of longtime Sen. Douglas Henry lies in state at Capitol

NASHVILLE (AP) — The body of Sen. Douglas Henry, a larger-than-life lawmaker with the longest tenure in General Assembly history, has been brought to the Tennessee Capitol. Henry died Sunday night at the age of 90.

Tennessee Senate changes bill that was deemed discriminatory

NASHVILLE (AP) — Tennessee senators have watered down and passed legislation that critics still deem discriminatory.

Tennessee House votes to OK fundraising before veto override

NASHVILLE (AP) — The Tennessee House has passed a bill seeking to allow lawmakers to start raking in campaign cash while they wait for a veto override session.

STATEWIDE

Boyd visiting 4 corners of Tennessee for campaign launch

NASHVILLE (AP) — Republican gubernatorial candidate Randy Boyd is scheduled to visit all four corners of Tennessee next week as part of his campaign launch.

Take a hike! Tennessee's state parks offering free ones

NASHVILLE (AP) — Tennessee's state parks are offering free guided hikes to celebrate the coming of spring.

NASHVILLE AREA

Trump plans Nashville rally

WASHINGTON (AP) — President Donald Trump has scheduled another campaign rally, this time in Nashville.

COURTS

Tennessee group sues over state horse massage regulation

NASHVILLE (AP) — A Tennessee free-market group is suing the state over regulation of horse massage therapy.

AUTO INDUSTRY

Google's self-driving car company escalates battle with Uber

SAN FRANCISCO (AP) — A self-driving car company founded by Google is presenting new evidence to support its allegations that a former manager stole technology that Uber bought to help build robot-powered vehicles for its ride-hailing service.

Volkswagen pleads guilty in US diesel emissions scandal

DETROIT (AP) — Volkswagen pleaded guilty Friday to conspiracy and obstruction of justice in a brazen scheme to get around U.S. pollution rules on nearly 600,000 diesel vehicles by using software to suppress emissions of nitrogen oxide during tests.

HEALTH CARE

GOP plan less generous than Obamacare for older Americans

WASHINGTON (AP) — Republicans hate "Obamacare," so House GOP leaders freak out whenever their health care bill is compared to President Barack Obama's law. But one reason some conservatives are branding the bill "Obamacare Lite" comes down to the tax credits to help consumers buy insurance.

GOP leaders claim momentum as health bill clears hurdles

WASHINGTON (AP) — Republican leaders drove their long-promised legislation to dismantle Barack Obama's health care law over its first big hurdles in the House on Thursday, claiming fresh momentum despite cries of protest from right, left and center.

GOP health bill would cut CDC's $1B disease fighting fund

NEW YORK (AP) — A proposal to replace the Obama health care law would cut out a pillar of funding for the nation's lead public health agency, and experts say that would likely curtail programs across the country to prevent problems like lead poisoning and hospital infections.

Marathon debate as GOP pushes ahead on health bill

WASHINGTON (AP) — Determined House Republicans pushed ahead Thursday with divisive legislation to undo former President Barack Obama's health care law, holding marathon all-night voting sessions in key committees despite Democratic protest and intense opposition from doctors and consumer groups.

AP Spin Meter: GOP health care offers access, not insurance

WASHINGTON (AP) — Forget about insurance coverage. The new Republican buzzwords in Washington are health care access.

TECHNOLOGY

Food delivery of the future? Robots bringing meals to DC

WASHINGTON (AP) — Some hungry customers in the nation's capital may be surprised to discover a robot is delivering their pastrami on rye.

NATIONAL/INTERNATIONAL BUSINESS

US added 235K jobs in February, making Fed rate hike likely

WASHINGTON (AP) — U.S. employers added a robust 235,000 jobs in February and raised pay at a healthy pace, making it all but certain that the Federal Reserve will raise short-term interest rates next week.

Stocks rise higher after strong jobs report; tech leads

NEW YORK (AP) — Led by technology companies, U.S. stocks rose Friday after a strong February jobs report. Most parts of the market moved higher as investors wait for the Federal Reserve to meet next week. The central bank is almost universally expected to raise interest rates.

On the bull market's 8th birthday, 8 facts to consider

Financial markets were in a pretty dark place on March 9, 2009.

Stock market surge lifts US household wealth to $92.8T

WASHINGTON (AP) — The stock market's rise to record levels fueled a big increase in U.S. household wealth in the final three months of last year.

Companies claim largest US onshore oil discovery in 30 years

MADRID (AP) — Spanish energy company Repsol says an oil reserve of 1.2 billion barrels has been identified in Alaska's North Slope, which the company is the largest onshore discovery in the United States in three decades.

Man picked to fix AIG will step down after massive loss

NEW YORK (AP) — Three weeks after AIG reported a titanic loss, the person chosen to turn things around at one of the world's largest insurance companies is stepping down.

RadioShack files for second bankruptcy in 2 years

FORT WORTH, Texas (AP) — RadioShack has filed for Chapter 11 bankruptcy protection for the second time in just over two years, putting the future of the nearly 100-year-old electronics retailer in doubt.

NATIONAL POLITICS

House backs bill to deter lawsuits in business-friendly push

WASHINGTON (AP) — The Republican-led House on Friday backed legislation that requires judges to sanction attorneys and other parties who file frivolous lawsuits in federal district court, a move that supporters said will protect individuals and businesses from unnecessary legal costs.

SEC nominee reveals possible Wall Street conflicts

WASHINGTON (AP) — The Wall Street attorney chosen by President Donald Trump to head the Securities and Exchange Commission has worked on many of the kinds of deals the agency regulates and represented some of the biggest financial firms.

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