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VOL. 35 | NO. 19 | Friday, May 13, 2011

Home-based dilemma

As many as 13,000 home businesses might be violating Metro law. That could soon change.

Gabe Sizemore is breaking the law. So, potentially, are 13,000 of his neighbors. Every time a client, musician or engineer visits Sizemore’s small Hermitage recording studio, he is violating a Metro ordinance written before the widespread use of home computers and e-commerce.

Rental market overshadows April sales

Home sales tumbled in April in much of the Nashville area as would-be buyers, frustrated by the difficulty of qualifying for a mortgage loan or unable to sell their existing house before buying another one, increasingly gave up and became renters.

GREEN BUSINESS

Business picking up for EarthSavers

Looking to make some extra money while studying architecture at the University of Tennessee-Knoxville, Bobby Bandy, 43, started a small recycling company. But when he left school he left that behind, focusing on his architecture career.

Local Weather
Currently
Nashville, TN
65.0°F
A Few Clouds
Wind: from the West at 15.0 gusting to 21.9 mph
Humidity: 37%

EVENTS

Full Moon Pickin’ Party on Friday features Middle Tennessee’s finest bluegrass musicians. They will be performing under the light of a full moon to raise money for Warner Parks to ensure preservation, protection, the funding of educational programs and special projects, including campouts and hayrides for inner-city children. 7-11 p.m., Steeplechase Barn at the Equestrian Center (2500 Old Hickory Blvd.) in Percy Warner Park. Tickets $15 in advance (NowPlayingNashville.com), $20 at the door. Children 6 and younger free, $10 for 7-15-year-olds. Pickers with a bluegrass instrument, $5. Information: FriendsOfWarnerParks.com, 370-8053.

more events »

REALTY CHECK

NHL commissioner hints at All-Star Game for Nashville

Last week, 115 local and regional business and community leaders visited Toronto as part of the Nashville Area Chamber of Commerce’s Leadership Study Mission. This year’s trip marked the 20th of these ventures and focused on positioning Nashville as a global city.

GET A JOB!

Make your case for a raise with research, right attitude

You are likely to hold many positions during your career. You also will receive many raises. But like most people, you probably don’t know how to ask for a raise or the best compensation package.

BOOK REVIEW

Fortune editor offers tips for building, keeping staff

You catch more flies with honey than vinegar.

NEWSMAKERS

Kaiser named to lead Vanderbilt Health System

Allen Kaiser, M.D., professor and vice chair of Clinical Affairs for the Department of Medicine, chief of staff for Vanderbilt University Hospital and associate chief medical officer for Vanderbilt University Medical Center, has been named chief of staff for the Vanderbilt Health System.

I SWEAR

Lowest form of humor finds an allie

A few weeks back I advocated the use of puns. Within days, maybe hours, of that column’s appearance, I received an email from David R. Yale, the “Pundit of Double Entendres,” as he is referred to on the title page of his book.

KAY'S COOKING CORNER

Quick quiz for all you foodies

As I was musing over what to write about today, it occurred to me that I haven’t done a food quiz in a while, so what better time than now? Hope you enjoy it!

STATE LEGISLATURE

Lawmaker drops Amazon.com sales tax bill

NASHVILLE (AP) — Tennessee lawmakers on Wednesday backed off trying to force Amazon.com to collect sales taxes on transactions in the state, at least for this year.

Sen. Ketron hands out DVD to support terror bill

NASHVILLE (AP) — Sen. Bill Ketron has distributed a DVD to his fellow senators that claims Nashville Muslims radicalized a Memphis man who shot an Army recruiter after converting to Islam.

Bill to prove employee legality advances

NASHVILLE (AP) — A proposal that would require Tennessee's employers to prove their employees are legally authorized to work in the U.S. is headed for a full House vote.

Charter schools bill headed for floor votes

NASHVILLE (AP) — A proposal that would remove the cap on charter schools in Tennessee is headed for floor votes in both chambers.

Anti-terrorist bill closer to federal law

NASHVILLE (AP) — A Tennessee proposal that seeks to prevent "material support" for terrorist groups has been amended to more closely resemble a federal law.

Senate delays anti-gay legislation

NASHVILLE (AP) — A proposal to prohibit the teaching of homosexuality in Tennessee public schools has been delayed in the Senate, but a measure to study the issue is advancing.

REAL ESTATE

Home sales dropped in April, foreclosures declined

WASHINGTON (AP) — Fewer people purchased previously occupied homes in April. Activity among first-time homebuyers increased and foreclosure sales declined, but those factors weren't enough to signal a recovery in the weak housing market.

Fixed mortgage rates touch new lows for 2011

NEW YORK (AP) — Fixed mortgage rates fell this week to the lowest point of the year, offering incentive for homeowners to save money by refinancing their loans.

NATIONAL BUSINESS

LinkedIn shares soar 90 percent in market debut

NEW YORK (AP) — LinkedIn's stock nearly doubled in its market debut because of huge investor demand for the first major U.S. social networking company to go public.

Leading indicators post 1st drop since June 2010

NEW YORK (AP) — A private research group's forecasting gauge suggests some bumps in the U.S. economic recovery this summer.

Oil above $100 as traders eye dollar, recovery

Oil prices inched above $100 a barrel Thursday thanks to the effects of a stronger dollar, but gains were limited by the International Energy Agency's warning that expensive crude was hurting the global economy.

Sears posts 1Q loss; Kmart, Sears sales weak

Sears Holding Corp. may need to go back to the drawing board. The company's dependence on appliances and what seemed to be growing strength at its Kmart stores failed it in the first quarter, as the retailer reported a bigger-than-expected loss in contrast to a profit a year ago.

Disasters send Japanese economy into recession

TOKYO (AP) — Japan's economy shrank in the first quarter, veering back into recession as factory production and consumer spending wilted in the aftermath of March 11 earthquake and tsunami.

IMF chief makes new bid for bail, resigns

NEW YORK (AP) — Investigators cut out a piece of carpet in a painstaking search of a penthouse suite for DNA evidence in IMF chief Dominique Strauss-Kahn's sex assault case, law enforcement officials said Wednesday as he made a new bid to get out of jail.

Ex-billionaire to seek sanctions against Montana

BILLINGS, Mont. (AP) — Former billionaire Tim Blixseth said he will pursue court sanctions against the Montana Department of Revenue after a federal judge tossed a bankruptcy petition the state filed against him seeking $57 million in alleged unpaid taxes.

NATIONAL POLITICS

Obama pick for bench may be defeated by GOP

WASHINGTON (AP) — Senate Republicans may hand President Barack Obama his first defeat on a judicial nomination, as they appear to have sufficient votes to sustain a filibuster against liberal law professor Goodwin Liu.

Feds must stop writing gibberish under new law

WASHINGTON (AP) — The federal government is rolling out a new official language of sorts: plain English.

Obama puts immigration in Congress' court

WASHINGTON (AP) — With a re-election campaign looming, President Barack Obama is pushing Congress to overhaul the immigration system, but lawmakers seems to have little appetite to take on the issue.

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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