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VOL. 42 | NO. 20 | Friday, May 18, 2018

Blockchain tech ‘is the shiny new penny’

During the General Assembly session that just ended legislators debated a number of hot-button issues: guns, abortion, Confederate statues and medical marijuana.

Bitcoin fans rave, but understand it’s still a risky business

By now, anyone who follows Wall Street even slightly has heard of cryptocurrency and its most famous spawn – bitcoin, which launched in 2009 but grabbed headlines last year for its wild swings in valuation.

Blockchain buzzwords

Address: Cryptocurrency addresses are used to receive and send transactions on the network. An address is a string of alphanumeric characters, but can also be represented as a scannable QR code.

Learn more about blockchain and bitcoin

Intrigued and want to learn more? Blockchain and cryptocurrency enthusiasts welcome newbies and enjoy sharing knowledge. Here are some reliable sources for blockchain information and social groups.

Local Weather

Weather in Nashville, TN

EVENTS

Elder Law Expo & Workshop. The second annual Elder Law Expo & Workshop is hosted by Heritage Law Group PLLC. The event is in honor of National Elder Law Month and National Stroke Awareness Month. Complimentary educational workshops and exhibitors for the community specifically designed for health care professionals, family caregivers, students, and anyone who would like to learn more about healthcare and the law pertaining to the needs of seniors. Speakers include local attorneys, physicians, Medicare specialists and more. Volunteer State Community College, 1480 Nashville Pike, Gallatin. Tuesday, 8 a.m.-3 p.m. Free. Information and RSVP: www.HeritageLawTN.com

more events »

SAM STOCKARD: VIEW FROM THE HILL

Jack Daniel's may no longer be scared cow

When Van Halen front man David Lee Roth opened a bottle of Jack Daniel’s on stage back in the ’80s, the last thing he thought about was taxes and court appeals when he took a big swig of whiskey.

RICHARD COURTNEY: REALTY CHECK

Renaming neighborhood creates instant new market

One interesting aspect of residential real estate is how some insignificant, irrelevant places in town become landmarks thanks to the marketing and consequent branding of developers and their Realtors. The names bestowed upon these sites become woven into the realty tapestry.

NEWSMAKERS

Anderson Benson hires two managers

Anderson Benson, an independent Nashville-based insurance and risk management firm, has hired two new account managers. Sarah Anderson and Cynthia Russell have joined the firm.

BRIEFS

New psychiatric hospital planned for Nashville

Saint Thomas Health and Acadia Healthcare are partnering to create a new 76-bed psychiatric inpatient hospital at Metro Center in Nashville.

NASHVILLE AREA

Get a clue! Escape adventure solves life’s stresses

Ever get stuck behind a slow-pedaling batch of bachelorettes and wish you could lock them away somewhere? Help is at hand.

BEHIND THE WHEEL

Four-door sedans in the spotlight for bargain hunters

Over the past few years, car shoppers have flocked to crossovers and SUVs because of their higher seating position, added cargo space and ease of entry. As a result, sedan sales have slowed to a crawl.

PREDATORS

Post-mortem has Preds feeling good, bad

Only a couple of seasons ago, the Predators could point to their trip to the second round of the playoffs as progress, a sign the team was once again moving in the right direction.

GUERRILLA MARKETING

Five metrics for keeping website on target

Engaging videos, impactful testimonials and beautiful graphics can all be parts of an efficient website. Although it may look and function seamlessly, you cannot judge the success of your website simply on the aesthetics or mechanics. You’ll have to consult the hard numbers to judge the success of a website and, if necessary, determine how to alter that success.

BUSINESS BOOK REVIEW

Someone has to tackle life’s unpleasant disorders

Wash your hands thoroughly.

NASHVILLE AREA

Court upholds cutting $150 million in Opry Mills flood coverage

NASHVILLE (AP) — In a blow to the owner of Opry Mills Mall, the Tennessee Supreme Court has let stand a lower court's ruling that stripped $150 million of insurance coverage for the 2010 flood. The state's highest court announced Thursday that it would not hear an appeal from the Simon Property Group.

PREDATORS

Wild hire Predators assistant Fenton as new GM

Paul Fenton was hired as general manager of the Minnesota Wild on Monday, after 20 seasons in the front office with the division rival Nashville Predators.

MUSIC INDUSTRY

Sony buys most of EMI Music, to spend $9B on image sensors

TOKYO (AP) — Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing, home to the Motown catalog and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams.

HEALTH CARE

US clings to health coverage gains despite political drama

WASHINGTON (AP) — The U.S. clung to its health insurance gains last year, an unexpected outcome after President Donald Trump's repeated tries to take apart the Obama-era coverage expansion, according to a major government survey released Tuesday.

TECHNOLOGY

EU lawmakers to press Zuckerberg over data privacy

BRUSSELS (AP) — European Union lawmakers plan to press Facebook CEO Mark Zuckerberg on Tuesday about data protection standards at the internet giant at a hearing focused on a scandal over the alleged misuse of the personal information of millions of people.

NATIONAL/INTERNATIONAL BUSINESS

Stocks mixed amid US-China trade talks, Italian politics

BEIJING (AP) — Global stock markets were mixed Tuesday as investors watched developments in the U.S.-China trade relations and Italy's move toward forming a euroskeptic government.

For the first time in 226 years, woman to lead the NYSE

NEW YORK (AP) — The New York Stock Exchange for the first time in its 226-year history will be led by a woman.

EU says no clarity on US tariffs ahead of deadline

BRUSSELS (AP) — European Union Trade Commissioner Cecilia Malmstrom said Tuesday that the EU still has no idea whether U.S. President Donald Trump will slap tariffs on the bloc's steel and aluminum exports next week.

Airlines caving to Beijing despite White House protest

SHANGHAI (AP) — Global airlines are obeying Beijing's demands to refer to Taiwan explicitly as a part of China, despite the White House's call this month to stand firm against such "Orwellian nonsense." The Associated Press found 20 carriers, including Air Canada, British Airways and Lufthansa, that now refer to Taiwan, the self-ruled island that Beijing considers Chinese territory, as a part of China on their global websites.

NATIONAL POLITICS

Russia adopts bill that could stymie trade with US

MOSCOW (AP) — Russia's parliament on Tuesday adopted a wide-ranging bill that could freeze crucial exports to the United States and imports to Russia from the U.S. and other countries.

Congressional leaders to review information on Russia probe

WASHINGTON (AP) — Ratcheting up pressure on the Russia investigation, the White House announced that top FBI and Justice Department officials have agreed to meet with congressional leaders and "review" highly classified information the lawmakers have been seeking on the handling of the probe.

US hikes tariffs on Chinese steel exported via Vietnam

WASHINGTON (AP) — The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel.

Trump the dealmaker facing challenges ahead of NKorea summit

WASHINGTON (AP) — Weeks before his planned North Korea summit, President Donald Trump is staring down a dealmaker's worst nightmare: overpromising and under-delivering.


MONDAY, MAY 21
SPORTS

Former Liverpool CEO Ayre hired by MLS' Nashville expansion

NASHVILLE (AP) — Former Liverpool chief executive Ian Ayre has been hired for the same role with Major League Soccer's expansion franchise in Nashville.

STATEWIDE

Tennessee Gov.: Sanctuary bill to become law sans signature

NASHVILLE (AP) — Republican Tennessee Gov. Bill Haslam says he's allowing legislation billed as a push against sanctuary cities to become law without his signature, saying it has stirred up irrational fear on both sides.

MIDSTATE

Fort Campbell brigade casing colors, prepares for deployment

FORT CAMPBELL, Ky. (AP) — Fort Campbell's 101st Combat Aviation Brigade is preparing for deployment to Afghanistan and will hold a color-casing ceremony at the Army post on the Kentucky-Tennessee state line.

COURTS

Divided Supreme Court rules for businesses over workers

WASHINGTON (AP) — The Supreme Court says employers can prohibit their workers from banding together to dispute their pay and conditions in the workplace, an important victory for business interests.

TECHNOLOGY

Zuckerberg meeting with EU parliament leaders to be webcast

BRUSSELS (AP) — Facebook CEO Mark Zuckerberg has agreed to have his meeting Tuesday with the leaders of the European parliament about data privacy be broadcast publicly through web streaming.

NATIONAL/INTERNATIONAL BUSINESS

Hope for US-China trade progress sends stocks jumping

NEW YORK (AP) — Industrial and technology companies led stocks to solid gains Monday after the U.S. and China appeared to make significant progress in trade talks. That helped ease concerns among investors that the world's two biggest economies might be headed for a trade war.

Netflix says it has signed Barack and Michelle Obama

NEW YORK (AP) — Barack and Michelle Obama are getting into the television business with Monday's announcement that they had signed a multi-year deal with Netflix.

General Electric continues transformation; $11B rail deal

NEW YORK (AP) — General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO John Flannery continues to break off parts of the conglomerate.

UK government does not intend to block Comcast-Sky deal

LONDON (AP) — Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities, saying the proposed merger doesn't raise concerns on public interest grounds.

NATIONAL POLITICS

Why US-China trade talks left toughest issues unresolved

WASHINGTON (AP) — Facing the risk of a mutually harmful trade war, the world's two biggest economies have put their differences on hold. Yet it's far from clear that a fragile truce between the United States and China can hold.

US demands wholesale changes in Iran policies post-nuke deal

WASHINGTON (AP) — The Trump administration on Monday demanded that Iran make wholesale changes in its military and regional policies or face "the strongest sanctions in history," as it sought to turn up heat on Tehran after President Donald Trump's decision to withdraw from a landmark nuclear deal.

China says it can't guarantee no more trade tension with US

BEIJING (AP) — China's government said Monday it cannot guarantee that renewed trade tension with Washington can be avoided after U.S. Treasury Secretary Steven Mnuchin declared a temporary truce in a spiraling dispute that prompted worries of a chilling of global commerce.

Trump pulls back from brink of trade war with China

WASHINGTON (AP) — President Donald Trump on Monday hailed his administration's temporary truce with China on trade, even as his Treasury secretary and China struck a note of caution on the latest agreement.

Trump to DOJ: Investigate whether FBI infiltrated campaign

WASHINGTON (AP) — President Donald Trump said he will "demand" that the Justice Department investigate whether the FBI infiltrated his presidential campaign, an extraordinary order that came hours before his legal team said the special counsel indicated the investigation into the president could be concluded by September.

AP FACT CHECK: Trump's tweets on Russia probe short on facts

WASHINGTON (AP) — President Donald Trump is skimming over the facts involving the investigations into Russian meddling in the 2016 election.


FRIDAY, MAY 18
NASHVILLE AREA

Tennessee school district made 611 reports of alleged abuse

NASHVILLE (AP) — An updated child abuse reporting policy has resulted in 611 reports in one Tennessee school district during this school year.

STATEWIDE
NATIONAL/INTERNATIONAL BUSINESS

Governor: Sanctuary cities bill stirring fear on both sides

NASHVILLE (AP) — Tennessee Gov. Bill Haslam says legislation billed as a push against sanctuary cities is stirring up fear on both sides of the issue, and he's not sure that fear is legitimate.

Beijing showing signs of compromise in trade talks with US

HONG KONG (AP) — China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world's two biggest economies.

US stock indexes cap choppy trading week with a mixed finish

Despite a choppy week of trading and a mixed finish for U.S. stocks, the market extended its recent streak of relative calm Friday.

Rising rates: Savers sigh in relief, borrowers beware

NEW YORK (AP) — Interest rates are charging higher, and that can be a good or bad thing depending on whether you're saving or borrowing.

State's jobless rate hold steady in April, jobs added

BOSTON (AP) — The unemployment rate in Massachusetts remained steady at 3.5 percent in April while estimates showed the state adding more than 6,000 jobs.

NATIONAL POLITICS

Conservative revolt over immigration sinks House farm bill

WASHINGTON (AP) — In an embarrassment for House Republican leaders, conservatives on Friday scuttled a bill that combines stricter work and job training requirements for food stamp recipients with a renewal of farm subsidies popular in GOP-leaning farm country.

Trump's attorney says special counsel has narrowed questions

WASHINGTON (AP) — President Donald Trump's attorney said Friday the special counsel in the Russia probe has narrowed the scope of potential questions for the president, even as Trump advanced an unverified theory that the Justice Department planted a spy in his 2016 campaign and is now "out to frame him."

STATEWIDE

More armadillos move into Tennessee as temperatures rise

NASHVILLE, Tenn. (AP) — Rising temperatures have made Tennessee more hospitable to armadillos over the past three decades.

UT lobbied to keep details of investments secret

MEMPHIS (AP) — Records show that the University of Tennessee has pumped millions from its endowment into private investment funds, including many in the Cayman Islands.

Tennessee OKs $20m in incentives for Tyson Foods facility

NASHVILLE (AP) — Tyson Foods Inc. will receive a state economic incentives package worth $20 million to build a new chicken production complex in Tennessee, a project that's expected to include $322 million in private investment and 1,600 new jobs within five years.

Tennessee constable shot and killed in 1878 honored in DC

MURFREESBORO (AP) — A Tennessee county constable shot and killed by a suspected horse thief in 1878 has been honored in Washington.

TECHNOLOGY

Clocks may go a little cuckoo with power grid change

WASHINGTON (AP) — Running late for work or just miss that bus? You could have a good excuse: Your electric clock might be running a bit cuckoo.

NATIONAL/INTERNATIONAL BUSINESS

US stocks end choppy day slightly lower amid trade jitters

U.S. stock indexes closed slightly lower Thursday after a day of mostly choppy trading, wiping out some of the market's gains from a day earlier.

JC Penney outlook spooks Wall Street

NEW YORK (AP) — J.C. Penney blamed weak clothing sales on bad spring weather and said it would offer more plus-size fashions to try and boost sales.

Iran signs oil deal with UK group as France's Total exits

TEHRAN, Iran (AP) — Iranian state TV is reporting that the country has signed an agreement with a British consortium to develop an oil field, just as another major company, France's Total, says it will withdraw from Iran because of renewed U.S. sanctions.

Trump plays down prospect of successful US-China trade talks

WASHINGTON (AP) — President Donald Trump on Thursday played down the prospect of successful trade talks with China and said the Asian economic powerhouse has become "very spoiled."

Gambling, tech firms scramble for foothold in sports betting

ATLANTIC CITY, N.J. (AP) — The anticipation of legal sports gambling throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in a market worth billions.

NATIONAL POLITICS

Trump donates first quarter salary to VA

WASHINGTON (AP) — President Donald Trump is donating his first quarter salary to the Department of Veterans Affairs, as his search continues for a nominee to lead the agency.

JC Penney's CEO Ellison departs for Lowe's, shares plunge

MOORESVILLE, N.C. (AP) — J.C. Penney's CEO is leaving the company to become the top executive at Lowe's.

Dems want to scrap tax cut for rich to fund teachers' raises

WASHINGTON (AP) — Congressional Democrats want to give a big salary bump to teachers and pay for it by canceling the tax cut for the nation's top 1 percent of earners.

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