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VOL. 39 | NO. 27 | Friday, July 03, 2015

Building boom strains labor pool, supply chain

Contractors, subs ‘turning down work’

Middle Tennessee’s red-hot construction boom is becoming a victim of its own success. Architects, contractors and everyone in between, including Metro Codes, are up to their necks in work.

Gulch approaching 50% buildout

Nashville’s storied Gulch, originally the home of the downtown railway terminal, is approaching another milestone in its long history.

New projects bring more residents

Nashville’s bustling building market is bringing an abundance of short-term labor into Middle Tennessee, but it’s also luring in people who want to put down more permanent roots.

All-male nanny service eyeing Midstate

Mary Poppins he’s not. No flying umbrellas, no Oscar-winning musical numbers.

Local Weather
Today
Nashville, TN
80°F
Mostly Cloudy
Wind: 13 mph
Humidity: 81%

EVENTS

First Saturday Art Crawl. This event is typically held on the first Saturday of each month, but it will be held on Friday this month due to Let Freedom Sing! Music City July 4th Celebration. Art galleries throughout downtown host receptions and art openings every month. Most galleries serve free wine and other refreshments. Live music will be performed on platforms along 5th Avenue. Two free shuttles will circulate the route from 6 p.m.-10 p.m.

more events »

VIEW FROM THE HILL

Southern heritage defined differently across Tennessee

Tennessee’s loyalty was divided in the Civil War, and 150 years later, little is changed as the debate over Confederate symbols arises in the wake of the racist-fueled South Carolina church massacre.

REALTY CHECK

Buying a house? Here’s 12 things you must do

Anyone buying any home anywhere should have a checklist of things to do. In this area, there are several.

REAL ESTATE

$1M-plus Middle Tennessee residential real estate transactions for 2015

2015 $1 million-plus residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

Average US rate on 30-year mortgage rises to 4.08 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week, reaching high levels for the year.

NEWSMAKERS

Uniguest names Morgan chief executive officer

Uniguest, a provider of secure managed technology services, has announced the appointment of Joseph P. Morgan, Jr. as chief executive officer, effective July 6, 2015.

BEHIND THE WHEEL

2015 Kia Sedona: Longer, roomier, more comfy

Kia’s new, first-class lounge seats might just be the way to make a minivan more appealing.

BUSINESS BOOK REVIEW

This ‘Change’ worth stopping to pick up

Find a penny, pick it up. Words of advice from your grandfather, for whom a penny was worth bending over.

GUERRILLA MARKETING

How to use LinkedIn to drive brand loyalty

LinkedIn, the world’s largest social media platform specifically targeting the business community, has grown to roughly 350 million users in 2015, according to Statista.

CAREER CORNER

‘Underqualified’ for a job? That shouldn’t stop you

If you’re like most people, there was a time in life when you were underqualified for a job. This is typically the case when you apply for your first job. It can also happen when you make a big career change midstream and have to start over.

I SWEAR

One Davidson grads revels in another’s success

When NBA MVP Stephen (pronounced Steff’n) Curry was in high school, he attended a basketball camp sponsored by LeBron James. The first time LeBron saw Steph, however, was in March 2008.

KAY'S COOKING CORNER

Walking on the greener side of the fence

I’ve amped up my walking recently. I’m trying to combat the middle-age spread and couch-potato effect the long and cruel winter and the wetter than normal spring have impaled on my body.

MUSIC INDUSTRY

USPS to offer Elvis Presley greatest hits CD with stamp

NASHVILLE (AP) — The U.S. Postal Service is offering an Elvis Presley greatest hits CD to go along with a new commemorative stamp.

MIDSTATE

State finds several problems at Rutherford County jail

MURFREESBORO (AP) — State inspectors have found several problems at Rutherford County's Adult Detention Center.

COURTS

3 Supreme Court justices maintain substantial stock holdings

WASHINGTON (AP) — New personal financial disclosures from the Supreme Court show that Chief Justice John Roberts and two other justices are maintaining significant investments in individual companies' stock.

AUTO INDUSTRY

Top US auto safety regulator says Chrysler to face sanctions

WASHINGTON (AP) — The chief U.S. auto safety regulator says Fiat Chrysler will face sanctions for violating safety laws in multiple recalls.

Ford recalls 432K cars because of software problem

NEW YORK (AP) — Ford is recalling 432,000 Focus, C-Max and Escape vehicles because of a software problem that could keep their engines running after drivers try to shut them down.

NATIONAL/INTERNATIONAL BUSINESS

US stocks lower after mixed US jobs report, Greek fears

NEW YORK (AP) — U.S. stocks are ending slightly lower as investors reacted to news that Greece's finances are deteriorating and a mixed report on the job market.

The case for Greece: when it forgave Germany's debt

LONDON (AP) — Forgiving debt, if done right, can get an economy back on its feet.

US unemployment falls to 7-year low, but wages are flat

WASHINGTON (AP) — U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge.

Unemployment rate for black Americans at 7-year low

WASHINGTON (AP) — Black Americans made strides in the job market in June, with their unemployment rate reaching its lowest level in seven years.