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VOL. 37 | NO. 4 | Friday, January 25, 2013

Feeding the appetite of the year-round fan

Recruiting websites with Brentwood roots make their fortunes tracking teen stars

If you thought the college football season ended with Alabama’s 42-14 thumping of Notre Dame on Jan. 7, think again.

Experts offer opinions on sports recruiting sites

Sports recruiting websites are a passion for fans, but some experts believe they may not be good for the students athletes. Experts who study the business and socialogy of sports offer their opinions: 

Recruiting sites by the numbers

Some surprising numbers about the top three major recruiting websites:

Will success finally find Gallatin Pike?

East Nashville’s newest hotspot, Shoppes on Fatherland, a $1.2 million retail district housing a variety of hip startups, adds to the growing list of bustling business districts at four-ways stops within the trendy neighborhoods near the Gallatin Pike Corridor.

Gigi’s icing: $33M in revenues in 5 years

About five years ago, Gina Butler started Gigi’s Cupcakes on Music Row with $33 in the bank.

Local Weather
Today
Nashville, TN
35°F
Cloudy
Wind: 8 mph
Humidity: 85%

EVENTS

Go Red For Women! Friday marks the 10th annual National Wear Red Day and the 10th year of the American Heart Association’s Go Red For Women movement, working to save women’s lives from their No. 1 killer, heart disease. On National Wear Red Day, buildings, streets, companies, homes and individuals will be dressed in red across the country to mark women’s fight against heart disease. Landmarks such as Niagara Falls and the Epcot Ball at Epcot Center will be lit in red. Information: facebook.com/AHAGreaterNashville).

more events »

Cupcake Collection takes challenge to streets

She’s an incredibly sweet woman (pun intended), but The Cupcake Collection founder Mignon Francois is also a fighter.

LEGISLATIVE PROFILE

Harwell: Expansion of gun rights not a ‘high priority’

Tennessee House Speaker Beth Harwell today sits at the pinnacle of legislative power, overseeing a House Republican majority of better than 2-1.

REALTY CHECK

Is your home, schedule ready for senior care?

We’re not getting any younger, and no one knows that better than Steve Mathews.

NEWSMAKERS

Dodson honored with Tune public service award

The Nashville Bar Association has named Harlan Dodson, a partner and founder of the Nashville law firm Dodson Parker Behm & Capparella, PC, recipient of the John C. Tune Public Service Award.

BUSINESS BOOK REVIEW

Mean Girls: Post-graduate cruelty

Seventh Grade was a long time ago.

GUERRILLA MARKETING

Really? You thought it was a good idea?

Despite their considerable marketing budgets and extensive teams, some of the world’s most well-known brands made significant marketing missteps in 2012. Learn from these epic fails to protect your brand.

SMART STUFF 4 WORK

Changing a behavior takes time, dedication

For most of you, it’s about that time of the year again. It’s about the time that you have completely abandoned all those New Year’s resolutions you felt so strongly about a few weeks ago.

I SWEAR

Judge finds solution for juvenile’s late-night antics

Russell was screaming at the top of his lungs. Whisked quickly to a distant room, he continued his vocal displeasure. The wailing persisted through the first necessary task. It showed no sign of abatement.

KAY'S COOKING CORNER

A resolution to kick convenience to curb

I usually don’t make New Year’s resolutions, but not because I think I don’t need to change anything in my life, especially my eating habits.

STATE LEGISLATURE

Supermarket wine bill excludes high-alcohol beer

NASHVILLE (AP) - A proposal to allow supermarkets and convenience stores to stock wine would continue to limit sales of high-alcohol beer and fortified wines to liquor stores.

NASHVILLE AREA

Nashville DA says grand jury foreman was felon

NASHVILLE (AP) - Nashville's top prosecutor says he is expecting a flood of appeals because a 2011 grand jury foreman was a felon.

Dutch masters exhibit at Nashville's Frist Center

NASHVILLE (AP) — The art of Rembrandt and other Dutch masters is going on display at Nashville's Frist Center for the Visual Arts.

AUTO INDUSTRY

Honda profit surges, trims forecast on China

TOKYO (AP) — Honda's quarterly profit surged nearly 63 percent as production recovered after disruptions from natural disasters, but the Japanese automaker slightly lowered its full-year profit forecast because of sales losses in China.

GM taps VW exec to run troubled Opel unit

FRANKFURT, Germany (AP) — General Motors has named the former head of Volkswagen's China business to head Opel, its unprofitable European arm.

NATIONAL BUSINESS

US rate on 30-year mortgage rises to 3.53 pct.

WASHINGTON (AP) — The average U.S. rate on the 30-year fixed mortgage rose this week to its highest level in four months but remains low by historical standards.

Hostess picks lead bidders for Twinkies

NEW YORK (AP) — Hostess has picked a lead bidder for its famous Twinkies. The bankrupt company said late Wednesday that it has selected a joint offer from two investment firms — C. Dean Metropoulos & Co. and Apollo Global Management LLC — as the lead bid for its Twinkies and other snack cakes.

Weekly US jobless aid applications rise to 368K

WASHINGTON (AP) — The number of Americans seeking unemployment aid rose sharply last week but remained at a level consistent with moderate hiring.

US consumer spending up slight 0.2 percent

WASHINGTON (AP) — U.S. consumers increased their spending in December at a slower pace, while their income grew by the largest amount in eight years. Income surged because companies rushed to pay dividends before income taxes increased on high-earners.

Dow edges lower, still headed for stellar January

NEW YORK (AP) — The Dow drifted lower Thursday, but stayed on track for its best start to the year in more than two decades.

Oil falls on US unemployment claims data

The price of oil fell near $97 a barrel Thursday as unemployment claims rose more than expected.

Pension charge pushes UPS 4Q results into the red

DALLAS (AP) — United Parcel Service Inc. says it was slowed down in the fourth quarter by weak global trade and a disappointing holiday-shopping season.

NATIONAL POLITICS

Senate to clear debt limit increase for Obama

WASHINGTON (AP) — The Senate Thursday took up must-do legislation to permit the government to borrow hundreds of billions of dollars more to meet its obligations, putting off one Washington showdown even as others loom in coming weeks.


WEDNESDAY, JANUARY 30
STATE LEGISLATURE

Brewers call for freezing Tennessee beer taxes

NASHVILLE (AP) - The brewing industry wants Tennessee lawmakers to declare last call on the state's ballooning beer taxes.

STATEWIDE

Haslam proposes capping online school enrollment

NASHVILLE (AP) — Some Democratic lawmakers say they support a proposal by Gov. Bill Haslam that would place stricter enrollment requirements on online public schools established in Tennessee.

New hotline offers free legal help in civil issues

NASHVILLE (AP) — A coalition of Tennessee legal groups is launching a toll-free phone line offering free legal information for civil issues.

NASHVILLE AREA

Gore hits corporate media, defends Current TV sale

NASHVILLE (AP) — Al Gore, who takes aim in his new book at the corporate media for "suffocating the free flow of ideas," on Tuesday defended the sale of his television channel to Al-Jazeera.

AUTO INDUSTRY

New auto training center would be boon to school

MURFREESBORO (AP) - The Tennessee Technology Center in Murfreesboro would become a big player in automotive training if the legislature approves a proposal by Gov. Bill Haslam.

Union backers say Nissan threatens plant closure

JACKSON, Miss. (AP) — Pro-union workers said Tuesday that Nissan Motor Co. has threatened to close its Canton assembly plant if workers vote for the United Auto Workers to represent them, though the company denies such threats.

Chrysler's plan for new cars and trucks

An Alfa Romeo sports car and a Jeep Grand Cherokee update are two of the splashier models Chrysler plans to roll out by 2015. The No. 3 U.S. automaker unveiled its list of upcoming cars and truck on Wednesday. Others include:

Chrysler profit jumps on higher sales

DETROIT (AP) — Just three years out of bankruptcy, Chrysler posted a $1.7 billion profit in 2012 and said it expects to earn more than $2 billion this year.

Toyota recalls 1.29M vehicles for air bags, wipers

TOKYO (AP) — Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.

NATIONAL BUSINESS

Time cuts around 500 people, 6% of workforce

NEW YORK (AP) — Time Inc., the magazine unit of Time Warner Inc., says it is cutting 6 percent of its global staff of 8,000, or about 500 people.

New BlackBerrys coming to UK, Canada in next week

NEW YORK (AP) — A new generation of more versatile BlackBerry smartphones is finally about to hit the market after excruciating delays allowed mobile devices made by Apple, Samsung and others to build commanding leads in a market that is redefining society.

Fed cites "pause" in growth, keeps up stimulus

WASHINGTON (AP) — The Federal Reserve said Wednesday that the U.S. economy "paused" in recent months because of temporary factors and reaffirmed its commitment to try to stimulate growth by keeping borrowing cheap for the foreseeable future.

Private job survey shows stronger job hiring

WASHINGTON (AP) — A private survey shows U.S. businesses increased hiring in January compared with a revised December reading.

Watchdog says taxpayers may lose $27B in bailout

WASHINGTON (AP) — A government watchdog says U.S. taxpayers stand to lose $27 billion from the 2008 financial bailout, up from an estimate of $22 billion made in the fall.

Stocks close lower after economy report

NEW YORK (AP) — Stocks closed lower after a report that showed the U.S. economy unexpectedly contracted in the fourth quarter, putting the brakes on a January rally that has pushed stocks toward record levels.

Oil rises ahead of the release of US indicators

Oil prices rose to near $98 a barrel on Wednesday ahead of the release of more U.S. economic indicators and the conclusion of a meeting of U.S. Federal Reserve policymakers.

Boeing focuses on 787 fix; 4Q profit tops estimate

Boeing says its top priority this year is to fix the battery problems that grounded its 787.

NATIONAL POLITICS

GOP lawmakers see automatic cuts as leverage

WASHINGTON (AP) — Driven by frustration over deficits and debt, Republican conservatives are pushing a politically risky move to permit painfully large automatic spending cuts to strike the Pentagon and domestic programs alike in an effort to force Democrats into making concessions on the budget.


TUESDAY, JANUARY 29
NASHVILLE AREA

Bredesen criticizes tax rates on small businesses

NASHVILLE (AP) - Former Democratic Gov. Phil Bredesen says small businesses suffer an unfairly high tax rate because they don't have powerful lobbyists to fight for loopholes.

STATEWIDE

Secretary of state warns of business scam

NASHVILLE (AP) — The secretary of state's office is warning businesses about letters asking for money to file their annual reports.

Haslam, state officials hold school safety summit

FRANKLIN (AP) - Gov. Bill Haslam told participants in a school safety summit on Tuesday that the state is committed to doing what it can to provide better security at Tennessee schools.

Haslam budget proposal includes DCS staff shake-up

NASHVILLE (AP) — Gov. Bill Haslam on Monday presented a $32.7 billion annual spending plan to lawmakers that includes a staffing shake-up at the troubled Department of Children's Services, a heavy investment in construction projects around the state and a large deposit into the state's cash savings fund.

AUTO INDUSTRY

Ford earns $1.6B in 4Q, tops Wall Street forecast

DEARBORN, Mich. (AP) — Ford earned $1.6 billion in the fourth quarter as sales rose in every region outside Europe.

NATIONAL BUSINESS

Amazon.com posts lower 4Q net income

SEATTLE (AP) — Amazon.com says its fourth-quarter net income fell 45 percent, as higher revenue failed to keep pace with increased spending on order fulfillment and digital content.

Judge OKs $4B BP oil spill criminal settlement

NEW ORLEANS (AP) — A federal judge on Tuesday approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 rig explosion and oil spill in the Gulf of Mexico.

US consumer confidence plunges on higher taxes

WASHINGTON (AP) — U.S. consumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay.

US home prices accelerate in November

WASHINGTON (AP) — U.S. home prices accelerated in November compared with a year ago, pushed higher by rising sales and a tighter supply of available homes.

Stocks advance, pushing Dow toward 14,000

NEW YORK (AP) — Pfizer helped keep the stock market rally alive Tuesday. The drugmaker's stock gained after posting strong earnings, pushing the Dow closer to 14,000.

Oil jumps above $97 with economy in focus

NEW YORK (AP) — The price of oil climbed above $97 a barrel Tuesday for the first time in four months, and analysts said it could go higher if upcoming reports on jobs and U.S. economic growth are positive.

Microsoft retools Office for touch screen, Web use

SAN FRANCISCO (AP) — Microsoft's retooled version of its Office software is hitting the market as the company tries to extend one of its key franchises beyond personal computers.

Fed likely to stick to low-rate message this week

WASHINGTON (AP) — When the Federal Reserve meets this week, it's likely to affirm a message it intends to help lift the economy: that consumers and businesses will be able to borrow cheaply well into the future — even after unemployment has dropped sharply.

NATIONAL POLITICS

Obama says he'll sign $50.5B Sandy aid bill soon

WASHINGTON (AP) — President Barack Obama said he'll sign a $50.5 billion emergency relief measure for Superstorm Sandy victims as soon as it lands on his desk.

Report: States force jobless to pay needless fees

WASHINGTON (AP) — Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to get the money through bank-issued payment cards, according to a new report from a consumer group.


MONDAY, JANUARY 28
STATE LEGISLATURE

Tennessee prosecutors outline legislative agenda

NASHVILLE (AP) — Tennessee prosecutors are pushing for changes to the law that they say will aid the prosecution of serial child sexual abusers.

Haslam to present annual budget plan tonight

NASHVILLE (AP) — Gov. Bill Haslam is preparing to deliver his annual budget proposal to Tennessee lawmakers on Monday evening.

Critics: Give stores time to adjust to wine bill

NASHVILLE (AP) — Skeptics of a proposal to allow wine to be sold in Tennessee supermarkets and convenience stores say any change in current law should be deferred for several years to give liquor store owners time to adjust to the new competition.

STATEWIDE

No Medicaid decision in Haslam budget address

NASHVILLE (AP) - Republican Gov. Bill Haslam said his annual State of the State address on Monday won't include a decision on whether Tennessee should expand eligibility to Medicaid.

Auditors fault 3 state agencies on film incentives

NASHVILLE (AP) - State auditors say they have serious concerns about oversight of the state film incentives programs.

35,000 downloads and counting for new TDOT app

NASHVILLE (AP) — The Tennessee Department of Transportation says more than 35,000 people have downloaded the department's SmartWay Mobile App. The application was launched in late December and is available for both Apple and Android devices.

Unemployment recipients can get tax info online

NASHVILLE (AP) — People who got state unemployment benefits last year can access online the forms they need for income tax purposes.

MIDSTATE

Franklin alderman wants to allow guns at City Hall

FRANKLIN (AP) — An alderman in Franklin wants to loosen city restrictions so people could carry guns into City Hall and other municipal buildings.

Cracker Barrel to sell its products in groceries

LEBANON (AP) — Cracker Barrel plans to begin selling its some of its products in grocery stores.

AUTO INDUSTRY

Nissan, Ford, Daimler to research hydrogen cars

DETROIT (AP) — Ford is joining with Daimler and Renault-Nissan to speed development of cars that run on hydrogen, with hopes of bringing a vehicle to market in as little as four years.

Toyota leads industry with nearly 9.75M vehicles sold last year

TOKYO (AP) — Now it's official: Toyota is once again the world's top automaker.

NATIONAL BUSINESS

US stocks close mixed on uneven economic signals

U.S. stocks meandered between small gains and losses Monday, cooling off after a rally that had pushed the Standard & Poor's 500 index above 1,500 for the first time since December 2007. Encouraging news about manufacturing provided an early boost, but stocks fell later after a report on the pace of home sales fell short of expectations.

Oil slightly higher after mixed economic reports

NEW YORK (AP) — The price of oil rose Monday after a strong durable goods report in the U.S.

Hostess picks Little Debbie maker for Drake's

NEW YORK (AP) — Hostess has picked the maker of Little Debbie as the lead bidder to buy its Drake's cakes.

Barnes & Noble exec plans more store closings

NEW YORK (AP) — Barnes & Noble plans to continue to shrink its store base.

Tight inventory slows US pending home sales

WASHINGTON (AP) — A measure of Americans who signed contracts to buy homes fell last month after reaching a 2 ½-year high in November. Sales were held back by a limited supply of available homes.

Economists growing more upbeat about year ahead

NEW YORK (AP) — Economists are increasingly, but still cautiously, optimistic about growth in the year ahead with the hiring expected to pick up in coming months.

US durable goods orders rise 4.6 pct. on aircraft

WASHINGTON (AP) — U.S. demand for long-lasting manufactured goods rose sharply in December, helped by a strong gain in volatile aircraft orders. But companies slowed orders for computers and other goods that signal investment plans, indicating manufacturing will stay weak in 2013.

Apple updates iPhone, iPad software

NEW YORK (AP) — Apple has released a software update for iPhones and iPads that speeds up data downloads on some major overseas telecom networks and a handful of small U.S. carriers.

Crucial, long-overdue BlackBerry makeover arrives

TORONTO (AP) — The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company.

They're back: J. C. Penney adds sales

NEW YORK (AP) — J.C. Penney is bringing back sales.

Caterpillar 4Q profits cut in half; 2013 uncertain

MINNEAPOLIS (AP) — Caterpillar's fourth-quarter profit was cut in half by a deal in China that went bad and by slower growth around most of the world. It said results for this year depend on how the global economy behaves in the second half.

NATIONAL POLITICS

Senators reach agreement on immigration reform

WASHINGTON (AP) — A bipartisan group of leading senators has reached agreement on the principles for a sweeping overhaul of the nation's immigration laws, including a path to citizenship for the 11 million illegal immigrants already in this country.


FRIDAY, JANUARY 25
STATE LEGISLATURE

Proposed law change would give state final say

NASHVILLE (AP) — A Memphis state representative is proposing a change in the so-called parent trigger education law that would give the state final approval.

Freshman lawmaker: Block expanded Medicaid in Tenn

NASHVILLE (AP) - Freshman state Rep. Jeremy Durham has filed a House bill seeking to block Tennessee from expanding Medicaid under the federal health care overhaul.

STATEWIDE

Pinnacle Airlines is leaving Memphis for Minnesota

MINNEAPOLIS (AP) — Pinnacle Airlines plans to move its headquarters and a few hundred jobs to Minneapolis from Memphis, Tenn.

COURTS

Tennessee Supreme Court says Reid not proven incompetent

NASHVILLE (AP) - The Tennessee Supreme Court has ruled that family and legal advocates for a man convicted of killing seven people in a series of robberies in Nashville and Clarksville in 1997 cannot continue to appeal his convictions against his wishes.

NATIONAL BUSINESS

Exxon passes Apple as most valuable company

NEW YORK (AP) — Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter.

US new-home sales fell in December; 2012 best year since 2009

WASHINGTON (AP) — Sales of new U.S. homes cooled off in December compared with November, but sales for the entire year were the best since 2009.

S&P 500 in longest winning streak since 2004

NEW YORK (AP) — The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.

Oil edges above $96 despite growing stockpiles

The price of oil edged above $96 per barrel Friday despite ample stockpiles of crude amid signs of growth in the world's two largest economies.

Will smart machines create a world without work?

WASHINGTON (AP) — They seem right out of a Hollywood fantasy, and they are: Cars that drive themselves have appeared in movies like "I, Robot" and the television show "Knight Rider."

Economist: Euro crisis could erupt again this year

DAVOS, Switzerland (AP) — Is the euro crisis over? A leading U.S. economist says not by a long shot.

Netflix stocks soars 41 pct after strong 4Q report

SAN FRANCISCO (AP) — Netflix's rollercoaster ride on Wall Street surged to new heights Thursday.

Top white-collar crime prosecutor to lead SEC

WASHINGTON (AP) — President Barack Obama on Thursday nominated Mary Jo White, a former U.S. attorney who built a reputation prosecuting white-collar criminals, terrorists and mobsters, to lead the Securities and Exchange Commission. The agency has a lead role in implementing changes on Wall Street.

NATIONAL POLITICS

Buoyed by Obama, leaders press for climate action

DAVOS, Switzerland (AP) — Hurricanes, floods, droughts and a newly climate-conscious Barack Obama are helping boost efforts around the world to fight climate change.

Cameron: I don't want a country called Europe

DAVOS, Switzerland (AP) — British Prime Minister David Cameron wants nothing to do with a United States of Europe, an idea that's gaining currency as the countries that use the euro struggle to fix their debt crisis.

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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