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VOL. 36 | NO. 44 | Friday, November 02, 2012

SoBro developers find ‘religion’

First Baptist looking at options, including a convention hotel, while Methodists giving way to creative business district

The SoBro area south of downtown Nashville has long been touted by city leaders and developers as the next new thing. Its clout has grown as high-profile projects have come online over the years, including the Country Music Hall of Fame, Schermerhorn Symphony Center, the Pinnacle at Symphony Place office tower and Encore condominiums.

Fifth Avenue makeover to expand lively arts scene

When Jeffrey Rymer moved his art gallery to Fifth Avenue five years ago he wanted to be a part of building the visual arts scene on the downtown Nashville street from the ground up.

Peer to peer: Catalyst program helps area entrepreneurs thrive

When building a business from scratch, no one will ever love and care for that business that way you do.

Houses of worship help with job search

Neil Lambert looks at 20 to 50 resumes a week. As director of non-hospital related recruiting for the gargantuan HCA Healthcare, he helps make more than 3,000 hires a year.

Local Weather
Today
Nashville, TN
46°F
Mostly Cloudy
Wind: 3 mph
Humidity: 50%

EVENTS

Free Legal Seminars at People’s Law School. Today, “Paying for Nursing Home and Home Care.” This class provides information about how to get TennCare/Medicaid help for home and community-based services. Registration, Information: nashville.gov/ce, FaceBook.com/NashvilleCEC, Twitter at @NashvilleCEC, 298-8050, cecinfo@nashville.gov. Remaining session:

more events »

REALTY CHECK

Be wary of contractors with 20-20 hindsight

Suppose something in your house is broken, perhaps a commode, an HVAC (heating, ventilating, air conditioning, by the way), or maybe something electrical. So, you consult friends, Realtors and the Internet in order to remedy the situation.

TERRY McCORMICK

TSSAA playoff puzzle actually makes sense

To paraphrase Forrest Gump, the TSSAA playoffs are like a box of chocolates. You never know what you’re going to get.

NEWSMAKERS

Saint Thomas Health’s Littrell sets retirement

Saint Thomas Health has announced that long-time health care executive Wes Littrell will retire at the end of the calendar year. Littrell is the chief strategy officer for Saint Thomas Health and chief executive officer of Saint Thomas Health Affiliates.

GUERRILLA MARKETING

Facebook’s dirty little secret (and how to combat it)

According to last week’s earnings report, Facebook is fueling growing ad revenue.

SMART STUFF 4 WORK

Putting mental images to work for you

As it turns out, it appears that your brain does not know the difference in real or imagined events.

I SWEAR

‘At the end of the day,’ it’s all ‘first-rate blather’

Fresh off writing about Boren’s When in Doubt, Mumble, I see Joe Queenan’s article, Office jargon - where meaning goes to die, in The Rotarian magazine.

KAY'S COOKING CORNER

Kitchen tricks, tips learned over the years

This week, I have an article about useful kitchen tips that I hope will make your kitchen work and food preparation easier and faster.

STATEWIDE

Tennessee fungal meningitis cases increase to 80

NASHVILLE (AP) - The number of patients sickened in Tennessee by an outbreak of fungal meningitis has risen to 80, but the number of deaths in the state remained at 13.

DCS commissioner seeking more than $8M from state

NASHVILLE (AP) - The commissioner for the Tennessee Department of Children's Services is asking for more than $8 million to hire new staff and make other improvements to the agency that has been highly scrutinized over children's deaths.

MIDSTATE

Jack Daniel's helps troops go home for holidays

LYNCHBURG (AP) — For a second holiday season, the Jack Daniel Distillery in Lynchburg is donating more than $100,000 to help troops and their families travel during the holiday season and is asking the public to help support this campaign.

HEALTH CARE

Obama's health care overhaul turns into a sprint

WASHINGTON (AP) — Its place assured alongside Medicare and Medicaid, President Barack Obama's health care law is now in a sprint to the finish line, with just 11 months to go before millions of uninsured people can start signing up for coverage.

NATIONAL BUSINESS

Got Sauvignon? Amazon.com starts selling wine

NEW YORK (AP) — Amazon.com has added wine to the long list of products it sells through its online marketplace.

Weekly US jobless claims fall to 355K last week

WASHINGTON (AP) — The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.

Stocks slide on Wall Street, extending sell-off

NEW YORK (AP) — Stocks slid on Wall Street Thursday, a day after the Dow Jones industrial average logged its biggest one-day drop of the year, as investors fretted about the potential for gridlock in Washington.

Oil price steadies after year's biggest drop

The price of oil is above $85 per barrel, getting back a small part of the big losses from Wednesday.

Cuomo: NY superstorm damage could total $33B

NEW YORK (AP) — Damage in New York state from Superstorm Sandy could total $33 billion when all is said and done, Gov. Andrew Cuomo said Thursday as the state began cleaning up from a nor'easter that dumped snow, brought down power lines and left hundreds of thousands of new customers in darkness.

Sandy-torn northeast deals with more wind, snow

NEW YORK (AP) — Areas hardest hit by Superstorm Sandy are dealing with new outages after a nor'easter left a blanket of snow that snapped storm-weakened trees and downed power lines.

US trade deficit narrows to $41.5 billion

WASHINGTON (AP) — The U.S. trade deficit declined to the lowest level in almost two years as exports rose to a record high, a gain that is not expected to last given the global economic slowdown.

Average US rate on 30-year loan rises to 3.40 pct.

WASHINGTON (AP) — The average U.S. rate on the 30-year fixed mortgage was little changed this week, staying slightly above its record low. Cheaper mortgages are helping drive a modest housing recovery.

Fidelity: 401(k) average balance grows 4 pct in 3Q

BOSTON (AP) — Employee 401(k) accounts grew more than 4 percent in the third quarter as a rising stock market boosted investment returns, and contributions from workers and their employers increased.

McDonald's sales drop for first time since 2003

NEW YORK (AP) — McDonald's Corp. is having trouble stomaching the competition.

Wal-Mart raises stake for holiday season's start

NEW YORK (AP) — Attention frustrated Black Friday shoppers who can never grab that hot product: Wal-Mart is hoping to relieve some of that anxiety.

Wendy's loss widens amid turnaround push

NEW YORK (AP) — Wendy's says its net loss widened in the third quarter as it paid off debt, but noted that a key sales figure rose.

NATIONAL POLITICS

Obama, GOP leaders lay down markers on budget deal

WASHINGTON (AP) — Taking little time to celebrate, President Barack Obama is setting out to leverage his re-election into legislative success in an upcoming showdown with congressional Republicans over taxes, deficits and the impending "fiscal cliff." House Speaker John Boehner says Republicans are willing to consider some form of higher tax revenue as part of the solution — but only "under the right conditions."


WEDNESDAY, NOVEMBER 7
STATEWIDE

Democrats want to see pre-K expansion

NASHVILLE (AP) - Tennessee Democratic leaders said Wednesday that they plan to talk with Gov. Bill Haslam about expanding pre-kindergarten classes after the state's education commissioner said he doesn't plan to request funding for an expansion.

GOP gets supermajority in Tennessee Legislature

NASHVILLE (AP) — Tennessee Republicans secured a supermajority in both chambers of the Legislature in Tuesday's election, the first time that has happened since Reconstruction.

Key legislative races in Tennessee

NASHVILLE (AP) — Here's a list of vote margins in key legislative races in early returns in Tuesday's election in the Tennessee General Assembly.

Monitors report Tennessee voting snags but not over ID

MEMPHIS (AP) — Poll watchers in Memphis and Nashville reported many voting problems on Tuesday, but few had to do with Tennessee's new voter photo ID law.

Governor hearing department budget requests

NASHVILLE (AP) — Gov. Bill Haslam's state budget hearings continue in Nashville with presentations by officials for transportation, children's services and other departments.

MIDSTATE

DesJarlais re-elected despite abortion revelations

NASHVILLE (AP) — A Tennessee Republican congressman won re-election on Tuesday overcoming revelations that he once had an affair with a patient and urged her to get an abortion.

NASHVILLE AREA

Shaun White settles drunkenness, vandalism charges

NASHVILLE (AP) - Two-time Olympic gold medalist snowboarder Shaun White has reached a deal to settle public intoxication and vandalism charges in Nashville.

3 to address visions of the future

NASHVILLE (AP) — The future will be the focus at a Vanderbilt University seminar.

Guitars of the stars on display in Nashville

NASHVILLE (AP) — Legendary guitars will be on display at the Tennessee State Museum.

NATIONAL BUSINESS

Apple shares drop 20 percent from peak

NEW YORK (AP) — Apple's stock is falling along with a sell-off in the broader market.

Dow loses 313 in post-election sell-off

Wall Street greeted a second Obama term the way it greeted the first.

Oil falls to lowest level since July

The price of oil tumbled nearly 5 percent Wednesday, its biggest decline of the year, as traders shifted their focus back to the struggles of the global economy.

More student loans boost consumer credit $11.4B

WASHINGTON (AP) — Americans took out more student and auto loans in September to boost consumer borrowing to a record level. But they cut back on credit card borrowing, a sign many remain cautious about taking on high-interest debt.

Sandy-battered NYC, NJ prepare for new storm

NEW YORK (AP) — A nor'easter blustered into New York and Jersey on Wednesday, threatening to swamp homes all over again, plunge neighborhoods back into darkness and inflict more misery on tens of thousands of people still reeling from Superstorm Sandy.

With new storm pending, airlines take no chances

NEW YORK (AP) — Major airlines scrapped flights in and out of the New York area Wednesday as the region was socked with the second significant storm in little more than a week.

Kraft's profit rises as new products drive sales

NEW YORK (AP) — Kraft Foods' net income rose 13 percent in the third quarter, the food maker said Wednesday, as new products and increased advertising helped it top Wall Street expectations.

Macy's 3Q net income rises 4.3 pct, tops estimates

NEW YORK (AP) — Macy's posted a 4.3 percent increase in third-quarter net income, helped by the department store owner's efforts to tailor merchandise to local markets and bring in trendy exclusive brands.

Time Warner 3Q earnings beat Street, revenue short

NEW YORK (AP) — Time Warner said Wednesday that its third-quarter earnings grew 2 percent, as a strong performance in its cable television channels offset declines in the Warner Bros. movie business following the final Harry Potter movie last summer.

NATIONAL POLITICS

Top Democrat wants quick deal on 'fiscal cliff'

WASHINGTON (AP) — The top Democrat in Congress called Wednesday for a quick solution to Washington's "fiscal cliff" in an upcoming post-election session of Congress.

The economy Obama faces: Slow but gaining steadily

WASHINGTON (AP) — Some reward.

Analysis: Both sides see mandate, hard road ahead

WASHINGTON (AP) — President Barack Obama's re-election, coupled with Republicans' continued hold on the House, gives both parties a chance to rethink, and perhaps undo, the bitter partisanship that has gripped Washington for four years and frustrated Americans who see big problems going unsolved.


TUESDAY, NOVEMBER 6
AUTO INDUSTRY

Nissan profit rises 8 percent, cuts forecasts

TOKYO (AP) — Nissan's quarterly profit rose nearly 8 percent, but the Japanese automaker lowered its full-year forecasts Tuesday because of a sales slump in China and weakness in Europe.

China helps BMW offset European weakness in Q3

FRANKFURT, Germany (AP) — Strong sales of its luxury cars in China helped Germany's BMW AG overcome weak markets in crisis-ridden Europe.

NASHVILLE AREA

Cokesbury to close stores, move sales online

NASHVILLE (AP) - The United Methodist Publishing House will move all retail sales to its online portal and call centers, closing its Cokesbury bookstores.

Georgia man charged, caught with fake Titans tickets

NASHVILLE (AP) - Metro Nashville Police are holding a Decatur, Ga., man in jail after arresting him with phony Tennessee Titans tickets and $100 bills that appear counterfeit.

STATEWIDE

Tennessee voters speak about the election

NASHVILLE (AP) — Voters who cast ballots Tuesday or during Tennessee's 14-day early voting period talk about their selections and the general election.

State GOP poised for first super majority

NASHVILLE (AP) — Tennessee Republicans are poised to get their first super majority - or more - in both chambers of the Legislature on Tuesday.

MIDSTATE

DesJarlais only Tenn. congressman with tough race

NASHVILLE (AP) — Two years after upsetting the incumbent Democrat, U.S. Rep. Scott DesJarlais is the only Tennessee member of Congress facing a serious challenge in Tuesday's general election.

MUSIC INDUSTRY

Sammy Kershaw involved in tour bus accident

NASHVILLE (AP) — Country singer Sammy Kershaw is thankful to be alive after his tour bus was struck by another vehicle.

NATIONAL BUSINESS

Stocks rally as Americans head to the polls

NEW YORK (AP) — Stocks are closing sharply higher on Wall Street as Americans head to the polls in a closely fought U.S. presidential election.

Oil jumps as US picks a president

NEW YORK (AP) — The price of oil jumped the most in a month Tuesday as investors, along with voters across the country, awaited the results of the U.S. presidential election.

US employers post fewest jobs in 5 months

WASHINGTON (AP) — U.S. employers posted fewer job openings in September after advertising more in August than first estimated. The report suggests hiring will likely remain modest in the coming months.

Measure of US home prices rises most in 6 years

WASHINGTON (AP) — A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery.

Freddie Mac posts $2.9B net income for Q3

WASHINGTON (AP) — Mortgage giant Freddie Mac posted net income of $2.9 billion for the July-September quarter, its second straight profitable quarter.

How the stock market has performed on presidential election days

The U.S. stock market was closed on Election Day through the 1980 election. How it has performed on Election Day in the years since:

Housing, voting, power: Problems abound post-Sandy

NEW YORK (AP) — From trying to figure out where people would live to how they would be able to vote and when all the lights will finally come on, government officials are still facing multiple fronts in the efforts to recover from Superstorm Sandy. All that, and there's another storm coming.


MONDAY, NOVEMBER 5
STATEWIDE

Tennessee sees 13th death in meningitis outbreak

NASHVILLE (AP) - A 13th person has died in Tennessee in the deadly outbreak of fungal meningitis that has sickened more than 400 people around the country.

Haslam begins budget hearings on Election Day

NASHVILLE (AP) - Gov. Bill Haslam says he doesn't have any specific reason for beginning state budget hearings on Election Day.

Republicans play offense in Tennessee House races

NASHVILLE (AP) — Buoyed by overflowing campaign accounts, redrawn legislative districts and an unpopular Democratic president at the top of the ticket, Tennessee Republicans are expecting to add to their already considerable advantage in the state House on Tuesday.

AUTO INDUSTRY

GM gets new credit lines totaling $11B

DETROIT (AP) — General Motors says it has received $11 billion in credit lines from 35 financial institutions in 14 countries.

Toyota quarterly profit triples, raises forecast

TOKYO (AP) — Toyota's quarterly profit tripled, driven by a recovery from natural disasters, and the company raised its full-year earnings forecast Monday despite a sales slump in China.

NATIONAL BUSINESS

US service firms grow more slowly in October

WASHINGTON (AP) — U.S. service companies grew at a slightly slower pace in October than September because of a decline in new orders. But a measure of employment rose, indicating services firms hired more.

Stock market edges up a day ahead of election

NEW YORK (AP) — On the day before the U.S. presidential election, stock indexes managed slight gains in thin trading.

Oil price fluctuates near $85 ahead of US election

The price of oil is slightly higher as investors remain cautious ahead of the U.S. presidential election. They're also assessing how much demand for oil has dropped in the storm-stricken Northeast.

Apple sells 3M iPads after Mini launch

NEW YORK (AP) — Apple says it sold 3 million iPads of all kinds in the first three days it sold the new Mini model.

Netflix moves to block a hostile takeover

NEW YORK (AP) — Less than a week after activist investor Carl Icahn announced a 10 percent stake in Netflix, the online video company is moving to protect itself against hostile takeovers.

G-20 officials meet to discuss debt in Europe, US

MEXICO CITY (AP) — Finance ministers and central bank governors from the world's leading economies met in Mexico on Sunday amid growing fears over the global impact of Europe's debt crisis and the stalemate over a fiscal plan in the United States.

Humana posts lower 3rd qtr profit

LOUISVILLE, Ky. (AP) — Health insurer Humana Inc. said Monday that its third-quarter net income fell 4 percent as more premium dollars from its members went to pay for medical claims, offsetting continued growth in its lucrative Medicare Advantage business.


FRIDAY, NOVEMBER 2
MIDSTATE

After 26 years in the works, 840 highway complete

FRANKLIN (AP) - State officials say a 78-mile stretch of highway that loops south of Nashville and has taken 26 years to finish will ease traffic congestion and be a boost for the economy.

DesJarlais keeps low profile before vote next week

MURFREESBORO (AP) - Next week's election can't come soon enough for Republican Scott DesJarlais, the freshman Republican congressman whose campaign has been rocked by revelations he dated patients and once urged one of them to seek an abortion.

Haslam releases text message from DesJarlais

NASHVILLE (AP) — Gov. Bill Haslam's office has released a text message sent by U.S. Rep. Scott DesJarlais after details emerged about the congressman once urging a mistress to seek an abortion.

MUSIC INDUSTRY

Blake Shelton pulls off surprise win at CMAs

NASHVILLE (AP) — Winning the Country Music Association Awards' entertainer of the year is a top honor and always counted as a career high point. But for Blake Shelton it wasn't even the most memorable moment of an amazing Thursday night.

NASHVILLE AREA

Man who had AK-47 pistol in park appeals case

NASHVILLE (AP) - A man detained in a Nashville park with an AK-47-style pistol across his chest with a loaded 30-round clip is asking the U.S. Supreme Court to hear his case.

Waterbury Hospital finds partner in Nashville-based Vanguard

WATERBURY, Conn. (AP) — Waterbury Hospital has found a new partner after failing in its year-long effort to form a joint venture with Saint Mary's Hospital and a Texas-based company.

Legal Aid Society launches new initiative

NASHVILLE (AP) — The Legal Aid Society has launched a new initiative to help Tennessee homeowners dealing with foreclosure and mortgage rescue scams.

CDC: Tennessee meningitis cases increase to 75

NASHVILLE (AP) — The Centers for Disease Control and Prevention report that the number of fungal meningitis cases in Tennessee has increased by one to 75, including 11 deaths.

AUTO INDUSTRY

Most automakers report sales jumps despite storm; Nissan down

DETROIT (AP) — Most major automakers reported sales increases in October despite losing at least three days of business to the punishing rain and wind from Superstorm Sandy.

NATIONAL BUSINESS

US economy adds 171K jobs; rate rises to 7.9 pct.

WASHINGTON (AP) — U.S. employers added 171,000 jobs in October, and hiring was stronger in August and September than first thought. The solid job growth showed that the economy is strengthening slowly but consistently.

US factory orders rise 4.8 percent in September

WASHINGTON (AP) — U.S. companies boosted their orders for manufactured goods by the largest amount in 18 months in September, but companies remained cautious in ordering goods that signal plans to expand and modernize.

Stocks give up an early gain; storm sinks insurers

Enthusiasm about a solid October jobs report quickly faded on Wall Street Friday. Stocks drifted lower as companies began to assess the potential costs of Superstorm Sandy.

Oil falls on storm-related supply concerns

NEW YORK (AP) — Oil fell Friday as two Northeast refineries remain shuttered. That inability to make diesel and gasoline, combined with lower demand in the storm-stricken region, has raised concerns that already ample supplies of oil will get bigger.

Restoration Hardware climbs in public debut

NEW YORK (AP) — Shares of Restoration Hardware are up 29 percent in its public debut on the New York Stock Exchange.

Long lines, rising tempers seen at gas stations

NEW YORK (AP) — Motorists fumed in long lines at gas stations around the metropolitan area and screamed at each other Friday morning as fuel shortages hindered the region's efforts to recover four days after Superstorm Sandy.

Consumers give US economy a lift before election

WASHINGTON (AP) — A flurry of data issued Thursday sketched a brightening view of the U.S. economy in the final days before a presidential election that will pivot on the strength of the recovery.

US consumer confidence at highest since Feb. 2008

WASHINGTON (AP) — Americans' confidence in the economy surged last month to the highest level in nearly five years, as many were encouraged by an improving job market.

Retailers' gains in October could hurt holidays

NEW YORK (AP) — Americans spent briskly in October before Superstorm Sandy hit the Northeast on the tail-end of the month. But the question is whether they're still willing to buy an iPhone for Christmas if they plunked down hundreds on a generator for Sandy?

Martha Stewart downsizes magazines, to cut jobs

NEW YORK (AP) — Martha Stewart Living Omnimedia Inc. is downsizing its magazines and will cut publishing jobs as it increasingly focuses on online video and other digital content.

Schilling calls suit political, denies wrongdoing

PROVIDENCE, R.I. (AP) — Former Red Sox pitcher Curt Schilling on Friday called a lawsuit brought against him by Rhode Island economic development officials "political" and denied wrongdoing in connection with a $75 million state loan guarantee the state gave his failed video game company, 38 Studios.

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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