VOL. 37 | NO. 27 | Friday, July 05, 2013
Nothing says love like a care package. Ask any kid who has ever been to sleep-away camp. Ask any lonesome young professional in that job far from home.
One primary indicator of economic growth in any community is schools. And it’s no different in Clarksville and Montgomery County.
In residential real estate, the houses speak to the buyers and the buyers listen and buy them. Or they run screaming into the safety of the Realtor’s car.
A look at Davidson County’s top lenders based on total number of all loans, commercial and residential.
The American Advertising Federation’s Nashville chapter will recognize Jim Sherraden, master printer at Hatch Show Print, as the recipient of the 2013 Silver Medal, the organization’s highest individual recognition.
BUSINESS BOOK REVIEW
The boss is out again today, probably golfing with his associates.
Linguistics is the study of human language. Since a sales pitch is essentially just a conversation between two people, those with a deep understanding of the nuances behind the spoken word – or linguistics – will find more success in the sales profession.
SMART STUFF 4 WORK
Early in his book “Happiness Hypothesis,” Jonathan Haidt states that the mind is divided into separate parts that sometimes work against each other. “Like a rider on an elephant, the conscious, reasoning part of the mind has only limited control of what the elephant does.”
BELLAGIO, ITALY – They don’t want you to nap too long in this town. Church bells ring about every seven and a-half minutes, starting at 7:30. Chiming and chiding, they seem to say, “You’ve slept long enough.” (Good thing I don’t believe in jet lag. Who needs that third hour of sleep anyway?)
KAY'S COOKING CORNER
This week, Americans everywhere celebrated the Fourth of July in all of its sparkling, bang-up glory.
NASHVILLE (AP) — Country music stars and fans joined together to urge prayers for Randy Travis overnight as he recovered from brain surgery following a stroke at a Texas hospital.
NASHVILLE (AP) — Darius Rucker's surprise invitation to become a member of the Grand Ole Opry is a moment he says he will always cherish — and now fans will be able to share the experience with him over and over again.
NASHVILLE (AP) — Tennessee State University is putting on a small farm demonstration day this month.
NASHVILLE (AP) - A former Fort Campbell inspector whose job was to investigate misconduct has been accused of stealing the identities of Army personnel, including a soldier killed in combat, in a scheme to obtain thousands of dollars in bank loans.
BEIJING (AP) — China plans to increase the number of cities that restrict vehicle purchases in a bid to fight pollution and traffic congestion, state media reported Thursday.
CHICAGO (AP) — Drew Miller clearly remembers the day his father was laid off.
NEW YORK (AP) — Call it the Bernanke Boost.
WASHINGTON (AP) — The average U.S. rate on the 30-year fixed mortgage rose this week to 4.51 percent, a two-year high. Rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.
NEW YORK (AP) — June sales heated up for stores.
WASHINGTON (AP) — U.S. unemployment benefit applications rose 16,000 last week to a seasonally adjusted 360,000, although the level remains consistent with steady hiring.
NEW YORK (AP) — Microsoft Corp. is reshuffling its business in an attempt to promote faster innovation and a sharper focus on devices and services. The move by the world's largest software maker comes amid lukewarm response to the latest version of its flagship Windows operating system and a steady decline in demand for PCs as people turn to tablets and other mobile gadgets.
WASHINGTON (AP) — Chairman Ben Bernanke said Wednesday that the U.S. economy still needs help from the Federal Reserve's low interest rate policies.
The price of oil fell back below $106 a barrel Thursday after a report from the International Energy Agency said oil supplies would exceed the expected rise demand in 2014, partly on the back of growing production in North America.
LOS ANGELES (AP) — Fewer U.S. homes entered the foreclosure process or were repossessed by banks in June, the latest sign that the nation is shaking off its housing bust hangover.
WASHINGTON (AP) — House Republican leaders bruised by the defeat of a massive farm bill last month are working to quickly revive the measure with a vote on a pared-down version that avoids an immediate showdown on food stamp cuts.
WASHINGTON (AP) — House Republicans are embracing a step-by-step approach to immigration, in contrast to the sweeping plan passed by the Senate and backed by the White House. But they're offering neither specifics nor a timetable — nor any mention of possible citizenship for an estimated 11 million immigrants living in the country unlawfully.
WASHINGTON (AP) — An emerging deal to lower interest rates on student loans took shape Thursday, offering Democrats promises that interest rates would not reach 10 percent and giving Republicans a link between borrowing terms and the financial markets.
WEDNESDAY, JULY 10
NASHVILLE (AP) - Country music star Randy Travis is showing signs of improvement but remains in critical condition with congestive heart failure because of a viral illness, doctors said Wednesday.
BEIJING (AP) — China's auto sales growth held steady in June and Japanese brands rebounded from a slump despite a credit crunch and slowing economic growth.
NEW YORK (AP) — Apple Inc. conspired with publishers to raise electronic book prices, a federal judge ruled Wednesday, saying the evidence left no doubt that the computer maker broke antitrust laws.
NEW YORK (AP) — Stocks are closing mostly higher on Wall Street as a brief afternoon rally deflated.
WASHINGTON (AP) — Federal Reserve officials seem far from a consensus on the question that's consumed investors for months:
WASHINGTON (AP) — Federal Reserve officials seem far from a consensus on the question that's consumed investors for months: When will the Fed slow its bond purchases?
NEW YORK (AP) — Billionaire investor Carl Icahn says he will ask a Delaware judge to assess whether a proposed $24.4 billion acquisition of Dell represents a fair price for the struggling personal computer. It is Icahn's latest attempt to wrangle a higher offer from buyout group that includes company CEO Michael Dell.
WASHINGTON (AP) — For the first time, hedge funds will be allowed to advertise to the general public under a rule adopted Wednesday by federal regulators.
WASHINGTON (AP) — U.S. wholesalers cut back on restocking in May even as sales rose, indicating economic growth could pick up later this year as they rebuild their stockpiles.
NEW YORK (AP) — The price of oil rose 2 percent Wednesday as the U.S. government reported another steep decline in the nation's supplies of oil and gasoline.
CHICAGO (AP) — Tribune Co. said Wednesday that it wants to split its broadcasting and publishing businesses into two companies.
WATERLOO, Ontario (AP) — Research In Motion CEO Thorsten Heins pleaded for patience Tuesday as the company faces questions about its growth and survival.
WASHINGTON (AP) — House Republicans on Wednesday confronted the politically volatile issue of immigration, their ranks divided and their way forward unclear even as national GOP leaders pressured them to act.
WASHINGTON (AP) — How much are your private conversations worth to the government? Turns out, it can be a lot, depending on the technology.
WASHINGTON (AP) — Senate Democrats on Wednesday failed to restore lower interest rates on student loans, again coming up short and perhaps signaling that undergraduates might really face rates twice as high as the ones they enjoyed last year.
TUESDAY, JULY 9
NASHVILLE (AP) - Jim Foglesong, a record label executive and music producer who helped launch Garth Brooks' career and was inducted into the Country Music Hall of Fame, died Tuesday. He was 90.
NASHVILLE (AP) - Country singer Randy Travis remained in critical condition Tuesday in a Texas hospital after doctors inserted a device to stabilize his weakened heart.
NEW YORK (AP) — Kroger, already the country's largest traditional supermarket operator, is expanding its reach in key southeastern and mid-Atlantic states by snapping up regional grocer Harris Teeter Supermarkets Inc.
NASHVILLE (AP) — The parent company of Hoover has purchased Nashville-based vacuum maker Oreck Corporation at a bankruptcy auction.
NASHVILLE (AP) — An adult online degree program promoted by Gov. Bill Haslam opens Tuesday in Tennessee.
NASHVILLE (AP) — The Tennessee Highway Patrol says traffic fatalities on state roadways have declined nearly 14 percent for the first six months of 2013, compared with the same period last year.
DETROIT (AP) — U.S. safety regulators may add nearly 5,000 cars to a recall of the Chevrolet Malibu Eco, Buick LaCrosse and Buick Regal sedans.
CHONGQING, China (AP) — Dave Schoch has one of the toughest jobs at Ford Motor Co.: catching the competition in the world's biggest car market.
WASHINGTON (AP) — Some smokers trying to get coverage next year under President Barack Obama's health care law may get a break from tobacco-use penalties that could have made their premiums unaffordable.
WASHINGTON (AP) — The International Monetary Fund said Tuesday that it sees slower global growth in 2013 and 2014 than it did just three months ago, citing expectations of a slowdown in key developing countries such as China and Brazil and a more protracted recession in Europe.
WASHINGTON (AP) — Regulators took a step Tuesday toward requiring eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.
WASHINGTON (AP) — U.S. employers advertised slightly more jobs in May and hired more workers, further signs of steady improvement in the job market.
NEW YORK (AP) — The stock market edged higher Tuesday as investors bought companies that fare best when the economic outlook is bright.
NEW YORK (AP) — Oil rose slightly Tuesday as traders awaited news on U.S. crude supplies, OPEC production and the Federal Reserve's monetary policy stance.
NEW YORK (AP) — Majority owner Sprint has completed its acquisition of wireless network operator Clearwire Corp.
LONDON (AP) — The New York Stock Exchange's operator will take over administration of the London interbank offered rate, or LIBOR, which had been the subject of a global market manipulation scandal.
NEW YORK (AP) — Barnes & Noble Inc. said Monday that William Lynch has stepped down as CEO, effective immediately, just weeks after the book retailer announced weak sales, big losses and the declining popularity of its Nook e-readers.
WASHINGTON (AP) — Framing a new argument against President Barack Obama's health care law, congressional GOP leaders called Tuesday for a delay in the law's requirement that individual Americans carry health insurance.
WASHINGTON (AP) — Landmark immigration legislation passed by the Senate would remake America's workforce from the highest rungs to the lowest and bring many more immigrants into the economy, from elite technology companies to restaurant kitchens and rural fields.
MONDAY, JULY 8
NASHVILLE (AP) - Country music star Randy Travis was in critical condition Monday in a Texas hospital, a day after he was hospitalized viral cardiomyopathy.
NASHVILLE (AP) - A spokesman for Cleveland Browns owner Jimmy Haslam says Haslam has no plans to sell the franchise despite legal troubles with the company he runs.
NASHVILLE (AP) - Gov. Bill Haslam on Monday reiterated his support for the state's education commissioner, who has come under fire for changes to how teachers are paid.
NASHVILLE (AP) — Tennessee Gov. Bill Haslam has struggled almost from the start of his administration to fulfill a campaign pledge to avoid handling matters relating to Pilot Flying J, the family-owned truck stop chain run by his brother, Cleveland Browns owner Jimmy Haslam.
NASHVILLE (AP) — Two more counties have joined the Retire Tennessee program, which recruits retired people to live in the state.
NASHVILLE (AP) — A decision by the state Board of Education to change how teachers are paid has led to a social media push to remove Education Commissioner Kevin Huffman.
DETROIT (AP) — Italian automaker Fiat has exercised a third option to buy a small amount of Chrysler stock, but the sale won't go through until a U.S. court settles a dispute over the price.
WASHINGTON (AP) — Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.
NEW YORK (AP) — The stock market is ending higher as traders buy companies that fare best when the economic outlook is bright.
NEW YORK (AP) — The price of oil finished with a small loss Monday as traders waited for potentially market-moving news at midweek.
WASHINGTON (AP) — Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010.
SAN DIEGO (AP) — Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000.
NEW YORK (AP) — Once up on a time, there was a popular search engine called AltaVista. It lives no more.
OMAHA, Neb. (AP) — Billionaire Warren Buffett is giving five charities more than $2.6 billion worth of Berkshire Hathaway Inc. stock as part of his overall plan to give away his fortune gradually.
NEW YORK (AP) — Twinkies don't last forever, but they'll have more staying power than most people remember when they return to shelves next week.
Thomson Reuters is suspending its practice of distributing results from a twice-monthly survey of consumers a couple seconds early to clients who pay extra for the premature access.
WASHINGTON (AP) — Hiring is exploding in the one corner of the U.S. economy where few want to be hired: Temporary work.
NEW YORK (AP) — A top proxy advisory firm is recommending that Dell shareholders vote in favor of a deal that would allow the company's founder and an investment firm to buy the computer maker and take it private.
WASHINGTON (AP) — Landmark immigration legislation passed by the Senate would remake America's workforce from the highest rungs to the lowest, bringing more immigrants into numerous sectors of the economy, from elite technology companies to restaurant kitchens and rural fields.
WASHINGTON (AP) — Republicans and Democrats will put good will to the test when Congress returns this week to potentially incendiary fights over nominations, unresolved disputes over student loans and the farm bill, and the uncertainty of whether lawmakers have the political will to rewrite the nation's immigration laws.
FRIDAY, JULY 5
NASHVILLE (AP) - A legal opinion issued by the state Attorney General Bob Cooper outlines exactly when it's legal for blue flashing lights to be used as part of a funeral procession in Tennessee.
NASHVILLE (AP) - Tennessee State University has received a $600,000 donation to be used for scholarships.
NASHVILLE (AP) - State education officials are kicking off the second phase of training teachers on how to implement a new set of common core benchmarks for math and reading.
WASHINGTON (AP) — Nothing's ever easy with President Barack Obama's health care law.
DETROIT (AP) — Cameras that check around the car for pedestrians. Radar that stops you from drifting out of your lane. An engine able to turn off automatically at traffic lights to conserve fuel.
US economy adds 195K jobs; unemployment 7.6 pct.
NEW YORK (AP) — The U.S. stock market is closing higher after a bumpy start, with investors encouraged by a big uptick in hiring.
NEW YORK (AP) — The price of oil marched higher Friday with a positive report on U.S. hiring and ongoing concerns about the crisis in Egypt.
SEOUL, South Korea (AP) — Samsung Electronics Co. reported record quarterly profit Friday but its shares tumbled on doubts its mainstay smartphone business can maintain rapid growth.
WASHINGTON (AP) — The White House says the June jobs report is good news that further confirms the economic recovery.
VILNIUS, Lithuania (AP) — The head of the EU's executive commission says that the European Union and the United States have reached an agreement that talks on trade and concerns over American intelligence activities will begin at the same time on July 8.