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VOL. 35 | NO. 43 | Friday, October 28, 2011

Flying the coop

Bailouts, debit card fees ignite movement to pull money from big banks by Nov. 5

To the growing “anger” movements – Tea Party vs. taxes and big government, Occupy Wall Street vs. corporate bailouts and economic inequality – add Bank Transfer Day, a movement triggered largely by new monthly debit card fees that might well result in hundreds of thousands of people pulling their money from the nation’s largest banks.

Racing machines paying off for Kentucky Downs

FRANKLIN, Ky. – The land Kentucky Downs occupies first drew Tennesseans across the border in the 19th Century when men made the journey north to settle differences with a duel – illegal in Tennessee but perfectly fine here.

LEGISLATIVE PROFILE

Casada finds friends, foes with his ability to ‘articulate a ‘no’’

Credit his friends – and the inspiration of Ronald Reagan – with starting state Rep. Glen Casada on the road to public service.

Local Weather
Currently
Nashville, TN
55.0°F
Light Rain
Wind: East at 8.1 mph
Humidity: 64%

EVENTS

The Hermitage, home of President Andrew Jackson, presents its annual haunted after-hours tours most tonight. The lantern-led tour, open to 15 guests (ages 10 and older) at a time, run about 90 minutes, covering the mansion, garden, cabin and cemetery area, and offer a uniquely spooky look at the 1,120-acre national historic landmark. 7 p.m. Information: thehermitage.com/events, 889-2941, ext 243.

more events »

GREEN BUSINESS

Spectrum Properties/Emery pushes LEED limits

It’s no secret some of the industries hardest hit during the recession have been new construction, renovations and real estate. But that slowdown has opened the door for the steady growth of property companies focused on sustainability, allowing them to target a new, eco-minded clientele.

TERRY McCORMICK

Common sense left behind in Vols’ odd crisis at center

In ancient lore, the use of the left hand or to be left-handed was regarded as sinister.

REALTY CHECK

Raves for Death of a Shortsalesman

The Characters: Willy Poman, Whiff, Ralphy. The scene opens with Willy, a former top-ranked fax salesman, coming home from his job as Borders Bookstore manager. His children, Whiff and Ralphy, are playing tag on the porch.

NEWSMAKERS

Southeast Venture hires new property manager

Lee White has joined Southeast Venture as property manager and will handle the day-to-day operations of over 400,000 square feet of office and industrial space located in Brentwood, LaVergne, Antioch, Belle Meade, MetroCenter, the Gulch and airport areas.

BUSINESS BOOK REVIEW

Odd little book celebrates weirdness

The writing on the package couldn’t be more succinct: One Size Fits All.

I SWEAR

Grand Tetons must be seen to be appreciated

Jackson, Wyo. – This charming town of 9,577 residents is the principal municipality of the area known as Jackson Hole. It’s also the seat of Teton County.

KAY'S COOKING CORNER

Cast party! It’s time for cornbread, soups

The cooler days and nights we have been experiencing lately have me craving big, hearty pots of soups and stews accompanied with piping hot slices of fresh-from-the-oven cornbread or cornbread sticks.

NASHVILLE AREA

Rinne's $47M deal is largest in Predators' history

NASHVILLE, Tennessee (AP) — The Nashville Predators signed Finnish goaltender Pekka Rinne to a seven-year, $49 million contract on Thursday on his 29th birthday, the largest deal in the NHL team's short history.

Protesters deliver letter to Gov. Haslam's office

NASHVILLE, Tenn. (AP) - Members of Occupy Nashville delivered a letter to Gov. Bill Haslam on Thursday saying they want to collaborate with him "to achieve the best possible outcomes."

Court date set for Rep. Todd's DUI, gun arrest

NASHVILLE, Tenn. (AP) — A Jan. 10 court date has been set to address drunken driving and gun charges against state Rep. Curry Todd. Meanwhile the Collierville Republican is apologizing to friends, family and constituents and pledging to "make a better person of myself."

More documents sought in anti-discrimination case

NASHVILLE, Tenn. (AP) — Lawmakers trying to quash subpoenas seeking information that might reveal details about why they voted for a measure that overturned Nashville's anti-discrimination ordinance have released 2,200 documents, but plaintiffs' attorneys said Monday they aren't satisfied.

Occupy Nashville protesters sue Haslam over curfew

NASHVILLE (AP) — Occupy Nashville protesters are suing Gov. Bill Haslam over a new curfew on the grounds around the Capitol that has been used to dislodge their camp and arrest demonstrators.

Macy's to open at midnight Thanksgiving Day

NEW YORK (AP) — Macy's Inc. says it will open all of its namesake stores -- including its Nashville location -- at midnight following Thanksgiving for the first time, becoming the latest retailer to extend hours on the traditional kickoff to the holiday season.

Cracker Barrel opens first fast car charger in TN

LEBANON (AP) — Cracker Barrel, the chain of popular restaurants found along interstates, is unveiling the first electric vehicle fast-charging station in Tennessee as part of their plan to install two dozen charging stations at locations across the state.

STATEWIDE

Hunters targeting commission over hog controversy

NASHVILLE (AP) — An effort by the Tennessee Wildlife Resources Commission to eradicate wild hogs is stoking a controversy in the Legislature over whether the commission should be transformed or even abolished.

NATIONAL BUSINESS

MF Global files for bankruptcy protection

WASHINGTON (AP) — MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after reporting its biggest-ever quarterly loss.

OECD warns on Europe's economy

PARIS (AP) — The Organization for Economic Cooperation and Development is warning of a "marked slowdown" in eurozone economies next year and says the European Union needs to clarify its anti-crisis measures.

Insurer Humana's 3Q profit climbs 13 percent

INDIANAPOLIS (AP) — Humana Inc.'s third-quarter net income jumped 13 percent on Medicare Advantage enrollment growth, and the health insurer also raised its 2011 earnings forecast.

Honda's profit sinks, Thai flooding clouds outlook

TOKYO (AP) — Honda's quarterly profit tumbled 56 percent, battered by the strong yen and production disruptions from the March tsunami disaster that are likely to be compounded by flooding in Thailand.

NATIONAL POLITICS

Skeptic finds he now agrees global warming is real

WASHINGTON (AP) — A prominent physicist and skeptic of global warming spent two years trying to find out if mainstream climate scientists were wrong. In the end, he determined they were right: Temperatures really are rising rapidly.

Cain denies report of sexual harassment

WASHINGTON (AP) — Republican presidential candidate Herman Cain planned to make several scheduled appearances in Washington on Monday following a report that alleges he was twice accused of sexual harassment while he was the head of the National Restaurant Association in the 1990s.

FACT CHECK: GOP lawmakers spin funding tall tales

WASHINGTON (AP) — It's an outrageous tale: The federal government spends one out of every $10 in transportation aid on wasteful projects such as refurbishing a giant roadside coffee pot and constructing turtle tunnels.

Obama to order FDA to help reduce drug shortages

WASHINGTON (AP) — Acting once again ahead of Congress, President Barack Obama is directing the Food and Drug Administration to take steps to reduce drug shortages, an escalating problem that has placed patients at risk and raised the possibility of price gouging.

FRIDAY, OCTOBER 28
NASHVILLE AREA

State official: Police can't 'baby-sit' protesters

NASHVILLE (AP) -- Tennessee state troopers cleared out Wall Street protesters from the state Capitol grounds early Friday because they didn't have the resources to "babysit" the overnight encampment, the state's safety commissioner said.

Many cities leaving Wall Street protesters alone

NEW YORK (AP) - While more U.S. cities are resorting to force to break up the Wall Street protests, many others - Philadelphia, New York, Minneapolis and Portland, Ore., among them - are content to let the demonstrations go on for now.

Haslam administration imposes curfew on Capitol

NASHVILLE (AP) - Gov. Bill Haslam's administration is imposing a nighttime curfew on the Capitol complex in response to what it calls deteriorating safety conditions surrounding anti-Wall Street protests.

STATEWIDE

Public input on redistricting process limited

NASHVILLE (AP) - Tennesseans can suggest changes to the districts that make up the General Assembly and the state's congressional seats, but public interest has been limited.

NATIONAL BUSINESS

Clear Channel cuts jobs in regional reorganization

LOS ANGELES (AP) — Clear Channel Communications Inc. said Friday that it had dismissed some on-air and off-air staff earlier this week, in a reshaping of its regional and local programming that should enable it to seek out advertisers focused on areas wider than a single market.

Consumer spending jumped 0.6 pct. in September

WASHINGTON (AP) — Americans' incomes have stagnated for three straight months. Yet they boosted their spending in September 0.6 percent — three times the increase in August.

Whirlpool to cut 5,000 jobs to reduce costs

NEW YORK (AP) — Appliance maker Whirlpool Corp. plans to cut 5,000 jobs, about 10 percent of its workforce in North America and Europe, as it faces soft demand and higher costs for materials.

Stocks finish mixed after Thursday's big rally

A quiet day on Wall Street ended Friday with major stock indexes little changed after a big rally the day before.

Summer growth calms recession fears: Will it last?

WASHINGTON (AP) — A summer of modest economic growth is helping dispel lingering fears that another recession might be near.

Exxon Mobil profit rises 41 pct on higher prices

NEW YORK (AP) — Exxon Mobil's quarterly profit rose 41 percent because the company sold oil and natural gas at higher prices, making up for lower production.

Chrysler posts $212M 3Q profit

DETROIT (AP) — Rising sales and higher prices helped push Chrysler Group LLC back into the black in the latest quarter, another sign that the once-troubled company is turning around under its new Italian management.

NATIONAL POLITICS

That muffin didn't cost taxpayers $16 after all

WASHINGTON (AP) — Remember the $16 muffin, a sign of government spending out of control? It turns out that all the criticism was half-baked.

Medicare premiums up _ but not as much as expected

WASHINGTON (AP) — Good news for seniors: The government says Medicare's basic monthly premium will rise less than expected next year, by $3.50 for most.

Obama taking more steps on own to help businesses

WASHINGTON (AP) — Pushing a campaign to act without Congress, President Barack Obama will announce on Friday two more executive actions on the economy, both of them small steps intended to give a boost to businesses.

House Democrats say GOP wants too many days off

WASHINGTON (AP) — The House will be in session less than one out of every three days next year, a slight decline from past years. House Republicans say they are running the place more efficiently and lawmakers need the time to be with constituents in an election year. Democrats say that's too few days on the job during an economic crisis.

Voter outreach planned for voter ID law

NASHVILLE (AP) - Election officials in all 95 Tennessee counties will be holding town hall meetings and open forums for voters to ask questions about a new state law requiring photo identification at the polls.

House speaker says no more defense cuts

WASHINGTON (AP) — House Speaker John Boehner has a message for the special bipartisan panel looking for ways to cut the deficit: Leave military spending alone.

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