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VOL. 38 | NO. 33 | Friday, August 15, 2014

'Infill King’ John Brittle has a plan to curb urban sprawl. You might not like it

John G. Brittle Jr. doesn’t have an office. He has a war room. The space, crowded with maps, charts, books, piles of paper and marked-up spreadsheets, is ground zero for InfillNashville, the 10-person team of site selection specialists that Brittle leads at Village Real Estate Services.


Fight to save Printers Alley a family affair

“How does it feel to be on your own?” Fritz Hester turns Dylan’s “Like a Rolling Stone” into a surging blues tune that spills out of the Bourbon Street Blues and Boogie Bar into the thick, cigarette and beer-flavored humidity stifling Printers Alley


Less-frenzied house hunting in Williamson County

This past week, Realtor Stephanie Tipton Soper had two out-of-town families relocating to Nashville. Both were in search of homes in Williamson County.

Local Weather
Nashville, TN
Wind: West at 3.5 mph
Humidity: 90%


Making Smart Financial Decisions. Regions Bank is hosting Critical Conversations, a lunch series presented by the Council on Workforce Innovation. Regions experts will educate people about making smart financial decisions. Presentations will include an in-depth analysis of the methods, processes and decision-making skills needed to make intelligent financial choices and receive positive returns. Topics and presenters include:

more events »


Middle Tennessee Real Estate trends for July 2014

July 2014 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.


Season-ending shoulder injury could end McCarthy’s Titans career

The star-crossed career of Tennessee Titans linebacker Colin McCarthy took another wicked turn with the news that he could miss the entire season with a shoulder injury.


Vols resurrect fond memories of ‘Wide Receiver U’

KNOXVILLE – None of the receivers on the University of Tennessee football team were born when the program was dubbed “Wide Receiver U” in the 1980s.


Business Hall of Fame honors HCA’s Bovender

Jack O. Bovender, Jr. has been named the 2014 Laureate of The Phoenix Club Nashville Business Hall of Fame.


Could email make your cold calling easier?

Cold calling is a tough business, though a necessity for many companies.


Lessons learned from millennials

Much of the research about employment suggests older workers are waiting longer to retire. This means many seasoned professionals are also still job searching. And, many of those are struggling to find their way.


Even in bull market, time is right for defense

Downturns, while painful, can be very useful for the information they provide.


Compound phrases like ‘rail house’ go undefined

The quest continues for a definition of rail house, a term found in business names across several countries.


Rainbow birthdays and cakes

“What kind of party do you want, Gwynnie?” I asked my 4-year-old granddaughter. “A rainbow party,” she replied.


Former Tennessee finance chief Emkes joins CCA board

NASHVILLE (AP) — Private prison operator Corrections Corporation of America has named former Tennessee finance chief Mark Emkes to its board of directors.

Family Dollar rejects Dollar General offer

MATTHEWS, N.C. (AP) — Family Dollar is rebuffing Dollar General's takeover bid, citing antitrust issues. The discounter's board supports its existing merger with Dollar Tree.


Grants to encourage students to walk, bike

NASHVILLE (AP) - Nearly 20 Tennessee communities are getting grants to encourage elementary and middle school students to walk and bike.


California man sentenced in Nissan fraud scheme

NASHVILLE (AP) - A California man has been sentenced to serve 15 months in prison and ordered to pay $78,000 in restitution for his role in a scheme to defraud Franklin-based Nissan North America.


Social media pushes back at militant propaganda

BEIRUT (AP) — The extremists of the Islamic State group have turned their social media into a theater of horror, broadcasting a stomach-turning stream of battles, bombings and beheadings to a global audience.


Applications for US unemployment aid fall to 298K

WASHINGTON (AP) — Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.

Stocks open higher; S&P 500 heading for a record

NEW YORK (AP) — U.S. stocks are opening higher, pushing the Standard & Poor's 500 index closer toward another record high.

Justice Dept. announces $17B settlement with BofA

WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.


Easter named to Tennessee appeals court bench

NASHVILLE (AP) — Gov. Bill Haslam has named Circuit Judge Timothy Lee Easter of Brentwood to fill a criminal appeals court vacancy created by the retirement of Jerry L. Smith.


Gov. Haslam promotes free tuition plan

NASHVILLE (AP) - Gov. Bill Haslam is urging students to take advantage of his free tuition plan.


Ex-museum worker allegedly takes $61K in scheme

NASHVILLE (AP) - An investigative report from the Tennessee comptroller of the treasury alleges that a former Tennessee State Museum worker took more than $61,000 in taxpayer money.

CCA pays $8 million in back wages at California prison

LOS ANGELES (AP) — The nation's largest private prison company, Corrections Corp. of America, has paid more than $8 million in back wages and benefits to current and former employees guarding federal inmates at a prison in California City, officials with the U.S. Department of Labor said Tuesday.


Twitter tries to block images of Foley killing

AMSTERDAM (AP) — Twitter and some other social media outlets are trying to block the spread of gruesome images of the beheading of journalist James Foley by Islamic State militants, while a movement to deny his killers publicity is also gaining momentum.


Stocks advance for third day, despite Fed minutes

NEW YORK (AP) — The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later.

Bank of America reaches $17B settlement with US

WASHINGTON (AP) — Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

Some Fed officials favor reduced help for economy

WASHINGTON (AP) — Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates.

Yellen to give her outlook as Fed honeymoon fades

WASHINGTON (AP) — Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the U.S. economy through a grave crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.

Apple's stock bounces back to hit a new high

SAN FRANCISCO (AP) — Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.

Macy's to pay $650,000 in shopper-profiling probe

ALBANY, N.Y. (AP) — Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square.

Lowe's 2Q profit rises as weather improves

MOORESVILLE, N.C. (AP) — Lowe's second-quarter net income increased 10 percent, bolstered by improving weather.

No-fly list rules get changes

WASHINGTON (AP) — The Obama administration is promising to change the way travelers can ask to be removed from its no-fly list of suspected terrorists banned from air travel.


US won't reveal records on health website security

WASHINGTON (AP) — After promising not to withhold government information over "speculative or abstract fears," the Obama administration has concluded it will not publicly disclose federal records that could shed light on the security of the government's health care website because doing so could "potentially" allow hackers to break in.


Stocks rise as US home construction rebounds

NEW YORK (AP) — A summer swoon for the stock market appears to be over for now.

Ballmer steps down from Microsoft board

LOS ANGELES (AP) — Former Microsoft CEO Steve Ballmer is stepping down from the company's board, bringing to a close 34 years with the software giant.

US home construction jumps 15.7 percent in July

WASHINGTON (AP) — U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.

Consumer prices edge up 0.1 percent in July

WASHINGTON (AP) — U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices.

Home Depot 2Q profit climbs 14 percent

ATLANTA (AP) — Home Depot's fiscal second-quarter net income surged 14 percent thanks to a rebound in its spring selling season.


Community Health details attack on patient records

FRANKLIN (AP) - Hospital operator Community Health Systems said a cyberattack took information on more than 4 million patients from its computer network earlier this year.

Dollar General enters bidding for Family Dollar

NEW YORK (AP) — The nation's top dollar store chains are betting big that their once-thriving business will make a comeback if they band together.


Tennessee AG: Parents can't give kids new last names

NASHVILLE (AP) — Tennessee's attorney general says married parents can't invent new last names for their children.


New Corvette feature keeps an eye on valets

DETROIT (AP) — Face it. If you own a luxury or sports car, whenever you hand the keys to a valet, you imagine the car going on a high-speed joyride like the Ferrari in the 1980s cult movie "Ferris Bueller's Day Off."

Government wants to make cars talk to each other

WASHINGTON (AP) — The Obama administration said Monday it is taking a first step toward requiring that future cars and light trucks be equipped with technology that enables them to warn each other of potential danger in time to avoid collisions.


Google's pivotal IPO launched a decade of big bets

SAN FRANCISCO (AP) — Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.


US homebuilder confidence rises in August

U.S. homebuilders are feeling more confident in their sales prospects headed into next year, a sign that home construction and sales of newly built homes may pick up after stalling this summer.

US stocks gain; Dollar General jumps after bid

NEW YORK (AP) — Corporate deal news gave the US stock market a lift on Monday as a bidding contest erupted for a discount retailer. Stocks also climbed amid reports of diplomatic efforts to broker a cease-fire in the conflict in Ukraine.

Report: Cost to raise today's child tops $245,000

WASHINGTON (AP) — A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult, with families living in the Northeast taking on a greater burden, according to a report out Monday.

McDonald's confronts its junk food image

NEW YORK (AP) — At a dinner McDonald's hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain's menu.

Bourbon production reaches high point since '70s

LOUISVILLE, Kentucky (AP) — Kentucky bourbon makers are making a big bet by stashing away their largest stockpiles in more than a generation.

EU pledges $168m to offset Russia sanctions cost

BRUSSELS (AP) — The European Commission is pledging 125 million euros ($168 million) to assist fruit and vegetable producers hit by Russia's ban on food imports from the 28-nation bloc.


Tennessee panel to examine sentencing, recidivism

NASHVILLE (AP) — Gov. Bill Haslam has formed a task force to develop legislative and policy recommendations related to sentencing and recidivism.

Tennessee Supreme Court elects Lee chief justice

NASHVILLE (AP) - Justice Sharon Lee has been elected chief justice of the Tennessee Supreme Court.


Plan for Franklin battlefield park moving forward

FRANKLIN (AP) — Plans to turn a Civil War site into a park in Middle Tennessee are moving forward.


Taylor Swift to perform on MTV Video Music Awards

NASHVILLE (AP) — Tune-in alert: Taylor Swift is performing at the MTV Video Music Awards.


Money laundering charge added to FedEx drug case

SAN FRANCISCO (AP) — Federal prosecutors say several addicts died soon after receiving shipments of illegal prescription drugs via FedEx.

5 Tennessee sites added to national register

NASHVILLE (AP) — Five Tennessee sites have been added to the National Register of Historic Places.

Tennessee July revenue collections see some growth

NASHVILLE (AP) - Tennessee Finance Commissioner Larry Martin says the state's revenue collections recorded some growth in July even though they fell short of projections.

DesJarlais holds lead as ballot count continues

NASHVILLE (AP) - Scandal-battered U.S. Rep. Scott DesJarlais continues to hold onto his narrow lead as election officials wrap up the count of provisional ballots from last week's Republican primary.


Three-wheeled Elio gets closer to going on sale

ROYAL OAK, Mich. (AP) — Your next commuter car could have two seats, three wheels and get 84 miles to the gallon.

Corker: VW union talks faced misunderstandings

LAWRENCEBURG (AP) — Republican Sen. Bob Corker says Tennessee's discussions about the role of organized labor at Volkswagen's plant in Chattanooga were clouded by misunderstandings.

NY Fed: US auto loans soar to highest in 8 years

WASHINGTON (AP) — U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York.


Why global turmoil hasn't sunk US markets. Yet.

NEW YORK (AP) — Europe appears on the brink of another recession. Islamic militants have seized Iraqi territory. Russian troops have massed on the Ukraine border, and the resulting sanctions are disrupting trade. An Ebola outbreak in Africa and Israel's war in Gaza are contributing to the gloom.

Stocks overcome a midday tumble on Ukraine

NEW YORK (AP) — The stock market recovered from a midday swoon caused by the latest worries over Ukraine and ended little changed.

US factory output surges in July

WASHINGTON (AP) — U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.

Stores have a solid start to back-to-school season

NEW YORK (AP) — The back-to-school shopping season is off to a promising start, but retailers may be sacrificing profit for sales.

US producer prices rise just 0.1 percent in July

WASHINGTON (AP) — Falling gasoline costs lowered the prices that U.S. companies received for their goods and services last month, keeping overall inflation in check.

Coca-Cola bets on energy drinks with Monster stake

ATLANTA (AP) — Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world's biggest soda maker hoping to benefit from the surging popularity of energy drinks.

GE in talks to sell historic appliance division

NEW YORK (AP) — General Electric confirmed that it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment.

Berkshire Hathaway stock tops $200,000

OMAHA, Neb. (AP) — The stock price of Warren Buffett's Berkshire Hathaway topped $200,000 for the first time Thursday.

Shell sells shale gas rights for $2.1 billion

Royal Dutch Shell has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions.

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