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VOL. 46 | NO. 34 | Friday, August 26, 2022

Frankly, that’s a lot of hot dogs

Fast-growing ‘Daddy’s Dogs’ looks to sell 300K-350K just this year

Sean Porter whips his scooter into the parking lot of Daddy’s Dog’s brick-and-mortar location in The Nations, parking it between the trailer that serves as the headquarters for his burgeoning hot dog-based empire and the bright yellow former gas station that acts as its primary hub of operations.

Nashville Ledger named best newspaper in state

The Nashville Ledger was named best overall newspaper for its circulation category Friday by the Tennessee Press Association and the University of Tennessee.

JOE ROGERS: MY TAKE

Return to reruns, bad eating habits while wife’s away

I’ve been watching the first episodes of “Lost in Space” from 1965. Watering the plants every day or two. Taking the trash and recycling to the curb. Now I’m wondering: Should I be feeding the birds?

Local Weather
Currently
Nashville, TN
33.0°F
Mostly Cloudy
Wind: North at 4.6 mph
Humidity: 75%

EVENTS

Summer Shakespeare Festival 2022. The 34-year tradition of “Shakespeare in the Park” returns to the yard at oneC1TY. The festival runs four weeks in Nashville and one week in Franklin. Working with Kennie Playhouse Theatre, two productions by two great playwrights will be presented. August Wilson’s “Gem of the Ocean,” directed by Chuck Smith and “Cymberline” by William Shakespeare, directed by Leah Lowe. This family-and dog-friendly Nashville tradition includes a nightly pre-show concert series, “Insight” scholar-led discussions, NSF apprentice company performances, food trucks and more. Through Sept. 18. Information

more events »

RICHARD COURTNEY: REALTY CHECK

‘Golden Triangle’ strikes again with $4.825M sale

There was yet another sale of more than $4 million last week with 3905 Wayland Drive selling for $4.825 million shortly after Leah Crutchfield listed the 7,137-square-foot residence or $684 per square foot.

REAL ESTATE

Top Davidson County commercial sales for July 2022

Top commercial real estate sales, July 2022, for Davidson County, as compiled by the Nashville Ledger.

Average US long-term mortgage rates rise; 30-year at 5.55%

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week as inflation worries remained at the fore and the slowdown in economic growth weighs on the housing market.

TENNESSEE TITANS

Vrabel ‘encouraged’ by progress of top-pick Burks at WR

First-round NFL draft picks face plenty of scrutiny. When the previous two first-round picks for four team – in this case the Tennessee Titans – (offensive lineman Isaiah Wilson in 2020, cornerback Caleb Farley in 2021) didn’t contribute much in their rookie seasons, it adds even more attention.

Rookie Phillips making name for himself as receiver, punt returner

While Treylon Burks has gotten the attention that naturally comes as a first-round pick, another Titans rookie receiver has been a big hit in training camp and preseason.

Offenses struggle during Titans-Cardinals joint workout

NASHVILLE (AP) — The Tennessee Titans and Arizona Cardinals tried to make the most of their one practice against each other on Wednesday.

NEWSMAKERS

Sparks tapped to lead Nashville Bar Association

Abby Sparks has been named executive director of the Nashville Bar Association and will begin her tenure Sept. 7.

BRIEFS

State unemployment numbers hold steady

Tennessee’s seasonally adjusted statewide unemployment rate remained unchanged for July 2022, data from the Department of Labor and Workforce Development reveals.

BEHIND THE WHEEL

Small, luxurious: Genesis GV70 vs. Acura RDX

The Genesis brand, a luxury spinoff of Hyundai, is a newcomer, having come into its own in late 2016. But it’s been steadily building out its portfolio of vehicles since, and one of the latest is the GV70, its first compact luxury SUV. The GV70 faces off against many more established rivals, one of which followed a similar path to creation: the Acura RDX.

PERSONAL FINANCE

Three reasons not to tap your home equity now

Soaring real estate values mean many homeowners are awash in equity – the difference between what they owe and what their homes are worth. The average-priced home has increased 42% since the start of the pandemic, and the average homeowner with a mortgage can now tap more than $207,000 in equity, reports Black Knight Inc., a mortgage and real estate data analysis company.

MILLENNIAL MONEY

How to prepare your finances for a breakup

Breaking up sucks – even if it’s necessary and you’re better off without them. Emotions loom large and life changes. Your to-do list fills up with loaded logistics, like figuring out who gets the cat or how the heck you’ll afford to live alone.

TENNESSEE TITANS

Titans go with rookie Malik Willis as Tannehill's backup QB

NASHVILLE (AP) — Rookie quarterback Malik Willis' quick learning curve made veteran Logan Woodside dispensable for Tennessee.

SPORTS

NIL deals put just a few bucks in most athletes' pockets

Texas offensive lineman Christian Jones remembers walking up to Bijan Robinson not long ago and asking for a lift, figuring it was least the All-American running back could do for one of the big guys doing all the blocking.

MUSIC INDUSTRY

Lucinda Williams, Chris Isaak to perform at Americana awards

NASHVILLE (AP) — Lucinda Williams, Chris Isaak, Brandi Carlile and the Indigo Girls are among the performers who will take the stage at the Americana Honors & Awards.

STATEWIDE

Gov. Lee: Efforts underway through school safety order

NASHVILLE (AP) — Tennessee Gov. Bill Lee said Tuesday that an executive order on school safety from June has so far produced a new mobile app, school behavioral health professionals in each county and updated law enforcement training and security assessments.

COURTS

Obstruction emerges as key focus in Trump documents probe

WASHINGTON (AP) — The Justice Department says classified documents were "likely concealed and removed" from a storage room at former President Donald Trump's Florida estate as part of an effort to obstruct the federal investigation into the discovery of the government records.

Feds cite efforts to obstruct probe of docs at Trump estate

WASHINGTON (AP) — The Justice Department says classified documents were "likely concealed and removed" from a storage room at former President Donald Trump's Florida estate as part of an effort to obstruct the federal investigation into the discovery of the government records.

TRANSPORTATION

Army grounds fleet of Chinook helicopters after engine fires

WASHINGTON (AP) — The Army said Tuesday it has grounded its fleet of about 400 Chinook cargo helicopters after fuel leaks caused a "small number" of engine fires.

COVID-19

US clears updated COVID boosters targeting newest variants

WASHINGTON (AP) — The U.S. on Wednesday authorized its first update to COVID-19 vaccines, booster doses that target today's most common omicron strain. Shots could begin within days.

WHO: New COVID cases, deaths keep falling nearly everywhere

GENEVA (AP) — The number of new coronavirus cases and deaths reported globally continued to fall nearly everywhere in the world in what the World Health Organization described as a "welcome decline" at a media briefing on Wednesday.

NATIONAL/INTERNATIONAL BUSINESS

Yellen warns of failure to agree on Russia oil price cap

WASHINGTON (AP) — Treasury Secretary Janet Yellen on Wednesday warned that a failure to place a price cap on Russian oil would hurt the global economy.

Snap cutting 20% of staff as ad sales continue to dry up

SILVER SPRING, Md. (AP) — The parent company of social media platform Snapchat said Wednesday that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining ad sales.

House panel calls for cryptocurrency fraud oversight

WASHINGTON (AP) — A House oversight subcommittee asked regulators and industry leaders on Tuesday to explain what they are doing to stop cryptocurrency fraud and other scams perpetrated on consumers.

Bed Bath & Beyond to close stores, cut jobs in rebound bid

NEW YORK (AP) — Bed Bath & Beyond said Wednesday that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.

Silver lining: Northeast drought benefits some businesses

BOSTON (AP) — There is a silver lining to the drought affecting the northeastern U.S. that has frustrated farmers, dried up rivers and reservoirs, and brought water use restrictions and brush fires to the region.

German prosecutors search JPMorgan offices in tax probe

BERLIN (AP) — German prosecutors have raided the office of JPMorgan Chase & Co. in Frankfurt as part of a broader tax evasion investigation targeting numerous banks in Germany and beyond.

South Korea objects to World Bank's order to pay Lone Star

SEOUL, South Korea (AP) — South Korea says it plans to challenge a World Bank tribunal's order to pay $216.5 million plus interest to Texas-based Lone Star Funds following a decade-long dispute over the private equity firm's sale of the Korea Exchange Bank.

NATIONAL/INTERNATIONAL POLITICS

Russian politicians offer mixed view of Gorbachev's legacy

MOSCOW (AP) — Russian officials and lawmakers treaded carefully Wednesday while reacting to Mikhail Gorbachev's death, praising him for his role in ending the Cold War but deploring his failure to avert the collapse of the Soviet Union.

UKRAINE

EU to tighten travel rules for Russians, but no visa ban

PRAGUE (AP) — European Union countries agreed Wednesday to make it harder for Russian citizens to enter the 27-nation bloc, but they failed to find a consensus on imposing an outright tourist ban in response to Russia's war on Ukraine.

UN inspectors head to Ukraine nuclear plant in war zone

KYIV, Ukraine (AP) — United Nations inspectors made their way toward Ukraine's Zaporizhzhia nuclear power plant on Wednesday, a long-anticipated mission that the world hopes will help secure the Russian-held facility in the middle of a war zone and avoid catastrophe.

Russia halts gas through major pipeline, citing maintenance

BERLIN (AP) — Russia's Gazprom halted the flow of natural gas through a major pipeline from Russia to Europe early Wednesday, a stoppage that it announced in advance and has said will last three days.


TUESDAY, AUGUST 30
TENNESSEE TITANS

Titans acquire OL Dennis Daley from Panthers

CHARLOTTE, N.C. (AP) — The Tennessee Titans acquired interior offensive lineman Dennis Daley from the Carolina Panthers Monday night.

WEST TENNESSEE

Census undercounted Memphis by 16,000 residents, mayor says

The mayor of Memphis says the 2020 census undercounted his city by almost 16,000 residents, leading him to join other big cities in challenging the results of the once-a-decade head count in the U.S.

MIDSTATE

Hankook to add 400 jobs in Clarksville expansion

NASHVILLE (AP) — A South Korean tire manufacturer plans to add almost 400 jobs in a third expansion of its Tennessee operations.

COURTS

US to respond to request for special master for Trump docs

WASHINGTON (AP) — The Justice Department is set to respond Tuesday to the Trump legal team's request for a special master to review the documents seized during an FBI search of Mar-a-Lago this month.

Trump legal team advances broad view of presidential powers

WASHINGTON (AP) — A newly unsealed FBI document about the investigation at Mar-a-Lago not only offers new details about the probe but also reveals clues about the arguments former President Donald Trump's legal team intends to make.

HEALTH CARE

FDA chief says long-awaited opioid review still in the works

WASHINGTON (AP) — A long-awaited review of prescription opioid medications, including their risks and contribution to the U.S. overdose epidemic, is still underway at the Food and Drug Administration, the agency's commissioner said Tuesday.

ENERGY

Germany upbeat on energy security; Baltics count on wind

BERLIN (AP) — Germany is well-prepared to tackle a possible energy shortage due to Russia's squeeze on European gas supplies, Chancellor Olaf Scholz declared Tuesday, even as fears grow about the rising prices that will hit consumers across the continent this winter.

AUTO INDUSTRY

Labor board rules Tesla must let workers wear union clothing

DETROIT (AP) — The National Labor Relations Board has reversed a Trump-era decision by finding that Tesla can't stop factory employees from wearing clothing with union insignia while on the job.

NATIONAL/INTERNATIONAL BUSINESS

Stocks post another loss as markets worry about higher rates

Stocks fell again on Wall Street, posting their third loss in a row as traders worry that high interest rates are here to stay for a while.

Job vacancies rose in July, dashing Fed hopes for cooling

WASHINGTON (AP) — The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite a weakening economy and high inflation.

US consumers more confident in August as gas prices dip

WASHINGTON (AP) — Following three straight monthly declines, U.S. consumer confidence rebounded in August as inflation moderated and gas prices fell.

US asks farmers: Can you plant 2 crops instead of 1?

DES MOINES, Iowa (AP) — There is only so much farmland in the United States, so when Russia's invasion of Ukraine last spring prompted worries that people would go hungry as wheat remained stuck in blockaded ports, there was little U.S. farmers could do to meet the new demand.

Musk cites whistleblower as new reason to exit Twitter deal

Tesla CEO Elon Musk has again filed paperwork to terminate his agreement to buy Twitter, this time based on information in a whistleblower complaint filed by Twitter's former head of security.

German inflation back at near-half-century record after dip

BERLIN (AP) — Germany's annual inflation rate rose to 7.9% in August, returning to its highest level in nearly half a century after it dipped in the two previous months, according to official data

Arizona governor to focus on semiconductors in Taiwan visit

TAIPEI, Taiwan (AP) — Arizona Gov. Doug Ducey arrived in Taiwan on Tuesday for a visit focused on semiconductors, the critical chips that are used in everyday electronics and have become a battleground in the technology competition between the U.S. and China.

Japanese business pioneer, philanthropist Inamori dies at 90

TOKYO (AP) — Kazuo Inamori, founder of Japanese ceramics and electronics maker Kyocera who also became a philanthropist singing the virtues of fairness and hard work, has died. He was 90.

NATIONAL/INTERNATIONAL POLITICS

Biden to talk crime, gun control in swing state Pennsylvania

WASHINGTON (AP) — President Joe Biden is ready to talk up his crime prevention plans during a visit to Pennsylvania, where Democrats and Republicans are looking for ways to gain leverage on the issue ahead of November's midterm elections.

In new gun law, a quiet breakthrough for victims of abuse

WASHINGTON (AP) — Nikiesha Thomas was on her way to work one day when she told her sister that she was thinking about getting involved with domestic violence prevention.

Biden calls US vets before Afghan withdrawal anniversary

WASHINGTON (AP) — President Joe Biden on Monday called the leaders of two U.S. veterans groups assisting Afghans who have fled from the country on the eve of the one-year anniversary of the U.S. withdrawal from Afghanistan.

UKRAINE

Eyes on Kherson as Ukraine claims bold move on Russians

KYIV, Ukraine (AP) — A surge in fighting on the southern front line and a Ukrainian claim of new attacks on Russian positions fed speculation Tuesday that a long-expected counteroffensive has started to try to turn the tide of the war.

EU split over Russia visa ban, weighs Ukraine army training

PRAGUE (AP) — European Union nations were divided Tuesday over whether to slap a broad visa ban on Russian citizens, torn between a desire to ramp up pressure on President Vladimir Putin and concern about punishing people who may not even support his war on Ukraine.


MONDAY, AUGUST 29
VANDERBILT SPORTS

Vanderbilt signs 10-year deal with FirstBank for naming rights

NASHVILLE (AP) — Vanderbilt Stadium will be called FirstBank Stadium starting this season under a 10-year naming rights deal announced Monday.

TENNESSEE TITANS

Titans releasing 3-time Pro Bowl punter Brett Kern

NASHVILLE (AP) — The Tennessee Titans told three-time Pro Bowl punter Brett Kern on Monday that he will be released, going with an undrafted rookie to replace the man who had been their longest-tenured player.

WEST TENNESSEE

Tennessee prosecutor: 3 fatal shootings by police justified

MEMPHIS (AP) — Police officers involved in three fatal shooting incidents in Memphis won't face criminal charges, the top prosecutor in Tennessee's most populous county said.

EDUCATION

Fisk University, its president part ways

NASHVILLE (AP) — A small university in Nashville, Tennessee, said it has parted ways with its president of less than two years.

COURTS

Rioter who encountered senator gets 4-plus years in prison

WASHINGTON (AP) — A Maryland man affiliated with the far-right Proud Boys extremist group was sentenced on Monday to more than four years in prison for storming the U.S. Capitol, where he encountered Senate Democratic Leader Chuck Schumer as his armed security detail led the New York Democrat to safety.

Elon Musk subpoenas Twitter whistleblower ahead of trial

WILMINGTON, Del. (AP) — Elon Musk's legal team is demanding to hear from Twitter's whistleblowing former security chief, who could help bolster Musk's case for backing out of a $44 billion deal to buy the social media company.

US: Review of possibly privileged Trump papers already over

WASHINGTON (AP) — The Justice Department has completed its review of potentially privileged documents seized from former President Donald Trump's Florida estate this month and has identified "a limited set of materials that potentially contain attorney-client privileged information," according to a court filing Monday.

Supreme Court climate ruling could impact nuclear waste case

WASHINGTON (AP) — The Supreme Court's landmark ruling on climate change could have implications for a range of other issues, including a case involving nuclear waste storage and a proposal requiring companies to disclose how climate risk affects their businesses, advocates across the political spectrum say.

Judge delays Gov. Kemp's testimony in Georgia election probe

ATLANTA (AP) — A judge ruled Monday that Georgia Gov. Brian Kemp must testify before a special grand jury that's investigating possible illegal attempts by then-President Donald Trump and others to influence the 2020 election in the state — but not until after the November midterm election.

Supreme Court fencing removed, but building remains closed

WASHINGTON (AP) — The large fencing that has encircled the U.S. Supreme Court for months has now been removed.

Judge plans to appoint special master in Trump records case

WASHINGTON (AP) — A federal judge in Florida told the Justice Department on Saturday to provide her with more specific information about the classified records removed from former President Donald Trump's Florida estate and said it was her "preliminary intent" to appoint a special master in the case.

Trump search: What may come next in inquiry with legal peril

WASHINGTON (AP) — A newly released FBI document helps flesh out the contours of an investigation into classified material at former President Donald Trump's Florida estate. But plenty of questions remain, especially because half the affidavit, which spelled out the FBI's rationale for searching the property, was blacked out.

ENVIRONMENT

'Zombie ice' from Greenland will raise sea level 10 inches

Zombie ice from the massive Greenland ice sheet will eventually raise global sea level by at least 10 inches (27 centimeters) on its own, according to a study released Monday.

AUTO INDUSTRY

LG, Honda to set up US joint venture to make EV batteries

TOKYO (AP) — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Monday.

ENERGY

Danes, Germans back Baltic wind hub to offset Russian gas

COPENHAGEN, Denmark (AP) — Denmark said Monday it will increase its planned offshore wind capacity in the Baltic Sea to 3 gigawatts and hook it up to the German grid, a step toward weaning Europe off its reliance on Russian gas. When established in 2030, it should be able to supply electricity to up 4.5 million European homes.

NONPROFITS

New United Way CEO wants local focus after turbulent years

ALEXANDRIA, Va. (AP) — Angela Williams' first year as United Way Worldwide's president and CEO has been marked with challenges: rising inflation, the war in Ukraine driving increased demand for charitable services, and the need to rebuild public trust in her organization.

NATIONAL/INTERNATIONAL BUSINESS

Wall Street closes lower, adding to last week's losses

Stocks closed lower on Wall Street, adding to their recent losses as traders realized how determined the Federal Reserve is to keep interest rates high to fight inflation.

FTC accuses data broker of selling sensitive location data

WASHINGTON (AP) — Federal regulators have sued a data broker they accuse of selling sensitive geolocation data from millions of mobile devices, information that can be used to identify people and track their movements to and from sensitive locations, including reproductive health clinics, homeless shelters and places of worship.

3 of 12 rail unions announce tentative deal with 24% raises

OMAHA, Neb. (AP) — Three of the 12 unions negotiating with the nation's biggest freight railroads have reached a tentative deal which will deliver 24% pay raises, in line with what a special presidential panel of arbitrators recommended earlier this month to resolve the stalemate before a strike could happen.

Walmart seeks to dismiss lawsuit by FTC over money transfers

NEW YORK (AP) — Walmart filed a motion on Monday to dismiss a lawsuit by the Federal Trade Commission in June that accused the nation's largest retailer of allowing its money transfer services to be used by scam artists, calling it an "egregious instance of agency overreach."

UKRAINE

Russia to hold sweeping joint war games with China, others

MOSCOW (AP) — Russia said Monday it will launch sweeping military drills in the country's east that will involve forces from China — a show of increasingly close defense ties between Moscow and Beijing amid tensions with the West over the Kremlin's action in Ukraine.

IAEA to visit Ukraine nuclear plant amid renewed shelling

KYIV (AP) — The U.N. nuclear watchdog on Monday injected a ray of hope in the standoff over the Zaporizhzhia atomic power plant at the heart of fighting in Ukraine by announcing that its mission of top experts "is now on its way" to the facility even as renewed shelling in the area highlighted fears of a catastrophe.

Russia, Ukraine trade claims of nuclear plant attacks

SLOVIANSK, Ukraine (AP) — Russia and Ukraine traded claims of rocket and artillery strikes at or near Europe's largest nuclear power plant on Sunday, intensifying fears that the fighting could cause a massive radiation leak.


FRIDAY, AUGUST 26
SPORTS

Tennessee faces tough Hawaii team in LLWS semifinal

SOUTH WILLIAMSPORT, Pa. (AP) — Hawaii and Tennessee are set for a rematch Saturday to decide which team will represent the United States in the championship of the Little League World Series.

MUSIC INDUSTRY

Naomi Judd autopsy confirms she shot herself

NASHVILLE (AP) — An autopsy report in the death of country singer Naomi Judd that was obtained Friday by The Associated Press confirmed what family members have already said about how she died. Judd, 76, killed herself with a gun on April 30 at her home in Tennessee.

STATE GOVERNMENT

Governor: First lady diagnosed with lymphoma

NASHVILLE (AP) — Tennessee Gov. Bill Lee announced Friday that first lady Maria Lee has been diagnosed with cancer.

MIDSTATE

Bridgestone plans $550M expansion at Tennessee plant

NASHVILLE (AP) — Bridgestone Americas announced on Thursday a $550 million investment to expand and modernize its Warren County, Tennessee, truck and bus radial tire plant in Morrison.

COURTS

FBI: Trump mixed top secret docs with magazines, other items

WASHINGTON (AP) — Fourteen of the 15 boxes recovered from former President Donald Trump's Florida estate early this year contained classified documents, many of them top secret, mixed in with miscellaneous newspapers, magazines and personal correspondence, according to an FBI affidavit released Friday.

Trump search affidavit to be released, portions blacked out

WASHINGTON (AP) — The Justice Department is set to release Friday a heavily blacked out document explaining the justification for an FBI search of former President Donald Trump's Florida estate earlier this month, when agents removed top secret government records and other classified documents.

Secret Service recovers $286M in stolen pandemic loans

WASHINGTON (AP) — The U.S. Secret Service said Friday that it has recovered $286 million in fraudulently obtained pandemic loans and is returning the money to the Small Business Administration.

Pfizer asks EU drug regulator to OK tweaked COVID vaccine

LONDON (AP) — Pfizer and BioNTech have asked the European Medicines Agency to authorize their updated coronavirus booster vaccine that includes the most recent omicron subvariants.

Judge orders more document production in Musk-Twitter suit

DOVER, Del. (AP) — A Delaware judge ordered both Twitter and Tesla CEO Elon Musk to turn over more information to opposing lawyers in their tussle over Musk's agreed-to-then-abandoned $44 billion deal to acquire the social platform.

Meadows, Powell testimony sought in Georgia election probe

ATLANTA (AP) — The prosecutor investigating whether Donald Trump and others illegally tried to influence the 2020 election in Georgia is seeking to compel testimony from more allies of the former president, including former chief of staff Mark Meadows and lawyer Sidney Powell.

HEALTH CARE

Biden calls abortion restrictions 'beyond the pale'

WASHINGTON (AP) — As Republican-led states continue to ban nearly all abortions, President Joe Biden said Friday that such restrictions were "beyond the pale."

TECHNOLOGY

Montenegro reports massive Russian cyberattack against govt

PODGORICA, Montenegro (AP) — Montenegro's security agency warned Friday that hackers from Russia have launched a massive, coordinated cyberattack against the small nation's government and its services.

AUTO INDUSTRY

EXPLAINER: California EV requirements face some obstacles

DETROIT (AP) — California will require all new cars, trucks and SUVs sold in the state to run on electricity or hydrogen by 2035 in an ambitious move away from gasoline-powered vehicles and the pollution they emit.

ENVIRONMENT

EPA to designate 'forever chemicals' as hazardous substances

WASHINGTON (AP) — The Environmental Protection Agency said Friday it is designating some toxic industrial compounds used in cookware, carpets and firefighting foams as hazardous substances under the so-called Superfund law.

ENERGY

Germany: Baltic Sea has 'enormous' wind energy potential

COPENHAGEN, Denmark (AP) — Germany's foreign minister said Friday that estimates show the Baltic Sea can produce wind power that is "more than twice the installed capacity of all German coal-fired power stations" as the country works to meet climate change targets and wean itself off of Russian energy.

MEDIA

CNN management intent on changing perception of the network

NEW YORK (AP) — It was the kind of story that media reporter Brian Stelter would normally sink his teeth into — if only it didn't involve him.

NATIONAL/INTERNATIONAL BUSINESS

Powell: Fed's inflation fight could bring 'pain,' job losses

JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark warning Friday about the Fed's determination to fight inflation with more sharp interest rate hikes: It will likely cause pain for Americans in the form of a weaker economy and job losses.

Stocks sink after Fed's Powell says rates will stay high

NEW YORK (AP) — Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street's hopes that it may soon ease up on rate hikes in its effort to tame inflation. The S&P 500 lost 3.4% Friday, its biggest drop in two months, after Jerome Powell said the Fed will likely need to keep interest rates high enough to slow the economy for some time in order to beat back the high inflation sweeping the country. Tech stocks led the way lower, pulling the Nasdaq composite down even more. Higher rates help corral inflation, but they also hurt asset prices.

Hints of cooling prices, but Fed vows firm inflation stance

WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked.

Spanish market regulator warns about cryptocurrency event

MADRID (AP) — Spanish financial authorities are planning to keep a close eye on a major cryptocurrency metaverse event being organized in Madrid this weekend.

US, China reach deal in dispute over Chinese company audits

WASHINGTON (AP) — The U.S. and China have reached a tentative agreement to allow U.S. regulators to inspect the audits of Chinese companies whose stocks are traded on U.S. exchanges. In a long-festering dispute, U.S. regulators have threatened to boot a number of Chinese companies off the New York Stock Exchange and Nasdaq if China doesn't permit inspections.

Crypto firms say US sanctions limit use of privacy software

WASHINGTON (AP) — The Treasury Department is facing pushback from the cryptocurrency industry over sanctions imposed on a firm accused of helping to launder billions of dollars — with some funds going to North Korean hackers.

Drought forces earliest harvest ever in French wine country

BORDEAUX, France (AP) — The landscape in the prestigious vineyards of Bordeaux looks the same as ever, with healthy, ripe grapes hanging heavy off rows of green vines.

German government reconsiders gas surcharge after backlash

BERLIN (AP) — The German government is considering backtracking on plans for consumers to pay a surcharge on natural gas amid mounting criticism that the money could flow to highly profitable energy companies, officials said Friday.

NATIONAL/INTERNATIONAL POLITICS

Student loan crisis awaits new generation despite Biden plan

WASHINGTON (AP) — For millions of Americans, President Joe Biden's student loan cancellation offers a life-changing chance to escape the burden of debt. But for future generations of students, it doesn't fix the underlying reason for the crisis: the rising cost of college.

UKRAINE

No UN access yet to Russian-occupied nuke plant in Ukraine

KYIV, Ukraine (AP) — A team from the U.N.'s International Atomic Energy Agency is expected to visit the Russian-occupied Zaporizhzhia nuclear plant in Ukraine soon but more shelling was reported in the area overnight. The visit comes after the plant was temporarily knocked offline, fueling fears of a catastrophe in a nation still haunted by the 1986 Chernobyl disaster

Russia divestment promises by US states largely unfulfilled

Driven by moral outrage over Russia's invasion of Ukraine earlier this year, U.S. governors and other top state officials made it clear: They wanted to cut their financial ties with Russia.

IAEA mission seeks to visit Zaporizhzhia plant amid concerns

KYIV, Ukraine (AP) — A mission from the U.N.'s International Atomic Energy Agency is expected to visit the Zaporizhzhia nuclear power plant next week after it was temporarily knocked offline and more shelling was reported in the area overnight, Ukrainian officials said Friday.


THURSDAY, AUGUST 25
COURTS

Judge orders unsealing of redacted affidavit in Trump search

WASHINGTON (AP) — A judge on Thursday ordered the Justice Department to make public a redacted version of the affidavit it relied on when federal agents searched the Florida estate of former President Donald Trump to look for classified documents.

Court: Arkansas can't ban treatment of transgender kids

LITTLE ROCK, Ark. (AP) — A federal appeals court on Thursday said Arkansas can't enforce its ban on transgender children receiving gender-affirming medical care.

Gov. Brian Kemp fights subpoena in Georgia election probe

ATLANTA (AP) — The judge presiding over a special grand jury that's investigating possible illegal attempts to influence the 2020 election in Georgia is wading into a fight over whether Republican Gov. Brian Kemp has to testify before the panel.

HEALTH CARE

Tennessee, 3 more GOP-led states to enact abortion 'trigger laws'

NASHVILLE (AP) — Four more Republican-led states will ban almost all abortions this week as yet another slate of laws severely limiting the procedure takes effect following the U.S. Supreme Court's decision to overturn Roe v. Wade.

Insulin cap for Medicare patients signals hope for others

WASHINGTON (AP) — Years before he came to the Senate, Raphael Warnock spent time bedside with Georgia residents suffering from the long-term effects of diabetes, a condition made worse by limited access to life-saving drugs like insulin.

Swiss drugmaker Novartis to spin off generics unit Sandoz

GENEVA (AP) — Swiss pharmaceuticals company Novartis said Thursday that it plans to spin off its generics subsidiary Sandoz, which generated nearly $10 billion in revenue last year.

Amazon to shutter virtual health care service Amazon Care

NEW YORK (AP) — Amazon is shutting down the hybrid virtual, in-home care service it's spent years developing, a surprising move that underscores the challenges it faces as it moves into health care.

AUTO INDUSTRY

California poised to phase out sale of new gas-powered cars

SACRAMENTO, Calif. (AP) — California is poised to set a 2035 deadline for all new cars, trucks and SUVs sold in the state to be powered by electricity or hydrogen, an ambitious step that will reshape the U.S. car market by speeding the transition to more climate-friendly vehicles.

ENVIRONMENT

Climate change alters life at Fed's Jackson Hole conference

JACKSON HOLE, Wyoming (AP) — When officials of the Federal Reserve Bank of Kansas City sought a location for an annual economic symposium in 1981, they chose Jackson Hole, Wyoming, for a simple reason: It had fly-fishing.

Groups sue Environmental Protection Agency over coal ash

NASHVILLE (AP) — A coalition of environmental groups sued the Environmental Protection Agency on Thursday over its refusal to regulate some older coal ash dumps, claiming they are polluting air and groundwater.

Oil spill settlement reached with California businesses

SANTA ANA, Calif. (AP) — A pipeline operator said Thursday that it has reached a settlement with Southern California tourism companies, fishermen and other businesses that sued after a crude oil spill off the coast last year near Huntington Beach.

ENERGY

UK energy bills are skyrocketing. Why is it happening?

LONDON (AP) — A deepening cost-of-living crisis in Britain is about to get worse, with millions of people expected to pay about 80% more a year on their household energy bills starting in October.

S Korea signs $2.25 billion deal with Russia nuclear company

SEOUL, South Korea (AP) — South Korea has signed a 3 trillion won ($2.25 billion) deal with a Russian state-run nuclear energy company to provide components for Egypt's first nuclear power plant.

MEDIA

Congress wants to hear what Twitter whistleblower has to say

WASHINGTON (AP) — U.S. lawmakers are anxious to hear from Twitter's former security chief, who has alarmed Washington with allegations that the influential social network misled regulators about its cyber defenses and efforts to control fake accounts.

NATIONAL/INTERNATIONAL BUSINESS

US stocks rise again as countdown to Fed speech nears end

NEW YORK (AP) — Stocks are closing higher on Wall Street, clawing back more of their recent losses, as the countdown clicks closer to zero for a highly anticipated speech about interest rates.

Inflation drives shoppers to Dollar General, Dollar Tree

NEW YORK (AP) — Dollar Tree and Goodlettsville-based Dollar General reported rising sales in the second quarter as four-decade high inflation drove more more customers to the bargain chain stores for everything from light bulbs to groceries.

Fewer Americans claim jobless benefits last week

NEW YORK (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy.

Government revision shows economy shrank 0.6% last quarter

WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in an upgrade from its initial estimate. It marked a second straight quarter of economic contraction, which meets one informal sign of a recession.

Labor board files complaint against Starbucks over pay offer

The National Labor Relations Board says Starbucks is violating U.S. labor law by withholding pay hikes and other benefits from stores that have voted to unionize.

Wild week for Peloton shares as earlier gains erased

NEW YORK (AP) — Peloton shares are on a wild ride this week, running up 20% Wednesday on a new partnership with Amazon only to erase those gains at the opening bell Thursday after quarterly losses for the connected exercise equipment maker topped $1.2 billion.

NATIONAL/INTERNATIONAL POLITICS

US upgrades Arctic engagement with new ambassadorial post

WASHINGTON (AP) — The Biden administration said Friday it will upgrade its engagement with the Arctic Council and countries with an interest in a region that's rapidly changing due to climate change.

Student loan crisis awaits new generation despite Biden plan

WASHINGTON (AP) — For millions of Americans, President Joe Biden's student loan cancellation offers a life-changing chance to escape the burden of debt. But for future generations of students, it doesn't fix the underlying reason for the crisis: the rising cost of college.

Student loan forgiveness could help more than 40 million

WASHINGTON (AP) — More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.

Who gets student loan forgiveness? Relief prompts joy, angst

For Nick Marcil, the cancellation of $10,000 of his student loans could mean at last moving out of his parents' house.

What's a Pell grant? How it affects student loan forgiveness

New York (AP) — President Joe Biden's student loan forgiveness program announced on Wednesday aims to provide $10,000 in student debt cancellation for millions of Americans.

Biden names new Secret Service director amid Jan. 6 scrutiny

WASHINGTON (AP) — President Joe Biden on Wednesday named Kim Cheatle, a veteran Secret Service official, to be the agency's next director as it faces controversy over missing text messages around the time thousands of supporters of then-President Donald Trump stormed the U.S. Capitol.

Biden kicks off midterm rally as Democrats see opening

WASHINGTON (AP) — Aiming to turn months of legislative accomplishments into political energy, President Joe Biden will hold a kickoff rally Thursday to boost Democrats' fortunes 75 days out from the midterm elections.

Biden seeks to bolster legal protection for DACA recipients

WASHINGTON (AP) — The Biden administration on Wednesday unveiled a regulation aimed at fending off legal challenges to a decade-old program that shields immigrants from deportation if they arrived as young children.

UKRAINE

Six months into war, Russian goods still flowing to US

BALTIMORE (AP) — On a hot, humid East Coast day this summer, a massive container ship pulled into the Port of Baltimore loaded with sheets of plywood, aluminum rods and radioactive material — all sourced from the fields, forests and factories of Russia.

Lawyers: Trump adviser advised to plead the Fifth in Georgia probe

ATLANTA (AP) — Lawyers for John Eastman, a lead architect of some of Donald Trump's efforts to remain in power after the 2020 election, said Wednesday they advised their client to assert attorney-client privilege and invoke his constitutional right to remain silent when testifying before a special grand jury investigating possible illegal election interference in Georgia.

US: Russian military facing 'severe manpower shortages'

WASHINGTON (AP) — The United States has determined that Russia is suffering "severe manpower shortages" in its six-month-old war with Ukraine and has become more desperate in its efforts to find new troops to send to the front lines, according to a new American intelligence finding disclosed Wednesday.

Stocks end lower in choppy trading, on pace for weekly loss

Stocks closed lower in another day of choppy trading on Wall Street, on pace for a weekly loss after several days of declines. Losses in technology and retail stocks outweighed gains in communications and other sectors. The S&P 500 lost nearly 1% Wednesday after wavering between gains and losses. The Dow Jones Industrial Average and Nasdaq composite also lost ground. Bed Bath & Beyond lost almost a quarter of its value after announcing a major restructuring and a stock sale. Treasury yields were mixed and energy prices fell. The market closed August broadly lower after surging in July.

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