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VOL. 38 | NO. 28 | Friday, July 11, 2014

Device tattles on teen drivers

Life-saving innovation yet another Nashville tech success story

As Nashville’s robust technology sector continues to grow, more and more homegrown tech talent is opting to stay home.

Tennessee teens give splitsecnd tool a test drive

When Cyber Physical Systems was ready to launch splitsecnd, its driver-safety product, the Nashville-based company wanted to do so in its own backyard.

Teen driving fact sheet

 Traffic accidents are the No. 1 cause of teenage deaths in the United States.

Madison Mill relocation cheers Cheatham

When Nashville-based Madison Mill Inc. announced plans to move its millwork, building material, and lawn and garden business from Charlotte Avenue to Ashland City by the end of 2015, it was the result of aggressive efforts by a coalition of local leaders to bring new business and investments, increased jobs and a more enriched quality of life to the Cheatham County area.

Local Weather
Today
Nashville, TN
79°F
Partly Cloudy
Wind: 0 mph
Humidity: 60%

EVENTS

Uncle Dave Macon Days July 11-13. Voted one of the best events in the Southeast, Uncle Dave Macon Days is a three-day, old-time festival that is filled with bluegrass and old-time music and dance contests, impromptu jam sessions, arts and crafts, demonstrations and workshops, a car show, kids’ activities and more. 10 a.m. each day, Cannonsburgh Village, 312 S. Front Street, Murfreesboro. Information: http://uncledavemacondays.com.

more events »

STREET LEVEL

Staring down the wrecking ball on Music Row

The lovely (in spirit and appearance) – young woman crosses her legs when she sits on an upholstered bench at Ben Folds’ Steinway and looks around the 75-by-45-foot room with the uncertain future.

REALTY CHECK

Zillow-lovers grouse without knowing the facts

Here’s what some people like to do.

NEWSMAKERS

Dickinson Wright hires for Music Row office

Attorneys Derek Crownover, Austen Adams and Cam Caldwell have joined Dickinson Wright PLLC in Nashville to launch the firm’s office on Music Row and lead its expanded Entertainment Law Practice Group.

GUERRILLA MARKETING

Email marketing requires attention

Editor’s Note: This is the second in a two-part series.

I SWEAR

Toddler decides to be on first name basis with relative

A recent weekend found Uncle Vic traversing the road between Little Rock and the South Mississippi hometown of great-nephew R.P. The subject of an I Swear column in January of last year, R.P. will soon be 18 months old.

CAREER CORNER

Too much parental help can hurt college grads

Parents of newly minted graduates have all heard about it: The “Boomerang Generation.” According to Pew Research Center, it’s estimated that some 45 percent of college graduates between the ages of 18 and 24 are living at home with family. If you are a parent, you may be wondering what you can do to give your children the gift of independence.

KAY'S COOKING CORNER

Peach Capital of the World isn't in Georgia

“A rose is a rose,” but when is a rose not a rose? When it is a peach. If you do not already know, peaches are from the Rose family (Prunus), and are classified as a “stone fruit” or “drupe.”

BUSINESS BOOK REVIEW

Birth of an icon: Essence magazine overcomes

It’s never been done before.


FRIDAY, JULY 11

NATIONAL BUSINESS

Tobacco firms Reynolds, Lorillard in merger talks

  9:05am

RICHMOND, Va. (AP) — Cigarette makers Reynolds American Inc. and Lorillard Inc. on Friday said they are in talks of a possible merger that would combine two of the nation's oldest and biggest tobacco companies.

Stocks little changed, on track for weekly loss

  4:06pm

NEW YORK (AP) — The stock market rose slightly Friday but was still headed for its biggest weekly loss since April as investors assessed corporate news. The market ended the previous week at a record high.

Oil rises for first time in 2 weeks, near $103

  9:12am

The Associated Press - The price of oil bounced back late Thursday and rose for the first time in two weeks.

Economists downgrade forecasts for US growth

  8:02am

WASHINGTON (AP) — U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

Downside of low US mortgage rates? Less selling

  8:49am

WASHINGTON (AP) — Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.

Wells Fargo profit edges up 3 percent in quarter

  9:07am

The Associated Press - Wells Fargo said its second-quarter profit edged up 3 percent, helped by higher deposit balances and a drop in the amount of loans that went bad. Revenue slipped.

US records $71 billion budget surplus in June

  1:32pm

WASHINGTON (AP) — The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008.

Amazon asks FAA for permission to fly drones

  1:16pm

NEW YORK (AP) — Amazon is asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.

Report drives soybean prices near 4-year low

  3:27pm

The Associated Press -- Soybean contracts sank to their lowest price in almost four years after a government report bolstered expectations for ample supplies.

NATIONAL POLITICS

Fall elections loom over governors' meeting

  7:29am

NASHVILLE (AP) — Partisan divisions over immigration, education and health care are intensifying as dozens of the nation's governors meet just months before elections thick with presidential implications.

GREEN BUSINESS

Inventor pushes solar panels for roads, highways

  7:05am

SPOKANE, Wash. (AP) — The solar panels that Idaho inventor Scott Brusaw has built aren't meant for rooftops. They are meant for roads, driveways, parking lots, bike trails and, eventually, highways.

STATEWIDE

John Seigenthaler, Tennessee journalist, dies

  3:16pm

NASHVILLE (AP) — John Seigenthaler, the journalist who edited The Tennessean newspaper, helped shape USA Today and worked for civil rights during the Kennedy administration, died Friday at his Nashville home at age 86, his son said.

3 Democratic Supreme Court justices launch TV ad

  7:14am

NASHVILLE (AP) — The three Supreme Court justices facing retention elections next month have launched a television ad to stress their dedication to the federal and state constitutions.

Tenn. neighborhood attracting bears

  7:19am

KNOXVILLE (AP) — Tennessee wildlife officials say a black bear spotted in a West Knoxville neighborhood will be left alone as long as it returns the favor.

AUTO INDUSTRY

NHTSA probes 500K Ford cars for steering issues

  3:25pm

NEW YORK (AP) — The National Highway Traffic Safety Administration says it is investigating steering problems in about 500,000 Ford cars.

Automotive systems maker expanding in Sumner Co.

  7:25am

GALLATIN (AP) — Officials say the expansion of an automotive systems manufacturer in Gallatin could create 230 new jobs over the next five years in Sumner County.

Chrysler recalls 651,000 SUVs for mirror lights

  8:21am

NEW YORK (AP) — Chrysler says it is recalling 651,000 Jeep and Dodge SUVs in the U.S. because vanity mirror lights that have undergone repairs can short circuit and start a fire if not reassembled correctly.

NATIONAL BUSINESS

US stocks lower due to European banking worries

NEW YORK (AP) — Stocks fell Thursday as worries about the soundness of a European bank spooked U.S. investors, prompting them to sell off stocks and snap up less risky assets like gold and governments bonds. However, the declines were half of what they were earlier in the session.

US unemployment aid applications fall to 304,000

WASHINGTON (AP) — Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

Portuguese bank fears rekindle euro market tension

LISBON, Portugal (AP) — The specter of Europe's financial crisis is back to haunt investors.

More 'headline-grabbing' corporate deals expected

LONDON (AP) — More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.

MUSIC INDUSTRY

Brooks' music coming to digital via his own site

NASHVILLE (AP) — Garth Brooks is finally embracing digital music, but he's doing it his own way.

REGION

Kentucky coal group sues TVA over Paradise plant

LOUISVILLE, Ky. (AP) — A group of landowners and a Kentucky coal industry group are asking a federal judge to halt plans to shut down two coal-fired units at a Tennessee Valley Authority power plant in western Kentucky.

AUTO INDUSTRY

Union official: Local coming for Volkswagen plant

NASHVILLE (AP) — An official with the United Auto Workers, which suffered a stinging defeat in its attempt to unionize Volkswagen's assembly plant in Tennessee earlier this year, said Thursday that it is forming a new local at the plant.

STATEWIDE

Family Bible records now available on website

NASHVILLE (AP) — Visitors to the website of the Tennessee State Library and Archives can now access family Bible records.

TSU to get 'StormReady' designation

NASHVILLE (AP) — Tennessee State University says it is receiving a certification from the National Weather Service signifying that the university is well prepared to protect its people and property from severe weather.

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