VOL. 38 | NO. 16 | Friday, April 18, 2014
EMPHASIS ISSUE: RESIDENTIAL REAL ESTATE
With just half the floor space of a typical new house, Hana Crume’s East Nashville home is unusual. But it won’t be that way for long.
Miami, Charlotte and Fort Worth are a long way from Nashville, but for three of the nation’s largest homebuilding and development companies, the rewards are worth the journey.
Cruise down Medical Center Parkway in the Gateway area of Murfreesboro, just east of I-24, and you’ll see a $60 million construction project dominating the horizon.
March 2014 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.
A look at Davidson County’s top lenders based on total number of all loans, commercial and residential. Only loans that have the actual lender name listed on the trust deed filing are included.
The Greater Nashville Association of Realtors’ March data show there were 2,530 closings in March 2014 compared to 2,562 for March 2013.
Baker Donelson has elected 13 new shareholders across the firm, including two attorneys in its Nashville office, Joel R. Buckberg and Ashby Q. Burks.
For those in marketing, there is never, ever enough time in the day to get it all done.
THE WORLDLY INVESTOR
Last week, we discussed that the wrestling match between stimulus and global debt deleveraging will continue to create anxiety and volatility for investors. Viewing the world through this prism helps to clarify seemingly baffling market movements.
To file or not to file? For an extension, that is. Indeed, this is the question. For mid-April is upon us yet again.
KAY'S COOKING CORNER
This week’s cooking column is written by my daughter April Sherrill
LEBANON (AP) - Cracker Barrel says that preliminary results show its shareholders have overwhelmingly rejected two proposals put forth by an activist stockholder.
NASHVILLE (AP) — Gov. Bill Haslam has signed a bill into law to ban the shredding of Imagine Library books delivered to the incorrect addresses.
FORT CAMPBELL, Ky. (AP) — First lady Michelle Obama and Jill Biden are visiting Fort Campbell to speak with soldiers and their families at a jobs and career fair.
WASHINGTON (AP) — Aiming to streamline employment resources for people leaving the military, the government is creating an integrated website that can help job-seekers create resumes, connect with employers and become part of a database of veterans and their spouses for companies to mine for skills and talents.
That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul.
TOKYO (AP) — Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.
NEW YORK (AP) — The stock market is closing slightly lower as several U.S. companies report disappointing earnings.
The price of oil slipped Wednesday as a government report showed U.S. oil supplies rose more than expected last week.
MCLEAN, Va. (AP) — Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny.
NEW YORK (AP) — If you'd like to live in Downton Abbey, the good news is that our economy has entered a second Gilded Age of opulence and elegance.
WASHINGTON (AP) — The number of Americans buying new homes plummeted in March to the slowest pace in eight months, a sign that real estate's spring buying season is off to a weak start.
NEW YORK (AP) — Fans of classic HBO shows like "The Sopranos" and "The Wire" will soon have access to those series and more through Amazon Prime in the first online streaming deal signed by the cable network.
LOS ANGELES (AP) — Microsoft is expanding a program that gives schools the ability to prevent ads from appearing in search results when they use its Bing search engine. The program, launched in a pilot program earlier this year, is now available to all U.S. schools, public or private, from kindergarten through the 12th grade.
WASHINGTON (AP) — The National Mediation Board said Tuesday that pilots at JetBlue Airways Corp. voted overwhelmingly to unionize, reversing two earlier votes.
WASHINGTON (AP) — The Obama administration is significantly reducing the amount of cellulosic biofuels refiners will have to prove they blended into gasoline last year, acknowledging that the market lagged far behind government projections.
TUESDAY, APRIL 22
NASHVILLE (AP) - Ronnie Milsap, Mac Wiseman and the late Hank Cochran are the newest members of the Country Music Hall of Fame.
WASHINGTON (AP) — Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.
NASHVILLE (AP) - The state Supreme Court has agreed to hear an appeal by a Loudon County woman who tried to heal her daughter's cancer through prayer.
NASHVILLE (AP) — Thirteen communities in the Southeast, including Murfreesboro, are hoping to be designated as sustainable communities by the Tennessee Valley Authority.
NASHVILLE (AP) - House Democratic leaders said Tuesday that Republican Gov. Bill Haslam's decision not to expand Medicaid in Tennessee eclipses his signature plan to cover tuition at two-year colleges.
NASHVILLE (AP) — A federal judge is scheduled to hear arguments today in a hearing that could ultimately decide whether the Tennessee Democratic Party should be forced to put Mark Clayton on the ballot in the Democratic primary for governor.
DETROIT (AP) — General Motors Co. is asking a U.S. bankruptcy judge to shield it from legal claims for actions that took place before the company's 2009 bankruptcy.
NEW YORK (AP) — The stock market is notching its sixth gain in a row as more U.S. companies report solid earnings.
WASHINGTON (AP) — With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads — a bit.
WASHINGTON (AP) — Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
WASHINGTON (AP) — Spring's thaw is reviving the economy, too.
NEW YORK (AP) — AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.
The price of oil slipped closer to $104 a barrel Monday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.
RICHMOND, Va. (AP) — Smokers are increasingly turning to battery-powered electronic cigarettes to get their nicotine fix. They're about to find out what federal regulators have to say about the popular devices.
SAN FRANCISCO (AP) — Netflix is preparing a sequel unlikely to be a hit with its subscribers. The Internet video service is about to raise its prices for the first time in three years to help pay for more Internet video programming such as its popular political drama "House of Cards."
PHILADELPHIA (AP) — Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight Show."
MONDAY, APRIL 21
NEW YORK (AP) - AT&T plans a major expansion of super-fast Internet services to cover as many as 100 municipalities in 25 metropolitan areas, possibly including Nashville.
NASHVILLE (AP) - Commuters who live in Dickson will have a chance for free bus rides to and from Nashville for two weeks beginning on April 28.
NASHVILLE (AP) - The United Auto Workers announced Monday it is withdrawing its appeal of the outcome of a union vote at Volkswagen's assembly plant in Tennessee.
WASHINGTON (AP) — The U.S. Supreme Court is hearing arguments Monday in Argentina's decade-long battle with holders of its defaulted bonds.
The price of oil edged higher Monday and stayed above $104 per barrel as investors watched the simmering tensions in Ukraine.
WASHINGTON (AP) — A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow.
NEW YORK (AP) — Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics.
NEW YORK (AP) — Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese.
FRIDAY, APRIL 18
NASHVILLE (AP) - Tennessee arts organizations are receiving more than $995,000 in the National Endowment for the Arts' latest round of giving.
NASHVILLE (AP) - Opponents of a Tennessee bill that would punish pregnant women who abuse narcotics say it will have the unintended consequence of hurting the very people it's supposed to protect: the babies.
Here is a list of some of the winners and losers of the legislative session that concluded on Thursday.
NASHVILLE (AP) - State lawmakers concluded a session Thursday in which they approved measures to allow folks to buy wine in grocery stores, fight methamphetamine production and give high school graduates free tuition at community colleges.
NASHVILLE (AP) - The Senate has backed down in its standoff with the House over Gov. Bill Haslam's bill to limit the sale of cold and allergy medicines used to make illegal methamphetamine.
NASHVILLE (AP) - Legislation that makes changes to the process for selecting books for public schools is headed to Republican Gov. Bill Haslam's desk.
NASHVILLE (AP) — The testing component of Tennessee's Common Core education standards would be delayed a year under legislation headed to Republican Gov. Bill Haslam's desk.
NASHVILLE (AP) — Tennessee could electrocute death row inmates if lethal injection drugs are unavailable under legislation that's headed for Republican Gov. Bill Haslam's desk.
MURFREESBORO (AP) - Court records show that circuit judges in Rutherford County have recused themselves from hearing a lawsuit over a mosque cemetery.
WASHINGTON (AP) — A federal appeals court has turned aside a challenge by environmental groups to an air pollution standard for cement plants.
NASHVILLE (AP) - Previously unreleased recordings of country music legend Hank Williams performing songs on a 1950 radio show will be released next month for download and on vinyl.
DETROIT (AP) — General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race.
DETROIT (AP) — A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced.
WASHINGTON (AP) — A surge of eleventh-hour enrollments has improved the outlook for President Barack Obama's health care law, with more people signing up overall and a much-needed spark of interest among young adults.
BEIJING (AP) — Asian stocks were mostly higher in trading muted by Good Friday observance.
NEW YORK (AP) — Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.
The price of oil rose past $104 per barrel Thursday on worries over the upheaval in Ukraine.
NEW YORK (AP) — Facebook users in the U.S. will soon be able to see which of their friends are in close proximity using a new feature the company is launching on Thursday.
WASHINGTON (AP) — The rhetoric is heating up between Northwestern University and a group that's trying to unionize college athletes.
WASHINGTON (AP) — Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December.
NEW YORK (AP) — Wal-Mart is offering another incentive to its customers to spend more time at its stores.
WASHINGTON (AP) — The Congressional Budget Office estimates that a Senate Democratic proposal gradually boosting the minimum wage to $10.10 hourly would force businesses to spend $15 billion more in salaries in 2017.
WASHINGTON (AP) — The State Department is giving federal agencies more time to review the Keystone XL pipeline before deciding whether to issue a permit.