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VOL. 38 | NO. 11 | Friday, March 14, 2014

The right side of the tracks: Restaurants, retailers bet on Sidco Drive after watching other areas take flight

Standing outside the door of a nondescript building, Jeff Hunter directs his eyes up and down Sidco Drive and reckons a guy would have to be “really smart or really crazy” to open a restaurant in the middle of Nashville’s landmark industrial park.

Sidco, Radnor Yards area has rich WWII history

Longtime Nashville real estate broker Ray Tarkington – “I’m in my 70s,” he allows – is one lifelong Nashvillian who is fascinated by the transformation potential of Sidco Drive.

Checks continue slide as card usage increases

Another shopping ritual – writing a check for groceries, and perhaps, adding $20 to the total for some pocket money – may soon be only a memory.

Nashville chefs wow crowd at Charleston Wine + Food Festival

For a newcomer at the BB&T Charleston Wine + Food Festival, the schedule can be overwhelming – in a good way.

Mud Pie: Nashville's Whisper Creek Tennessee Sipping Cream gets star treatment

Pastry Chef Amanee Neirouz of Tristan restaurant in Charleston served a dessert at the BB&T Charleston Wine + Food Festival she created made with Nashville-based Whisper Creek Tennessee Sipping Cream at the Saturday after-party.

Local Weather
Today
Nashville, TN
55°F
Fair
Wind: 8 mph
Humidity: 77%

EVENTS

MTSU Panel Discussion Focuses on Women in Politics. “Serving the Local Community: Women in Murfreesboro City and Rutherford County Governments,” a panel discussion with five influential local women officials, is scheduled for 5-7 p.m. today, MTSU’s Tom Jackson Building. Dr. Ayne Cantrell, MTSU professor emerita, will moderate. The panelists will be Laura Bohling, Circuit Court clerk, Rutherford County; Donna Scott Davenport, Juvenile Court judge, Rutherford County;Joyce Ealy, commissioner, District 19, Rutherford County Commission; Lisa Nolen, finance director, Rutherford County; Madelyn Scales Harris, councilwoman, Murfreesboro City Council. Information: acantrell@comcast.net, barbara.scales@mtsu.edu.

more events »

LEGISLATIVE PROFILE

Turner talks retirement, possible mayoral run

State Representative and Nashville Democrat Mike Turner is retiring from the General Assembly and considering a run for mayor.

VIEW FROM THE HILL

With no Democrats to irritate, legislators turn on Haslam

While the Republican supermajority in the General Assembly is taking away powers from local governments, they are also trying to take away some executive powers from the governor. Not even Gov. Haslam is safe from the power grab.

REALTY CHECK

‘Freezenomics’ keeps high-end buyers home

Freezenomics, a term being bandied about these days, refers to the negative effect cold weather is having on the economy.

REAL ESTATE

Davidson County's Top Lenders for February 2014

A look at Davidson County’s top lenders based on total number of all loans, commercial and residential.

NEWSMAKERS

First Tennessee Bank names 2 to advisory board

Two Nashville business executives, Richard Rogers and John Zobl, have been named to First Tennessee Bank’s Regional Advisory Board.

GUERRILLA MARKETING

Reports of email’s death as marketing tool greatly exaggerated

While email marketing may have lost a bit of luster, given the instant gratification of social media, it’s alive and well and is one of several digital marketing channels businesses are spending significantly more on in 2014.

THE WORLDLY INVESTOR

Examination of data reveals reasons for economic optimism

The first week of the month always produces a torrent of economic data that is capped off by the Friday employment report from the Department of Labor.

I SWEAR

Grisham’s latest: ‘Predictable’ or ‘literary event?’

At the pretrial conference, big-city lawyer Wade Lanier does an “evidence dump.” His witness list includes 45 people not previously disclosed in discovery.

KAY'S COOKING CORNER

The proper way to eat Spinwheels, Oreos

I love Little Debbie Pecan Spinwheels. I usually have a stash of them somewhere, in my car, my camera bag or the pantry at home. They are one of my all-time favorite snacks, and I will be really heartbroken if Little Debbie ever decides to quit selling these little gems.

MUSIC INDUSTRY

3 sons unite to create new Roy Orbison song

NASHVILLE (AP) — Roy Orbison's three sons are all musicians but never really got to play music with their dad — until now.

STATE LEGISLATURE

AG election measure fails again in Senate

NASHVILLE (AP) - A proposed constitutional amendment calling for the popular election of the state's attorney general has failed again in the Senate.

Senate approves bill stripping local control of charter schools

NASHVILLE (AP) - The state Senate has approved legislation that changes the way certain charter schools are authorized.

Haslam signs supermarket wine bill into law

NASHVILLE (AP) - After years of legislative debate, Republican Gov. Bill Haslam on Thursday signed a law to allow supermarket wine sales in Tennessee.

Jeb Bush: Follow through on Common Core standards

NASHVILLE (AP) — Former Florida Gov. Jeb Bush on Wednesday urged state officials to follow through on Common Core education standards despite what he called an "avalanche" of criticism from those who oppose them.

STATEWIDE

IRS says Tennesseans owed $12.8 million for 2010

IRS says Tennesseans owed $12.8 million for 2010

MIDSTATE

Navy's Blue Angels to headline air show in Smyrna

SMYRNA (AP) — The Navy's Blue Angels are returning to the Great Tennessee Air Show in Smyrna.

AUTO INDUSTRY

NY judge approves Toyota-US deal, $1.2B penalty

NEW YORK (AP) — A New York judge has approved a deal letting Toyota pay $1.2 billion and dodge confronting a criminal charge that it defrauded consumers by issuing misleading statements after defects caused Toyota and Lexus vehicles to accelerate unexpectedly and cause injuries and deaths.

Toyota payment could be glimpse into GM's future

DETROIT (AP) — General Motors, beware.

US fine to settle probe delivers relief for Toyota

TOKYO (AP) — Toyota Motor Corp., headed to a record profit, can afford the $1.2 billion fine levied by the U.S. government for hiding information about defects in its cars. If anything, the settlement may even deliver relief for Toyota shareholders and customers as a sign the automaker has put the four-year recall debacle behind it.

10 millionth Accord rolls off Honda lien in Ohio

MARYSVILLE, Ohio (AP) — Honda is marking a big milestone at its Marysville plant in central Ohio as the automaker celebrates the completion of 10 million American-made Accords.

NATIONAL BUSINESS

Gauge of US economy posts solid February gain

WASHINGTON (AP) — A measure of the U.S. economy's health rose in February by the largest amount in three months, suggesting growth should rebound following a severe winter.

US home sales slip to lowest level in 19 months

WASHINGTON (AP) — Sales of U.S. existing homes slipped in February to their lowest level since July 2012 as severe winter weather, rising prices and a tight supply of homes discouraged buyers.

Applications for US jobless aid rose slightly

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits rose 5,000 last week to a seasonally adjusted 320,000, which is close to pre-recession levels and suggests a stable job market.

Average US 30-year mortgage rate down to 4.32 pct.

WASHINGTON (AP) — Average U.S. rates on fixed mortgages declined last week, edging closer to historically low levels.

Chew on this: Gum loses its pop

NEW YORK (AP) — Gum seems as appealing as that sticky wad on the bottom of a shoe these days.

Yellen's tightrope walk in first Q&A as Fed chair

WASHINGTON (AP) — At her first news conference as Federal Reserve chair, Janet Yellen had a message for the financial world: The U.S. economy may need several more years to fully heal from the Great Recession.

Stocks gain on better US economic news

NEW YORK (AP) — The stock market rebounded Thursday as encouraging news on the economy outweighed investors' concerns that interest rates may start climbing sooner than anticipated. Stocks were higher by early afternoon, having erased all of their losses from the day before, when Fed Chair Janet Yellen suggested that interest rates could rise next year.

Oil slips as Crimea tensions ease, dollar rises

The price of oil slipped back slightly on Thursday as concerns waned over the Ukrainian crisis and the economic slowdown in emerging markets.


WEDNESDAY, MARCH 20
STATE LEGISLATURE

Carr responds angrily to student singing

NASHVILLE (AP) - College students breaking into a Civil Rights song after a voter ID bill they supported was punted by a legislative committee caused an angry outburst from Rep. Joe Carr, the panel's chairman and a Republican candidate for the U.S. Senate.

Haslam's free tuition proposal advancing in Senate

NASHVILLE (AP) - Gov. Bill Haslam's proposal to create a community college program for all high school graduates is advancing in the Senate.

STATEWIDE

Chris Christie to keynote Tennessee GOP fundraiser

NASHVILLE (AP) - New Jersey Gov. Chris Christie is scheduled to headline the Tennessee Republican Party's annual fundraiser on May 30.

GOP leaders meet in Tennessee amid Common Core discord

NASHVILLE (AP) — Former Florida Gov. Jeb Bush and two top Tennessee Republicans are meeting at an upscale Nashville hotel Wednesday to discuss education policies that have caused divisions within the GOP around the country — including within the Tennessee General Assembly located across the street.

FedEx profit up, but misses expectations

DALLAS (AP) — FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations.

HEALTH CARE

Health law concerns for cancer centers

WASHINGTON (AP) — Cancer patients relieved that they can get insurance coverage because of the new health care law may be disappointed to learn that some the nation's best cancer hospitals are off-limits.

AUTO INDUSTRY

Toyota to pay $1.2B to settle criminal probe

WASHINGTON (AP) — Toyota agreed to pay $1.2 billion to settle an investigation by the U.S. government, admitting that it hid information about defects that caused Toyota and Lexus vehicles to accelerate unexpectedly and resulted in injuries and deaths.

NATIONAL BUSINESS

Fed clarifies guidance on short-term rates

WASHINGTON (AP) — Janet Yellen tried at her first news conference as Federal Reserve chair to clarify a question that's consumed investors: When will the Fed start raising short-term interest rates from record lows?

US current account deficit falls to 14-year low

WASHINGTON (AP) — Big gains in exports and overseas investment income narrowed the U.S. current account deficit to the lowest level in 14 years in the October-December quarter.

Higher interest rates talk spooks stocks

NEW YORK (AP) — Higher interest rates are coming. And they are coming sooner than you think.

Oil slightly lower ahead of US stockpiles report

The price of oil was down slightly Wednesday as energy markets waited for the latest figures on U.S. crude and fuel stockpiles.

Jesse Jackson to take on tech's lack of diversity

The Rev. Jesse Jackson plans to lead a delegation to the Hewlett-Packard annual shareholders meeting on Wednesday to bring attention to Silicon Valley's poor record of including blacks and Latinos in hiring, board appointments and startup funding.

London 'draining life' from rest of UK economy

LONDON (AP) — There's London. And then there's the rest of the U.K.

Sony unveils virtual reality headset for PS4

SAN FRANCISCO (AP) — Sony is getting into the virtual reality business. The Japanese electronics and gaming giant unveiled a prototype virtual reality headset to be used in conjunction with its PlayStation 4 video game console during a Tuesday talk at the Game Developers Conference.


TUESDAY, MARCH 18
MUSIC INDUSTRY

1st production model Stratocaster for sale: $250K

NASHVILLE (AP) - George Gruhn's guitar shop in Nashville is a kind of mecca for fine, vintage musical instruments, but even Gruhn is blown away by the latest addition to his inventory. He says it's the very first production model Fender Stratocaster ever made.

STATE LEGISLATURE

Haslam's free tuition proposal advancing in House

NASHVILLE (AP) - Gov. Bill Haslam's proposal to create a community college program for all high school graduates is a step closer to a full House vote.

Haslam pushing Common Core standards

NASHVILLE (AP) - Gov. Bill Haslam reiterated Tuesday that Common Core education standards are crucial to continuing to improve education in Tennessee and he hopes to dismiss misconceptions about them.

Lawmakers mull full repeal of Tennessee whiskey law

NASHVILLE (AP) - State lawmakers are considering an outright repeal of a 2013 law that established, for the first time, a legal definition of Tennessee whiskey.

Common Core data bill passes Senate 31-2

NASHVILLE (AP) — Legislation that would require any data collected under Tennessee's Common Core standards only be used to track the academic progress and needs of students was approved by the Senate on Monday.

House rejects Senate changes to Medicaid bill

NASHVILLE (AP) — The House has rejected Senate changes to a bill to require the governor to seek legislative approval for any prospective deal to expand Medicaid in Tennessee.

Bill makes changes to State Textbook Commission

NASHVILLE (AP) — A proposal that makes changes to the process for selecting books for state schools has been approved by the Senate.

STATEWIDE

Haslam appeals same-sex marriage order

NASHVILLE (AP) - Tennessee's governor on Tuesday asked a federal judge to put her ruling requiring the state to recognize the marriages of three same-sex couples on hold while a higher court weighs in on the case.

Tennessee not only state looking at $0 community college tuition

PORTLAND, Ore. (AP) — Nothing sparks consumer demand like the word "free," and politicians in some states have proposed the idea of providing that incentive to get young people to attend community college.

NASHVILLE AREA

Program to allow students to tour Tennessee's executive residence

NASHVILLE (AP) — A new field trip program at Tennessee's executive residence will allow students to take a tour of the home and learn about its history.

COURTS

Court upholds retention elections for judges

NASHVILLE (AP) — A special state Supreme Court panel ruled Monday that Tennessee's current retention election system for appellate court judges does not violate the state constitution.

AUTO INDUSTRY

Barra apologizes for deaths tied to recalled cars

DETROIT (AP) — The top executive of General Motors apologized for deaths linked to the delayed recall of 1.6 million small cars, saying the company took too long to bring the cars in for repairs.

GM creates new post to spearhead safety issues

DETROIT (AP) — General Motors has named a 40-year engineer as its new safety chief, placing a single person in charge of recalls and other safety issues as it deals with a huge compact car recall that has damaged the company's reputation.

European car sales grow for 6th month

MILAN (AP) — European car sales grew for a sixth consecutive month in February but remained at a low level as the market recovered slowly from the financial crisis.

NATIONAL BUSINESS

Stocks gain after reports on housing, Ukraine

NEW YORK (AP) — Encouraging news on the economy gave the stock market a boost on Tuesday.

Oil gains most in 2 weeks on US factory data

The price of oil rose the most in two weeks Tuesday after strong U.S. factory data and an apparent easing in tensions over Ukraine.

US home construction fell for a 3rd month in Feb.

WASHINGTON (AP) — U.S. home construction fell for a third month in February, but in a hopeful sign, applications for building permits rose to their highest level in four months.

US CEOs' optimism on economy reaches 2-year high

WASHINGTON (AP) — U.S. chief executives have grown more optimistic about economic growth this year, and more of them plan to boost spending and hiring within the next six months.

US consumer prices tick up just 0.1 percent

WASHINGTON (AP) — Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.

Yellen to put Fed's new leadership on display

WASHINGTON (AP) — The Janet Yellen era at the Federal Reserve begins in earnest this week with a two-day meeting, a policy statement and fresh economic forecasts. Yet all that will be a prelude to the marquee event: Yellen's first news conference as Fed chair.

Wal-Mart to accept video game trade-ins in stores

NEW YORK (AP) — Wal-Mart plans to expand its video game trade-in program to its stores, offering store credit for thousands of video games.


MONDAY, MARCH 17
MUSIC INDUSTRY

Kiss, Def Leppard pair up for summer tour, Nashville date

NEW YORK (AP) - Kiss and Def Leppard are joining forces for a summer tour with a stop in Nashville.

STATEWIDE

Jack Daniel's opposes changing Tennessee whiskey law

NASHVILLE (AP) - If it isn't fermented in Tennessee from mash of at least 51 percent corn, aged in new charred oak barrels, filtered through maple charcoal and bottled at a minimum of 80 proof, it isn't Tennessee whiskey. So says a year-old law that resembles almost to the letter the process used to make Jack Daniel's, the world's best-known Tennessee whiskey.

Tennessee honored for reforestation program

NASHVILLE (AP) — The Tennessee Wildlife Resources Agency has received the Arbor Day Foundation's 2014 Forest Lands Leadership Award.

STATE LEGISLATURE

Haslam agenda hits hard times in Legislature

NASHVILLE (AP) — Gov. Bill Haslam's agenda is falling on hard times with fellow Republicans in the Tennessee General Assembly.

AUTO INDUSTRY

Ohio auto dealers fight Tesla over sales model

COLUMBUS, Ohio (AP) — Ohio auto dealers are sparring with California-based automaker Tesla, which is selling its electric cars from two Ohio storefronts.

Another GM recall: 1.18M SUVs for air bag issue

DETROIT (AP) — General Motors is recalling more than 1.5 million vehicles, including SUVs, vans and Cadillacs, for defective air bags and other problems.

Toyota shuts 2 India plants in lockout over wages

MUMBAI, India (AP) — Toyota said Monday it has shut down production at its two auto-assembly plants in India, locking out 6,400 workers amid testy wage negotiations and allegations of threats against management.

NATIONAL BUSINESS

US stocks rebound as factory output surges

NEW YORK (AP) — Stocks are sharply higher following news that output at U.S. factories surged last month.

Oil down after Crimea votes to split from Ukraine

The price of oil fell Monday near $98 a barrel after Crimea voted to split from Ukraine and join Russia, a development already anticipated by investors. The vote triggered sanctions by the EU and U.S. against Russia, but none that affected the country's energy industry.

US homebuilder confidence edges higher in March

U.S. homebuilders' confidence in the housing market edged higher this month, reflecting improved demand for new homes as the traditional spring home-selling season ramps up.

US factory output rose in Feb. by most in 6 months

WASHINGTON (AP) — U.S. factory output rebounded strongly in February after harsh winter storms caused a steep drop-off in production in January. Manufacturers produced more autos, home electronics and chemicals.

US lags as commercial drones take off around globe

WASHINGTON (AP) — A small, four-rotor drone hovered over Washington Nationals players for a few days during spring training in Florida last month, taking publicity photos impossible for a human photographer to capture. But no one got the Federal Aviation Administration's permission first.


FRIDAY, MARCH 14
STATEWIDE

Court: Tennessee must recognize 3 same-sex marriages

NASHVILLE (AP) - A federal judge ordered the state of Tennessee on Friday to recognize the marriages of three same-sex couples while their lawsuit against the state works its way through the court system.

AG: Tennessee can lawfully electrocute inmates

NASHVILLE (AP) — The State Attorney General says Tennessee can lawfully use the electric chair on death row inmates if drugs used for lethal injection are not available.

STATE LEGISLATURE

Tennessee House votes to delay Common Core standards

NASHVILLE (AP) - A proposal to delay further implementation of the state's Common Core standards was approved in the House on Thursday, even though Republican Gov. Bill Haslam has called them key to Tennessee students' improvement.

Bill shields school religious displays from suits

NASHVILLE (AP) — Legislation that would protect schools from lawsuits for allowing traditional winter celebrations and religious displays has been approved in the House.

Senate decries 'radical agenda' of UT's Sex Week

NASHVILLE (AP) — The state Senate has passed a resolution directing the University of Tennessee to require parents to opt in to allowing student fees to go toward events deemed "controversial or objectionable."

MIDSTATE

Official: Hankook recruiting to start soon

CLARKSVILLE (AP) — Hankook Tire will begin recruiting soon for the first openings at its Clarksville plant and focus primarily on administrative jobs with production positions to come later.

HEALTH CARE

Obama says health care program stable

WASHINGTON (AP) — Despite a disastrous start and relentless Republican opposition, President Barack Obama said Friday that enrollment in his signature health care program is high enough to make it stable for the millions who have signed up.

NATIONAL BUSINESS

US producer prices dip 0.1 percent in February

WASHINGTON (AP) — The prices companies receive for their goods and services fell slightly in February, the latest sign that inflation is tame.

Stocks end lower ahead of critical Ukraine vote

The U.S. stock market is ending lower as investors brace for a critical vote this weekend over the future Ukraine's Crimea peninsula.

Oil prices edge up ahead of Crimea secession vote

The price of oil rose Friday on concerns that tensions could rise in the Russia-Ukraine situation with this weekend's referendum on Crimean secession.

Rule targets for-profit colleges over student debt

WASHINGTON (AP) — The Obama administration is proposing new rules designed to protect students at for-profit colleges from amassing huge debt they can't pay off — and still pass judicial muster after a previous version was thrown out by a federal judge.

BP regains ability to do work for government

WASHINGTON (AP) — The oil company behind the largest offshore oil spill in U.S. history can once again perform work for the federal government.

IMF warns income disparities can hurt economies

WASHINGTON (AP) — The International Monetary Fund warned Thursday that wide income inequality can slow economic growth and is proposing ways to reduce it.

US budget deficit hits $193.5 billion in February

WASHINGTON (AP) — The U.S. government is running a deficit that is 23.6 percent lower than in the same period a year ago through the first five months of this budget year, another sign of improvement in the nation's finances.

McDonald's hit by lawsuits over worker pay

NEW YORK (AP) — McDonald's workers in three states filed lawsuits against the fast-food chain this week, saying the company engages in a variety of practices to avoid paying them what they're owed.

Google redesigns search results on PCs

SAN FRANCISCO (AP) — Google's search results on desktop and laptop computers now look slightly different thanks to a makeover that mirrors a design introduced on smartphones and tablets a few months ago.

Devices to track truck, bus driver hours proposed

WASHINGTON (AP) — Commercial trucks and buses that cross state lines would have to be equipped with electronic devices that record how many hours the vehicles are in operation, according to a government proposal Thursday aimed at preventing accidents by tired drivers.

NATIONAL POLITICS

Boehner questions Senate unemployment deal

WASHINGTON (AP) — House Speaker John Boehner questioned the feasibility of a bipartisan Senate deal to renew expired benefits for the long-term unemployed, a remark that seemed to suggest the agreement could be in trouble in the House.

Senators strike bipartisan jobless benefits deal

WASHINGTON (AP) — Chalk up one partisan election-year battle that senators seem likely to resolve when they return from recess later this month — the fight over renewing expired benefits for the long-term unemployed.

Obama signs memo to strengthen overtime pay rules

WASHINGTON (AP) — Seeking to influence workers' incomes where possible, President Barack Obama signed a presidential memorandum Thursday directing the Labor Department to devise new overtime rules that would make more workers eligible for time-and-a-half pay for their extra hours of work.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0