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VOL. 37 | NO. 16 | Friday, April 19, 2013

Popping in for a bite

Pop-up restaurants have become a serious player in Nashville’s food scene. But if you want a taste, you’ll have to be quick.

Chef Sarah Gavigan has popped up often enough to know that in Nashville, at least, pop-up restaurants have found a foothold with foodies.

National food writers praise Nashville cuisine

The first time New York Times writer Kim Severson wrote about the Nashville food scene last June, she got as much heat for using the term “hipster” as she did praise for her focus on Nashville’s food trends.

New TSU leader: 5 points to better future

She may have graduated quietly from Tennessee State University in 1974, but Glenda Baskin Glover, Ph.D, CPA, JD, has created quite a buzz by coming “home” with excitement and determination as its newly appointed president.

LEGISLATIVE PROFILE

New legislator learns about unintentional consequences

As a freshman lawmaker, state Sen. Steven Dickerson (R-Nashville) says he spent his first legislative session “pretty-tightly circumscribed.”

Local Weather
Today
Nashville, TN
92°F
Mostly Cloudy
Wind: 7 mph
Humidity: 54%

EVENTS

44th annual Nashville Film Festival. Named one of the top five in the U.S. by Brooks Institute, and an Academy Award qualifier, The Nashville Film Festival, which runs through Thursday, has become one of the premier showcases for the best new work of American and international filmmakers. The festival screens films that represent the creative risk filmmakers take to tell powerful and important stories innovatively. All showings held at Regal Green Hills Cinema. Complete lineup available at NashvilleFilmFestival.org.

more events »

REALTY CHECK

Ghosts of owners past haunt potential buyers

In the movie “Terms of Endearment,” Shirley MacLaine played the mother of a character played by Debra Winger, who is diagnosed with cancer.

REAL ESTATE

Top Midstate commercial real estate transactions for March 2013

Top March 2013 commercial real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

NEWSMAKERS

Vanderbilt’s Kinch to lead Tennessee Nurses Association

Jill Kinch, MSN, APN, advanced practice nurse team manager for Perioperative and Procedural Services at the Monroe Carell Jr. Children’s Hospital at Vanderbilt, has been appointed president of the Tennessee Nurses Association (TNA).

BUSINESS BOOK REVIEW

Your business plan might need a tweet

Business is a little off.

GUERRILLA MARKETING

Does brand match your personality?

We naturally navigate to those with interesting personalities in real life, and so it stands to reason that the same holds true in the digital world. Why, then, do so many brands come across as cold and completely void of personality when communicating through social media?

THE WORLDLY INVESTOR

Grand bargain would be good for investors

As the S&P 500 continued to set new highs last week, Washington returned to the forefront as Pres. Barack Obama released his fiscal year 2014 budget.

SMART STUFF 4 WORK

Greenleaf on servant leadership

This weekend I took the time to reread Robert K. Greenleaf’s essay titled “The Servant as a Leader.” I thought some of the ideas in the essay were worth sharing with you.

I SWEAR

Save the apostrophe! Now, please don’t misuse it

Henry Chu of the Los Angeles Times reported in late March that “To grammarians’ delight, officials in southwest England who had considered expunging apostrophes from street signs threw out the idea … and vowed to follow the rules of proper English.” Ha! Good luck with that!

KAY'S COOKING CORNER

Twinkies were made with banana creme?

I haven't written a food quiz in quite a while, and after the prompting of some of my readers, I figured I’d better get to cooking. See how many of the questions you can answer correctly. Good luck.

MIDSTATE

Michigan contractor killed at Nissan's Smyrna plant

SMYRNA (AP) - Nissan officials say an employee of a supplier died in a fatal accident at its vehicle assembly plant in Smyrna.

Rutherford County teachers file state complaint

MURFREESBORO (AP) — The Rutherford County teachers group has filed a formal complaint over the way the state now allows bargaining over pay.

NASHVILLE AREA

Southern Baptist website blocked on military bases

NASHVILLE (AP) - The website for the Southern Baptist Convention is blocked on some military installations.

STATE LEGISLATURE

Judge dismisses libel case against Sen. Campfield

NASHVILLE (AP) - A judge in northeast Tennessee is dismissing a $750,000 libel lawsuit against state Republican Sen. Stacey Campfield for publishing false information online about a Democratic candidate for the state House in 2008.

Haslam signs measure to let cities form school systems

NASHVILLE (AP) — Gov. Bill Haslam has signed legislation that clears the way for cities to begin forming municipal school systems.

Governor signs voter ID measure

NASHVILLE (AP) — A measure that allows any photo identification issued by the state of Tennessee or United States to be used for voting has been signed by the governor.

STATEWIDE

AG reaches settlement over medical claims

NASHVILLE (AP) — The Tennessee attorney general has entered a settlement with a Nashville man whose company claimed a medical device could treat or cure serious medical conditions such as fungal meningitis and Lyme disease.

NATIONAL BUSINESS

US rate on 30-year mortgage slips to 3.40 percent

WASHINGTON (AP) — Average U.S. rates on fixed mortgages fell closer this week to their historic lows, increasing the affordability of buying homes and refinancing.

US unemployment aid applications drop to 339K

WASHINGTON (AP) — The number of Americans seeking unemployment aid fell last week to a seasonally adjusted 339,000, the second-lowest level in more than five years. The decline suggests hiring is improving from last month's sluggish pace.

Survey: Americans felt more secure in jobs in 2012

WASHINGTON (AP) — Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy.

Stocks up as job market improves; stimulus chatter

NEW YORK (AP) — U.S. stocks moved higher Thursday after claims for unemployment benefits fell and name-brand companies like Royal Caribbean and Harley-Davidson reported healthy profits.

Options exchange reopens after half-day outage

NEW YORK (AP) — Trading on the biggest exchange for financial options resumed Thursday following an outage caused by software problems.

Oil rises above $92 on US unemployment claims data

NEW YORK (AP) — Oil rose above $92 a barrel for the first time in two weeks Thursday, as the latest data on U.S. unemployment claims suggested job growth may pick up from last month's sluggish pace.

Facebook: Audit finds privacy practices sufficient

NEW YORK (AP) — Facebook says that an independent audit found its privacy practices sufficient during a six-month assessment period that was part of a settlement with federal regulators.

'All My Children,' 'One Life to Live' back from dead -- online

STAMFORD, Conn. (AP) — Taped to a wall at the entrance to the Connecticut Film Center in Stamford is this greeting: "Welcome (back) to Pine Valley."

NATIONAL POLITICS

Internet sales tax embraced by no-tax Republicans

WASHINGTON (AP) — You don't see this very often: a majority of Senate Republicans voting to make people who buy stuff on the Internet pay state and local sales taxes.

Dems, GOP talk up deficit reduction, but don't act

WASHINGTON (AP) — Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary.


WEDNESDAY, APRIL 24
MUSIC INDUSTRY

3 Doors Down bassist enters rehab following arrest

NASHVILLE (AP) - The bassist for the rock band 3 Doors Down has checked himself into a drug treatment facility after bonding out of jail, the musician's lawyer said Wednesday.

STATEWIDE

Haslams try to halt fallout from FBI raid on Pilot

NASHVILLE (AP) - Tennessee's Haslam family is furiously trying to control the damage following a federal investigation into the family business that could threaten to unravel decades of growing wealth and influence that spans business, sports and politics in the state and beyond.

NASHVILLE AREA

Postal boxes blocked for Saturday's marathon

As a precautionary measure following the Boston Marathon bombings, the Postal Inspection Service, will block access to collection boxes along the Country Music Marathon route this weekend.

AUTO INDUSTRY

Fiat mulls IPO after buying Chrysler

DETROIT (AP) — The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter.

GM says Chevy Spark EV can go 82 miles per charge

DETROIT (AP) — General Motors said Wednesday that the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles on a single charge, putting it among the leaders in mass-market electric vehicles sold in the U.S.

Toyota top-selling automaker despite China fall

TOKYO (AP) — Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with General Motors and Volkswagen is proving tight, as its sales fall in China and Japan.

VW earnings lower as Europe weighs on revenue

BERLIN (AP) — Volkswagen AG reaffirmed its full-year earnings outlook Wednesday even after it reported a 38 percent fall in first-quarter profit as sagging demand in Europe weighed on revenues.

Ford's first quarter profit up 15 pct to $1.6B

DEARBORN, Mich. (AP) — Ford Motor Co. reported a better-than-expected $1.6 billion profit in the first quarter as growing demand in the U.S. and China for its new vehicles helped overcome steep losses in Europe and South America.

HEALTH CARE

House GOP withdraws health care proposal

WASHINGTON (AP) — House Republicans have put off a vote on legislation to rescue a main feature of President Barack Obama's health care overhaul — affordable coverage for people with pre-existing medical conditions — after it ran into strong opposition from both conservatives and Democrats.

Health insurer WellPoint's 1Q profit rises 3 pct

INDIANAPOLIS (AP) — WellPoint Inc.'s first-quarter earnings rose about 3 percent, as the nation's second largest health insurer saw a revenue gain from an acquisition. It also raised its 2013 net income forecast.

NATIONAL BUSINESS

Orders for US durable goods fall 5.7 pct. in March

WASHINGTON (AP) — Orders for long-lasting U.S. factory goods fell in March by the most in seven months. The drop reflected a steep decline in commercial aircraft demand and little growth in orders that signal future business investment.

Weak earnings prospects weigh on stocks

NEW YORK (AP) — Disappointing quarterly results, including a subscriber slump at AT&T and a weak profit forecast from Procter & Gamble, held back the stock market Wednesday.

Oil above $91 on hope for Europe rate cut

NEW YORK (AP) — Oil had its biggest daily gain since December, as oil supplies rose less than expected in the U.S. and speculation grew that the European Central Bank will cut interest rates.

Boeing sees early-May restart of 787 deliveries

Boeing is aiming to begin delivering 787s again in early May.

House passes pro-business cybersecurity bill

WASHINGTON (AP) — Pro-business legislation aimed at helping companies fend off sophisticated foreign hackers sailed through the House on Thursday despite a White House veto threat and an outcry from privacy advocates and civil liberties groups that say it leaves Americans vulnerable to spying by the military.

NATIONAL POLITICS

Senate chairman calls for 'Do Not Track' bill

WASHINGTON (AP) — A top Senate Democrat says the advertising industry is ignoring consumers' requests not to be tracked online and that it's probably time for federal regulation.

White House willing to consider budget flexibility

WASHINGTON (AP) — The White House now says it's willing to consider legislation that would give the administration the budget-cutting flexibility to avoid furloughs of air traffic controllers.


TUESDAY, APRIL 23
MUSIC INDUSTRY

3 Doors Down bassist out of jail on bond

NASHVILLE (AP) - The bassist for rock band 3 Doors Down is out of jail after a fatal interstate crash in Nashville.

NASHVILLE AREA

Jesse Jackson to deliver TSU commencement speech

NASHVILLE (AP) - The Rev. Jesse Jackson will deliver the spring commencement address at Tennessee State University in Nashville on May 11.

STATE LEGISLATURE

Governor signs beer tax measure

NASHVILLE (AP) - A proposal to freeze the state's beer tax has been signed by the governor.

Governor signs college nondiscrimination ban

NASHVILLE (AP) - Legislation to bar public universities and colleges from implementing nondiscrimination policies for student groups has been signed by the governor.

Governor signs measure to cut lawmaker allowances

NASHVILLE (AP) - A proposal to eliminate hotel allowances for some Tennessee lawmakers has been signed by the governor.

TV ads urge governor veto animal abuse bill

NASHVILLE (AP) - The Humane Society of the United States is airing television commercials that urge Gov. Bill Haslam to veto an animal abuse bill.

MIDSTATE

First Amendment advocate Paulson becomes MTSU dean

MURFREESBORO (AP) - Ken Paulson, former editor at USA Today and CEO of the First Amendment Center at Vanderbilt University, has been selected as the next dean of the College of Mass Communication at Middle Tennessee State University.

Images of MTSU's science building released

MURFREESBORO (AP) - Middle Tennessee State University's new science building is still under construction, but new video and images illustrate what the building's interior will look like once complete.

AUTO INDUSTRY

US seeks voluntary limits on car touch screens

DETROIT (AP) — U.S. traffic safety regulators are asking automakers to put stronger limits on how long drivers can use in-car touch screens in an effort to curb distracted driving.

NATIONAL BUSINESS

Apple to dole out $100B to shareholders

NEW YORK (AP) — Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders over two years. At the same time, the company said it expects sales for the current quarter to fall from the year before, which would be the first decline in many years.

Stocks gain on earnings; fake tweet rattles market

NEW YORK (AP) — Companies that do the best when the economy is improving led the market higher Tuesday after several of them reported strong quarterly earnings.

Report: Richest 7% got richer during recovery

WASHINGTON (AP) — The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of U.S. households, says a report released Tuesday.

New-homes sales rise 1.5 percent in March to 417K

WASHINGTON (AP) — U.S. sales of new homes rebounded in March to the second fastest sales pace in three years, adding to evidence of a sustained housing recovery at the start of the spring buying season.

Oil little changed as housing offsets China data

NEW YORK (AP) — The price of oil fell slightly Tuesday, as a slowdown in China's manufacturing offset positive news on the U.S. housing sector.

FedEx let customers pick delivery time for a fee

MEMPHIS (AP) — FedEx will let recipients leave detailed instructions for their driver or reschedule a delivery to their home.

US immigration bill could slow Indian outsourcers

MUMBAI, India (AP) — Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. Now, the industry's long-held fears of a backlash are being realized in its crucial U.S. market.

Tax-free Internet shopping jeopardized by bill

WASHINGTON (AP) — Tax-free shopping on the Internet could be in jeopardy under a bill making its way through the Senate.

Halliburton seeking settlement over Gulf oil spill

NEW ORLEANS (AP) — BP's cement contractor on the drilling rig that exploded in the Gulf of Mexico in 2010 announced Monday that it is trying to negotiate a settlement over its role in the disaster, a focus of trial testimony that ended last week.

NATIONAL POLITICS

Officials: Democratic Sen. Baucus to retire

WASHINGTON (AP) — Democratic Sen. Max Baucus, the powerful Senate Finance chairman who steered President Barack Obama's health care overhaul into law but broke with his party on gun control, said Tuesday he will not run for re-election.

Congress slows military efforts to save

WASHINGTON (AP) — Parked around the airstrip at Joint Base San Antonio-Lackland are more than a dozen massive C-5A Galaxy transport planes. There is no money to fly them, repair them or put pilots in the cockpits, but Congress rejected the Air Force's bid to retire them.


MONDAY, APRIL 22
STATEWIDE

Haslam: Pilot reputation swings from best to worst

NASHVILLE  (AP) — Cleveland Browns owner Jimmy Haslam on Monday acknowledged a massive hit to the credibility of the family-owned Pilot Flying J truck stop chain following FBI allegations of the widespread fraud of customers at the country's largest diesel retailer.

Haslam announced at the company's Knoxville headquarters that he has suspended several members of the sales team after an affidavit filed in federal court disclosed secretly recorded conversations in which Pilot staff boasted about taking advantage of less-sophisticated trucking company customers.

Fallout for states rejecting Medicaid expansion

WASHINGTON (AP) — Rejecting the Medicaid expansion in the federal health care law could have unexpected consequences for states where Republican lawmakers remain steadfastly opposed to what they scorn as "Obamacare."

NASHVILLE AREA

Nashville elections chief responding to probe

NASHVILLE (AP) - Davidson County Election Administrator Albert Tieche has hired an attorney to help him respond to a report on the commission's management of last year's elections.

MIDSTATE

MTSU to buy old medical center site near downtown

MURFREESBORO (AP) — Middle Tennessee State University has an agreement to purchase the former Middle Tennessee Medical Center site near downtown.

MUSIC INDUSTRY

3 Doors Down cancels 4 shows following fatal crash

NASHVILLE (AP) - The rock band 3 Doors Down has called off four U.S. appearances following the arrest of the group's bassist, who was accused of driving intoxicated and causing a fatal interstate crash in a Nashville suburb.

COURTS

High court to look at Daimler appeal

WASHINGTON (AP) — The Supreme Court says it will hear an appeal from automaker Daimler AG that seeks to shut down a U.S. lawsuit over allegations that its unit in Argentina played a role in that country's 'dirty war" in the 1970s.

High court rejects tobacco marketing appeal

WASHINGTON (AP) — The Supreme Court has rejected a First Amendment challenge by tobacco companies to a 2009 law that restricts how they can market their products.

NATIONAL BUSINESS

Energy stocks lead a turnaround on Wall Street

NEW YORK (AP) — Stocks are closing modestly higher on Wall Street, led by energy companies as oil prices rise back following a plunge last week.

Oil gains for 3rd day, natural gas plunges

NEW YORK (AP) — Oil rose for a third straight day Monday, while natural gas plunged on forecasts for more seasonal weather.

Survey: US budget tightening not hurting business

NEW YORK (AP) — Washington's budget tightening is having a minimal effect on businesses, a survey of business economists released Monday shows.

US home sales slip as supply remains tight

WASHINGTON (AP) — Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's.

Flight delays pile up Monday after FAA budget cuts

NEW YORK (AP) — It was a tough start to the week for many air travelers. Flight delays piled up all along the East Coast Monday as thousands of air traffic controllers were forced to take an unpaid day off because of federal budget cuts.

World finance leaders say growth still weak

WASHINGTON (AP) — While world finance leaders say the global economy has improved slightly this year, they said the outlook for the future was uneven with growth and job creation still too weak.

News Corp insurers pay $139M in shareholder suit

NEW YORK (AP) — News Corp. has reached a $139 million settlement in shareholder lawsuits over the British phone hacking scandal and the controversial purchase of an entertainment company run by founder Rupert Murdoch's daughter.

Caterpillar 1Q profit shrank; cuts 2013 outlook

MINNEAPOLIS (AP) — Caterpillar says its first-quarter net income shrank and it predicted smaller 2013 sales and profits because its mining business is slowing down.

Halliburton posts 1Q loss on litigation charges

HOUSTON (AP) — Halliburton says it lost $18 million in the first quarter, pulled down by $637 million in charges related to its role in the 2010 Gulf of Mexico oil spill.

Former Google CEO shares vision in tech treatise

SAN FRANCISCO (AP) — Some illuminating books already have been written about Google's catalytic role in a technological upheaval that is redefining the way people work, play, learn, shop and communicate.


FRIDAY, APRIL 19
MUSIC INDUSTRY

Country star Jones hospitalized, postpones 2 shows

NASHVILLE (AP) - Country star George Jones has been hospitalized. Jones postponed weekend concerts in Atlanta and Salem, Va., after doctors admitted him to a Nashville hospital on Thursday.

Nelson to hold benefit for Texas blast victims

NASHVILLE (AP) — Willie Nelson said Thursday that he will turn an upcoming Texas concert into a benefit for victims of the explosion at a fertilizer plant not far from where he grew up.

STATE LEGISLATURE

108th General Assembly adjourns for year

NASHVILLE (AP) - The 108th Tennessee General Assembly adjourned on Friday, the first time in 45 years that lawmakers have finished as early as April in the first year of a session.

Charter school authorizer bill dead this session

NASHVILLE (AP) - A measure that seeks to change the approval process for charter schools in Tennessee has failed this session.

Judicial redistricting plan dies this session

NASHVILLE (AP) - A proposal to redraw Tennessee's judicial districts for the first time since 1984 was killed on Friday when House members voted against it.

Watered down switchblade bill goes to governor

NASHVILLE (AP) - A watered down version of a proposal that originally sought to lift a ban on switchblades and knives with blades longer than 4 inches is headed to the governor for his consideration.

Bill to ban hiring preferences dead this session

NASHVILLE (AP) — A proposal seeking to ban basing government hiring preferences on race, gender or ethnicity is dead this session.

Distillery bill headed to governor's desk

NASHVILLE (AP) — Legislation that provides requirements for setting up a distillery in Tennessee is headed to the governor for his consideration.

School security bill passes Senate

NASHVILLE (AP) — A proposal that would allow school districts to allow people with police training to be armed in schools has passed the Senate.

Casada abandons revival of campaign finance bill

NASHVILLE  (AP) — The sponsor of a bill seeking to boost the amount of money political groups can give to candidates and to do away with reporting requirements for donations by corporations on Thursday dropped an effort to revive the failed measure.

General Assembly OKs Haslam's $32.8B budget plan

NASHVILLE (AP) — Gov. Bill Haslam's $32.8 billion budget has cleared the Tennessee General Assembly.

STATEWIDE

Browns owner Haslam won't step aside amid probe

NASHVILLE (AP) - Cleveland Browns owner and Pilot Flying J CEO Jimmy Haslam on Friday again denied any wrongdoing and said he wasn't stepping aside, a day after an FBI affidavit alleged his truck stop chain had defrauded customers with diesel fuel rebates.

Informant: Haslam aggressive sales tone at Pilot

NASHVILLE (AP) - Cleveland Browns owner and Pilot Flying J CEO Jimmy Haslam on Friday again denied any wrongdoing and said he wasn't stepping aside, even as federal authorities alleged that he was aware of a widespread scheme to defraud customers of the truck stop chain.

Governor declares 'absolute faith' in CEO brother

NASHVILLE (AP) - Republican Gov. Bill Haslam is urging people to reserve judgment about an FBI raid of his family's Pilot Flying J chain of truck stops.

Pilot Flying J raid focuses on incentive practices

NASHVILLE (AP) — When Pilot, the country's largest truck stop chain, bought its nearest competitor Flying J out of bankruptcy in 2009, federal trade officials worried the combined entity owned by the powerful Haslam family could corner the market on diesel fuel.

AUTO INDUSTRY

Toyota to build Lexus in Kentucky, add 750 jobs

GEORGETOWN, Ky. (AP) — Toyota will start building the Lexus ES 350 at a factory in Georgetown, Ky., starting in 2015, producing a luxury brand vehicle for the first time in the United States.

Nissan recalls SUVs to fix brake problem

DETROIT (AP) — Nissan is recalling more than 19,000 Nissan and Infiniti SUVs because a brake part can fail and make it harder for the driver to stop the car.

VW dropping third shift at Chattanooga plant

CHATTANOOGA (AP) — Volkswagen is dropping the third assembly shift at its Chattanooga plant. As first reported by WRCB-TV, the move will eliminate 500 temporary jobs.

NASHVILLE AREA

Nashville election commission audit positive

NASHVILLE (AP) - An audit of the Davidson County Election Commission found that the agency has controls in place to ensure the integrity of elections.

Black Keys manager won't be prosecuted

NASHVILLE (AP) - Davidson County District Attorney Torry Johnson says the manager of the Black Keys did not break the law by offering to give tickets to one of the band's performances to a lawyer opposed to a bill to crack down on ticket scalping.

I-40 traffic slows by sandblasting in Nashville

NASHVILLE (AP) - Weekend travel at the east end of the downtown Nashville loop could be slow.

HEALTH CARE

UnitedHealth warns of Medicare profit squeeze

UnitedHealth Group, the largest provider of Medicare Advantage plans, warned Thursday that funding cuts for the privately-run versions of the federal Medicare program will force it to reconsider its expectations for earnings growth next year.

NATIONAL BUSINESS

Poll: Public pessimism on economy is increasing

WASHINGTON (AP) — For the third year in a row, the nation's economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now expects his or her own financial situation to improve over the next year, a new Associated Press-GfK poll shows.

Stocks recover slightly, ending tough week

NEW YORK (AP) — Strong earnings from a pair of technology giants helped the stock market recover some of its losses Friday, a positive end to Wall Street's worst week in five months.

Oil ends week slightly higher after recent drops

The price of oil rose above $88 a barrel on Friday as traders cautiously returned to commodity markets following sharp sell-offs this week.

Blackstone drops out of race to buy Dell

Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell as the computer maker faces slumping sales in personal computers and worsening financial projections.

FAA to approve resumption of Boeing 787 flights

WASHINGTON (AP) — The Federal Aviation Administration has accepted Boeing's revamped battery system for its beleaguered 787 Dreamliners and agreed to lift its grounding order, according to a congressional official.

Microsoft 3Q earnings beat Street

NEW YORK (AP) — Microsoft says revenue and net income surged in the latest quarter, but much the gains were due to the recognition of sales that occurred before the launch of the latest versions of Windows and Office.

Google 1Q earnings rise 16 pct to top Street views

SAN FRANCISCO (AP) — Google's latest quarterly results provided further proof that the Internet search leader is figuring out how to make more money as Web surfers migrate from personal computers to mobile devices.

Labor nominee Perez pledges open mind

WASHINGTON (AP) — Labor secretary nominee Thomas Perez sought to assure senators Thursday that he would approach the job with an open mind and a willingness to work with business and labor groups alike to create new jobs.

Measure of US economy's health declines in March

WASHINGTON (AP) — A measure of the U.S. economy's future health declined slightly in March, signaling that growth could slow this spring.

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