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VOL. 37 | NO. 23 | Friday, June 07, 2013
EMPHASIS ISSUE: GREEN BIZ

Local designers meet demand for green goods

Buyers willing to pay more for quality, Earth-friendly products

As a buyer for Whole Food’s Whole Body boutique in Green Hills, Marrion Mooney is having trouble keeping some items – organic cotton T-shirts, scarves made from natural fibers and dyes, and a line of cloth shoes – in stock.

Cohousing a new twist on community living

Construction of Nashville’s first cohousing community is expected to begin at the end of the summer, adding yet another novelty to the increasingly fashionable Historic Germantown area.

Loans provide an incentive for businesses to save energy

Reducing energy usage can significantly reduce the cost of doing business.

Nashville Wraps profited as pioneer of recycling

Nashville Wraps was green before green was cool.

Local Weather
Today
Nashville, TN
55°F
Mostly Cloudy
Wind: 3 mph
Humidity: 74%

EVENTS

Goodwill Grand Opening & Ribbon Cutting. The public is invited to the Goodwill Industries of Middle Tennessee’s grand opening and ribbon cutting at 1203 Murfreesboro Road, Suite 135. Event starts at 8:30 a.m. Information: carol@williamsoncountychamber.org

more events »

Hit the Rhoades with solar-powered bike

If you’re looking for an environmentally friendly way to get around town, ride a bicycle.

Schools get in on LEED certification

An East Nashville middle school once marred by mold, asbestos and age is set to receive an almost full facelift that will add it to the list of Metro Nashville Public School’s “greenest” buildings.

REALTY CHECK

My kingdom for a house! Low supply hurts sales

The lack of inventory in the residential real estate market is driving many of the would-be buyers mad, forcing some to consider renting as an option. There, they find another obstacle: A roughly 2 percent vacancy rate.

NEWSMAKERS

Baker Donelson adds to govt. regulatory group

Carol Owen has joined Baker Donelson as a shareholder and a member of the firm’s Government Regulatory Actions Group.

GUERRILLA MARKETING

Gender matters in advertising

While the gender divide among men and women continues to narrow in regard to workforce equality, recent research from Nielsen NeuroFocus, reported by TechVibes, uncovers significant differences in the way men and women think and make purchase decisions. In fact, the mere manner in which the two genders process information is fundamentally different.

THE WORLDLY INVESTOR

Playing it safe can be risky business

Ever since the Federal Reserve began its zero interest rate policies, investors have searched for higher yielding assets.

I SWEAR

Gamer has little appreciation for great quotations

The posting sent to the members of the cruciverbal community read, “We’re looking for seasoned ... puzzle creators to help us build puzzles for our game, [which] uses a unique crossword-influenced style of word puzzle where the answers are hidden in ... famous quotations. We’re [a small outfit] and ... can’t create puzzles fast enough for the players.”

KAY'S COOKING CORNER

Two stories, one great breakfast for grads

For the past few weeks, our family has been celebrating graduations: Kindergarten graduations, high school graduations and, this past Saturday evening, a college graduation.

STATE LEGISLATURE

Speakers seek review of no-bid outsourcing deal

NASHVILLE (AP) - The speakers of the House and Senate say they will seek a review of a no-bid contract with a real estate firm that once counted fellow Republican Gov. Bill Haslam as one of its investors.

NASHVILLE AREA

Southern Baptist conference center sold for $1

NASHVILLE (AP) - The Southern Baptist Convention's Lifeway Christian Resources is selling a financially troubled conference center in New Mexico to a group that already operates a Christian camp in Texas.

Southern Baptists address prisoners, trafficking

HOUSTON (AP) — The Southern Baptist Convention tackled topics at its annual meeting this week that seemed to show a concern for a broadening array of social issues, including human trafficking and the country's high rate of incarceration.

Justice Center names new director

NASHVILLE (AP) — Michele Johnson has been named the new executive director of a Nashville group that supports greater access to Medicaid.

STATEWIDE

Tennessee board adds new rules for compounding pharmacies

NASHVILLE (AP) — The Tennessee Board of Pharmacy says it has adopted new regulations for compounding pharmacies licensed by the state following recent outbreaks of illnesses associated with tainted medicines created at these specialty pharmacies.

Seniors warned about phone call scam

NASHVILLE (AP) — Officials are warning Tennessee's seniors about a scam involving recorded phone calls promising free or low cost personal emergency or medical alert systems.

COURTS

Supreme Court: Human genes cannot be patented

WASHINGTON (AP) — The Supreme Court ruled Thursday that companies cannot patent parts of naturally-occurring human genes, a decision with the potential to profoundly affect the emerging and lucrative medical and biotechnology industries.

Unpaid internships in jeopardy after court ruling

WASHINGTON (AP) — Unpaid internships have long been a path of opportunity for students and recent grads looking to get a foot in the door in the entertainment, publishing and other prominent industries, even if it takes a generous subsidy from Mom and Dad.

Judge rules in favor of Occupy Nashville members

NASHVILLE (AP) — A federal judge has ruled in favor of members of the Occupy Nashville movement who claimed their free speech rights were violated when they were arrested while protesting in 2011 on War Memorial Plaza.

Judge tells female attorneys to dress correctly

MURFREESBORO (AP) - A Tennessee judge has drafted a letter, telling female attorneys to dress professionally at court.

AUTO INDUSTRY

Honda recalling 18,000 cars to fix brakes

DETROIT (AP) — Honda is recalling more than 18,000 cars in the U.S. to fix problems with the brakes.

NATIONAL BUSINESS

US rate on 30-year mortgage rises to 3.98 pct.

WASHINGTON (AP) — Fixed U.S. mortgage rates rose for the sixth straight week, putting the average rate on the 30-year loan just shy of 4 percent.

US retail sales jump 0.6 percent in May on autos

WASHINGTON (AP) — Americans stepped up purchases at retail businesses in May, spending more on cars, home improvements and sporting goods. The gain shows consumers remain resilient despite higher taxes and could drive faster growth later this year.

US unemployment benefit applications fall to 334K

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped 12,000 last week to a seasonally adjusted 334,000, a decline that suggests steady job gains will endure.

RealtyTrac: Home repossessions rose in May

LOS ANGELES (AP) — Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others.

US stock market moves higher

NEW YORK (AP) — A pair of better economic reports helped nudge the U.S. stock market up Thursday afternoon, even as the Japanese market plunged again.

Oil prices fall closer to $95 as US supplies grow

The price of oil fell toward $95 a barrel Thursday, dragged down by evidence that U.S. crude supplies are rising while global economic growth is seen slowing.

Gannett to buy TV station owner Belo for $1.5B

McLEAN, Va. (AP) — Gannett says it's reached a deal to buy TV station owner Belo for about $1.5 billion in cash.

Launch of US-EU trade talks may be hitting snag

WASHINGTON (AP) — One of the big goals of President Barack Obama's upcoming trip to Europe may be in jeopardy, with French objections threatening to hold up the launch of negotiations on a sweeping U.S.-European Union free trade pact.

Census: Rural US loses population for first time

WASHINGTON (AP) — Rural America is losing population for the first time ever, largely because of waning interest among baby boomers in moving to far-flung locations for retirement and recreation, according to new census estimates.

NATIONAL POLITICS

Survey: Many Americans say 'Big Brother' is here

NEW YORK (AP) — There's little wonder why George Orwell's novel "1984" is seeing a resurgence in sales.


WEDNESDAY, JUNE 12
NASHVILLE AREA

IRS official: Lavish conference followed IRS rules

WASHINGTON (AP) — An Internal Revenue Service official at the center of the agency's latest scandal told lawmakers Thursday that an expensive conference held in 2010 conformed to existing rules, though he acknowledged it was not the best use of taxpayer money.

Officials explore options for Nashville congestion

NASHVILLE (AP) - A national traffic study shows congestion in Nashville has nearly doubled over the last three decades.

New Myspace takes it back to the future

NASHVILLE (AP) - Tim and Chris Vanderhook think Myspace had it right - at one point. And they believe they've revived and improved that formula for success as the revamped first titan of social media debuts its latest incarnation.

EEOC sues Dollar General over criminal background checks

WASHINGTON (AP) — The Equal Employment Opportunity Commission filed lawsuits Tuesday against discount retailer Dollar General Corp. and a BMW manufacturing plant in South Carolina over their use of criminal background checks to screen out job applicants or fire employees.

Mayor invites public to participate in city walk

NASHVILLE (AP) — Nashville Mayor Karl Dean is calling all hikers.

STATEWIDE

Burns Phillips named new Tennessee labor commissioner

NASHVILLE (AP) - Tennessee Gov. Bill Haslam has named Burns Phillips the new commissioner of the Department of Labor and Workforce Development.

US Sen. Tim Scott to give keynote at GOP dinner

NASHVILLE (AP) — The Tennessee Republican Party has tapped U.S. Sen. Tim Scott of South Carolina to deliver the keynote address at its annual dinner next month in Nashville.

AUTO INDUSTRY

Hands-free texting still distracting for drivers

WASHINGTON (AP) — Using voice commands to send text messages and emails from behind the wheel, which is marketed as a safer alternative for drivers, actually is more distracting and dangerous than simply talking on a cellphone, a new AAA study found.

NATIONAL BUSINESS

Stocks slide on Wall Street; Dow below 15,000

NEW YORK (AP) — The stock market is ending lower for the third day in a row after an early morning rally faded away.

Oil rises to $96, reverses 2 days of losses

NEW YORK (AP) — The price of oil rose above $96 a barrel and reversed some of its losses for the past two days.

House gives FHA flexibility on reverse mortgages

WASHINGTON (AP) — The House has approved a bill giving the Federal Housing Administration the power to make quick fixes to its financially-troubled reverse mortgage program.

US chief executives more optimistic about hiring

WASHINGTON (AP) — Chief executives for the largest U.S. companies are more optimistic about sales over the next six months and plan to add more workers.

ESPN to kill 3-D broadcasts by end of year

NEW YORK (AP) — ESPN will stop broadcasting in 3-D by the end of the year, the network said Wednesday, dealing a major blow to a technology that was launched with great fanfare but has been limping along for years.

Facebook introduces hashtags

NEW YORK (AP) — Facebook is introducing hashtags, the number signs used on Twitter, Instagram and other services to identify topics being discussed and allow users to search for them.

US budget deficit widens $139 billion in May

WASHINGTON (AP) — The government says the U.S. budget deficit widened in May by $139 billion, but the annual deficit stayed on track to finish below $1 trillion for the first time since 2008.

NATIONAL POLITICS

NSA debate pits far left, right against the middle

WASHINGTON (AP) — Revelations of massive government collections of Americans' phone and email records have reinvigorated an odd-couple political alliance of the far left and right.

Lawmakers concerned over US surveillance programs

WASHINGTON (AP) — Lawmakers voiced their confusion and concern, and some called for the end of sweeping surveillance programs by U.S. spy agencies after receiving an unusual briefing on the government's yearslong collection of phone records and Internet usage.

Attention turns to vote-counting on immigration

WASHINGTON (AP) — Backers of far-reaching immigration legislation are turning their attention to courting support and counting votes after the Senate pushed the contentious bill over early procedural hurdles.


TUESDAY, JUNE 11
STATEWIDE

Tennessee football has SEC's worst academic rate; risks sanctions

KNOXVILLE (AP) — Tennessee football ranks last in the Southeastern Conference in how the NCAA measures academic progress, and the Vols are at risk of being punished if they don't improve quickly.

May revenues $31.5M more than state budgeted

NASHVILLE (AP) - State Finance Commissioner Larry Martin says overall May revenues were $31.5 million more than the state budgeted.

MUSIC INDUSTRY

Mumford & Sons bassist has blood clot on brain

NASHVILLE (AP) - Mumford & Sons bassist Ted Dwane has a blood clot on his brain that will require surgery.

COURTS

Judge orders repayment of double-billed fee

NASHVILLE (AP) - A Davidson County judge has reduced the fee a former public guardian charged a client who was double-billed for a shopping trip.

Judge derails state worker layoffs

NASHVILLE (AP) - A Davidson County judge has issued an order, preventing state government from laying off more than 200 workers this month.

NASHVILLE AREA

Belmont law school gets initial OK from American Bar

NASHVILLE (AP) — Belmont University's law school has received provisional accreditation.

MIDSTATE

Green appointed to Interbranch Affairs Committee

NASHVILLE (AP) — State Sen. Mark Green has been appointed to the Council of State Government Interbranch Affairs Committee.

AUTO INDUSTRY

Judge sides with GM, dismisses Spyker lawsuit

DETROIT (AP) — A federal judge on Monday dismissed a $3 billion lawsuit filed by Dutch car maker Spyker against General Motors Co.

NATIONAL BUSINESS

US stocks end a choppy day with a loss

NEW YORK (AP) — Stocks are ending lower after a volatile day as investors position themselves for less economic stimulus from central banks.

Oil joins in stock, commodities sell-off

NEW YORK (AP) — Oil prices dropped Tuesday along with stocks and other commodities on concerns that central banks around the globe may back off on measures to boost the global economy.

More Americans quit jobs, a sign of confidence

WASHINGTON (AP) — More Americans are quitting their jobs, suggesting many are growing more confident in the job market.

US wholesale stockpiles rose 0.2 percent in April

WASHINGTON (AP) — U.S. wholesalers increased their stockpiles in April and their sales rebounded from a big decline in March, positive signs for economic growth.

News Corp shareholders approve split

NEW YORK (AP) — News Corp. said Tuesday that its shareholders have approved the company's plan to split into two publicly traded companies.

Google snaps up Waze to add to mapping service

SAN FRANCISCO (AP) — Google is buying online mapping service Waze in a deal that keeps a potentially valuable tool away from its rivals while gaining technology that could improve the accuracy and usefulness of its own popular navigation system.

Softbank sweetens offer for Sprint by $1.5B

OVERLAND PARK, Kan. (AP) — A month after being challenged by a rival to raise its bid for Sprint Nextel, Japan's Softbank did just that, by $1.5 billion.

Microsoft hypes next-gen Xbox One games at E3

LOS ANGELES (AP) — Microsoft has its head in the cloud with Xbox One.

NATIONAL POLITICS

Boehner: Congress can do immigration this year

WASHINGTON (AP) — House Speaker John Boehner says he thinks there's a good chance that legislation overhauling America's immigration system can be signed into law "by the end of the year."

US: No plans to end broad surveillance program

WASHINGTON (AP) — The Obama administration is weighing whether to charge a government contractor with leaking classified government secrets while it defends a much-criticized National Security Agency surveillance program as an indispensable tool for protecting Americans from terrorists.

Private contractors' key role at issue in NSA leak

NEW YORK (AP) — People like Edward Snowden — nearly 500,000 employees of private firms with access to the government's most sensitive secrets — play a crucial role: They help monitor threats to national security.

Senate passes farm bill, moving debate to House

WASHINGTON (AP) — The last time Congress passed a farm bill, Democrats had control of the House and the food stamp program was about half the size it is today.

Feds now back morning-after pills for all girls

NEW YORK (AP) — After setting off a storm of criticism from abortion rights groups upset that a Democratic president had sided with social conservatives, the Obama administration said it will comply with a judge's order to allow girls of any age to buy emergency contraception without prescriptions.


MONDAY, JUNE 10
STATEWIDE

Panel to explore new common core standards

NASHVILLE (AP) — The chairwoman of the state Senate Education Committee says the panel will hold meetings during the summer or fall to discuss a new set of uniform benchmarks for math and reading.

MIDSTATE

Removal of Harpeth River dam wins award

FRANKLIN (AP) — The removal of a Harpeth River dam at Franklin has won an environmental award.

NASHVILLE AREA

A decade on, Southern Baptists adapt to new role

NASHVILLE (AP) — A decade ago, the Southern Baptist Convention was riding high. The president of the United States was a conservative evangelical Christian who personally addressed the group's annual meetings, either by satellite or video, at least four times in two terms, and SBC leaders were feeling their influence at the highest levels of government.

NATIONAL BUSINESS

Apple revamps look of iPhone, iPad software

SAN FRANCISCO (AP) — Apple is throwing out most of the real-world graphical cues from its iPhone and iPad software, like the casino-green "felt" of its Game Center app, in what it calls the biggest update since the iPhone's launch in 2007.

American, US Airways name post-merger leadership

DALLAS (AP) — The new American Airlines will have more top executives from smaller but more successful US Airways than from the current American.

S&P boosts outlook for US gov't's long-term debt

WASHINGTON (AP) — Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. S&P cited the government's strengthened finances, a recovering U.S. economy and some easing of Washington's political gridlock.

Investors unimpressed by S&P's brighter US outlook

NEW YORK (AP) — The stock market is closing mostly lower after investors were unimpressed by a rating agency's brighter outlook on the U.S. government's credit rating.

Oil down slightly, market awaits demand outlook

NEW YORK (AP) — Oil stalled Monday, after last week's 4 percent gain, as traders await the latest readings on oil supplies and updated forecasts for demand.

McDonald's says cheap eats helped lift sales

NEW YORK (AP) — Cheap eats and new menu items helped McDonald's boost a key sales figure in May, bouncing back from a decline the previous month.

NATIONAL POLITICS

Obama to nominate Furman as top economic adviser

WASHINGTON (AP) — President Barack Obama will nominate Jason Furman, a veteran White House economic official, as chairman of the president's Council of Economic Advisers.

NSA contractor risks steep jail time for data leak

WASHINGTON (AP) — The man who gave classified documents to reporters, making public two sweeping U.S. surveillance programs and touching off a national debate on privacy versus security, has revealed his own identity. He risked decades in jail for the disclosures — if the U.S. can extradite him from Hong Kong where he says he has taken refuge.


FRIDAY, JUNE 7
STATEWIDE

Initiative warns about deceptive travel promoters

NASHVILLE (AP) — Tennessee is participating in a national law enforcement initiative to warn consumers about deceptive travel promoters and timeshare resellers.

NASHVILLE AREA

Nashville Symphony facing foreclosure

NASHVILLE (AP) - Foreclosure proceedings have been initiated against the Nashville Symphony and an auction of the center where it performs is scheduled for June 28.

Nashville's WKRN part of media merger

RICHMOND, Va. (AP) — Broadcast companies Media General Inc. and New Young Broadcasting Holding Co. said Thursday that they are combining to create a company that will operate 30 TV stations in 27 markets including Nashville (WKRN, Channel 2), San Francisco and Richmond, Va.

NATIONAL BUSINESS

US consumer borrowing up $11.1 billion in April

WASHINGTON (AP) — Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month.

US employers add 175K jobs, rate up to 7.6 pct.

WASHINGTON (AP) — The U.S. economy added 175,000 jobs in May— a steady pace that shows strength in the face of tax increases and government spending cuts if not enough to reduce still-high unemployment.

Stock market rises sharply after hiring picks up

NEW YORK (AP) — The stock market is closing sharply higher after the government reported a pickup in hiring last month.

Oil rises above $96, tracking stock market

NEW YORK (AP) — The price of oil closed above $96 Friday, after the government said the economy added 175,000 jobs last month, a good sign for fuel demand.

Target rolling out organic, natural grocery brand

NEW YORK (AP) — Target Corp. is planning a new organic and natural store brand as it works to rev up its grocery business.

Wal-Mart plans $15B more in stock buybacks

FAYETTEVILLE, Ark. (AP) — Wal-Mart's biggest news at its annual meeting on Friday was that the world's largest retailer will repurchase up to $15 billion of its shares at a time when the behemoth faces increased scrutiny from investors over its business overseas.

US regains wealth from recession, but not equally

WASHINGTON (AP) — America as a whole has regained all the household wealth it lost to the Great Recession and then some, thanks to higher stock and home prices.

Retailers report modest gains for May

NEW YORK (AP) — In the latest sign that Americans are feeling better about the overall economy, stores across the country had a pickup in sales in May.

McDonald's courts night owls with breakfast items

NEW YORK (AP) — McDonald's is taking a small step toward offering breakfast items outside of its usual breakfast hours — at least if you're a night owl.

NATIONAL POLITICS

Obama defends phone data collection program

WASHINGTON (AP) — President Barack Obama vigorously defended sweeping secret surveillance into America's phone records and foreigners' Internet use, declaring "we have to make choices as a society."

Is Big Data turning government into 'Big Brother?'

SAN FRANCISCO (AP) — With every phone call they make and every Web excursion they take, people are leaving a digital trail of revealing data that can be tracked by profit-seeking companies and terrorist-hunting government officials.

US declassifies phone program details after uproar

WASHINGTON (AP) — Moving to tamp down a public uproar spurred by the disclosure of two secret surveillance programs, the nation's top intelligence official is declassifying key details about one of the programs while insisting the efforts were legal, limited in scope and necessary to detect terrorist threats.

US gov't collecting huge number of phone records

WASHINGTON (AP) — The government is secretly collecting the telephone records of millions of U.S. customers of Verizon under a top-secret court order, according to the chairwoman of the Senate Intelligence Committee. The Obama administration is defending the National Security Agency's need to collect such records, but critics are calling it a huge over-reach.

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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