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VOL. 40 | NO. 30 | Friday, July 22, 2016

Exit/In: Nashville’s rock temple still standing

Club marks 45 years of ups, downs, great music

Warner Hodges, among the world’s best rock guitarists and a guy who helped give Jason & The Scorchers their ear-searing cow-punk sound, gets excited when Exit/In and its glorious history gets introduced into a leisurely, summer afternoon conversation.

Big names, big stories: Details of Exit/In lore lost to time

So, did you ever hear the story of Jimmy Buffett stepping through a small, open door, surprising the occupants, then successfully auditioning to play at a new club with a capacity of 90 people?

Many owners learn Exit/In is not about turning a profit

It all started with a couple of high school friends, a vision for a new kind of music venue in Nashville and about $8,000, give or take.

Exit/In on the big screen

Exit/In made a movie-star turn in Robert Altman’s 1975 film classic “Nashville.”

Artist captures venue’s stars, rich history in mural

Listening to the music of the artists selected for his Exit/In mural was one way semi-reformed graffiti artist Bryan Deese got in the mood for the stencils he cut for all of the people (and objects) that appear on his massive 45th Anniversary mural.

Local Weather
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Wind: West at 4.6 mph
Humidity: 93%

EVENTS

BIZaroo: A festival for growing businesses. A half-day conference for small and midsized business owners, nonprofits and entrepreneurs. Thursday, 12:30-1 p.m. registration, 1-5 p.m. BIZaroo, 5-6 p.m. After-party. Vanderbilt University, Owen Graduate School of Management, 401 21st Avenue South. Fees: $50 Chamber Members, $50 Future members. Registration and Information on full agenda: nashvillechamber.com

more events »

Elliston Place Street Fest is Saturday

Lightning 100 and Indie Nash are sponsoring the Elliston Place Street Fest on Saturday, July 23, featuring live performances at Exit/In, The End and on a large outdoor stage.

SAM STOCKARD: VIEW FROM THE HILL

Leaving Durham to voters rewards the disgraced legislator with pension

The Tennessee attorney general’s sexual harassment investigation of Republican Rep. Jeremy Durham dragged halfway through the summer. Now we know why.

DAVID CLIMER: OUT OF LEFT FIELD

Will Mariota’s second season be more Luck or RG3?

The Tennessee Titans’ offensive playbook has been rewritten. The verbiage for calling plays has been edited. The line has been revamped with three new starters.

DAVE LINK: UT SPORTS

Dobbs’ health is priority No. 1 on road to being No. 1

Tennessee’s football team had nine players earn All-SEC preseason honors and got the nod as favorite to win the East Division as SEC Media Days concluded last week in Hoover, Alabama.

RICHARD COURTNEY: REALTY CHECK

‘Do Nothing Congress’ actually did something

With the political conventions starting this week, expect to be told repeatedly how dire our situation is and how fantastic things are – often by the same politician. In Nashville, things are good.

REAL ESTATE

Top Middle Tennessee residential transactions for June 2016

Top residential real estate sales, June 2016, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

Average US 30-year mortgage rate rises to 3.45 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates edged higher this week, remaining near historically low levels as a continued enticement to prospective homebuyers.

NEWSMAKERS

Churchwell named VUMC’s chief diversity officer

Andre Churchwell, M.D., the Levi Watkins Jr. M.D. Chair, professor of Medicine, Biomedical Engineering and Radiology and Radiological Sciences, and senior associate dean for Diversity Affairs, has been named to serve in the newly created role of chief diversity officer for Vanderbilt University Medical Center.

BEHIND THE WHEEL

Sentra gets more features without higher price

Nissan has given the Sentra richer styling and several new features for 2016 while keeping the price of the fuel-efficient and popular compact sedan nearly the same.

GUERRILLA MARKETING

Mapping the DNA of high-performing sales talent

Sales linguistic expert Steve W. Martin reveals in the Harvard Business Review the results of a fascinating study of the commonalities present in high-performance salespeople.

CAREER CORNER

Would you work for free for payoff down the road?

Last week, I had the good fortune to attend a work conference in Chicago. But it wasn’t your average work conference.

I SWEAR

Sitting at my desk, waiting for words to come

“Author’s obstacle.” Twelve letters. Hint: I prefer neither to say nor write the two-word answer.

KAY'S COOKING CORNER

Spatchcocking? Funny word, good results

Strange word, huh? It was for me, too. I’ve been cooking and reading recipes and articles on food preparation for a long time, but this is the first time I have run across spatchcock.

AUTO INDUSTRY

VW sees second quarter profit halved after emissions scandal

BERLIN (AP) — Volkswagen says second-quarter profits fell by more than half compared with the same period last year, before the company was hit by the emissions cheating scandal.

REAL ESTATE

US homeownership rate of 62.9 percent matches a 51-year low

WASHINGTON (AP) — The proportion of U.S. households that own homes has matched its lowest level in 51 years — evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy.

Average US 30-year mortgage rate edges up to 3.48 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates edged higher this week for a second straight week. They still are near historically low levels to encourage potential homebuyers.

NATIONAL/INTERNATIONAL BUSINESS

Applications for US jobless aid rise to still-low 266,000

WASHINGTON (AP) — More Americans sought unemployment aid last week, but the number of applications was still at a low level that suggested hiring is healthy.

Stocks hesitate as investors work through earnings

NEW YORK (AP) — Stocks were edging slightly higher Thursday, as investors worked through another batch of mixed earnings' results, including results from Facebook, Ford and Whole Foods.

Debt-collection proposals: Fewer calls, easier to dispute

NEW YORK (AP) — Consumers could no longer receive multiple calls per day from debt collectors and would have more ability to dispute their bills under proposals released Thursday to overhaul the multibillion-dollar debt collection industry.


WEDNESDAY, JULY 27
MUSIC INDUSTRY

Earls of Leicester lead bluegrass award nominations

NASHVILLE (AP) - The Earls of Leicester are nominated for eight awards individually and as a group, including entertainers of the year, at this year's International Bluegrass Music Awards.

NASHVILLE AREA

State library offers online collection on women's suffrage

NASHVILLE (AP) — The Tennessee State Library & Archives says it has a new online collection about the women's suffrage movement.

STATEWIDE

More than 124,000 have voted early in Aug. 4 election

NASHVILLE (AP) — More than 124,000 Tennesseans already have taken advantage of early voting or absentee voting for the Aug. 4 state primary and county general election.

REAL ESTATE

Pending US home sales improved slightly in June

WASHINGTON (AP) — The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track.

AUTO INDUSTRY

French official visits Mississippi to back union at Nissan

JACKSON, Miss. (AP) — A French parliamentarian is visiting Mississippi as part of an effort to pressure Nissan Motor Co. to allow workers at its Canton plant to organize a union.

Nissan quarterly profit down 11 pct on yen, shrinking sales

TOKYO (AP) — Japanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 million) profit for the fiscal quarter through June, down nearly 11 percent from the same period a year ago, after a mileage testing scandal at its supplier hit its minicar sales in Japan.

Tesla opens Gigafactory to expand battery production, sales

SPARKS, Nev. (AP) — It's Tesla Motors' biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world's production of lithium-ion batteries.

Fiat Chrysler raises outlook as Q2 profits jump 25 percent

MILAN (AP) — Fiat Chrysler Automobiles raised its revenue forecasts after reporting a 25 percent increase in second-quarter profits as SUV and truck sales offset the impact of slumping demand for passenger cars in North America.

NATIONAL/INTERNATIONAL BUSINESS

Fed's more upbeat tone suggests rate hike as early as September

WASHINGTON (AP) — The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September.

US stocks edge mostly lower despite a big gain for Apple

NEW YORK (AP) — Stocks ended Wednesday's trading slightly lower as shares of energy companies and consumer goods makers outweighed gains in technology companies like Apple.

WTO chief: global trade not main culprit for lost US jobs

GENEVA (AP) — Global trade is not the main cause for the loss of manufacturing jobs in places like the United States and needs to be defended from its critics, the chief of the World Trade Organization said Wednesday.

Comcast profit slips due to fewer box-office hits

NEW YORK (AP) — Comcast's second-quarter profit slipped because of fewer movie hits from its NBCUniversal film-and-TV arm, but it posted big gains in internet customers and its smallest video losses for a second quarter in at least a decade.

Orders for durable goods plunged in June

WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft and broad weakness across a number of other areas. The key category that tracks business investment eked out a small gain.

Japan poised to pump up sluggish growth with new stimulus

TOKYO (AP) — Japanese Prime Minister Shinzo Abe announced plans Wednesday for a fresh barrage of economic stimulus to help revive stalling growth.


TUESDAY, JULY 26
STATEWIDE

Gov. Haslam hires Stephen Smith as senior policy adviser

NASHVILLE (AP) — Republican Gov. Bill Haslam has named Deputy Education Commissioner Stephen Smith as his new senior adviser for policy and strategy.

COURTS

Tennessee inmates sue over lack of hepatitis C treatment

NASHVILLE (AP) - Tennessee inmates infected with hepatitis C have filed a federal lawsuit against state prison officials, seeking treatment for all inmates who have the potentially deadly disease.

AUTO INDUSTRY

$15 billion Volkswagen emissions deal clears 1st hurdle

SAN FRANCISCO (AP) — A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to the deal that includes an option for owners to have the carmaker buy back their vehicles.

Key numbers in the Volkswagen emissions-cheating scandal

Some key numbers related to Volkswagen's admission that it programmed diesel cars to cheat on emissions tests:

Investigators say Tesla car was speeding at time of crash

WASHINGTON (AP) — The driver killed when his Tesla sedan crashed while in self-driving mode was traveling at 9 mph above the speed limit just before hitting the side of a tractor-trailer, federal accident investigators said Tuesday.

REAL ESTATE

US new-home sales climbed in June to more than 8-year high

WASHINGTON (AP) — Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market.

US home prices rise at steady pace as sales heat up

WASHINGTON (AP) — U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses.

NATIONAL/INTERNATIONAL BUSINESS

Survey: American consumers' confidence remains steady

WASHINGTON (AP) — American consumers are feeling confident about current economic conditions but are a bit warier about the future.

Stocks close flat as investors monitor company earnings

NEW YORK (AP) — Stocks had a muddled session on Tuesday, as investors worked through a large batch of corporate earnings from a range of companies including Gilead Sciences, McDonald's and Texas Instruments.

Trade group raises 2016 sales growth forecast to 3.4 percent

NEW YORK (AP) — A trade group raised its forecast Tuesday for retail sales growth this year to 3.6 percent, with more help from online sales, as the economy improves.

Caterpillar beats Street 2Q forecasts

PEORIA, Ill. (AP) — Caterpillar Inc. (CAT) on Tuesday reported second-quarter profit of $550 million.

AB InBev ups offer for SABMiller after Brexit pound slump

LONDON (AP) — Brewer Anheuser-Busch InBev has increased its cash offer for SABMiller to 45 pounds ($58.98) per share after pressure from investors who had seen the value of the bid drop as the pound declined following Britain's vote to leave the European Union.


MONDAY, JULY 25
NASHVILLE AREA

Tennessee Democrats laud DNC role for transgender official

NASHVILLE (AP) - The first transgender person to be named to a Tennessee government board or commission has been named the official podium timekeeper at the Democratic National Convention.

Nashville police: Crate contains 140 pounds of marijuana

NASHVILLE (AP) - Nashville police say narcotics detectives intercepted a crate of marijuana that was shipped from Phoenix for distribution to street dealers in the Tennessee city.

Tennessee State Museum receives gift of 300 Grooms artworks

NASHVILLE (AP) — The Tennessee State Museum is being given more than 300 artworks by Nashville native Red Grooms.

NATIONAL/INTERNATIONAL BUSINESS

Report: 'Brexit' move raises risks to US financial stability

WASHINGTON (AP) — Britain's decision to quit the European Union has elevated the risks to U.S. financial stability, though they remain moderate, U.S. Treasury Department experts say.

Stocks pull back after 4 weeks of gains; Yahoo slips

NEW YORK (AP) — Stocks fell moderately on Monday as investors took a break after four weeks of gains that brought the market to record highs.

Seeking wider digital audience, Verizon buys Yahoo for $4.8B

SAN FRANCISCO (AP) — Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era for a company that defined much of the early internet but struggled to stay relevant in an online world dominated by Google and Facebook.

AMC makes final $1.2B bid for Carmike Cinemas

NEW YORK (AP) — AMC Theatres is making its final bid for Carmike Cinemas Inc., offering to buy the movie theater operator in an approximately $1.2 billion deal including debt.


FRIDAY, JULY 22
STATE LEGISLATURE

Speaker now supports session to oust Durham

NASHVILLE (AP) — Tennessee's Republican House speaker says she now supports convening a special session to expel a state lawmaker accused of sexually harassing at least 22 women.

NASHVILLE AREA

Nashville fire official facing heat over LGBT Facebook posts

NASHVILLE (AP) - A Nashville Fire Department official is facing disciplinary action over Facebook posts he made in reference to the LGBT community.

STATEWIDE

Tennessee delegates have mixed reactions to Cruz non-endorsement

NASHVILLE (AP) - Tennessee delegates to the Republican National Convention have mixed reactions to a Wednesday speech by Texas Sen. Ted Cruz in which he stopped short of endorsing Donald Trump.

HEALTH CARE

Haslam names Will Cromer as TennCare chief of staff

NASHVILLE (AP) — Gov. Bill Haslam has named Will Cromer as the new chief of staff for TennCare, the state's expanded Medicaid program.

Feds say health mergers would increase costs, threaten care

WASHINGTON, D.C. (AP) — The U.S. government is suing to stop two major health insurance mergers, a move regulators say is needed to protect Americans from potential cost hikes and lower quality care.

Tennessee joins federal lawsuit to block health care merger

NASHVILLE (AP) — Tennessee is joining a federal lawsuit to stop the merger of major health insurance companies.

AUTO INDUSTRY

Volkswagen has emissions-cheating fix ready

DETROIT (AP) — Volkswagen's plan to fix most of its 2-liter diesel engines that cheat on emissions tests includes a computer software update and a larger catalytic converter to trap harmful nitrogen oxide, according to two dealers who were briefed by executives on the matter.

White House seeks more charging stations for electric cars

WASHINGTON (AP) — The White House says that commercial charging stations for electric vehicles will be eligible to receive loan guarantees from the federal government as the Obama administration works to increase the number of stations. There are 16,000 currently in place.

Autopilot technology drives Teslas but comes with warnings

LOS ANGELES (AP) — A Tesla in Autopilot mode can drive itself but it's not a "self-driving" vehicle, at least as far as safety regulators are concerned.

GM recalls about 308K cars; air bags may not work in crash

DETROIT (AP) — General Motors is recalling nearly 308,000 older Chevrolet Impala sedans in the U.S. and Canada because the air bags might not inflate in a crash.

General Motors 2Q profit more than doubles on US earnings

DETROIT (AP) — General Motors' second-quarter profit more than doubled to a post-bankruptcy record $2.87 billion on a strong performance in the U.S., where the company saw sales fall after it cut low-profit sales to rental car companies. It raised its earnings guidance for the year.

NATIONAL/INTERNATIONAL BUSINESS

US stocks post 4th weekly gain in a row

NEW YORK (AP) — Stocks are closing higher, giving the market its fourth straight weekly gain.

Amazon's Bezos moves past Buffett on world's richest list

NEW YORK (AP) — A rough day on Wall Street for Warren Buffett means Amazon's Jeff Bezos is now the third richest person in the world.

Southwest Airlines still dealing with delays after outage

DALLAS (AP) — Southwest passengers endured a third straight day of canceled and delayed flights as the airline struggled to resume normal operations on Friday.

Ailes is out as Fox News head, Murdoch named acting chief

NEW YORK (AP) — Roger Ailes is out as chief executive at Fox News Channel, his career at the network he built from scratch and ran with an iron hand for nearly 20 years over with stunning swiftness following allegations that he forced out a former anchor after she spurned his sexual advances.

NATIONAL POLITICS

Trump's closer is over, Clinton set to snag attention

CLEVELAND (AP) — In the swirl of balloons and cheers of the masses, Donald Trump finally had his Rocky moment after a rocky convention, and now Democrats are eager to step up for their own spectacle. Hillary Clinton is set to snatch attention from Republicans by naming her running mate in advance of the Democratic convention, with Virginia Sen. Tim Kaine the leading contender.

AP FACT CHECK: Trump resurfaces debunked claims in speech

WASHINGTON (AP) — Despite promising "the truth, and nothing else" in his convention speech, Donald Trump presented the nation with a series of previously debunked claims and some new ones Thursday night — about the U.S. tax burden, the perils facing police, Hillary Clinton's record and more.

Sales tax holiday uderway

NASHVILLE (AP) — Tennessee's annual sales tax holiday is underway this weekend as parents prepare for children to return to school.

Haslam drops $150K into PAC for Tennessee legislative races

NASHVILLE (AP) — Republican Gov. Bill Haslam has opened his wallet for state legislative campaigns throughout the state.

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