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VOL. 40 | NO. 38 | Friday, September 16, 2016

Finding success in the shifting restaurant business

Entrepreneurs, chefs offer fresh concepts for changing appetites

Look at the restaurant to your left. Now look at the restaurant to your right. Chances are, one of them won’t be there by 2020.

Marshall takes once-tiny Puckett’s to new heights

Andy Marshall is one of Middle Tennessee’s most dynamic restaurateurs.

Nashville State, other schools struggle to meet demand for restaurant workers

Want a new career with hot prospects? The hospitality industry is cooking.

Chef’s life: What they do, what they're paid, who's hiring

Restaurant job wages are on the rise in Nashville, thanks to the tight labor market. Average wages for cooks and chefs in the Nashville-Murfreesboro-Franklin area are rising more sharply than the average wage increase for all occupations, Bureau of Labor Statistics figures show.

Local Weather
Currently
Nashville, TN
52.0°F
Overcast
Wind: Calm mph
Humidity: 93%

EVENTS

Americana Music Festival. The 17th annual Americana Music Festival, which runs through Sunday, features five nights of approximately 215 live performances at venues throughout Nashville at night. Plus, seminars, panels and networking opportunities will take place throughout the day. Downtown venues include 12th & Porter, 3rd and Lindsley, Acme Feed & Seed, Cannery Ballroom, City Winery, Country Music Hall of Fame and Museum, Downtown Presbyterian Church, George Jones Museum, High Watt at Mercy Lounge, Mercy Lounge, Riverfront Park and Ascend Amphitheater, Ryman Auditorium, Sheraton Nashville Downtown Hotel, Emma, Station Inn, Third Man Records and Union Station Hotel. A $60 wristband grants access to all of the venues every night of the festival. Information: http://americanamusic.org.

more events »

SAM STOCKARD: VIEW FROM THE HILL

Rising premiums, Insure Tennessee tie vexes legislators

State Rep. Ron Travis is perplexed. On one hand, the Republican from Dayton is concerned with escalating premiums for Tennesseans participating in the insurance marketplace, worried costs are increasing to the point people simply can’t afford health insurance.

RICHARD COURTNEY: REALTY CHECK

Midstate market finally shows signs of slowing

Punxsutawney Charles is a commercial real estate broker who doubles as a developer in Nashville. He earned the nickname by being able to predict how the residential real estate market will fare in the near future.

REAL ESTATE

Top Middle Tennessee residential transactions for August 2016

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

Middle Tennessee real estate trends for August 2016

August 2016 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.

US average 30-year mortgage rate jumps to 3.50 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June.

DAVID CLIMER: OUT OF LEFT FIELD

‘Crazy stuff’ threatens to kill another Titans season

By most accounts, the Tennessee Titans won the offseason thanks to a strong draft and some smart moves in free agency.

TERRY McCORMICK: TENNESSEE TITANS

Titans OC Robiskie appreciates the head coach's help – to a point

Being an offensive or defensive coordinator can be a thankless job.

Titans at Lions: What to watch

Take care of the ball: The Titans had Sunday’s opener against the Vikings literally fall from their grasp, thanks to two lost fumbles and an interception that turned directly into 14 points for Minnesota. This week against the Lions’ high-powered offense, the Titans could get blown out of a repeat of their turnover problem arises again.

DAVE LINK: UT SPORTS

High-scoring Ohio a good warmup for Florida game

Tennessee football returns to normalcy this week, if you call a noon EDT kickoff normal.

NEWSMAKERS

Seigenthaler now with Finn Partners

Global public relations firm Finn Partners has announced that award-winning communications professional and journalist John Seigenthaler has joined the agency.

BEHIND THE WHEEL

Chevrolet Tahoe remains best-selling full-size SUV

With new connectivity and safety features for 2016, the Chevrolet Tahoe SUV is a top-selling family vehicle that is anything but small.

GUERRILLA MARKETING

Four areas essential to your success in 2017

It’s not too soon to start thinking about how you’re going to make 2017 a success for your company. Here are four areas that are essential to the sales and marketing performance of your business.

CAREER CORNER

In age of disloyalty, better to stay a step ahead of pink slips

Loyalty can feel like a lost art. It’s often hard to know where alliances lie and who really has your back.

I SWEAR

Something to ponder while waiting to fall back

There are many common words and phrases in which back is an integral part. And many of them have significant application in the autumn of the year.

MUSIC INDUSTRY

Jason Isbell extends legacy at Americana Honors and Awards

NASHVILLE (AP) — Singer songwriter Jason Isbell won album of the year and song of the year at the 2016 Americana Honors and Awards show, extending his legacy as the star of Americana music.

NASHVILLE AREA

New Tennessee State Museum to open doors in fall of 2018

NASHVILLE (AP) - The new Tennessee State Museum is scheduled to open its doors to the public in the fall of 2018.

COURTS

Nashville mosque sues state over tax exemption denial

NASHVILLE (AP) - The Islamic Center of Nashville is suing the state in federal court after it says it was denied a tax exemption.

STATEWIDE

Lee Pope hired as new deputy open records counsel

NASHVILLE (AP) - Lee Pope, an attorney for the Tennessee Emergency Communications Board has been hired as the new deputy open records counsel in the state comptroller's office.

REGION

Company restarts gasoline pipeline after leak in Alabama

ATLANTA (AP) — Colonial Pipeline restarted the gasoline pipeline in Alabama that had been shut down because of a major leak, which caused shortages and surging fuel prices across the South.

NATIONAL/INTERNATIONAL BUSINESS

US claims for jobless aid slide to lowest level since July

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to the lowest level since July, more evidence that U.S. workers are enjoying job security.

Global stocks rise after Fed holds off interest rate hike

BEIJING (AP) — Global stocks rallied Thursday after the U.S. Federal Reserve held off raising its key interest rate and the Japanese central bank committed to stimulus until it sees a sustained rise in inflation.


WEDNESDAY, SEPTEMBER 21
MUSIC INDUSTRY

Country song mashup celebrates CMA's 50th anniversary

NASHVILLE (AP) - Music awards shows love to mashup songs and artists together, but the Country Music Association took the mashup to a new level for their upcoming 50th anniversary.

COURTS

GOP donor Andy Miller settled federal fraud case for $7.8M

NASHVILLE (AP) - The business run by wealthy Republican donor Andy Miller has agreed to pay $7.8 million to settle allegations of defrauding a federal military health care program.

Groups cross ideological lines for criminal justice reform

NASHVILLE (AP) — Advocacy and business groups from opposite ends of the political spectrum are joining forces to press for criminal justice reform in Tennessee.

NASHVILLE AREA

Nashville gives approval of Google Fiber-backed ordinance

NASHVILLE (AP) - Nashville officials have voted to allow Google technicians to make room for Google's lines on utility poles by moving other telecoms' lines, in order to bring the company's fiber-optic broadband service to the city, but officials fear a prolonged legal battle could further delay matters.

Metro Council approves marijuana decriminalization ordinance

NASHVILLE (AP) — Council members in Nashville have approved an ordinance that allows police to reduce the penalty for people who possess a small amount of marijuana.

REGION

Pipeline will soon reopen, carrying gasoline to 5 states

ATLANTA (AP) — Gasoline should begin flowing again Wednesday — through a temporary bypass on a critical pipeline — after a major leak in Alabama forced a shutdown that led to surging fuel prices and scattered gas shortages across the South, a company official said Tuesday.

AUTO INDUSTRY

1,400 investor lawsuits seek 8.2 billion euros from VW

FRANKFURT, Germany (AP) — A German court says it has added staff and storage space to handle a flood of 1,400 investor lawsuits against Volkswagen seeking damages worth 8.2 billion euros ($9.2 billion).

NATIONAL/INTERNATIONAL BUSINESS

Fed keeps key rate unchanged but hints of coming hike

WASHINGTON (AP) — The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end.

US stocks jump after Fed leaves interest rates unchanged

NEW YORK (AP) — U.S. stocks climbed Wednesday as investors were relieved that the Federal Reserve once again left interest rates unchanged. That sent dividend-paying stocks higher, while energy companies jumped with the price of oil.

SEC accuses hedge fund manager Cooperman of insider trading

WASHINGTON (AP) — Federal regulators have accused high-profile hedge fund manager Leon Cooperman and his firm of illegally trading on confidential information he learned from a company executive.

Peppered with questions, Wells Fargo CEO seemed taken aback

WASHINGTON (AP) — Facing bipartisan outrage from a Senate panel over accusations of employee misconduct, Well Fargo CEO John Stumpf appeared taken aback by the intensity of the verbal lashing. At a few points, he seemed flustered and stumbled a bit over his words. He bristled at assertions that the alleged opening of millions of customer accounts without their permission was a "scam."

Mylan CEO defends EpiPen cost to angry lawmakers

WASHINGTON (AP) — Outraged Republican and Democratic lawmakers on Wednesday grilled the head of pharmaceutical company Mylan about the significant cost increase of its life-saving EpiPens and the profits for a company with sales in excess of $11 billion.

NATIONAL POLITICS

WHY IT MATTERS: Minimum wage

WASHINGTON (AP) — Modest income growth for most Americans, strikes by fast-food workers, and the rapid growth of low-paying jobs at the same time middle-income work shrinks have combined to make the minimum wage a top economic issue for the 2016 campaign.


TUESDAY, SEPTEMBER 20
STATE LEGISLATURE

McCormick won't seek 4th term as House majority leader

NASHVILLE (AP) - Gerald McCormick, the fiery majority leader of the Tennessee House, says he won't seek another term as the chamber's No. 2 Republican.

REGION

Company expects to restart gasoline pipeline Wednesday

ATLANTA (AP) — A main gas line is expected to restart Wednesday with a temporary bypass after a leak and spill in Alabama led to surging fuel prices and some gas shortages across the South, a company official said Tuesday.

TECHNOLOGY

Comcast plans to launch wireless service next year

NEW YORK (AP) — Comcast plans to launch a cellphone service roughly in the middle of next year, although it would be limited to areas of the country where it's a cable provider.

REAL ESTATE

US home construction slumped in August; big dip in the South

WASHINGTON (AP) — Homebuilders pulled back on construction in the South, causing the pace of August housing starts nationwide to fall to their lowest level in three months.

AUTO INDUSTRY

Feds preview rules of the road for self-driving cars

WASHINGTON (AP) — Obama administration officials are previewing long-awaited guidance that attempts to bring self-driving cars to the nation's roadways safely — without creating so many roadblocks that the technology can't make it to market quickly.

AAA research finds people waste money on premium gas

DETROIT (AP) — There is no sense paying a premium for premium gasoline if your car is designed to run on regular, according to research by the automobile club AAA.

GM, Canadian workers reach deal to avert strike

DETROIT (AP) — General Motors and the Canadian auto workers union Unifor have reached a tentative contract agreement, averting a strike that was threatened for midnight Monday.

NATIONAL/INTERNATIONAL BUSINESS

US stocks creep higher as Federal Reserve meeting starts

NEW YORK (AP) — U.S. stocks inched higher Tuesday in another cautious day of trading as investors kept an eye on central banks in the U.S. and Japan. Health care and household goods companies led the way while energy companies slipped.

Marriott receives final approval needed for Starwood buyout

NEW YORK (AP) — Chinese antitrust regulators have approved Marriott's buyout of Starwood, marking the final approval needed for the deal to close.

Whole Foods reaches $3.5M environmental waste settlement

DALLAS (AP) — Whole Foods Market Inc. has reached a $3.5 million settlement with regulators over its improper identification or mishandling of hazardous waste at stores.

Report finds racial wage gap widest in nearly 4 decades

WASHINGTON (AP) — As wages for American workers have stagnated for more than a generation, the income gap between black and white workers has widened, and discrimination is the main reason for the persisting disparity, according to a new report.

Wells Fargo CEO to apologize for betraying customers' trust

WASHINGTON (AP) — The CEO of Wells Fargo plans to apologize before a congressional panel for betraying customers' trust in a scandal over allegations that employees opened millions of unauthorized accounts, moved money into them and signed customers up for online banking in order to meet sales targets.

NATIONAL POLITICS

Unemployment rates mostly fall in US battleground states

WASHINGTON (AP) — Unemployment rates in U.S. presidential swing states, including Florida and North Carolina, mostly fell in August compared with a year ago.

Bills would defend consumers' right to leave bad reviews

WASHINGTON (AP) — Congress is defending your right to Yelp. Legislation in Congress would ensure that customers who want to post negative reviews on websites like Yelp or TripAdvisor can do so without legal repercussions.

WHY IT MATTERS: Wall Street Regulation

WASHINGTON (AP) — THE ISSUE: The financial crisis that struck in 2008 touched off the worst recession since the 1930s Great Depression, wiping out $11 trillion in U.S. household wealth and leaving about 8 million Americans jobless. More than 5 million families lost their homes to foreclosure. Reckless trading and aggressive practices on Wall Street in the prior boom years were pinned with much of the blame.


MONDAY, SEPTEMBER 19
MIDSTATE

75-year-old Murfreesboro man earns law degree

MURFREESBORO (AP) — Retirement and travel weren't in the cards for Jim Edwards after he sold his business in 2009. Instead, he acted on his desire to go to law school.

REAL ESTATE

US homebuilder sentiment rises in September as sales improve

Confidence among U.S. homebuilders has surged to the highest level in nearly a year, reflecting a brighter outlook for sales now and into 2017.

AUTO INDUSTRY

Exec: Most Lyft rides will be in autonomous cars in 5 years

DETROIT (AP) — Within five years, a majority of ride-hailing company Lyft's rides will be in self-driving cars, the company's co-founder and president predicted on Sunday.

TECHNOLOGY

Drone operators seek permission to fly out of direct sight

FARGO, N.D. (AP) — As thousands of commercial drones take to the skies under new Federal Aviation Administration rules, some small operators are pursuing a coveted exemption that would allow them to fly their drones where they can't be seen by the pilot.

NATIONAL/INTERNATIONAL BUSINESS

With economic outlook hazy, Fed likely to leave rates alone

WASHINGTON (AP) — Again and again in recent months, the Federal Reserve has signaled that it's edging closer to resuming the interest-rate hikes it began in December.

US stocks can't hang onto gains, finish lower

NEW YORK (AP) — U.S. stocks wobbled and finished mostly lower Monday as investors waited for central bank meetings in the United States and Japan. Health care and technology companies took some of the biggest losses while banks rose.

Banks focus more on new accounts — and the fees they bring

NEW YORK (AP) — When Wells Fargo CEO John Stumpf testifies before a Senate committee hearing Tuesday, it won't be just his bank under fire for turning friendly branches into high-pressure sales centers. It'll be the entire industry.

NATIONAL POLITICS

Trump tax plan may cost $1.5 trillion more than he says

DENVER (AP) — Donald Trump's tax plan may cost $1.5 trillion over the next decade more than he has projected and skew even more to the wealthy, according to a nonpartisan analysis released Monday.

WHY IT MATTERS: Infrastructure

JEFFERSON CITY, Mo. (AP) — THE ISSUE: The U.S. interstate highway system, celebrating its 60th birthday this year, is showing its age. Many roads and bridges are in need of repair or expansion. Similar problems exist for public drinking and wastewater systems, dams and levees, airports, railroads and mass transit systems. Politicians generally agree the nation's infrastructure is in need of improvement. Deciding how to pay for it and which projects should take priority is more difficult.


FRIDAY, SEPTEMBER 16
NASHVILLE AREA

Fifth Third Bank to shed 44 branches

CINCINNATI (AP) — Fifth Third Bank says it plans to consolidate or sell 44 branches and five parcels of undeveloped land next year.

STATEWIDE

Preliminary unemployment rate up for August in Tennessee

NASHVILLE (AP) — Tennessee officials say the state's preliminary unemployment rate for August climbed slightly from the previous month.

COURTS

AP, other media sue FBI for details on iPhone hacking tool

WASHINGTON (AP) — The Associated Press and two other news organizations sued the FBI on Friday to learn who the government paid and how much it spent to hack into an iPhone in its investigation into last year's San Bernardino, California, massacre.

TECHNOLOGY

FAA contemplating whether millions of drones will fill skies

WASHINGTON (AP) — So many people are registering drones and applying for drone pilot licenses that federal aviation officials said Friday they are contemplating the possibility of millions of unmanned aircraft crowding the nation's skies in the not-too-distant future.

US regulators: Official recall of 1M Samsung Note 7 phones

SAN FRANCISCO (AP) — U.S. safety regulators announced a formal recall of Samsung's Galaxy Note 7 smartphone Thursday after a spate of fires led to injuries and property damage — along with a global marketing headache for the South Korean tech giant.

HEALTH CARE

Behind health law's 'growing pains,' more serious problems?

WASHINGTON (AP) — President Barack Obama told insurers this week his health care overhaul has had some growing pains. But with premiums rising and marquee insurers bailing, could the real diagnosis be "failure to thrive?"

NATIONAL/INTERNATIONAL BUSINESS

Americans take on more mortgage debt as housing recovers

WASHINGTON (AP) — More Americans are buying houses and taking on mortgage debt at a time when higher home prices are also boosting their ownership stakes.

Banks, energy stocks lead US market lower

NEW YORK (AP) — Stocks are closing lower on Wall Street, led by declines in banks and energy companies.

US consumer prices tick up in August

WASHINGTON (AP) — U.S. consumer prices edged up in August as a surge in medical care offset flat readings for food and energy.

A flurry of tepid economic data could lead Fed to delay hike

WASHINGTON (AP) — U.S. factory output fell, consumers cut back at retailers and wholesale prices went nowhere in August, the latest evidence of a less-than-robust economy. The weak numbers could give the Federal Reserve further reason to hold off on raising interest rates when it meets next week.

US retail sales slump 0.3 percent, ending 4 months of gains

WASHINGTON (AP) — U.S. shoppers retreated in August, cutting back their spending at auto dealers, furnishers and building material stores to depress overall retail sales after four straight monthly gains.

TED conference creator in $10M lawsuit over sale of spinoff

PROVIDENCE, R.I. (AP) — The man who created the TED conference is embroiled in a multimillion-dollar legal dispute over the sale of a TED spinoff.

NATIONAL POLITICS

Economists say Trump's economic plan is an impossible blend

NEW YORK (AP) — Donald Trump has attached a price tag to an economic vision promising what many economists say is impossible: lower taxes, a dramatic expansion in some federal programs and a slimmer government running a smaller deficit.

Trump outlines vision for economy, promising large tax cuts

NEW YORK (AP) — Donald Trump outlined his vision for managing the nation's economy as president on Thursday, promising that his plans to lower taxes by $4.4 trillion over a decade and cut regulations would lead to booming growth, create millions of jobs and even cut into the nation's budget deficit.

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