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VOL. 42 | NO. 21 | Friday, May 25, 2018

A repurposed career in reclaimed rails

Ex-health care CEO finds success turning discarded railroad scraps into high-end furniture

Ever wonder what happens to old boxcars or railroad ties that somehow don’t get used? Answers are tucked away on Willow Street near downtown Nashville, where some railroad materials end up in a museum and others become specialty furniture and a constantly changing array of other objects.

Landing the NFL Draft is fine, but how about a Super Bowl?

One after another, many of the nation’s top sporting events are finding their way to Nashville. News that Music City is playing host to the 2019 NFL Draft really came as no surprise, considering the city’s other recent sports successes here.

SAM STOCKARD: VIEW FROM THE HILL

If only legislators could focus on important issues

A year-old law enabling Tennessee colleges and universities to keep secret the “proprietary” fees they pay money managers for handling risky investments is likely to be reviewed this year.

Local Weather

Weather in Nashville, TN

EVENTS

Full Moon Pickin’ Party. These Friday night parties, held at the Percy Warner Park Equestrian Center, feature bluegrass music including jam circles and main acts on a stage. Water, soft drinks and up to four beers are included with admission. Food is also available for purchase. Event held monthly May-October on the Friday night closest to full moon. 7-11 p.m. Fee: adult $20 advance, $25 day of, youth (7-17) $7 advance, $10 day of, children under 6 free. Season passes $100. Proceeds benefit Warner Parks. Warner Park Equestrian Center, 2500 Old Hickory Blvd. Information

more events »

TIM GHIANNI: STREET LEVEL

Keeping Big Daddy’s memory, Dairy King alive on Mill Creek

The world’s most passionate devotee of Duane Allman, Big Daddy and Big Dud – the latter two being the same guy – stands by the pavilion 100 feet or so from Mill Creek in Flat Rock (or Woodbine, both names work) and smiles.

RICHARD COURTNEY: REALTY CHECK

Goldilocks had the right idea about finding a Realtor

Chris Elizer is a Realtor with Keller Williams in Lewisburg and has been in the real estate business since the Great Recession. Yes, he entered the industry as it lay dying.

REAL ESTATE

Middle Tennessee real estate trends for April 2018

April 2018 real estate trends for Davidson, Williamson, Rutherford and Sumner counties, as compiled by Chandler Reports.

Top Middle Tennessee commercial sales for April 2018

Top commercial real estate sales, April 2018, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

US average mortgage rates at 7-year highs; 30-year 4.66 pct.

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season.

NEWSMAKERS

Justice Clark to receive TBA’s Drowota Award

Tennessee Supreme Court Justice Cornelia A. Clark will be honored next month with the Tennessee Bar Association’s prestigious Justice Frank F. Drowota III Award.

BRIEFS

Belmont, Columbia State announce partnership

Belmont University and Columbia State Community College have announced a partnership that allows Columbia State associate degree students to earn a bachelor’s of business administration degree from Belmont’s Jack C. Massey College of Business.

BEHIND THE WHEEL

Three approaches to self-driving (almost) cars

You’ve heard of Tesla Autopilot, but perhaps not always in a good way: The semi-autonomous driving system is now under investigation by the National Transportation Safety Board for the role it may have played in a March fatal accident near Mountain View, California.

CAREER CORNER

Must success come at the expense of your co-workers?

We all have bad days. Whether you woke up on the wrong side of the bed or someone cut you off on the way to work, it can make getting through the day difficult.

GUERRILLA MARKETING

Both geotargeting, geofencing offer better ways to target buyers

As technology has continued to evolve in the last decade, marketers have been closely watching and anticipating the progression of geomarketing, or the application of location intelligence to effectively market products and services to consumers.

MUSIC INDUSTRY

Muscle Shoals drummer Roger Clark dies at 67

MUSCLE SHOALS, Ala. (AP) — A drummer who contributed to the legendary Muscle Shoals sound has died.

NASHVILLE AREA

Briley wins mayoral election

NASHVILLE (AP) — Nashville Mayor David Briley declared victory after an election Thursday to serve out the term vacated by former Mayor Megan Barry, who pleaded guilty to a felony and resigned after an extramarital affair with her bodyguard.

COURTS

Harvey Weinstein arraigned on rape, criminal sex act charges

NEW YORK (AP) — Flinching when he heard himself described as a man who used power to prey on women, Harvey Weinstein was arraigned Friday on rape and other charges in the first criminal prosecution to result from the wave of allegations against him that sparked a national reckoning over sexual misconduct.

Former Judge Moreland pleads guilty to scheming to plant drugs

NASHVILLE (AP) — A former Tennessee judge pleaded guilty Thursday to corruption charges including scheming to have drugs planted on a woman after he was investigated for helping her with her legal trouble in exchange for sex.

Notice of appeal made in Tennessee Confederate statues case

MEMPHIS (AP) — The Sons of Confederate Veterans says it has filed a notice of appeal of a judge's ruling that the removal of three statues of Confederate leaders in Memphis, Tennessee, was legal.

HEALTH CARE

Health care CEOs lead the way in pay

The highest pay packages go to CEOs at health care companies. For the second time in three years, chief executives in the health care field led the S&P 500 in terms of total compensation. The typical CEO in the industry made $14.9 million last year, which means half earned more than that, and half made less.

Bill to create health care price controls in California dies

SACRAMENTO, Calif. (AP) — A proposal to create government price controls in California for surgeries, hospital stays, doctor visits and other health care services died Friday when it failed to clear a key committee, but the author says he plans to bring it back next year.

TECHNOLOGY

Facebook won't pay compensation for Cambridge Analytica case

BRUSSELS (AP) — Facebook said Thursday it will not compensate users in the scandal over the misuse of their personal data by political consultancy Cambridge Analytica.

China's Tencent: Tech world must tackle privacy concerns

PARIS (AP) — China's biggest tech company says the industry needs to tackle users' privacy concerns and the risks posed by advancing technologies.

AUTO INDUSTRY

Feds: Uber self-driving SUV saw pedestrian; did not brake

DETROIT (AP) — The autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her, but did not stop because the system used to automatically apply brakes in potentially dangerous situations had been disabled, according to federal investigators.

NATIONAL/INTERNATIONAL BUSINESS

Stocks dip as oil prices and energy companies fall sharply

NEW YORK (AP) — Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.

Fed Chair Powell stresses importance of an independent Fed

Federal Reserve Chairman Jerome Powell warned Friday that the Fed's independence from political pressure must be respected if it is to succeed in controlling inflation, maximizing employment and regulating the financial system.

US durable goods orders drop but key category shows strength

WASHINGTON (AP) — Orders for long-lasting manufactured goods fell in April amid weaker demand for aircraft. But a key category that tracks business investment rose after sliding in March — a sign of health for American industry.

UK lawmakers slam 'unsatisfactory' progress in Brexit talks

LONDON (AP) — Lawmakers scrutinizing Britain's exit from the European Union said Thursday that progress in trade talks with the bloc is "highly unsatisfactory," and that the country may have to stay in the tariff-free EU customs union for years after Brexit.

NATIONAL POLITICS

No deal: Inside Trump's decision to walk on NKorea summit

WASHINGTON (AP) — For President Donald Trump, Kim Jong Un may be the deal that got away.

AP FACT CHECK: Trump distortions while trashing Russia probe

WASHINGTON (AP) — President Donald Trump is twisting the words of his predecessor's national intelligence director as part of his stepped-up effort to trash the credibility of the special counsel's Russia investigation.

CBO analysis: Trump budget will increase deficit by $9.5T in 10 years

WASHINGTON (AP) — The nonpartisan Congressional Budget Office said Thursday that President Donald Trump's budget plan won't curb the spiraling deficit as it claims.

Trump cancels summit, citing 'open hostility' by North Korea

WASHINGTON (AP) — In a dramatic diplomatic turn, President Donald Trump on Thursday called off next month's summit with North Korea's Kim Jong Un, calling the cancellation a "tremendous setback" for peace and stressing that the US military was ready to respond to any "foolish or reckless acts" by the North.

Trump signs bill easing post-2008 crisis restraints on banks

WASHINGTON (AP) — President Donald Trump on Thursday signed into law a measure that loosens key restraints for banks imposed after the 2008 financial crisis and Great Recession. Savoring the legislative triumph, he called it "the next step in America's unprecedented economic comeback."

Something's missing in HBO's new film on John McCain's life

NEW YORK (AP) — The words "Donald Trump" are not heard anywhere in HBO's new documentary on Sen. John McCain, which debuts on Memorial Day. That's not a coincidence.

House passes $717B Pentagon policy measure

WASHINGTON (AP) — The House Thursday passed a $717 billion defense policy bill that would give the military a 2.6 percent pay hike, the largest in nine years.

Russia's ex-US envoy: Trump wants better ties with Russia

ST. PETERSBURG, Russia (AP) — "Toxic" political infighting is preventing U.S. President Donald Trump from improving relations with Moscow, Russia's former ambassador in the United States and a long-time Trump campaign contact told The Associated Press on Friday.

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