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VOL. 42 | NO. 42 | Friday, October 19, 2018

Do real men really need soft, sweet-smelling beards?

Nashville entrepreneurs hope so, betting on men’s grooming products

The business of men’s grooming is on the rise in Nashville, growing not from the hair on top of the head, but from the hair in front of it.

Whiskey makes beards smell better; at least that’s the goal

A bad smell will kill a good look every time. That’s why Nashville men’s grooming businesses spend an inordinate amount of time, money and energy making sure their customers smell as good as they look.

High and low: Products you might need

Expectations for men’s grooming offerings might seem limited to haircuts, shaves and conditioning, but for a few Nashville companies specializing in products tailored to the male libido, some interesting options were uncovered.

SAM STOCKARD: VIEW FROM THE HILL

Lee dislikes lottery, likes education plans they make possible

Republican gubernatorial candidate Bill Lee didn’t exactly shock anyone by saying he would fight legislative efforts to legalize sports gambling in Tennessee.

Local Weather
Currently
Nashville, TN
48.0°F
Mostly Cloudy
Wind: South at 4.6 mph
Humidity: 77%

EVENTS

Street Eats. Enjoy a gathering of up to 20 local food trucks parked along Deaderick Street between 4th Avenue North and 5th Avenue North every Thursday. The trucks serve lunch 11 a.m.-2 p.m. Information

more events »

TIM GHIANNI: STREET LEVEL

Can Tennessee history spur neighborhood renaissance?

Leaving the new Tennessee State Museum in the rearview mirror for a few minutes, I decide to dodge off Jefferson Street and try to catch up with the pedestrian who I later discover is a retired chief petty officer. “We ran the Navy,” he tells me, proudly.

RICHARD COURTNEY: REALTY CHECK

Numbers reveal clear fade of real estate feeding frenzy

Year-to-date home sales in the greater Nashville region decreased by a staggering 8 percent through the end of September, statistics compiled by the Greater Nashville Realtors reveal.

REAL ESTATE

Top Middle Tennessee commercial sales for September 2018

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

US mortgage rates fall slightly; 30-year at 4.85 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising interest rates.

TENNESSEE TITANS

‘Exotic smashmouth’ looks pretty good in hindsight for Titans fans

Six games into the 2018 season, and one trip across the pond before the bye week, a major question comes to mind concerning the Tennessee Titans’ offense.

What to watch: Titans vs. Chargers at Wembley Stadium, London

1. Find the running game. The Titans’ offensive woes start with the line, which was embarrassed by Baltimore and has not been able to get the run game going all season. The Titans may have to go back to the basics and do something to re-establish the run.

UT SPORTS

Vols riding high (for a change) as Tide rolls in

Tennessee football coach Jeremy Pruitt took a swig of water as he stood behind the podium, trying to choke back his emotions.

NEWSMAKERS

Bass, Berry & Sims welcomes 3 attorneys

Bass, Berry & Sims PLC has hired three attorneys for its Nashville office:

BRIEFS

Organizing committee named for 2019 NFL Draft

The local organizing committee for the 2019 NFL Draft includes 35 Nashville business and community leaders, including country artist Tim McGraw and Eddie George, formerly of the Tennessee Titans, and is led by honorary co-chairs Amy Adams Strunk, Tennessee Titans owner, and Mayor David Briley. Serving as co-chairs are Steve Underwood, CEO and president of the Tennessee Titans, and Dan Mohnke, senior vice president, sales & marketing and operations, Nissan North America.

BEHIND THE WHEEL

What’s new – and what’s missing – in your next new car

Automakers are continually making changes in vehicles. These can be technological breakthroughs, such as the automatic emergency braking systems that are increasingly becoming standard on new cars. Some are mandated changes, such as a federal requirement that all vehicles have backup cameras, which went into effect in May.

CAREER CORNER

Settling for less money to start? That’s a bad idea

Have you ever had someone tell you that it’s a good idea to get your foot in the door at a company? The theory is that if get your foot in the door and work your way up over time.

GUERRILLA MARKETING

Google updates dictate you are what you ‘E-A-T’

Google’s latest two algorithm updates, Medic and Birthday, each had a significant impact on where affected websites found themselves ranking within the search engine results pages (SERPs).

REAL ESTATE

US pending home sales nudged upward in September

WASHINGTON (AP) — Pending home sales rose slightly in September, but contract signings are depressed from a year ago as affordability has become a greater challenge for would-be buyers.

US average mortgage rates edge up; 30-year at 4.86 percent

Long-term U.S. mortgage rates edged slightly higher this week amid continued anxiety in financial markets as interest rates rise.

TECHNOLOGY

Twitter stock surges despite huge drop in users

NEW YORK (AP) — Twitter's stock is surging before the opening bell as investors overlook a huge drop in monthly user numbers, and focus instead on stronger-than-expected profit and revenue in the third quarter.

Google abandons Berlin campus plan after locals protest

BERLIN (AP) — Google is abandoning plans to establish a campus for tech startups in Berlin after protests from residents worried about gentrification.

NATIONAL/INTERNATIONAL BUSINESS

A day after a rout, US stocks turn higher on solid earnings

NEW YORK (AP) — Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines.

Buckle up: Wall Street volatility is back with a vengeance

NEW YORK (AP) — If you're an investor who was lulled to sleep by the stock market's calm, steady gains this summer, you're wide awake by now.

US durable goods orders edged up modest 0.8 percent

WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods slowed significantly in September, while a key category that tracks business investment fell for a second straight month.

European Central Bank sticks to plan to end stimulus

FRANKFURT, Germany (AP) — The European Central Bank said Thursday it is staying on course to wrap up its 2.5 trillion euro ($2.85 trillion) stimulus program at the end of the year, even as risks from trade protectionism, Italian populist policies, and Brexit loom ever larger.

NATIONAL POLITICS

Package to DeNiro recovered, Trump tweets against media

WASHINGTON (AP) — Police recovered a suspicious package addressed to actor Robert DeNiro on Thursday, which investigators said was similar to crude pipe bombs sent to prominent Democrats, including former President Barack Obama and Hillary Clinton, and to CNN.

Experts: Bomber likely left behind a mass of forensic clues

WASHINGTON (AP) — Investigators examining the explosive devices sent to high-profile targets in Washington and New York will be working to glean forensic clues to help identify who sent them, gathering fingerprints and DNA evidence while tracking the origin of the packages and the components used to make the bombs.

Poll: Most Americans see a sharply divided nation

WASHINGTON (AP) — With just two weeks to go until the critical midterm elections, an overwhelming majority of Americans say the United States is greatly divided, according to an Associated Press-NORC Center for Public Affairs Research poll. Few Americans believe those stark divisions will get better anytime soon.


WEDNESDAY, OCTOBER 24
STATEWIDE

Pope forcibly removes Memphis bishop after investigation

VATICAN CITY (AP) — Pope Francis has forcibly removed the bishop of Memphis, Tennessee, Monsignor Martin Holley, following a Vatican investigation into the diocese.

STATE GOVERNMENT

Out of power for years, Tennessee Democrats see some hope

MEMPHIS (AP) — Tennessee Democrats know something about disappointment. The last time voters chose a governor, the party pinned its hopes on a longshot punchline named Charlie Brown, who was trounced by 30 percentage points.

NASHVILLE AREA

FedEx to hire 4,300 seasonal positions in Nashville

NASHVILLE (AP) — FedEx has announced it will add 7,100 seasonal positions to help make deliveries during this year's holiday season.

Gibson guitars picks new leaders as bankruptcy set to end

NASHVILLE (AP) — Famed guitar maker Gibson is changing its corporate leaders as the company plans to emerge from bankruptcy protection on Nov. 1.

UT SPORTS

No. 6 Tennessee boasts highest preseason ranking ever

KNOXVILLE (AP) — Tennessee is entering unfamiliar territory.

PREDATORS

Burns caps late rally, Sharks beat Predators 5-4

NASHVILLE (AP) — The San Jose Sharks cooled off the NHL's hottest team, ending the Nashville Predators' five-game winning streak.

EDUCATION

Haslam unveils upgrades to student assessments

NASHVILLE (AP) — Tennessee Gov. Bill Haslam on Wednesday unveiled new changes to improve the state's problem-plagued elementary and secondary school online testing process.

Tennessee to launch chancellor search in January

KNOXVILLE (AP) — Tennessee says it will begin a national search for its next chancellor in January.

HEALTH CARE

US approves first new type of flu drug in 2 decades

TRENTON, N.J. (AP) — U.S. health regulators have approved the first new type of flu drug in two decades.

COURTS

New York says Exxon misled investors about climate risks

NEW YORK (AP) — New York's attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks that climate change poses to its operations.

REAL ESTATE

US new-home sales slump for 4th consecutive month

WASHINGTON (AP) — Sales of new U.S. homes plunged 5.5 percent in September, the fourth straight monthly drop as the housing market cools with mortgage rates rising.

AUTO INDUSTRY

Germany wants automakers to pay up as more diesel bans loom

BERLIN (AP) — The German government is putting pressure on the country's automakers to fix diesel cars with excessive emissions, in a bid to placate drivers angered by the prospect of diesel driving bans in major cities.

US brands falter in Consumer Reports auto reliability survey

DETROIT (AP) — U.S. auto companies such as General Motors, Tesla and Ford faltered this year in Consumer Reports' reliability rankings as readers reported more mechanical trouble and fewer problems with infotainment systems.

Court rules for investors in Volkswagen diesel suit

FRANKFURT, Germany (AP) — A court in Germany has ruled that Volkswagen's main stakeholder must pay 47 million euros ($54 million) in damages to investors for not making a timely disclosure of its scandal over cars rigged to cheat on diesel emissions tests.

Wall Street skeptical of Tesla's promise to post net profit

Tesla is showing some promising signs that it will make money as advertised in the third quarter, but Wall Street isn't buying it.

TECHNOLOGY

Apple CEO backs privacy laws, warns data being 'weaponized'

BRUSSELS (AP) — The head of Apple on Wednesday endorsed tough privacy laws for both Europe and the U.S. and renewed the technology giant's commitment to protecting personal data, which he warned was being "weaponized" against users.

HEALTH CARE

Poll: Young people back single-payer health care

WASHINGTON (AP) — Large majorities of young Americans want to see an expansion of government services, including a single-payer health care program, according to a new poll by The Associated Press-NORC Center for Public Affairs Research and MTV.

NATIONAL/INTERNATIONAL BUSINESS

Tech companies lead another steep sell-off in US stocks

Another torrent of selling gripped Wall Street Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the benchmark S&P 500 index to a sixth day.

No US high-ranking officials to attend China investment fair

BEIJING (AP) — The U.S. will not send a high-ranking official to attend a major investment fair in China next month, an embassy official said Wednesday, in a move underscoring worsening trade friction between the world's two largest economies.

$1.537B Mega Millions ticket just misses world record

DES MOINES, Iowa (AP) — Lottery officials say someone bought a ticket in South Carolina to win the Mega Millions jackpot with a final total of $1.537 billion, just shy of the all-time world record.

Boeing tops all expectations on strong defense spending

CHICAGO (AP) — Boeing is topping expectations for the third quarter and raising its outlook for the year on burgeoning defense spending.

NATIONAL POLITICS

'Boogeyman' Trump plays to voters' fears to stoke turnout

WASHINGTON (AP) — Mob rule. A socialist takeover. Terrorists marching on the U.S. border.

Report: Agencies blindsided by Trump immigration order

WASHINGTON (AP) — Federal immigration and health officials were blindsided by President Donald Trump's "zero tolerance" policy on migrants crossing the southwest border, triggering a cascade of problems as agencies struggled with the fallout from family separations, congressional investigators said in a critical report issued Wednesday.

Senate slipping away as Dems fight to preserve blue wave

NEW YORK (AP) — In the closing stretch of the 2018 campaign, the question is no longer the size of the Democratic wave. It's whether there will be a wave at all.


TUESDAY, OCTOBER 23
ELECTION 2018

Graham to boost Blackburn Senate bid Sunday in Tennessee

NASHVILLE (AP) — Republican Sen. Lindsey Graham is bringing his midterm campaign trail tour to Tennessee, where he will rally support for GOP Rep. Marsha Blackburn's Senate bid.

Eric Trump hits campaign trail in Tennessee for Blackburn

MUNFORD (AP) — Eric Trump has hit the campaign trail in western Tennessee for Republican U.S. Rep. Marsha Blackburn's bid for Senate.

EDUCATION

Haslam appoints 2 trustees to University of Tennessee board

NASHVILLE (AP) — Tennessee Gov. Bill Haslam has appointed two new members to University of Tennessee's Board of Trustees.

COURTS

Sandra Day O'Connor announces likely Alzheimer's diagnosis

WASHINGTON (AP) — Sandra Day O'Connor, the first woman on the Supreme Court, announced Tuesday that she has the beginning stages of dementia, "probably Alzheimer's disease."

Pilot Flying J ex-pres wants Christmas at home before prison

CHATTANOOGA (AP) — The former president of the largest U.S. fuel retailer wants to spend the winter holidays at home before reporting to prison for his role in a scheme to defraud trucking companies.

Man's lethal injection fight leads him to electric chair

NASHVILLE (AP) — Attorneys for a Tennessee death row prisoner were trying to spare him from lethal injection and they succeeded — but not the way they hoped.

AP FACT CHECK: Trump overreaches in bragging about judges

WASHINGTON (AP) — President Donald Trump overreached Monday night when he boasted that he's seated more federal judges than any president except George Washington. By various measures, he trails others.

AUTO INDUSTRY

Dyson to build electric car in Singapore, snubbing UK

LONDON (AP) — Dyson, the British company best known for vacuum cleaners and prized hair dryers, said Tuesday it will build its new electric car in Singapore as it joins the increasingly crowded race to create the next generation of clean vehicles.

BMW to recall 1.6M vehicles worldwide for fire risk

FRANKFURT, Germany (AP) — Automaker BMW says it is expanding a recall to cover 1.6 million vehicles worldwide due to possible fluid leaks that could result in a fire.

HEALTH CARE

Trump administration unveils health options for small firms

WASHINGTON (AP) — The Trump administration is rolling out new options for small employers to use tax-free accounts for providing health coverage to workers, officials said Monday.

NATIONAL/INTERNATIONAL BUSINESS

Stocks mostly recover from an early plunge on Wall Street

A turbulent day on Wall Street ended Tuesday with stocks climbing nearly all the way out of a steep, broad sell-off that at one point erased more than 500 points from the Dow Jones Industrial Average.

Americans who don't have a bank account at lowest level ever

NEW YORK (AP) — The number of Americans who do not have a bank account fell to a record low last year, the Federal Deposit Insurance Corp. said Tuesday, a sign that the economic fortunes of the country's most vulnerable people continues to improve.

Yahoo to pay $50M, other costs for massive security breach

SAN FRANCISCO (AP) — Yahoo has agreed to pay $50 million in damages and provide two years of free credit-monitoring services to about 200 million people in the U.S. and Israel whose email addresses and other personal information were stolen as part of the biggest security breach in history.

Saudi investment forum opens, clouded by writer's death

RIYADH, Saudi Arabia (AP) — A high-profile economic forum in Saudi Arabia began on Tuesday in Riyadh, with the crown prince making a brief public appearance at the kingdom's first major event since the killing of writer Jamal Khashoggi at the Saudi Consulate in Istanbul earlier this month.

MoviePass to be jettisoned by parent company

NEW YORK (AP) — MoviePass, the struggling discount movie ticket subscription service, is being spun off by the company that owns it.

Walmart makes improvements to third-party marketplace

NEW YORK (AP) — Walmart says it will work with third-party sellers to make millions of items available for free two-day shipping on orders over $35.

NATIONAL POLITICS

Trump taps ex-Monsanto executive to lead wildlife agency

WASHINGTON (AP) — President Donald Trump says he will nominate a former executive at agribusiness giant Monsanto to head the Fish and Wildlife Service.

Mnuchin announces sanctions against 9 individuals

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says that the United States and six other Middle East countries are taking action to expose and disrupt terrorist activities being conducted by the Taliban and Iran to undermine the government of Afghanistan.

Twitter removes accounts linked to Alex Jones, Infowars

Twitter has removed some accounts thought to be used to circumvent a ban on conspiracy-monger Alex Jones and Infowars, the company said Tuesday.

Trump vilifies caravan, says he'll cut Central American aid

WASHINGTON (AP) — President Donald Trump says the U.S. will begin cutting aid to three Central American countries he accused of failing to stop thousands of migrants heading for the U.S. border. But across his administration there was no indication of any action in response to what he tweeted was a "National Emergy."


MONDAY, OCTOBER 22
MUSIC INDUSTRY

Ricky Skaggs, Dottie West enter Country Music Hall of Fame

NASHVILLE (AP) — Bluegrass and country star Ricky Skaggs, singer Dottie West and fiddler Johnny Gimble are the newest members of the Country Music Hall of Fame.

STATEWIDE

Knoxville awarded $1.8M in transportation alternative grant

NASHVILLE (AP) — Tennessee Gov. Bill Haslam says the city of Knoxville has been awarded $1.8 million transportation alternative grant to help construct a greenway.

COURTS

New execution date set for Tennessee death row inmate

NASHVILLE (AP) — The Tennessee Supreme Court has set a new execution date of Nov. 1 for a death row inmate who has asked for the electric chair rather than lethal injection.

TENNESSEE TITANS

Chargers withstand Titans' late rally, hold on for 20-19 win

LONDON (AP) — The Los Angeles Chargers' Adrian Phillips believes the Tennessee Titans made the right decision to go for a potential go-ahead 2-pointer with 31 seconds remaining — and not just because it failed.

Titans: No regrets over 2-point conversion attempt

LONDON (AP) — The Tennessee Titans hated the outcome. But they loved the call.

AUTO INDUSTRY

FCA sells auto parts unit to Japanese firm; $7 billion deal

MILAN (AP) — Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion).

HEALTH CARE

AP analysis: 'Obamacare' shapes opioid grant spending

With Republicans and Democrats joining forces again in a bipartisan effort to target the U.S. opioid crisis, an Associated Press analysis of the first wave of emergency money from Congress finds that states are taking very different approaches to spending it.

REAL ESTATE

Rising rates, slowing home sales expected to hurt remodelers

NEW YORK (AP) — General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales.

NATIONAL/INTERNATIONAL BUSINESS

Banks lead US stock slide, extending market's losing streak

Banks led a broad slide in U.S. stocks Monday as an early rally faded, giving the benchmark S&P 500 index its fourth straight loss.

FICO to test new type of credit score

Credit scores are about to get a tweak that might help those with weaker credit.

Netflix to borrow another $2B to pay its programming bills

SAN FRANCISCO (AP) — Netflix plans to borrow another $2 billion to help pay for the exclusive series and movies that its management credits for helping its video streaming service reel in millions of new subscribers during the past five years.

UK's May pleads for support, says Brexit deal is almost done

LONDON (AP) — British Prime Minister Theresa May was seeking to scotch a growing rebellion against her Brexit plans Monday, urging lawmakers to back her and saying a divorce deal with the European Union is 95 percent complete.

OECD predicts unsustainable rise in use of raw materials

BERLIN (AP) — The Organization for Economic Cooperation and Development is warning that the world's consumption of raw materials will rise sharply, putting greater pressure on the environment.

NATIONAL POLITICS

Trump wants to push middle-income tax cut through Congress

WASHINGTON (AP) — President Donald Trump says he wants to push a new middle-income tax cut through Congress after the midterm elections.

GOP fight over leadership after November vote to be messy

WASHINGTON (AP) — Win or lose in the race for the majority, House Republicans are at risk of plunging into a messy leadership battle after the November election, with the party lacking a clear heir apparent to take the place of House Speaker Paul Ryan.

Trump space force - a real need but hazy planning

WASHINGTON (AP) — President Donald Trump has demanded that Pentagon create a new military service, a Space Force to assure "American dominance in space." And with that demand, Trump has injected urgency into the debate over the best way to protect U.S. interests in space, both military and commercial.

AP FACT CHECK: Trump on migrants, Saudis, Hispanic vote

WASHINGTON (AP) — President Donald Trump inflated the projected benefits of an arms deal with the Saudis as he defended his wait-and-see attitude about Saudi complicity in the disappearance of a journalist whose apparent murder has sparked world outrage.


FRIDAY, OCTOBER 19
STATE GOVERNMENT

Mega Millions jackpot hits $1B, thanks to worsening odds

DES MOINES, Iowa (AP) — If it seems like lottery jackpots are getting larger and larger, it's because they are getting larger and larger.

Tennessee revenues exceed forecasts once again

NASHVILLE (AP) — Tennessee officials say tax revenues for the second month of the state's fiscal year came in nearly 4 percent higher, or $53.3 million more than originally projected.

ELECTION 2018

Pilot gives $1M to McConnell-linked PAC aiding Blackburn

NASHVILLE (AP) — The gas station chain founded by Republican Gov. Bill Haslam's family has donated $1 million to a political committee supporting Republican Congresswoman Marsha Blackburn's Senate bid.

States and feds unite on election security after '16 clashes

WASHINGTON (AP) — Weeks before the 2016 election, federal officials started making mysterious calls to the head of elections in Inyo County, California. They asked her to contact them if she noticed anything unusual. But they wouldn't elaborate.

Tennessee women slow to back GOP's Blackburn in Senate race

NASHVILLE (AP) — If Republican Marsha Blackburn were to win in November, the congresswoman would become the first female U.S. senator in Tennessee history. And yet women have been slow to embrace her campaign.

Cooper: Taylor Swift endorsement 'least expected' life event

NASHVILLE (AP) — Democratic Congressman Jim Cooper says receiving Taylor Swift's endorsement was like "manna from heaven," calling it "the least expected thing that's ever happened" to him and "one of the great honors" in his life.

EDUCATION

4 tax breaks for teachers

The flood of education-related tax advice that seems to crest during back-to-school season often centers on students or their parents. But teachers can score a few tax breaks, too — if they do their homework. Three tax pros share their own lesson plans for cutting teachers' tax bills.

COURTS

Haslam: Tennessee ready to use electric chair for execution

NASHVILLE (AP) — Tennessee Gov. Bill Haslam says the state is prepared to execute death row inmate Edmund Zagorski using the electric chair.

MoviePass operations under investigation by New York AG

NEW YORK (AP) — The company that runs the beleaguered MoviePass discount service for movie tickets is being investigated by the New York Attorney General on allegations that it misled investors.

REAL ESTATE

US home sales fell in September to slowest pace in 3 years

WASHINGTON (AP) — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy.

NATIONAL/INTERNATIONAL BUSINESS

US stock indexes end a bumpy week mixed

NEW YORK (AP) — U.S. stocks gave up an early rally and struggled to another mixed finish as investors continued sell former favorites like retailers.

Return to sender: Postal union warns of fallout if US leaves

GENEVA (AP) — No international letters, no international packages: A top official with a 192-country postal union says that's what Americans can expect if the Trump administration goes through with plans to pull of an international postal treaty over concerns about China.

Govt proposes tax rules for investors in 'opportunity zones'

WASHINGTON (AP) — The Trump administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. About 8,700 so-called "opportunity zones" have been set up in all 50 states to lure investors and developers with tax breaks.

European, Asian leaders want free trade, push back at Trump

BRUSSELS (AP) — Europe and Asia presented a united front Friday in support of free trade based on international rules and cooperation, starkly underscoring their differences with U.S. President Donald Trump's "America First" policy.

Financial watchdog: Regulate cryptocurrencies now, or else

PARIS (AP) — A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism.

China's growth slows as officials try to reassure investors

BEIJING (AP) — China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz Friday to shore up confidence in its sagging stock market.

American Express profits jump 22 percent, beating forecasts

NEW YORK (AP) — American Express said its third quarter profits jumped by 22 percent from a year earlier, as the credit card giant benefited from a lower tax rate and increased spending on the company's credit cards.

StarKist admits fixing tuna prices, faces $100 million fine

SAN FRANCISCO (AP) — StarKist Co. agreed to plead guilty to a felony price fixing charge as part of a broad collusion investigation of the canned tuna industry, the U.S. Department of Justice announced Thursday.

EU chief plays down trans-Atlantic trade rift concerns

BRUSSELS (AP) — European Commission President Jean-Claude Juncker is playing down trans-Atlantic trade tensions after U.S. Commerce Secretary Wilbur Ross accused the EU of dragging its feet in exploratory trade talks.

Report: European taxpayers bilked out of 55 billion euros

BERLIN (AP) — A group of media outlets led by Germany's non-profit Correctiv are reporting traders have manipulated transactions in multiple European countries over years, draining tax coffers of some 55.2 billion euros ($63.5 billion).

NATIONAL POLITICS

Trump says without evidence that Dems are behind 'caravan'

MISSOULA, Mont. (AP) — Eager to bring immigration to the forefront as the midterm elections near, President Donald Trump suggested without evidence that Democrats or their allies are supporting a "caravan" of Central American migrants who are traveling north aiming to enter the United States.

AP-NORC Poll: Just 1 in 4 thinks Kavanaugh told entire truth

WASHINGTON (AP) — Just 1 in 4 people thinks Brett Kavanaugh was completely honest when as a Supreme Court nominee he gave sworn testimony to the Senate Judiciary Committee last month, with Republicans and Democrats holding starkly distinct opinions of his credibility, according to a poll released Friday.

Global government body warns Iran on terrorism financing

PARIS (AP) — A global financial watchdog Force has given Iran until February to crack down on terrorism funding or risk deeper economic isolation.

Trump: 'Severe' consequences if Saudis murdered Khashoggi

WASHINGTON (AP) — President Donald Trump has acknowledged it "certainly looks" as though missing Saudi journalist Jamal Khashoggi is dead, and he threatened "very severe" consequences if the Saudis are found to have murdered him. His warning came as the administration toughened its response to a disappearance that has sparked global outrage.

Mnuchin says he will not attend Saudi investment conference

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says he will not attend an investment conference in Saudi Arabia.

Western government officials cancel trip to Saudi event

PARIS (AP) — Senior government officials from the United States, France, Britain and the Netherlands joined a growing list of people cancelling out of an investment conference in Saudi Arabia amid questions over the kingdom's involvement in the disappearance of a dissident writer.

Poll finds Trump's pro-Israel stance does not sway US Jews

JERUSALEM (AP) — President Donald Trump's pro-Israel positions have not garnered him support from American Jewish voters, according to a new survey.

Pompeo: US takes Khashoggi disappearance 'very seriously'

WASHINGTON (AP) — Secretary of State Mike Pompeo says he told Saudi Arabia's rulers that the U.S. takes "very seriously" the disappearance of journalist Jamal Khashoggi and will await the outcome of investigations by the kingdom and Turkey before deciding how the U.S. will respond.

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