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VOL. 41 | NO. 24 | Friday, June 16, 2017
SPECIAL EMPHASIS: GREEN BUSINESS

Avoiding the next big Nashville flood

Climate change is bringing more-intense storms. Where can that water go?

Areas of excessive water, ponding and flash flooding after a heavy storm in Middle Tennessee bring back memories of Nashville’s 2010 devastating flood.

Fighting climate change in the age of Trump

When President Donald Trump announced earlier this month that the United States would be withdrawing from the Paris Climate Agreement, phasing out both U.S. commitments to achieve carbon reduction targets and financial contributions to slow climate change, it was a call to action for many.

Coal is dying, and the free market holds the murder weapon

Chattanooga’s Michael Walton, 33, grew up in Greenville, Tennessee, about six hours from Berkeley Springs, West Virginia, where his biological grandfather was a supervisor at a strip coal mine.

Local Weather

Weather in Nashville, TN

EVENTS

Business Studio - Hiring Strategies for Small Business. In this discussion, we’ll explore what has worked and what hasn’t when it comes to building a team and growing a business. What role should a small business hire first? Should you hire employees or contractors? Full time or part time? Where do you find the talent that aligns with your organization’s mission and vision? Speakers include Halle Hayes, Versher; Brian Hoppes, Elevation Search Solutions; and Ben McIntyre, Internpreneur. Thursday. Registration: 3:45-4 p.m. Workshop: 4-5:30 p.m. Networking and discussion: 5:30-6 p.m. Fee: Free. Microsoft, 8 City Blvd., 3:45-6 p.m. Information: http://web.nashvillechamber.com

more events »

SAM STOCKARD: VIEW FROM THE HILL

Medicaid cuts could hit rural children hardest

As Congress fiddles with an Obamacare replacement, one likely to cut billions in Medicaid spending, health care experts warn a decrease in funding could be hard on Tennessee.

TIM GHIANNI: STREET LEVEL

Relocated Rossi still preaches gospel of good health

Len Rossi used to be known for using “the sleeper” and “the Boston crab” and especially for delivering “the dropkick” – his specialty – while slaughtering foes in wrestling rings all over the United States, Canada and even in Japan. (Gauging the extent of actual damage done to his opponents kinda depends on whether you are one of the folks believing pro wrestling, like Santa Claus, is 100 percent real and that Elvis is still alive.)

RICHARD COURTNEY: REALTY CHECK

Closings skyrocket in May despite lack of inventory

There were a staggering 3,943 closings for the month in the Nashville area in May, a 6.6 percent increase over May of 2016, figures released by The Greater Nashville Realtors reveal.

REAL ESTATE

Top Middle Tennessee residential transactions for May 2017

Top residential real estate sales, May 2017, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

US mortgage rates blip higher

WASHINGTON (AP) — Long-term U.S. mortgage rates edged up this week as the benchmark 30-year rate bounced back from a seven-month low.

DAVID CLIMER: OUT OF LEFT FIELD

Vanderbilt’s toughest year comes up short

When the Vanderbilt baseball team finished its season one step short of its goal – the College World Series – there was a sense of profound disappointment for the Commodores. That’s to be expected. The last pitch of any season is cause for sadness if you’re a committed baseball program that doesn’t achieve the ultimate goal.

PREDATORS

Finals run gives Preds look at young talent

As if the Nashville Predators’ march to the Stanley Cup Final wasn’t riveting enough on its own, the journey has also provided fans with some unexpected glimpses into the team’s future.

NEWSMAKERS

Nashville School of Law honors 3 legal leaders

The Nashville School of Law recognized three leaders in the legal community at its recent 24th annual Recognition Dinner. Alumni Mary Frances Rudy and Larry R. Williams are graduate honorees, and the Hon. Robert E. Corlew III is faculty honoree.

BEHIND THE WHEEL

Ford beefs up already impressive F-150 Raptor pickup

Ford’s brawny 2017 F-150 Raptor pickup truck is raking in the accolades, with its more powerful engine and new 10-speed transmission. And for the first time, it’s being offered in the automaker’s SuperCrew body style, which makes it roomier than ever.

GUERRILLA MARKETING

Let content transform you to LinkedIn pro

LinkedIn is one of the few social platforms that still allows your network to see your organic, unpaid content. It also is the single-largest social platform focused exclusively on the business sector.

CAREER CORNER

Path to job candidate’s heart isn’t always paved with cash

I recently had the opportunity to travel to Austin to meet a number of folks who work at the job website Indeed.com. If you’ve looked for a job in the last 10 years, there’s a good chance you’ve visited Indeed.

STATEWIDE

McNally joins executive panel of lieutenant governors' group

NASHVILLE (AP) — Tennessee Senate Speaker Randy McNally has been named to the executive committee of the Republican Lieutenant Governors Association.

NASHVILLE AREA

Former home of Tennessee Regulatory Authority sold for $8.9M

NASHVILLE (AP) — The former home Tennessee Regulatory Authority has been sold for $8.9 million.

REAL ESTATE

Long-term US mortgage rates slip this week

WASHINGTON (AP) — Long-term U.S. mortgage rates dropped slightly this week.

NATIONAL/INTERNATIONAL BUSINESS

US stock indexes tick higher as oil's dismal week eases

NEW YORK (AP) — U.S. stock indexes ticked higher in morning trading Thursday after the price of oil stabilized, at least for now.

Applications for US jobless aid tick up to still-low 241,000

WASHINGTON (AP) — Slightly more people sought US unemployment benefits last week, but the number of applications remained at a historically low level that suggests the job market is healthy.

NATIONAL POLITICS

Senate GOP health bill: Cut Medicaid, end no-coverage fines

WASHINGTON (AP) — Senate Republicans would cut Medicaid, end penalties for people not buying insurance and erase a raft of tax increases as part of their long-awaited plan to scuttle President Barack Obama's health care law, congressional aides and lobbyists say.

Another leadership test for Pelosi, who's weathered many

WASHINGTON (AP) — Minority Leader Nancy Pelosi is telling Democrats that next year could be the year they take back control of the House.

Census: US growing older and more racially diverse

WASHINGTON (AP) — The United States is growing older and more ethnically diverse, a trend that could put strains on government programs from Medicare to education, the Census Bureau reported Thursday.


WEDNESDAY, JUNE 21
HEALTH CARE

GOP senators complain on eve of health care bill unveiling

WASHINGTON (AP) — Republican senators complained about their party's secretive health care bill Wednesday, a day before GOP leaders planned to finally release their plan for erasing much of President Barack Obama's health care law.

Trump-connected insurer seeks expansion into Tennessee

TRENTON, N.J. (AP) — The health insurance company co-founded by the brother of President Donald Trump's son-in-law says it wants to return to New Jersey's health exchange marketplace and expand in four other states – including Tennessee.

STATEWIDE

Municipal broadband, television provider EPB gets high marks

CHATTANOOGA (AP) — Consumer Reports magazine has ranked Chattanooga's EPB Fiber as the country's best television service provider and fourth-best among internet providers.

REAL ESTATE

Home sales rose in May but buyers face sharply rising prices

WASHINGTON (AP) — Americans bought homes at a quicker pace in May, but the housing market may soon face turmoil because of a shortage of properties for sale and surging prices.

COURTS

Retired officer pleads guilty to smuggling woman into US

NASHVILLE (AP) — A retired Tennessee Highway Patrol sergeant has pleaded guilty to transporting a woman into the country illegally.

NATIONAL/INTERNATIONAL BUSINESS

Energy stocks dive anew, offset tech gains; US indexes mixed

NEW YORK (AP) — Energy stocks dove again on Wednesday as oil dropped to its lowest price since last summer, extending their dismal start to the year. Gains for health care and technology stocks helped hem in losses for broader market indexes.

Oil price extends drop to 7-month lows, despite OPEC cuts

LONDON (AP) — Oil prices fell further to a new seven-month low on Wednesday, with the international benchmark for crude sliding below $46 a barrel.

Uber CEO Kalanick resigns under investor pressure

DETROIT (AP) — Travis Kalanick, the combative and embattled CEO of ride-hailing giant Uber, has resigned under pressure from investors at a pivotal time for the company.

NATIONAL POLITICS

House GOP reviving effort to privatize air traffic control

WASHINGTON (AP) — With a boost from President Donald Trump, House Republicans will revive efforts to shift responsibility for the nation's air traffic control operations to a private, non-profit corporation.

Congress hears details of Russia election meddling

WASHINGTON (AP) — A sinister portrait of Russia's cyberattacks on the U.S. emerged Wednesday as current and former U.S. officials told Congress Moscow stockpiled stolen information and selectively disseminated it during the 2016 presidential campaign to undermine the American political process.

White House to negotiate tax overhaul behind closed doors

WASHINGTON (AP) — The White House plans to privately negotiate a massive overhaul of the tax system with Republican leaders in Congress, possibly giving rank-and-file members little if any say over the finished product, according to a top aide to President Donald Trump.

GOP eyes Senate health care vote next week, amid grumbling

WASHINGTON (AP) — Republicans are angling toward a Senate vote next week on their marquee effort to erase much of President Barack Obama's health care law. But there's plenty of grumbling from senators across the GOP spectrum, and leaders haven't yet nailed down the support they'll need to prevail.


TUESDAY, JUNE 20
NASHVILLE AREA

Deja Vu dancers win $6.5M wage settlement

DETROIT (AP) — A federal judge has approved a $6.5 million settlement in a wage dispute involving 28,000 current or former exotic dancers at a chain of clubs operating in 18 states.

STATEWIDE

Fulmer named special adviser to Tennessee president

KNOXVILLE (AP) — University of Tennessee President Joe DiPietro has hired former Volunteers football coach Phillip Fulmer as his special adviser for community, athletics and university relations.

Trial of 8 ex-Pilot employees likely moving to another city

KNOXVILLE (AP) — A federal trial will likely move to another Tennessee city in the case against eight ex-employees of the truck stop chain owned by the family of Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam

Tennessee auto parts supplier to lay off 160 workers

DAYTON (AP) — An auto parts supplier says it will lay off 160 people in Tennessee as it moves some business operations to another plant in the Midwest.

MIDSTATE

2 deputies injured in courthouse shooting; suspect dies

MANCHESTER (AP) — Two deputies were injured Monday in a shooting at a Tennessee county courthouse, and authorities said the shooter died.

TECHNOLOGY

Drones 'a huge game changer' for aviation

PARIS (AP) — Drones are no longer aviation's next big thing. They are a big thing right now, as evidenced by the drones of all shapes and sizes showcased at the Paris Air Show.

Amazon to offer try-before-you-buy clothing

NEW YORK (AP) — Amazon is increasingly claiming territory once held exclusively by department stores and it's doing so again, essentially placing a dressing room in your house.

Google's search engine aims to become employment engine

SAN FRANCISCO (AP) — Google is trying to turn its search engine into an employment engine.

NATIONAL/INTERNATIONAL BUSINESS

Oil's slide to lowest price of the year pulls stocks lower

NEW YORK (AP) — U.S. stock indexes retreated from their record heights Tuesday after a slump in the price of oil weighed on energy companies.

Chicago alderman, investors make bid for Sun-Times newspaper

CHICAGO (AP) — An investor group headed by a former Chicago alderman has submitted a bid to buy the Chicago Sun-Times.

Germany's Merkel vows not to give up on US free trade deal

BERLIN (AP) — Chancellor Angela Merkel vowed Tuesday to seek a broad agreement on trade at next month's Group of 20 summit and told German business leaders that she won't give up on a free-trade deal between Europe and the U.S.

Forever green: Cemeteries make more room for natural burials

RHINEBECK, N.Y. (AP) — Last goodbyes are said in these woods with wildflowers placed on a shrouded body, or with the beloved wrapped in a favorite childhood blanket. Dirt shoveled back into the graves leaves behind slowly sinking mounds of earth on the forest floor, marked with stones.

NATIONAL POLITICS

Senate steers toward showdown vote next week on health bill

WASHINGTON (AP) — Senate Republicans steered toward a potential showdown vote on their long-awaited health care bill next week, despite indications that they've yet to solidify the 50 GOP votes they'll need to avert an embarrassing defeat.

Trump plans to release tax overhaul in early September

WASHINGTON (AP) — The White House plans to introduce its tax overhaul during the first two weeks of September, says Gary Cohn, President Donald Trump's top economic aide.

GOP budget deadlock imperils Trump hopes for tax overhaul

WASHINGTON (AP) — If Republicans can't pass a budget, forget about a major overhaul of the nation's tax code — at least if they want a GOP-only approach with President Donald Trump that would avoid Democratic delaying tactics.

AP-NORC poll: Few favor Trump move to ditch Paris accord

WASHINGTON (AP) — Less than one-third of Americans support President Donald Trump's decision to withdraw from the Paris climate accord, a new poll shows, and just 18 percent of respondents agree with his claim that pulling out of the international agreement to reduce carbon emissions will help the U.S. economy.

Poll: Courts are right in blocking Trump's travel ban

WASHINGTON (AP) — Most Americans say federal courts are acting properly in blocking President Donald Trump's travel ban, according to a new poll by The Associated Press-NORC Center for Public Affairs Research.


MONDAY, JUNE 19
COURTS

Justices take on fight over partisan electoral maps

WASHINGTON (AP) — The Supreme Court is wading into the thicket of partisan redistricting in a case from Wisconsin.

Justices say government can't refuse disparaging trademarks

WASHINGTON (AP) — The Supreme Court says the government can't refuse to register trademarks that are considered offensive.

High court won't hear appeal over dancing baby video

WASHINGTON (AP) — The Supreme Court won't hear an appeal in a long-running copyright dispute over a YouTube video that shows a baby dancing to Prince's song, "Let's Go Crazy."

Supreme Court strikes down sex offender social media ban

WASHINGTON (AP) — The Supreme Court has struck down a North Carolina law that bars convicted sex offenders from Facebook, Twitter and other popular sites.

STATEWIDE

Tennessee distillers unveil 25-stop statewide whiskey trail

NASHVILLE (AP) — Distillers are launching a 25-stop whiskey tour across Tennessee.

TECHNOLOGY

Google intensifies campaign against online extremism

NEWARK, N.J. (AP) — Google is intensifying its campaign against online extremism, saying it will put more resources toward identifying and removing videos related to terrorism and hate groups.

NATIONAL/INTERNATIONAL BUSINESS

With tech giants back in charge, stocks hit records again

NEW YORK (AP) — Apple and other big-name technology stocks got back to their winning ways Monday and helped drive U.S. indexes once again to record heights.

120-degree temperatures could disrupt flights in Phoenix

PHOENIX (AP) — American Airlines is warning passengers that it may have to ground flights in Phoenix during a heat wave that could send the temperature soaring to 120 degrees.

NATIONAL POLITICS

Tech CEOS visit White House to talk modernizing government

WASHINGTON (AP) — The White House on Monday urged technology CEOs to pitch in on President Donald Trump's effort to modernize government.

Italy says G-20 a chance to pressure Trump on climate pact

ROME (AP) — Italy's premier says that world leaders will keep up the pressure on President Donald Trump to re-think his opposition to the Paris climate pact.

AP FACT CHECK: Whom to believe, Trump or his lawyer?

WASHINGTON (AP) — President Donald Trump and one of his personal lawyers have contradicted each other over whether the president is under investigation by the special counsel probing Russians' meddling in the 2016 election and possible links with the Trump campaign.


FRIDAY, JUNE 16
STATE LEGISLATURE

No more Tennessee bills pending on Haslam's desk

NASHVILLE (AP) — Close the book on this year's legislative session in Tennessee: Gov. Bill Haslam has no more bills or resolutions awaiting his consideration.

School board member to fill vacated seat in Tennessee House

COLLIERVILLE (AP) — Republican school board member Kevin Vaughan won a special election Thursday to fill a Tennessee House seat vacated by a lawmaker who resigned amid a sexual harassment investigation.

Special election for vacated Tennessee House seat

COLLIERVILLE (AP) — A Republican school board member and a Democratic trial attorney are competing to fill a Tennessee House seat vacated by a lawmaker who resigned amid a sexual harassment investigation.

NASHVILLE AREA

Amid uproar, Southern Baptists condemn 'alt-right' movement

PHOENIX (AP) — Southern Baptists on Wednesday formally condemned the political movement known as the "alt-right," in a national meeting that was thrown into turmoil after leaders initially refused to take up the issue.

STATEWIDE

Gov. Haslam vows to stay on sidelines of race to succeed him

NASHVILLE (AP) — Gov. Bill Haslam won't endorse any of the Republicans seeking the nomination to succeed him, but said he has spoken to several potential candidates about the emotionally taxing nature of a running a statewide campaign in Tennessee.

COURTS

Appeals court nixes challenge to fairgrounds gun show ban

NASHVILLE (AP) — The Tennessee Court of Appeals has upheld a ruling that the Tennessee State Fairgrounds is allowed to ban gun shows at the facility.

HEALTH CARE

Alexander seeks action now to steady insurance markets

WASHINGTON (AP) — A leading Republican senator is calling for immediate action to stabilize shaky health insurance markets around the country, amid concerns that the GOP will get blamed if constituents' lives are disrupted.

Genesis Healthcare to pay $53.6M to settle federal probes

LOS ANGELES (AP) — Federal prosecutors say Genesis Healthcare has agreed to pay $53.6 million to settle allegations that it submitted false claims for unnecessary therapy and nursing care.

FDA approves new, cheaper rival to EpiPen allergy shot

U.S. regulators have approved new competition for EpiPen, the emergency allergy medicine that made Mylan a poster child for pharmaceutical greed.

AUTO INDUSTRY

Volkswagen unveils new version of Polo subcompact

FRANKFURT, Germany (AP) — Volkswagen is unveiling a new version of its Polo subcompact, the sixth edition of a car that has sold 14 million units since it was introduced in 1975.

VW names new head of US plant, changes reporting structure

CHATTANOOGA (AP) — Volkswagen has named a new head of its lone U.S. assembly plant and will have the position report to the CEO of its American operations rather than directly to headquarters in Germany.

NATIONAL/INTERNATIONAL BUSINESS

Amazon-Whole Foods deal hammers grocery stores; Dow ticks up

NEW YORK (AP) — Amazon's $13.4 billion deal for Whole Foods sent grocery stores, big retailers, and food makers and distributors plunging Friday. Energy companies rose while other stocks were little changed.

Amazon buying Whole Foods in bold move into brick and mortar

NEW YORK (AP) — Amazon is buying Whole Foods in a stunning move that gives it hundreds of stores across the U.S. — a brand-new laboratory for radical retail experiments that could revolutionize the way people buy groceries.

Grocery store stocks plummet after Amazon-Whole Foods deal

Amazon's acquisition of Whole Foods Market is sending the stocks of grocery store operators and other companies that compete with Whole Foods plunging.

Amazon CEO Bezos looking to give away some of his fortune

WASHINGTON (AP) — Jeff Bezos wants to give away some his fortune, and he's looking for the public's help to figure out how to do it.

Walmart to acquire online men's clothing retailer Bonobos

NEW YORK (AP) — Walmart says it's buying online men's clothing retailer Bonobos for $310 million in cash, showing that its appetite for hip clothing brands shows no sign of abating as it looks for ways to gain on Amazon.

US housing starts drop for 3rd straight month

WASHINGTON (AP) — Homebuilders slowed down the pace of construction for the third straight month in May, a possible sign that the shortage of houses for sale might worsen.

Bank of America laying off staff in Charlotte

NEW YORK (AP) — Bank of America is cutting an unspecified number of positions in the Charlotte, North Carolina area.

Nike to slash 1,400 jobs, cut sneaker styles in shakeup

NEW YORK (AP) — Nike wants to be more nimble on its feet and sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1,400 jobs and reduce the number of sneaker styles it offers by a quarter.

US homebuilder sentiment edges lower in June

U.S. homebuilders are feeling slightly less optimistic, a shift that follows a big drop in sales of new homes in April.

Summer vacation? Lots of Americans say they can't afford it

Forget frequent flier miles, last-minute getaways and even road trips. Nearly half of Americans say they won't be taking a vacation this summer, mostly because they can't afford it, according to a new poll by The Associated Press-NORC Center for Public Affairs Research.

NATIONAL POLITICS

Trump restores some Cuba penalties, rejecting 'oppressors'

MIAMI (AP) — President Donald Trump declared Friday he was restoring some travel and economic restrictions on Cuba that were lifted as part of the Obama administration's historic easing. He challenged the communist government of Raul Castro to negotiate a better deal for Cubans and Cuban-Americans.

NOT REAL NEWS: A look at what didn't happen this week

A roundup of some of the most popular, but completely untrue, headlines of the week. None of these stories are legit, even though they were shared widely on social media. The Associated Press checked these out; here are the real facts:

Trump appears to confirm he's under investigation

WASHINGTON (AP) — President Donald Trump appeared to confirm Friday that he is under investigation for obstruction of justice, claiming that he is being investigated for firing FBI Director James Comey by the man who told him to do it.

White House without a plan to address debt ceiling

WASHINGTON (AP) — The White House lacks a unified plan to increase the government's borrowing cap as a likely September deadline is drawing near, said Mick Mulvaney, director of the Office of Management and Budget.

Trump orders more cash, industry input, for apprenticeships

WASHINGTON (AP) — President Donald Trump is ordering more money and a bigger role for private companies in designing apprenticeship programs meant to fill some of the 6 million open jobs in the U.S.

Gun debate under Trump tested by congressman's shooting

WASHINGTON (AP) — On the day that gunfire shattered the morning calm of suburban Washington, dozens of family members of those killed by past gun violence had gathered in the capital to lobby against Republican-backed legislation to make it easier to buy gun silencers.