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VOL. 43 | NO. 33 | Friday, August 16, 2019

Franchising is the future

Start here, stay here

Ever eat at a Captain D’s or a Shoney’s restaurant? Grab a cupcake from Gigi’s or a latte at Just Love Coffee?

Benefits to franchising outweigh most pitfalls

The dream of owning a business is a common one.

RICHARD COURTNEY: REALTY CHECK

Belle Meade residents mull conservation overlay

Several weeks ago, Lyle Patterson, director of building and zoning for the City of Belle Meade, mentioned there was going to be an historic announcement in the coming weeks that would have significant ramifications for the city.

US long-term mortgage rates stay near historic lows

WASHINGTON (AP) — U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial markets around the globe.

Local Weather
Currently
Nashville, TN
69.0°F
Overcast
Wind: South at 11.5 mph
Humidity: 73%

EVENTS

Full Moon Pickin' Parties: Enjoy these unique Friday night parties featuring bluegrass music performed by attendees as well as main acts. Percy Warner Park Equestrian Center. Food available, Water, soft drinks and up to four beers are included with admission. Adults: $20 advance, $25 day of; Youth (7-17): $7 advance, $10 day of; Children 6 and younger free. Pickers: $5 (no alcohol), $10 with beer. Season pass: $100. Proceeds benefit Warner Parks. 7-11 p.m. Information: http://warnerparks.org/programs-events/events-2/pickin-party

more events »

JOE ROGERS: MY TAKE

Tricked out license plates over the top

It may be the one thing Tennessee legislators enjoy more than designating official state dogs, rocks and such: authorizing new specialty license plates.

NEWSMAKERS

Benchmark taps Floyd for 40 & Under list

Benchmark Litigation has selected Lee Adair Floyd, an attorney at Butler Snow, for its 2019 40 & Under Hot List.

BRIEFS

XOi adds $11M in Series C financing

XOi Technologies, a Nashville-field service communication solutions company, has announced the completion of its Series C financing round.

TENNESSEE TITANS

Davis' mantra for new season: "I've got to get open''

The Tennessee Titans are banking that 2019 will be the year that Corey Davis becomes what is known in league circles as a “WR1.”

Titans' wide receiver keeps eye on film, ball

Davis said he spent a good portion of the offseason watching Atlanta’s Julio Jones, and then-Pittsburgh Steeler Antonio Brown (presumably only Brown’s on-field antics, and not the sideshow circus off the field).

BEHIND THE WHEEL

Ram 1500 moving in on popular Ford F-150 pickup

Ford’s F-Series has dominated the full-size pickup sales race for as long as anyone can remember. For much of that time, Ram trucks have languished in third place behind the Chevrolet Silverado. But Ram has been steadily winning converts over the past few years, and it just recently leapfrogged Chevy into the No. 2 sales position.

UT SPORTS

Healthy or career? Gilroy makes right choice

A sacrifice would have to be made no matter which option Erin Gilroy chose.

PERSONAL FINANCE

Be alert and don't be a scam artist's next target

Believing that fraud can’t happen to us — because we’re too smart, logical or informed — may make us more vulnerable. Successful scam artists skillfully overcome our defenses and get us into emotional states that override logical thinking, says Kathy Stokes, AARP’s director of fraud prevention programs.

BUSINESS BOOK REVIEW

Cope with 'idiots' in your workplace with author's color-coded program

Every day of the week, you want to pound your head against your desk.


WEDNESDAY, AUG. 21
STATE GOVERNMENT

Tennessee AG asked to weigh in on possible lawmaker ousting

NASHVILLE(AP) — A Tennessee legislative leader is asking the attorney general for guidance on whether the House of Representatives can expel a member for conduct that occurred decades ago.

NASHVILLE AREA

Street in front of Memorial Gym renamed for Perry Wallace

NASHVILLE (AP) — The street in front of Vanderbilt's Memorial Gymnasium is being renamed "Perry Wallace Way" to honor the first black basketball player on scholarship in the Southeastern Conference.

NATIONAL/INTERNATIONAL POLITICS

China warns US tariffs will 'escalate trade friction'

BEIJING (AP) — China appealed to Washington on Thursday to "meet each other halfway" and settle a trade war instead of going ahead with planned tariff hikes Beijing warned will trigger retaliation.

NATIONAL/INTERNATIONAL BUSINESS

Why streaming services are the new credit card rewards binge

When it comes to credit card rewards, it's not all about gas, groceries and restaurants anymore. Issuers are moving beyond suburban staples to include millennial-friendly categories such as transit and streaming subscriptions.

Trump flip-flops on tax cuts, saying US has 'strong economy'

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump changed course and said he would abandon the idea because the nation already had "a strong economy."


TUESDAY, AUG. 13
REGION

Great Smoky Mountains gets donation of 'priceless' artifacts

TOWNSEND, Tenn. (AP) — The Great Smoky Mountains National Park has received what it calls a "priceless" donation of Cades Cove artifacts.

COURTS

Political commentator jailed for not paying child support

NASHVILLE (AP) — Conservative political commentator and former congressional candidate Steve Gill has been jailed in Tennessee after he allegedly failed to pay $170,000 in child support to his ex-wife as ordered by a judge.

HEALTH CARE

Tennessee abortion waiting period lawsuit headed for trial

NASHVILLE (AP) — Opponents to a Tennessee law requiring women to wait 48 hours before getting an abortion argue that such restrictions help perpetuate negative stereotypes about gender.

Free hepatitis A vaccinations offered to high-risk residents

NASHVILLE (AP) — Local health departments in Tennessee are offering free hepatitis A vaccine for people in high-risk groups.

NATIONAL/INTERNATIONAL BUSINESS

US stocks climb after major US retailers post solid earnings

Strong earnings reports from several big retailers helped drive stocks broadly higher on Wall Street Wednesday as the market bounced back from its first loss in four days.

Fed officials widely divided on rates at July meeting

WASHINGTON (AP) — Federal Reserve officials were widely divided at their meeting last month when they decided to cut rates for the first time in a decade, with some arguing for a bigger rate cut while others insisted the Fed should not cut rates at all.

Retailers' results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening.

US has 501,000 fewer jobs than first reported

WASHINGTON (AP) — The U.S. job market isn't quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.

Report shows deficit to exceed $1 trillion next year

WASHINGTON (AP) — The Congressional Budget Office is upping its projections for this year's federal deficit by $63 billion and increasing its forecast for deficits over the next decade by $809 billion.

Pentagon cancels billion-dollar missile defense project

WASHINGTON (AP) — The Pentagon is pulling the plug on a billion-dollar, technically troubled project to build a better weapon to destroy incoming missiles. The move is aimed in part at considering new approaches to missile defense at a time of rapid technological change.

Trump signs student debt forgiveness for disabled veterans

LOUISVILLE, Ky. (AP) — Student loan debt held by disabled veterans will be forgiven under an order signed Wednesday by President Donald Trump.

Target thrives in intense retail environment

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands.

US home sales rose 2.5% in July, aided by low mortgage rates

WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.

Beijing appeals to US to 'meet China halfway' on trade

BEIJING (AP) — Beijing appealed to Washington on Wednesday to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits.

NATIONAL/INTERNATIONAL POLITICS

Trump: Any Jew voting Democratic is uninformed or disloyal

WASHINGTON (AP) — Showing a fresh willingness to play politics along religious lines, President Donald Trump said that American Jewish people who vote for Democrats show "either a total lack of knowledge or great disloyalty."

Trump acknowledges China policies may mean US economic pain

WASHINGTON (AP) — President Donald Trump acknowledged his aggressive China trade policies may mean economic pain for Americans but insisted they're needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to promote growth.


MONDAY, AUG. 12
HEALTH CARE

Guidelines say more women may need breast cancer gene test

WASHINGTON (AP) — More women may benefit from gene testing for hereditary breast or ovarian cancer, especially if they've already survived cancer once, an influential health group recommended Tuesday.

TECHNOLOGY

Facebook rolls out tool to block off-Facebook data gathering

SAN FRANCISCO (AP) — Soon, you could get fewer familiar ads following you around the internet — or at least on Facebook.

STATE GOVERNMENT

Surface Dynamics launches $10M expansion in Tennessee

NASHVILLE (AP) — Tennessee Gov. Bill Lee has announced a nearly $10 million investment by Surface Dynamics LLC to expand its operations in western Tennessee.

NATIONAL/INTERNATIONAL POLITICS

Democrats spending millions to try to take back statehouses

AUSTIN, Texas (AP) — Democrats still shaken by the 2010 tea party wave that netted Republicans six governors' offices, flipped 21 statehouse chambers and drove nearly 700 Democratic state legislators from office are mounting a comeback, pouring millions of dollars into state level races.

NATIONAL/INTERNATIONAL BUSINESS

Major US stock indexes finish lower, snapping a 3-day rally

Stocks fell broadly on Wall Street Tuesday after another slide in bond yields and a mixed batch of corporate earnings weighed on the market.

Trump looking at tax cut, not fearing recession

WASHINGTON (AP) — President Donald Trump says his administration is a looking at tax cut proposals but not as a response to a potential recession. He says, "I'm looking at that all the time anyway." Trump talked about the economy and trade with China during a meeting Tuesday in the Oval Office with the president of Romania.

Execs starting to worry about tariffs' effects on consumers

Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy.

Department stores make room for used fashion

NEW YORK (AP) — Out with the new and in with the old.

Home Depot cuts outlook citing tariffs, lumber prices

Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers.

White House insists 'fundamentals' of US economy are strong

WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection.


FRIDAY, AUG. 16
HEALTH CARE

Brand-name drug prices rising at slower pace, lower amounts

TRENTON, N.J. (AP) — Drug companies are still raising prices for brand-name prescription medicines, just not as often or by as much as they used to, according to an Associated Press analysis.

MUSIC INDUSTRY

Brad Paisley out; Reba, Dolly, Carrie Underwood to host CMAs

Carrie Underwood, who has hosted the Country Music Association Awards since 2008 with Brad Paisley, is losing her partner-in-crime.

COURTS
NATIONAL/INTERNATIONAL POLITICS

Groups seek to block Tennessee voter signup penalties law

NASHVILLE (AP) — Voter registration groups are asking a judge to block Tennessee's new restrictions for signing up voters from taking effect in October.

TECHNOLOGY

US gives Huawei a 90-day reprieve on technology trade ban

NEW YORK (AP) — Commerce Secretary Wilbur Ross says the U.S. will extend by 90 days the ability of Chinese telecommunications giant Huawei to buy supplies from U.S. companies.

AUTO INDUSTRY

Tesla restarts its solar-panel business, offers rental plans

PALO ALTO, Calif. (AP) — Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them.

NATIONAL/INTERNATIONAL BUSINESS

Technology companies drive a broad rally on Wall Street

Technology companies powered a rally on Wall Street Monday that gave the market its third straight gain.

Trump calls on Federal Reserve to cut interest rates

WASHINGTON (AP) — President Donald Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time," saying that such an action would make the U.S. economy even better and would also "greatly and quickly" enhance the global economy.

Top US CEOs rethink the meaning of shareholder value

The shareholder comes first has for years been the mantra of the Business Roundtable, a group representing the most powerful CEOs in America.

Trump dismisses worries of recession, says economy is strong

BERKELEY HEIGHTS, N.J. (AP) — President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week's steep drop in the financial markets.

74% of economists in survey see US recession by end of 2021

WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.

NATIONAL/INTERNATIONAL POLITICS

Trump wields sanctions hammer; experts wonder to what end

WASHINGTON (AP) — Call it the diplomacy of coercion.

NASHVILLE AREA

Nashville to pilot program to end youth homelessness

NASHVILLE (AP) — The Tennessee city of Nashville is piloting a first-in-the-nation program to address homelessness among teenagers and young adults.

COURTS

Court limits order that had stopped Trump asylum limits

HOUSTON (AP) — A federal appeals court's ruling Friday will allow the Trump administration to begin rejecting asylum at some parts of the U.S.-Mexico border for migrants who arrived after transiting through a third country.

UT SPORTS

Tennessee to sell alcoholic beverages at home football games

KNOXVILLE (AP) — Tennessee is the latest Southeastern Conference school to sell alcoholic beverages at upcoming home football games.

TECHNOLOGY

Amazon: Facial recognition program for cops detects emotion

SEATTLE (AP) — Amazon has announced its facial recognition program used by one Washington state police agency can now detect emotion, generating concerns from privacy advocates.

NATIONAL/INTERNATIONAL BUSINESS

Trump allies push back on proposed foreign aid cut

WASHINGTON (AP) — Two of President Donald Trump's strongest allies in Congress pushed back Friday on his administration's plans to slash some $4 billion in foreign aid that lawmakers have already approved.

US stocks end turbulent week with broad gains

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August.

Google employees call for pledge not to work with ICE

SAN FRANCISCO (AP) — Hundreds of Google employees are calling on the company to pledge it won't work with U.S. Customs and Border Protection or Immigration and Customs Enforcement. It's the latest in a year full of political and social pushback from the tech giant's workforce.

US home building fell 4% in July, slowing housing market

WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land.

NATIONAL/INTERNATIONAL POLITICS

Greenland to Trump: Thanks, but we're not for sale

TASIILAQ, Greenland (AP) — Greenlanders are giving Donald Trump the cold shoulder.

Trump appoints student loan industry exec to watchdog job

NEW YORK (AP) — The Trump administration is appointing a long-time student loan industry executive to be the government's top watchdog for the $1.5 trillion student loan market.

Democrats plan early return for work on gun legislation

WASHINGTON (AP) — Democrats on the House Judiciary Committee will be returning early from their summer recess to consider gun-violence legislation in the wake of this month's mass shootings in Texas and Ohio.

US tells Congress of plans to sell F-16 fighters to Taiwan

WASHINGTON (AP) — The Trump administration has informed Congress it plans to sell F-16 fighters worth $8 billion to Taiwan in a move that will inflame already high tensions with China.

AP sources: Trump has talked about buying Greenland for US

WASHINGTON (AP) — Aiming to put his mark on the world map, President Donald Trump has talked to aides and allies about buying Greenland for the U.S.

Tlaib declines to visit West Bank, citing Israeli conditions

JERUSALEM (AP) — Democratic Rep. Rashida Tlaib said Friday she would not visit her grandmother in the occupied West Bank, despite being granted an Israeli permit on humanitarian grounds, saying Israel's "oppressive" conditions aimed to humiliate her.

AP Analysis: Trump uses Israel to fuel partisan fires

WASHINGTON (AP) — President Donald Trump's encouragement and support of Israel's decision to ban two Democratic lawmakers may play well to his political base, but it could endanger the foundations of the U.S.-Israel relationship in the longer term.

NATIONAL/INTERNATIONAL POLITICS

Israel bars entry to outspoken US congresswomen

JERUSALEM (AP) — Israel said Thursday that it will bar two Democratic congresswomen from entering the country ahead of a planned visit over their support for a Palestinian-led boycott movement, a decision announced shortly after President Donald Trump tweeted that it would "show great weakness" to allow them in.

COURTS

Judges nix appeal saying migrant kids may not require soap

SAN FRANCISCO (AP) — A panel of judges on Thursday dismissed an appeal by the U.S. government that contended detained immigrant children might not require soap during shorter stints in custody under a longstanding settlement agreement.

Judge: Embattled Tennessee DA won't be disqualified

NASHVILLE (AP) — A Tennessee judge says a special prosecutor who's come under fire for making anti-gay and anti-Islam remarks will continue to handle a young black activist's court case.

NATIONAL/INTERNATIONAL BUSINESS

US stocks veer higher in latest bout of market volatility

Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going.

Weak global growth likely to mean US slowdown, not recession

WASHINGTON (AP) — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall.

US productivity grew a healthy 2.3% rate in 2nd quarter

WASHINGTON (AP) — U.S. productivity increased at a decent pace in the second quarter, a trend that could lead to higher wages if it continues.

Walmart delivers big in 2Q

NEW YORK (AP) — Walmart offered a dose of optimism amid growing concerns over weakening economic growth by raising its annual outlook after a strong second quarter.

US retail sales rise strongly in sign of consumer optimism

WASHINGTON (AP) — Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that have roiled financial markets have yet to dampen consumer confidence.

US industrial output fell 0.2% in July as factories struggle

WASHINGTON (AP) — U.S. industrial production fell 0.2% in July, as factory activity slumped in a worrisome sign for the economy.

HEALTH CARE

US makes new push for graphic warning labels on cigarettes

WASHINGTON (AP) — U.S. health officials are making a new attempt at adding graphic images to cigarette packets to discourage and Americans from lighting up. If successful, it would be the first change to U.S. cigarette warnings in 35 years.

NASHVILLE AREA

Vanderbilt to begin alcohol sales at home football games

NASHVILLE (AP) — Vanderbilt plans to conduct alcohol sales to the general public for home football games this season.


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