VOL. 45 | NO. 43 | Friday, October 22, 2021
RICHARD COURTNEY: REALTY CHECK
There are those who are irritated by the growth the Nashville area is experiencing, and their concerns are well-founded. Some of the accusations flowing are somewhat scathing. Is it greed that drives Realtors to sell real estate to those employees of firms moving to town?
REAL ESTATE
WASHINGTON (AP) — The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redlining investigations since the Obama administration.
Top commercial real estate sales, September 2021, for Davidson County, as compiled by Chandler Reports.
TENNESSEE TITANS
With A.J. Brown and Julio Jones as the focal points of the Titans passing game – they combined for 10 catches, 150 yards in Monday night’s 43-31 win against the Bills – it’s easy for other receivers to get lost in the shuffle.
The Titans offensive line has had its share of problems this year, and it didn’t get any better when Taylor Lewan was carted off the field Monday night with an apparent concussion.
The Titans are in the midst of a tough stretch of games, first with the Buffalo win and then the Kansas City Chiefs on a short week. The Chiefs, despite a 3-3 record, are a tough out and a top contender.
NASHVILLE (AP) — Titans left tackle Taylor Lewan will not play against the Kansas City Chiefs on Sunday as he recovers from a concussion.
NASHVILLE (AP) — The Tennessee Titans have a great knack for finishing games. Moving the ball after the opening kickoff is their big problem.
UT SPORTS
Tennessee senior offensive lineman Jerome Carvin doesn’t need to watch extra tape this week to get a scouting report on Alabama’s leading tackler.
NEWSMAKERS
Bradley Arant Boult Cummings LLP’s Tom Trent, a partner in the firm’s Nashville office, has been recognized for the second consecutive year with a 2021 Client Choice Award presented by Lexology. He also has been elected to a second term on the board of regents of the American College of Mortgage Attorneys.
BRIEFS
MTR Family Law, PLLC, is merging with Gullett, Sanford, Robinson & Martin, PLLC, and establishing the new Family Law Practice Group of GSRM, effective Jan. 1.
BEHIND THE WHEEL
There are a number of new models on the horizon that promise big improvements. Buyers might find that holding out until they arrive nets them a forward-looking vehicle that leaves today’s models in the dust. Here are five of them coming out in the next three to six months that Edmunds’ experts believe will be worth the wait.
PERSONAL FINANCE
Many popular toys could sell out long before the holidays, thanks to ongoing pandemic-related disruptions. This could be a disaster – or a great opportunity to reshape how we celebrate.
CAREER CORNER
It’s hard to overstate how happy I’ve been that our workforce is more remote now than ever before. Working from home opens options for many people. People are no longer confined to the job market in their town. They can live anywhere. And, they don’t have to commute or go into an open office.
PREDATORS
NASHVILLE (AP) — Alexis Lafrenière scored with 9:07 remaining in the third period to lift the New York Rangers over the Nashville Predators 3-1 on Thursday night.
STATE GOVERNMENT
NASHVILLE (AP) — Tennessee will hold eight town hall hearings as officials review the state's K-12 education funding formula.
REGION
Heaven Hill, one of the world's largest bourbon producers, announced a tentative contract deal Friday with a union representing striking workers, just days after signaling it intended to start hiring permanent replacement employees for bottling and warehouse operations in Kentucky.
COURTS
WASHINGTON (AP) — The Supreme Court is allowing the Texas law that bans most abortions to remain in place, but has agreed to hear arguments in the case in early November.
EDUCATION
KNOXVILLE (AP) — The University of Tennessee system has increased the amount a family can earn and still have a student qualify for a UT Promise scholarship, the system announced Thursday.
AUTO INDUSTRY
DETROIT (AP) — For the first time in eight months, the global shortage of computer chips won't force General Motors to close any North American factories.
Lyft received an increasing number of reports of sexual assault in recent years, including more than 1,800 in 2019, according to a safety report from the ride-hailing company.
TOKYO (AP) — Carlos Ghosn, the former auto industry superstar whose career screeched to a halt with his arrest three years ago, isn't about to settle into quiet retirement.
TECHNOLOGY
WASHINGTON (AP) — U.S. officials are issuing new warnings about China's ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America.
ENVIRONMENT
BERLIN (AP) — Large technology companies such as SAP, IBM and Google are underreporting their greenhouse gas emissions at a time of heightened scrutiny over the role of corporations in driving climate change, a study released Friday claimed.
DENVER (AP) — NASA on Thursday launched an online platform with information on how much water evaporates into the atmosphere from plants, soils and other surfaces in the U.S. West, data it says could help water managers, farmers and state officials better manage resources in the parched region.
WASHINGTON (AP) — U.S. financial regulators on Thursday approved a series of steps toward addressing the dangers that climate change poses to the nation's financial system.
TOKYO (AP) — Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the country's pledge of reaching carbon neutrality in 2050.
VIRUS OUTBREAK
Millions more Americans just became eligible for COVID-19 boosters, but figuring out who's eligible and when can be confusing. And adding to the challenge is that this time around, people can choose a different brand of vaccine for that extra dose.
WASHINGTON (AP) — Millions more Americans can get a COVID-19 booster and choose a different company's vaccine for that next shot, federal health officials said Thursday.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Friday that the tangled supply chains and shortages that have bedeviled the U.S. economy since this summer have gotten worse and will likely keep inflation elevated well into next year.
Stocks ended up with a mixed finish on Wall Street Friday after another choppy day of trading, but major indexes still marked their third weekly gains in a row.
INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the millions of jobs that employers were desperate to fill.
WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years reflect trillions of dollars in government spending to counteract the devastating effects of a global pandemic.
NEW YORK (AP) — American Express saw its profits surge last quarter by 70%, the company said Friday, as Americans and companies pulled out their cards to start traveling, dining out and entertaining as they had done before the pandemic.
BEIJING (AP) — A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets wired $83.5 million on Friday to make an overdue payment to foreign bondholders, a government newspaper reported.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The White House said Friday that President Joe Biden would speak in the coming weeks about moving to "fundamentally alter" the filibuster or even eliminate the legislative roadblock that empowers the Senate minority as he aims to pass sweeping voting laws and secure the nation's credit.
WASHINGTON (AP) — President Joe Biden and Congress' top two Democrats labored to wrap up their giant domestic legislation Friday as the party continued scaling back the measure and determining ways to pay for it ahead of new deadlines.
WASHINGTON (AP) — After months of talks, Democrats are edging closer to an agreement on what programs and policies to include in President Joe Biden's massive plan to expand health and safety net programs and combat global warming.
WASHINGTON (AP) — The House has voted to hold Steve Bannon, a longtime ally and aide to former President Donald Trump, in contempt of Congress for defying a subpoena from the committee investigating the violent Jan. 6 Capitol insurrection.
WASHINGTON (AP) — President Joe Biden botched the numbers behind the COVID-19 vaccine rollout Thursday as he stretched to take all the credit for the surge of shots once he was in office.
THURSDAY, OCTOBER 21
VANDERBILT SPORTS
NASHVILLE (AP) — Scotty Pippen Jr. has returned to Vanderbilt and the high-scoring guard expects things to be different. He believes Vanderbilt can be an NCAA Tournament team.
NASHVILLE (AP) — The Vanderbilt Commodores are back home with the chance to show much they've learned from a missed opportunity.
NASHVILLE SC
NASHVILLE (AP) — Hany Mukhtar scored in the 77th minute, Joe Willis had five saves and Nashville SC tied the Columbus Crew 1-1 on Wednesday night.
NASHVILLE AREA
NASHVILLE (AP) — The former HCA Healthcare CEO who is currently Belmont University's board chairman and his wife have donated $10 million to the Nashville institution's new medical school.
NASHVILLE (AP) — Metro Council has approved implementing new regulations for the city's numerous entertainment vehicles that often loudly cruise down lower Broadway.
COURTS
WASHINGTON (AP) — Texas on Thursday urged the Supreme Court to leave in place its law banning most abortions and told the justices there's no reason to rush into the case.
REAL ESTATE
LOS ANGELES (AP) — Mortgage rates have hovered near all-time lows for much of this year, even as inflation has increased sharply across much of the economy.
Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines.
TRANSPORTATION
DALLAS (AP) — Airlines are planning for a big December, believing that the recent surge in a highly contagious COVID-19 variant is fading and that holiday travel will soar.
DALLAS (AP) — American Airlines and Southwest Airlines posted third-quarter profits thanks to federal pandemic aid – smaller Alaska Airlines turned the trick even without money from taxpayers – and they expect planes to be packed over the holidays.
OMAHA, Neb. (AP) — CSX delivered a 32% jump in third-quarter profit as the volume of goods it hauled increased even beyond last fall's strong level.
AUTO INDUSTRY
DETROIT (AP) — Volvo is recalling another 195,000 vehicles in the U.S. because the front driver's air bags could explode and send shrapnel into the cabin.
MEDIA
WASHINGTON (AP) — Facebook's semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules.
PARIS (AP) — Facebook said Thursday that it has struck a deal with a group of French publishers to pay for links to their news stories that are shared by people on the social network.
ENVIRONMENT
WASHINGTON (AP) — The Earth's warming and resulting natural disasters are creating a more dangerous world of desperate leaders and peoples, the Biden administration said Thursday in the federal government's starkest assessments yet of security and migration challenges facing the United States as the climate worsens.
HEALTH CARE
WASHINGTON (AP) — The Democrats' social spending and climate change bill would put the United States back on a path to reducing its persistent pool of uninsured people, with estimates ranging from 4 million to 7 million Americans gaining health coverage.
NEW YORK (AP) — A salmonella outbreak tied to onions has sickened more than 650 people in 37 states, U.S. health officials said.
VIRUS OUTBREAK
WASHINGTON (AP) — Influential government advisers are deciding Thursday how best to expand the nation's COVID-19 booster campaign, including whether and when it's OK to "mix and match" brands for the extra dose.
WASHINGTON (AP) — The U.S. on Thursday donated its 200 millionth COVID-19 shot to help vaccinate the rest of the world, the White House announced. The Biden administration aims to lead a global vaccination campaign even as it rolls out boosters for domestic use, which critics say diverts doses from those who are in greater need around the world.
WASHINGTON (AP) — Can new variants of the coronavirus keep emerging?
WASHINGTON (AP) — U.S. regulators on Wednesday signed off on extending COVID-19 boosters to Americans who got the Moderna or Johnson & Johnson vaccine and said anyone eligible for an extra dose can get a brand different from the one they received initially.
NEW DELHI (AP) — India celebrated giving its billionth COVID-19 vaccine dose on Thursday, a hopeful milestone for the South Asian country where the delta variant fueled a crushing surge earlier this year and missteps initially held back its inoculation campaign.
NATIONAL/INTERNATIONAL BUSINESS
A wave of buying in the last hour of trading left stocks mostly higher on Wall Street, enough for the S&P 500 to beat the record high close it set in early September.
NEW YORK (AP) — A bid to unionize Amazon workers at a distribution facility in New York City neared an important milestone, as organizers prepared to deliver hundreds of signatures to the National Labor Relations Board as soon as Monday for authorization to hold a vote.
WASHINGTON (AP) — The Federal Reserve is imposing a broad new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to a new low point since the pandemic erupted, evidence that layoffs are declining as companies hold onto workers.
WASHINGTON (AP) — The United States ordered a halt Thursday to imports of tomatoes from a Mexican farming company and its subsidiaries for what officials said was abusive treatment of workers that amounts to forced labor.
WeWork will become a publicly traded company Thursday after a spectacular collapse during its first attempt to do so two years ago.
BRUSSELS (AP) — European Union leaders on Thursday are seeking to safeguard energy supplies to the 27-nation bloc while speeding up the transition away from polluting fossil fuels to sustainable alternatives.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The White House and Democrats are hurriedly reworking key aspects of President Joe Biden's $2 trillion domestic policy plan, trimming which social services and climate change programs to include and rethinking new taxes on corporations and the wealthy to pay for a scaled-back package.
WASHINGTON (AP) — President Joe Biden on Thursday tied his legislative priorities on voting rights, police reform and climate change to Martin Luther King Jr.'s push for racial justice as he marked the 10th anniversary of the opening of the civil rights leader's memorial on the National Mall.
WASHINGTON (AP) — The House is voting Thursday on whether to hold Steve Bannon, a longtime ally and aide to former President Donald Trump, in contempt of Congress for defying a subpoena from the committee investigating the violent Jan. 6 Capitol insurrection.
NEW YORK (AP) — Some investors aren't waiting to see if former President Donald Trump's plans for a media company to challenge the likes of Facebook, Twitter and even Disney can actually become reality — they're all in.