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VOL. 46 | NO. 41 | Friday, October 14, 2022

The nation eyes Neyland

No. 6 Vols, No. 3 Bama face as unbeatens for first time in 33 years

For the first time in a long time, the annual rivalry game between Tennessee and Alabama has realistic national title implications for both sides.

Rising Vols football ranking lifts all UT sports

The demand for general admission tickets to watch Saturday’s Tennessee-Alabama matchup at Neyland Stadium has been off the charts. The desire to get passes for recruits is as fierce for UT coaches on campus.

ELECTION 2022

One vital amendment or One big waste of time: Amendment One all about rights – for both sides

As the November elections loom, debate around the proposed constitutional Amendment No. 1 is heating up. Proponents, which include the current governor, his predecessor, both of the state’s current U.S. senators and a coalition of statewide elected and business leaders, say this will strengthen the state’s long-standing right-to-work law by future-proofing it against court decisions or changing political winds.

Constitutional amendments on Tennessee ballot

Here are the proposed constitutional Amendments on November’s ballot, as issued by the Tennessee Secretary of State’s office.

Local Weather
Currently
Nashville, TN
52.0°F
Light Rain
Wind: South at 4.6 mph
Humidity: 89%

EVENTS

Gallatin Young Professionals Lunch. Join Gallatin Young Professionals to various local eateries each month and grow your network. This event is held at a new spot each month on the third Wednesday. Dutch-style payment. Filly’s Game & Grill, 102 N. Water Ave., Gallatin. Wednesday, 11:30 a.m.-12:30 p.m. Information

more events »

JOE ROGERS: MY TAKE

Legislators: Put a muzzle on your fake furry fury

One of my favorite sayings, variously attributed and rendered, goes like this: It’s better to remain quiet and be thought a fool than to speak and remove all doubt. I call your attention now to recent utterings by State Sen. Janice Bowling (R-Tullahoma) and State Rep. Mary Littleton (R-Dickson).

RICHARD COURTNEY: REALTY CHECK

Sales ‘slump’ stats better than record set here in 2018

Nashville-area homes sales declined 13.5% in September compared to September 2021, data from the Greater Nashville Realtors reveals.

REAL ESTATE

Top Davidson County residential sales for September 2022

Top residential real estate sales, September 2022, for Davidson County, as compiled by the Nashville Ledger.

Average long-term US mortgage rates up another quarter point

WASHINGTON (AP) — Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and are likely to climb further as the Federal Reserve has all but promised more rate increases in its battle to tamp down persistent inflation.

TENNESSEE TITANS

For better or worse, Titans a reflection of Vrabel

The Tennessee Titans don’t mind swimming upstream. In the pass-happy NFL of today, Sunday saw the Titans winning a game by scoring their first points of the second half in nearly a month and hanging on for dear life at the end with David Long’s goal-line interception.

Titans in surprisingly good shape for playoff run

The Titans have been far from perfect as they head into the bye week. But they have a golden opportunity in front of them coming out of the week off, playing Indianapolis again, just three weeks after beating them on the road.

On the sixth week, the Titans rested

The Titans are heading into the bye week at 3-2 after a rocky start and a three-game win streak. The turnaround is a credit to the players and coaches, but there still is plenty of work to be done going forward if this team is going to continue winning and make a playoff push.

NEWSMAKERS

Bradley’s Miller appointed to Young Lawyers Committee

Five Bradley Arant Boult Cummings LLP associates have been appointed to DRI Young Lawyers Committee leadership roles, including Casey L. Miller of the firm’s Nashville office.

BRIEFS

Nashville SC starts playoffs at LA Galaxy

Nashville Soccer Club begins its MLS Cup playoff push on the road against LA Galaxy, after finishing the regular season in Los Angeles with a win against Western Conference leader LAFC.

BUSINESS BOOK REVIEW

Knowing when to fold ’em can be a winning gamble

It’s over. The last page is read, the credits are rolling, your plate is clean, you’ve said your goodbyes for tonight, for this weekend, for this month, forever.

BEHIND THE WHEEL

Lucid Air might yet surpass Tesla’s Model S

The Tesla Model S has enjoyed a nearly 10-year head start on the premium electric sedan competition, but the gap is beginning to close. There’s a newcomer giving the Model S a run for its money, and it comes from a fellow startup. The 2022 Lucid Air is an all-electric luxury sedan that can compete with the Model S in some areas and surpass it in others.

PERSONAL FINANCE

How to spot a great 401(k), take advantage

Any 401(k) can help you save for retirement. A great 401(k) allows you to save a whole lot more.

CAREER CORNER

Maintaining social connections while working remotely

As I’ve shared before, I’m a fan of working from home. Although it comes with pros and cons, the benefits are often undeniable.

MILLENNIAL MONEY

Learn – don’t run – from your inner financial critic

I can be so mean to myself. My inner critic roasts my actions like a political attack ad, with claims that are cruel, overstated and often inaccurate. My ad would assert that I’m stupid with money, bad at decision-making and a crybaby to boot – all endorsed by yours truly.

NASHVILLE PREDATORS

Vilardi leads Kings to 4-3 shootout win over Predators

NASHVILLE (AP) — Gabriel Vilardi scored the shootout winner and had a goal and an assist in regulation in the Los Angeles Kings' 4-3 victory over the Nashville Predators on Tuesday night.

VANDERBILT SPORTS

Vanderbilt extends men's coach Jerry Stackhouse's contract

NASHVILLE (AP) — Vanderbilt has signed Jerry Stackhouse to an extension as he enters his fourth season as the Commodores' head coach.

TENNESSEE TITANS

Walker retires after 14 NFL seasons with Niners, Titans

NASHVILLE (AP) — Delanie Walker knew his broken ankle was bad when he didn't feel any pain while on the field in Miami.

ELECTION 2022

Early voting begins Wednesday in Tennessee general election

NASHVILLE (AP) — Early voting kicks off Wednesday in Tennessee for the November midterm general election.

COURTS

Trump claim of 'Crime of Century' fizzles in 3-year probe

WASHINGTON (AP) — Former President Donald Trump once predicted that a special prosecutor appointed during his administration would uncover "the crime of the century" — a conspiracy to sink his 2016 campaign.

Testimony: Oath Keepers ready to use 'any means necessary'

WASHINGTON (AP) — Oath Keepers extremists were prepared to use "any means necessary" on Jan. 6, 2021, to stop the certification of Democrat Joe Biden's electoral victory, a member of the group testified Tuesday.

PERSONAL FINANCE

IRS ups standard deductions, tax brackets due to inflation

WASHINGTON (AP) — Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation.

HEALTH CARE

COVID-19 linked to increase in US pregnancy-related deaths

WASHINGTON (AP) — COVID-19 drove a dramatic increase in the number of women who died from pregnancy or childbirth complications in the U.S. last year, a crisis that has disproportionately claimed Black and Hispanic women as victims, according to a report released Wednesday..

US clears Novavax COVID booster dose

WASHINGTON (AP) — U.S. regulators on Wednesday authorized a booster dose of the COVID-19 vaccine made by Novavax.

FDA panel backs removal of unproven pregnancy drug

WASHINGTON (AP) — Federal health advisers ruled Wednesday that a drug intended to prevent premature births doesn't work, clearing the way for U.S. regulators to follow through on a long-delayed effort to get it off the market.

Biden administration seeks to expand 24/7 mental health care

WASHINGTON (AP) — The government announced plans Tuesday to award millions of dollars in grants to expand all-hours mental health and substance abuse care in more communities around the country.

EDUCATION

Gates Foundation donates $1B to prioritize math education

The Bill & Melinda Gates Foundation announced Wednesday that it is making grants of more than a $1 billion as part of a sweeping national plan to improve math education over the next four years. Its goal: to help students succeed in school and land well-paying jobs when they graduate, given research that shows the connection between strong math skills and career success.

MEDIA

Netflix rebounds from recent subscriber losses with 3Q gain

SAN FRANCISCO (AP) — Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time.

NY leaders propose measures to keep violent videos offline

BUFFALO, N.Y. (AP) — Two top New York state officials on Tuesday called on lawmakers to outlaw the creation of videos of homicides, citing the viral spread across the internet of footage livestreamed by a gunman as he killed Black shoppers and workers during a racist mass shooting at a Buffalo supermarket.

ENERGY

Biden to release 15M barrels from oil reserve, more possible

WASHINGTON (AP) — President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations, and he will say more drawdowns are possible this winter, as his administration rushes to be seen as pulling out all the stops ahead of next month's midterm elections.

EXPLAINER: What is the Strategic Petroleum Reserve?

DALLAS (AP) — President Joe Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production.

TRANSPORTATION

Spirit Airlines shareholders approve $3.8B sale to JetBlue

Spirit Airlines shareholders voted Wednesday to accept a $3.8 billion buyout from JetBlue Airways, but the deal could still face a challenge from federal antitrust regulators.

AUTO INDUSTRY

Tesla 3Q profit more than doubles from a year ago to $3.29B

DETROIT (AP) — Tesla reported Wednesday that its third-quarter profit more than doubled from a year ago, fueled by higher vehicle sales.

US awards $2.8B in grants for EV batteries in Tennessee, 11 other states

WASHINGTON (AP) — The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals, officials said.

BMW investing $1.7B in S Carolina as automaker shifts to EVs

GREER, S.C. (AP) — BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric-battery plant nearby.

Germany to massively expand electric car charging network

BERLIN (AP) — Germany wants to massively expand the country's charging network for electric cars, spending 6.3 billion euros ($6.17 billion) over the next three years as it expects more and more drivers to turn away from combustion cars to more climate-friendly vehicles.

NATIONAL/INTERNATIONAL BUSINESS

Stocks lose ground as more earnings roll in; yields rise

A broad slide on Wall Street reversed two days of gains for stocks Wednesday, as Treasury yields climbed to multiyear highs, tempting traders with higher returns on relatively low-risk investments.

Buffett's conglomerate closes $11.6B Alleghany insurance buy

OMAHA, Neb. (AP) — Warren Buffett's company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate.

USDA announces $1 billion debt relief for 36,000 farmers

DES MOINES, Iowa (AP) — The federal government announced Tuesday a program that will provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure.

United Airlines reaps $942 million profit on strong summer

United Airlines earned $942 million in the third quarter as vacationers paid higher fares and packed planes over the summer, and the airline offered an upbeat forecast of late-year earnings.

NATIONAL/INTERNATIONAL POLITICS

Pence warns of 'unprincipled populists,' 'Putin apologists'

WASHINGTON (AP) — Former Vice President Mike Pence on Wednesday warned against the growing populist tide in the Republican Party as he admonished "Putin apologists" unwilling to stand up to the Russian leader over his assault on Ukraine.

EU leaders united against Russia, divided over energy summit

BRUSSELS (AP) — The European Union has shown rock-solid unity in confronting Russia over its war in Ukraine, but EU leaders lack that common purpose heading into Thursday's summit to seek joint measures to contain an energy crisis that has already dented their economy and threatens to spread hardship among the bloc's 450 million people this winter.

Many remain critical of state of US democracy: AP-NORC poll

WASHINGTON (AP) — Many Americans remain pessimistic about the state of U.S. democracy and the way elected officials are chosen -- nearly two years after a divisive presidential election spurred false claims of widespread fraud and a violent attack on the U.S. Capitol.

Biden, Mexico's López Obrador discuss immigration, summit

WASHINGTON (AP) — Presidents Joe Biden and Andrés Manuel López Obrador spoke Tuesday as a growing number of migrants from crisis-gripped Venezuela arrive at the U.S.-Mexico border.

UKRAINE

Putin declares martial law in annexed regions of Ukraine

MOSCOW (AP) — Russian President Vladimir Putin declared martial law Wednesday in the four regions of Ukraine that Moscow illegally annexed and given additional emergency powers to the heads of all regions of Russia.

McCarthy: No 'blank check' for Ukraine if GOP wins majority

WASHINGTON (AP) — House GOP leader Kevin McCarthy warned Tuesday that Republicans will not write a "blank check" for Ukraine if they win back the House majority, reflecting his party's growing skepticism about financial support for Kyiv as it battles Russia's invasion.

Russia tightens Ukraine energy squeeze; launches evacuation

KYIV, Ukraine (AP) — Russian missile strikes and shelling of energy utilities left more Ukrainian villages, towns and parts of two cities without power on Wednesday, authorities said, tightening an energy squeeze that threatens misery for millions in winter.

Russia's Iranian drones complicate Israel's balancing act

JERUSALEM (AP) — The Iranian-made drones that Russia sent slamming into central Kyiv this week have complicated Israel's balancing act between Russia and the West.


TUESDAY, OCTOBER 18
UT SPORTS

Tennessee QB Hooker leads AP midseason All-America team

Tennessee quarterback Hendon Hooker, two Big Ten running backs and Alabama pass-rusher Will Anderson Jr. highlight The Associated Press midseason All-America team presented by Regions Bank, selected by AP Top 25 voters and released Tuesday.

TENNESSEE TITANS

Titans back to work, looking to be healthier after bye week

NASHVILLE (AP) — Tennessee Titans coach Mike Vrabel hopes to get outside linebacker Bud Dupree back for Sunday's game with the Indianapolis Colts.

Titans, Nashville set final piece of deal for new stadium

NASHVILLE (AP) — The Tennessee Titans and Nashville have their eyes on hosting a Super Bowl, a Final Four, a College Football Playoff game and much more after lining up the last financing for an estimated $2.1 billion domed stadium they hope opens for the start of the 2026 season.

ELECTION 2022

Dem leads in fundraising for GOP-drawn Nashville House seat

NASHVILLE (AP) — Democrat Heidi Campbell led in fundraising and spending last quarter in an open U.S. House race in Tennessee, where Republican Andy Ogles has taken a lower-key general election approach in a Nashville congressional district that the GOP redrew in hopes of picking up a seat.

PERSONAL FINANCE

Here's how you can apply for student loan forgiveness

WASHINGTON (AP) — President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program, opening the door for millions of Americans to apply for up to $20,000 in forgiveness. The Biden administration touts it as a simple, straightforward application that should only take about five minutes. Here's how to apply.

AUTO INDUSTRY

11 more crash deaths are linked to automated-tech vehicles

DETROIT (AP) — Eleven additional people were killed in U.S. crashes involving vehicles that were using automated driving systems during a four-month period earlier this year, according to newly released government data, part of an alarming pattern of incidents linked to the technology.

Electric vehicles take center stage at pared-back Paris show

FRANKFURT, Germany (AP) — Europe is leading the push into battery-powered cars as electric vehicles enter the mainstream — even as the industry faces challenges including supply shortages, a spotty charging network and a looming recession.

Smartphone maker Foxconn unveils EV for Taiwan brand Yulon

TAIPEI, Taiwan (AP) — The company that assembles smartphones for Apple Inc. and other global brands unveiled an electric SUV on Tuesday that will be produced for a Taiwanese automaker under a similar contract model.

MEDIA

BBC marks 100 years of broadcasting history

LONDON (AP) — The British Broadcasting Corp. marked 100 years of broadcasting on Tuesday, a century after a group of wireless manufacturers founded the company and began filling the airwaves with its first daily radio service.

Meta agrees to sell Giphy, ending battle with UK regulators

LONDON (AP) — Facebook parent Meta said Tuesday that it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation.

Semafor news site makes debut, intent on reinventing news

NEW YORK (AP) — The media organization Semafor launched on Tuesday with no less an ambition than reinventing the news story.

Maryland judge strikes down nation's first digital ad tax

ANNAPOLIS, Md. (AP) — The nation's first tax on digital advertising was struck down as unconstitutional by a Maryland judge on Monday. It's a law that attorneys for Big Tech have contended unfairly targets companies like Facebook, Google and Amazon in a separate federal case against the same law.

ENERGY

Greens leaders back German nuke extension, grassroots angry

BERLIN (AP) — Senior members of Germany's environmentalist Greens party indicated Tuesday that they would accept Chancellor Olaf Scholz's decision to extend the lifetime of the country's three remaining nuclear plants for a few months.

NATIONAL/INTERNATIONAL BUSINESS

Stocks climb on Wall Street as investors focus on earnings

Stocks rose on Wall Street, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns.

Report: Theme park attendance was a roller coaster in 2021

ORLANDO, Fla. (AP) — Last year was a roller coaster ride for theme parks worldwide, with U.S. water parks approaching pre-pandemic levels and parks in China struggling with lockdowns, according to a new report.

Biden looks to increase oil supplies ahead of midterm voting

WASHINGTON (AP) — Joe Biden — a president who wants to move past fossil fuels — is rushing to increase oil supplies ahead of next month's midterm elections.

Amazon workers reject union bid in upstate New York

NEW YORK (AP) — Amazon workers in upstate New York overwhelmingly rejected a union bid on Tuesday, handing a second defeat to the labor group that's been attempting to drag the company to the negotiating table since its historic win earlier this year.

J&J sales grow, but strong dollar tugs at expectations

Johnson & Johnson topped third-quarter expectations thanks to growth in pharmaceutical sales, but the health care giant continued to tread cautiously with its outlook due to the strong dollar.

NATIONAL/INTERNATIONAL POLITICS

Biden vows abortion legislation as top priority next year

WASHINGTON (AP) — President Joe Biden promised Tuesday that the first bill he sends to Capitol Hill next year will be one that codifies Roe v. Wade — if Democrats control enough seats in Congress for Biden to sign abortion protections into law — in a speech designed to energize his party's voters just three weeks ahead of the November midterms.

These Democrats flipped House in 2018. 2022 will be harder.

WASHINGTON (AP) — Moments after she flipped a longtime Republican congressional seat in 2018, Iowa Democrat Cindy Axne declared that "Washington doesn't have our back and we deserve a heck of a lot better."

Senator's human rights objections block some US aid to Egypt

WASHINGTON (AP) — A veteran senator's objections over Egypt's human rights record, including its holding of an estimated 60,000 political prisoners, have compelled the Biden administration to trim a symbolically significant $75 million off its planned annual military aid to that country.

UKRAINE

Missiles, exploding drones again hit Ukraine's power, water

KYIV, Ukraine (AP) — Airstrikes cut power and water supplies to hundreds of thousands of Ukrainians on Tuesday, part of what the country's president called an expanding Russian campaign to drive the nation into the cold and dark and make peace talks impossible.

Winter is coming: Ukrainians dig in for brutal season ahead

KIVSHARIVKA, Ukraine (AP) — Nine-year-old Artem Panchenko helps his grandmother stoke a smoky fire in a makeshift outdoor kitchen beside their nearly abandoned apartment block. The light is falling fast and they need to eat before the setting sun plunges their home into cold and darkness.

EXPLAINER: Killer drones vie for supremacy over Ukraine

They are precise, small in size, able to effectively penetrate air defenses when fired in groups and, above all, they're cheap.


MONDAY, OCTOBER 17
TENNESSEE TITANS

Titans, Nashville set final piece of deal for $2.1 billion domed stadium

NASHVILLE (AP) — The Tennessee Titans have lined up the last financing for an estimated $2.1 billion domed stadium that will put the franchise in position to host a Super Bowl once the new building opens with a target date of the beginning of the 2026 season.

UT SPORTS

SEC fines Tennessee 100k; Vols crowdsourcing new goalposts

BIRMINGHAM, Ala. (AP) — The Southeastern Conference has fined Tennessee $100,000 for a wild, field-storming celebration after a win over Alabama.

AP Top 25: Tennessee up to No. 3, 'Bama's top-5 streak ends

Tennessee moved to No. 3 in The Associated Press college football poll behind No. 1 Georgia and No. 2 Ohio State after knocking off Alabama.

MUSIC INDUSTRY

Jerry Lee Lewis, Keith Whitley join the Country Hall of Fame

NASHVILLE (AP) — Two artists who started their careers outside of country music were inducted into the Country Music Hall of Fame as early rock pioneer Jerry Lee Lewis and bluegrass performer-turned-country star Keith Whitley joined the ranks.

NASHVILLE AREA

Dollar General faces new penalties for store safety issues

NEW YORK (AP) — Goodlettsville-based Dollar General is facing another $1.68 million in fines after government safety inspectors found violations at four of the chain's stores in Alabama, Florida and Georgia, the federal regulators announced Monday.

EAST TENNESSEE

Smoky Mountain campground reopens after 9-year shutdown

GATLINBURG (AP) — A campground at Great Smoky Mountains National Park that has been closed for nine years has been reopened, park officials said.

COURTS

Steve Bannon should get 6-month sentence, Justice Dept. says

WASHINGTON (AP) — The Justice Department declared Monday that Steve Bannon should serve six months behind bars and pay a $200,000 fine for defying a congressional subpoena from the House committee investigating the Jan. 6 insurrection at the U.S. Capitol.

Court rejects appeal to give American Samoans citizenship

WASHINGTON (AP) — The Supreme Court on Monday rejected an appeal seeking to give people born in American Samoa U.S. citizenship.

Next step for Elizabeth Holmes: Bid for a new trial

On Monday, disgraced Theranos CEO Elizabeth Holmes will play one of her last cards to avoid a prison sentence when a federal judge questions a key prosecution witness who expressed post-trial regrets about testimony that helped convince a jury to convict her for investor fraud.

PERSONAL FINANCE

Application site opens for Biden student debt cancellation

WASHINGTON (AP) — The U.S. Education Department has begun accepting applications for President Joe Biden's student debt cancellation — a plan that makes 43 million Americans eligible for at least some debt forgiveness.

HEALTH CARE

FDA pushes to remove pregnancy drug, company pushes back

WASHINGTON (AP) — The maker of the only U.S. drug intended to prevent premature births is making a last-ditch effort this week to keep its medication on the market, even as health regulators insist that it doesn't work.

ENVIRONMENT

Clean Water Act at 50: environmental gains, challenges unmet

Lifelong Cleveland resident Steve Gove recalls when the Cuyahoga River symbolized shame — fetid, lifeless, notorious for catching fire when sparks from overhead rail cars ignited the oil-slicked surface.

MEDIA

Kanye West to buy conservative social media platform Parler

The rapper formerly known as Kanye West is offering to buy right-wing friendly social network Parler shortly after being booted off Twitter and Instagram for antisemitic posts.

Digital activists challenge Uganda's harsh new internet law

KAMPALA, Uganda (AP) — Ugandan activists launched a legal challenge Monday to controversial new legislation criminalizing some internet activity in the East African country.

Germany slaps messaging app Telegram with $5 million fine

BERLIN (AP) — Germany announced Monday that it is issuing fines of 5.125 million euros ($5 million) against the operators of the messaging app Telegram for failing to comply with German law.

ENERGY

Official: China mining more coal but increasing wind, solar

BEIJING (AP) — China plans to boost coal production through 2025 to avoid a repeat of last year's power shortages, an official said Monday, adding to setbacks in efforts to cut climate-changing carbon emissions from the biggest global source.

AUTO INDUSTRY

Tax the rich for more EVs? California Democrats split

SACRAMENTO, Calif. (AP) — A California ballot measure that would tax the rich to help put more electric cars on the road may seem tailor-made to win support from Democrats in a state known for climate leadership, but Proposition 30 has one notable opponent: Gov. Gavin Newsom. That's put the Democratic governor on the opposite side of his own party and against his traditional environmental allies.

BANKING

BofA profits fall as bank sets aside money for downturn

NEW YORK (AP) — Bank of America's profits fell by 8% in the third quarter as the bank set aside cash to cover potential loan losses. It's the latest bank to start socking away money for a potential recession, as Wall Street's biggest banks have become increasingly gloomy on the U.S. economy going into the winter.

Credit Suisse pays $495M tied to mortgage-backed securities

Credit Suisse has agreed to pay $495 million as part of a settlement with the U.S. over a yearslong dispute tied to mortgage-backed securities, an investment vehicle that played a central role in the 2008 financial crisis.

NATIONAL/INTERNATIONAL BUSINESS

Stocks rally on Wall Street in latest volatile move

Wall Street kicked off a busy week of corporate earnings with a broad rally Monday, the latest about-face for a market that has been unsteadily lurching between gains and losses in recent weeks.

Amazon faces off with union in fight for a second warehouse

NEW YORK (AP) — The startup union that clinched a historic labor victory at Amazon earlier this year is slated to face the company yet again, aiming to rack up more wins that could force the reluctant retail behemoth to the negotiating table.

NATIONAL/INTERNATIONAL POLITICS

U.S. hits al-Shabab finance facilitators with sanctions

WASHINGTON (AP) — The Treasury Department said Monday that it has sanctioned a group of high-ranking members of the Somalia-based al-Shabab militant group, who act as key middle men between the group and local companies in Somalia.

Most say voting vital despite dour US outlook: AP-NORC poll

WASHINGTON (AP) — From his home in Collegeville, Pennsylvania, Graeme Dean says there's plenty that's disheartening about the state of the country and politics these days. At the center of one of this year's most competitive U.S. Senate races, he's on the receiving end of a constant barrage of vitriolic advertising that makes it easy to focus on what's going wrong.

For Biden and Trump, 2022 is 2020 sequel — and 2024 preview?

WASHINGTON (AP) — This year's midterm elections are playing out as a strange continuation of the last presidential race — and a potential preview of the next one.

Biden turning to Trump-era rule to expel Venezuelan migrants

WASHINGTON (AP) — Two years ago, candidate Joe Biden loudly denounced President Donald Trump for immigration policies that inflicted "cruelty and exclusion at every turn," including toward those fleeing the "brutal" government of socialist Nicolas Maduro in Venezuela.

UK Treasury chief in position of power as PM Truss struggles

LONDON (AP) — As British Prime Minister Liz Truss struggles to retain her authority, one man is seen to be in the real position of power to restore order and credibility to the Conservative government and limit the damage caused by Truss' economic plans.

UKRAINE

Waves of suicide drones strike Ukraine's capital, 3 killed

KYIV, Ukraine (AP) — Waves of explosive-laden suicide drones struck Ukraine's capital Monday, setting buildings ablaze and tearing a hole in one while sending people scurrying for shelter or attempting to shoot down the kamikazes.

EU approves Ukraine training mission, arms funds

BRUSSELS (AP) — The European Union on Monday approved a military training mission in Europe for thousands of Ukrainian troops and a plan to provide around 500 million euros ($486 million) in extra funds to help buy weapons for the war-torn country.

Ukrainians' resilience persists despite new Russian barrage

KYIV, Ukraine (AP) — When massive, coordinated Russian bombardments shook cities and towns across Ukraine a week ago to trigger a new phase in the Kremlin's war, one strike left a huge crater in a popular Kyiv children's playground and ripped open a central intersection.

NATO begins nuclear exercises amid Russia war tensions

BRUSSELS (AP) — NATO on Monday began its long-planned annual nuclear exercises in northwestern Europe as tensions simmer over the war in Ukraine and President Vladimir Putin's threat to use any means to defend Russian territory.


MONDAY, OCTOBER 10
MUSIC INDUSTRY

Carnegie Medal of Philanthropy celebrates 20th anniversary

NEW YORK (AP) — Dolly Parton was jokingly uncharitable after the crowd at the Carnegie Medal of Philanthropy ceremony tried singing along with her during her acceptance speech at Gotham Hall.

NASHVILLE PREDATORS

Marchment scores 2, Stars beat Predators 4-1

NASHVILLE (AP) — Mason Marchment scored twice, Jake Oettinger made 30 saves and the Dallas Stars beat the Nashville Predators 4-1 on Thursday night.

ELECTION 2022

As election nears, Tennessee Gov. Lee won't debate Martin

NASHVILLE (AP) — Less than a month before Election Day, Tennessee Gov. Bill Lee has no plans to participate in a debate against Democratic opponent Dr. Jason Martin.

STATE GOVERNMENT

Judges: Tennessee public housing leases can't ban guns

NASHVILLE (AP) — Public housing agencies in Tennessee can no longer include provisions in their leases that bar tenants from having guns in their homes, a state appeals panel has ruled.

Tennessee secretary of state takes plea deal in DUI case

NASHVILLE (AP) — Tennessee Secretary of State Tre Hargett has taken a plea deal after he was charged with driving under the influence after leaving a bar in June.

PERSONAL FINANCE

IRS wants millions to claim child tax credit, stimulus funds

WASHINGTON (AP) — More than 9 million people and families who did not receive their advance child tax credit checks, stimulus payments and other tax rebates will soon get a letter from the IRS to claim their money.

ENERGY

'No waiting': Turkey, Russia to act on Putin's gas hub offer

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan said Friday that Turkey and Russia have instructed their respective energy authorities to immediately begin technical work on a Russian proposal that would turn Turkey into a gas hub for Europe.

HEALTH CARE

UnitedHealth ups expectations for the year after strong Q3

UnitedHealth trumped third-quarter expectations and hiked its 2022 forecast again as one of the largest U.S. health insurance providers moved deeper into delivering care.

Fighting food poisoning: Sweeping poultry changes proposed

DES MOINES, Iowa (AP) — The U.S. Department of Agriculture on Friday proposed sweeping changes in the way chicken and turkey meat is processed that are intended to reduce illnesses from food contamination but could require meat companies to make extensive changes to their operations.

BANKING

Bank CEOs increasingly turning pessimistic on economy

NEW YORK (AP) — The outlook for the U.S. economy from Wall Street's biggest banks is getting gloomier, with many top executives saying they're preparing for a potential downturn or a recession.

Regulators approve U.S. Bank's $8B purchase of Union Bank

NEW YORK (AP) — Key financial regulators on Friday approved U.S. Bank's $8 billion acquisition of Japanese financial titan MUFG's Union Bank franchise, clearing big regulatory hurdles for a deal that will push U.S. Bank closer to the size of Wall Street's mega banks.

Wells Fargo 3Q revenue boosted by higher interest rates

WASHINGTON (AP) — Wells Fargo easily beat Wall Street's third-quarter revenue forecasts as higher interest rates helped offset a steep decline in home lending.

JPMorgan profits fall; bank stores cash for coming downturn

NEW YORK (AP) — JPMorgan Chase & Co.'s third quarter profit fell by 17% from a year earlier, as the bank set aside roughly a billion dollars to cover potential losses in an economic recession that CEO Jamie Dimon has said could come in six to nine months.

Banking breakup between Ye, JPMorgan planned for weeks

NEW YORK (AP) — JPMorgan Chase and the rapper formerly known as Kanye West are ending their business relationship, but the breakup is not a result of the controversy over the hip-hop star's recent antisemitic comments.

NATIONAL/INTERNATIONAL BUSINESS

Stocks fall broadly on Wall Street as inflation worries grow

Stocks ended broadly lower on Wall Street, leaving most major indexes in the red for the week, as more concerns emerged about inflation.

Retail sales flat in September as inflation takes a bite

NEW YORK (AP) — The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things.

Fed's Bostic acknowledges trades broke rules, fixes records

WASHINGTON (AP) — Atlanta Federal Reserve Bank President Raphael Bostic said Friday that many of his financial trades and investments in the past five years inadvertently violated the central bank's ethics rules, and he has revised all his financial disclosures since becoming president in 2017.

As the causes of US inflation grow, so do the dangers

WASHINGTON (AP) — What keeps driving inflation so high? The answer, it seems, is nearly everything.

Kroger seeks to create grocery giant in $20B Albertsons bid

Two of the nation's largest grocers have agreed to merge in a deal they say would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business.

Meta hits back in fight with FTC over VR company acquisition

WASHINGTON (AP) — Federal regulators and Facebook parent Meta are battling over Meta's proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural.

NATIONAL/INTERNATIONAL POLITICS

Biden nominates 7 for US attorney, judge and marshal slots

WASHINGTON (AP) — The Biden administration is putting forth seven new Justice Department and judicial nominations covering three U.S. attorney's offices in Texas and other senior posts. One is a prosecutor who vowed to seek the death penalty for a man who killed nearly two dozen people in a racist attack at a Walmart.

Trump's subpoena and what's next for the Jan. 6 panel

WASHINGTON (AP) — In an extraordinary step, the House Jan. 6 committee has voted unanimously to subpoena former President Donald Trump — a final effort to get the full story of the Capitol insurrection as the panel wraps up its work by the end of the year.

Jan. 6 panel subpoenas Trump, shows startling new video

WASHINGTON (AP) — The House Jan. 6 committee voted unanimously to subpoena former President Donald Trump, demanding his personal testimony as it unveiled startling new video and described his multi-part plan to overturn his 2020 election loss, which led to his supporters' fierce assault on the U.S. Capitol.

New Jan. 6 footage shows Pelosi, leaders as crisis unfolded

WASHINGTON (AP) — As rioters stormed through the U.S. Capitol on Jan. 6, 2021, House Speaker Nancy Pelosi was sheltering in a secure location and trying to do what her job demands: take charge of a situation.

Jan. 6 takeaways: Subpoena for Trump, warnings for democracy

WASHINGTON (AP) — The House Jan. 6 committee took the extraordinary action of subpoenaing former President Donald Trump on Thursday as it issued a stark warning in its final public hearing before the midterm election: The future of the nation's democracy is at stake.

Biden pushing lower prescription drug costs in midterm press

LOS ANGELES (AP) — President Joe Biden is set to highlight his administration's efforts to lower prescription drug costs on Friday as part of his three-state Western tour this week, as he confronts a sobering inflation report in the waning weeks before midterm elections.

UKRAINE

Officials: Musk seeks US funds for Ukraine satellite network

WASHINGTON (AP) — The Defense Department has gotten a request from SpaceX and Tesla founder Elon Musk to take over funding for his satellite network that has provided crucial battlefield communications for Ukrainian military forces during the war with Russia, U.S. officials said Friday.


THURSDAY, OCTOBER 13
VANDERBILT SPORTS

Georgia back atop rankings with Vandy coming to town

ATHENS, Ga. (AP) — The Georgia Bulldogs are back atop the rankings, even though their style points are a bit lacking.

NASHVILLE AREA

Jill Biden urges COVID-19 boosters during Nashville visit

NASHVILLE (AP) — First lady Jill Biden travelled to Tennessee's capitol city Wednesday to encourage Americans once more to roll up their sleeves and get their COVID-19 booster shot ahead of the upcoming holiday season.

STATE GOVERNMENT

Co-defendant in Tennessee senator's case plans guilty plea

NASHVILLE (AP) — A Nashville social club's owner has reached a deal to plead guilty to a campaign finance scheme alleged against him and a Tennessee state senator who has criticized the charges as a "political witch hunt."

COURTS

High court rejects Trump plea to step into Mar-a-Lago case

WASHINGTON (AP) — The Supreme Court on Thursday rejected former President Donald Trump's plea to step into the legal fight over the FBI search of his Florida estate.

NY attorney general asks for court oversight of Trump Org.

NEW YORK (AP) — New York's attorney general has asked a judge to bar Donald Trump's company from selling or transferring assets without court approval, saying it had engaged in a devious attempt to duck potential penalties in her fraud lawsuit against the former president.

Parkland school shooter to get life sentence for killing 17

FORT LAUDERDALE, Fla. (AP) — Florida school shooter Nikolas Cruz will be sentenced to life without parole for the 2018 murder of 17 people at Parkland's Marjory Stoneman Douglas High School, after the jury said Thursday that it could not unanimously agree that he should be executed — a decision that left some parents in tears as they exited the courtroom.

Oath Keepers jury hears about massive weapon cache on Jan. 6

WASHINGTON (AP) — A member of the Oath Keepers who traveled to Washington before the Jan. 6 attack on the U.S. Capitol testified Wednesday about a massive cache of weapons the far-right extremist group stashed in a Virginia hotel room.

Andy Warhol, Prince at center stage in Supreme Court case

WASHINGTON (AP) — Andy Warhol and Prince held center stage in a copyright case before the Supreme Court on Wednesday that veered from Cheerios and "Mona Lisa" analogies to Justice Clarence Thomas' enthusiasm for the "Purple Rain" showman.

Judge approves plan to reduce Puerto Rico agency's debt

SAN JUAN, Puerto Rico (AP) — A federal judge on Wednesday approved a plan to restructure some $6 billion of debt held by Puerto Rico's Highways and Transportation Authority as the U.S. territory emerges from bankruptcy.

HEALTH CARE

Biden administration extends COVID public health emergency

WASHINGTON (AP) — The Biden administration said Thursday that the COVID-19 public health emergency will continue through Jan. 11 as officials brace for a spike in cases this winter.

MEDIA

Netflix sets $7 monthly price for its ad-supported service

SAN RAMON, Calif. (AP) — Netflix next month will unveil the first version of its video streaming service with ads, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions.

AUTO INDUSTRY

Japan's Sony, Honda jointly making EVs for 2026 US delivery

TOKYO (AP) — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Thursday.

PERSONAL FINANCE

Social Security benefits to jump by 8.7% next year

WASHINGTON (AP) — Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part by the rising cost of everyday living.

How Social Security works and what to know about its future

NEW YORK (AP) — Tens of millions of older Americans will see a major increase in benefits this January when a new cost-of-living adjustment (or COLA) is added to Social Security payments.

ENVIRONMENT

International climate change bodies win humanity award

LISBON, Portugal (AP) — A prize worth 1 million euros ($970,000) is being awarded to two intergovernmental bodies for their work on climate change.

ENERGY

Saudis say US sought 1 month delay of OPEC+ production cuts

DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay could have helped reduce the risk of a spike in gas prices ahead of the U.S. midterm elections next month.

France starts exporting gas to Germany amid energy crisis

PARIS (AP) — France has for the first time started conveying natural gas to Germany, French gas network operator GRTgaz said Thursday, as Berlin strives to diversify its energy supply following the interruption of Russian gas deliveries.

NATIONAL/INTERNATIONAL BUSINESS

Stocks mount biggest comeback in years; S&P 500 jumps 2.6%

NEW YORK (AP) — Wall Street staged its biggest comeback in years as stocks roared back from steep morning losses caused by a worse-than-expected report on inflation.

Amazon's holiday sales event sees lower sales, group says

NEW YORK (AP) — Amazon said Thursday its Prime members ordered more than 100 million items during a sales event this week that analysts are expecting to be a bellwether for the holiday shopping season.

IMF chief urges aggressive fight against soaring inflation

WASHINGTON (AP) — Warning that inflation threatens to become "a runaway train,'' the managing director of the International Monetary Fund urged policymakers to keep up the fight against rising prices even it means more pain at a time of extraordinary economic turmoil.

Worsening inflation will pressure Fed to keep raising rates

WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively.

U.S. applications for jobless aid rise last week

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even as the U.S. economy slows in the midst of decades-high inflation.

IKEA calls 2022 an 'exceptional year' despite challenges

STOCKHOLM (AP) — Swedish home furnishings giant IKEA said Thursday that despite "unprecedented challenges" caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering fallout from the COVID-19 pandemic, 2022 had been an "exceptional year."

Walgreens beats fiscal 4Q forecasts, absorbs UK business hit

Walgreens Boots Alliance topped earnings forecasts in the final quarter of fiscal 2022, and the drugstore chain's early look at 2023 also fell mostly above expectations.

White House aims to speed-up pace of building infrastructure

WASHINGTON (AP) — The White House hosted a summit Thursday to help speed up construction projects tied to the roughly $1 trillion infrastructure law as the Biden administration tries to improve coordination with the mayors and governors who directly account for 90% of the spending.

Delta posts $695 million Q3 profit, expects big holiday rush

Delta Air Lines reported a $695 million third-quarter profit as higher average fares this summer and a lucrative credit-card business more than offset higher fuel prices.

UK leader Truss under pressure to ditch economic plan

LONDON (AP) — A senior member of the U.K. government on Thursday rejected suggestions that Prime Minister Liz Truss should step down after lawmakers from her own party criticized Truss for economic policies that have sparked turmoil on financial markets.

NATIONAL/INTERNATIONAL POLITICS

Jan. 6 panel subpoenas Trump for testimony on Capitol attack

WASHINGTON (AP) — The House Jan. 6 committee has subpoenaed Donald Trump for his testimony about the 2021 Capitol attack.

George W. Bush to be honored in Washington on World AIDS Day

WASHINGTON (AP) — Former President George W. Bush and his wife, Laura, are returning to Washington next month to be recognized for their work on combatting HIV/AIDS worldwide.

Treasury probing Florida Gov. DeSantis' migrant flights

WASHINGTON (AP) — The Treasury Department's internal watchdog is investigating whether Florida Gov. Ron DeSantis improperly used federal pandemic aid to fly migrants to Martha's Vineyard as part of his effort to "transport illegal immigrants to sanctuary destinations."

UKRAINE

Ukraine's Kyiv area hit by Iranian-made kamikaze drones

KYIV, Ukraine (AP) — Russia's forces used Iranian-made kamikaze drones to attack Ukraine's capital and Odesa regions Thursday and slammed other areas with missiles as Moscow punished the country for a fourth day for a truck bomb attack on a landmark Russian bridge.

NATO holds nuclear talks amid war tensions, Putin threats

BRUSSELS (AP) — NATO's secretive Nuclear Planning Group met Thursday as the military alliance presses ahead with plans to hold a nuclear exercise next week as concerns deepen over President Vladimir Putin's insistence that he will use any means necessary to defend Russian territory.

EXPLAINER: US weapons systems Ukraine will or won't get

WASHINGTON (AP) — Ukrainian leaders are pressing the U.S. and Western allies for air defense systems and longer-range weapons to keep up the momentum in their counteroffensive against Russia and fight back against Moscow's intensified attacks.

How Moscow grabs Ukrainian kids and makes them Russians

Olga Lopatkina paced around her basement like a trapped animal. She hadn't heard from her six adopted children stranded in Mariupol for over a week, and she didn't know what to do.

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