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VOL. 43 | NO. 30 | Friday, July 26, 2019

A Tennessean’s dream of walking on the moon

It’s a longshot for Mt. Juliet astronaut, but ...

A Tennessean on the moon? It could happen. In his July 20 remarks to celebrate the 50th anniversary of man first landing on the moon in 1969, Vice President Mike Pence said the U.S. is planning a return trip to the moon “within the next five years, and the next man and the first woman on the moon will be American astronauts. We’re going back.”

A ‘good daddy’ fueled Seddon’s reach for the stars

Rhea Seddon was 21 when man first landed on the moon on July 20, 1969, and she, like so many of us, dreamed that day of being an astronaut.

Remembering the day man walked on the moon

Buzz Aldrin, the second man on the moon, described his walk of the lunar surface on July 20, 1969, as “magnificent desolation.”

JOE ROGERS: MY TAKE

What’s the secret to negotiating Nashville traffic?

It was a stupid, rookie mistake. I was downtown and decided to go somewhere. In a vehicle. At, roughly, 4:45 p.m.

Local Weather
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EVENTS

First Friday: Your Small Business Resource: Topic: Leverage Partnerships to Grow your Business. First Friday offers individuals the opportunity to expand their knowledge on best business practices from some of the most successful business leaders in the county. E|Spaces, 1550 W. McEwen Drive, Suite 300. 7:30-9 a.m. Free. Information

more events »

TENNESSEE TITANS

Titans face years of rebuilding if Mariota falters

Even before training camp starts this week, the question of whether Marcus Mariota is the Tennessee Titans’ long-term answer at quarterback has been examined ad nauseam on talk radio, internet blogs and social media.

What to watch as Titans open preseason practice

Last year: Coach Mike Vrabel just missed the playoffs in his debut season despite having enough issues to distract any veteran head coach. The Titans opened with the longest game (in overall time) in NFL history, losing top pass catcher TE Delanie Walker to season-ending injury in the process. Their most-experienced receiver, Rishard Matthews, was released at his demand, and DC Dean Pees was in hospital for the loss in Indianapolis. QB Marcus Mariota also missed three starts, including the season finale with a playoff berth on line.

Titans tackle plans to appeal, resigned to missing 4 games

NASHVILLE (AP) — Tennessee left tackle Taylor Lewan plans to appeal his four-game suspension for violating the policy against performance-enhancing drugs, even knowing he'll most likely lose.

TIM GHIANNI: STREET LEVEL

Tia Rose finds her dream at Twin Kegs: ‘Dive bar with great food’

Dark brown eyes and hair showcasing her Italian heritage, the namesake of Rosie’s International Famous Twin Kegs scans her business, where she promises Woodbine’s (and she hopes Nashville’s) best burger-and-beer selection.

RICHARD COURTNEY: REALTY CHECK

As sales fluctuate, demand for $1M-plus homes grows

There were 4,172 homes sold in June, eclipsing the 4,036 in June 2018, Greater Nashville Realtors sales data shows.

NEWSMAKERS

Veteran attorney West moves to Miller & Martin

Attorney Dudley West, formerly with White & Reasor, has joined Miller & Martin’s Nashville office.

BRIEFS

First VU tower will be imploded Saturday

One of Vanderbilt’s iconic brick towers on West End is being imploded Saturday morning at 9 a.m.

BEHIND THE WHEEL

Should you buy used luxury or fully loaded new car?

The luxury vehicle of your dreams might now be something you can afford, thanks to a record number of lease returns hitting the used-car market.

PERSONAL FINANCE

Your wealth could be disappearing one drop at a time

As a spokesperson for the insurance industry, Loretta Worters, often gives tips to homeowners on preventing water damage. Some of her knowledge comes from personal experience.

MILLENNIAL MONEY

Why you need a midyear budget checkup

A typical July includes vacations, travel, shopping, weddings and beaches. Budgets? Not really.

CAREER CORNER

The odds of getting hired are getting longer

Since the launch of the internet, job searching has becoming increasingly transactional. Job seekers are able to apply to jobs in bulk. In fact, they must apply in bulk if they want to increase their chances of getting hired.


WEDNESDAY, JULY 31
STATE GOVERNMENT

Tennessee state pension fund invested in marijuana industry

NASHVILLE](AP) — Tennessee officials say they weren't aware that the state's pension fund invested stock in a marijuana industry company, despite the state's opposition to legalizing any usage of marijuana.

AUTO INDUSTRY

GM earnings rise 1% as pickup pricing overcomes weaker sales

DETROIT (AP) — General Motors on Thursday reported an increase of 1% in its second quarter profit as strong sales of higher-priced pickups and SUVs overcame falling global sales.

REGION

Atlanta to add context about racism to historic monuments

ATLANTA (AP) — Atlanta will soon add lessons about the South's racist history on markers placed next to four historic monuments.

HEALTH CARE

Health insurers experience July heatwave

Health insurer stocks heated up in July.

NATIONAL/INTERNATIONAL BUSINESS

Survey: US manufacturing growth slows again in July

WASHINGTON (AP) — U.S. factory activity expanded at a slower rate in July, as measures of production and employment fell.

Powell Fed raises as many questions as answers with rate cut

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness.

NATIONAL/INTERNATIONAL POLITICS

Budget, debt deal teed up for Senate passage, Trump signing

WASHINGTON (AP) — President Donald Trump and his Senate GOP allies are relying on lots of Democratic votes to propel a hard-won budget and debt deal to the finish line.

AP FACT CHECK: Dems gloss over econ, migrant complexities

WASHINGTON (AP) — Some of the Democratic presidential contenders dug in their heels with unsupported rhetoric about immigration, the economy and more Wednesday night as they scrambled to stay in contention for the winnowed-down debates to come.


TUESDAY, JULY 30
NATIONAL/INTERNATIONAL POLITICS

Almost half House Democrats now support impeachment inquiry

WASHINGTON (AP) — Nearly half the House Democrats now support an impeachment inquiry of President Donald Trump.

Republicans face tough vote on budget bill Trump supports

WASHINGTON (AP) — A hard-won, warts-and-all budget pact between House Speaker Nancy Pelosi and President Donald Trump is facing a key vote in the GOP-held Senate, with many conservatives torn between supporting the president and risking their political brand with an unpopular vote to add $2 trillion or more to the government's credit card.

NATIONAL/INTERNATIONAL BUSINESS

Stocks sink as Powell dents hopes for multiple rate cuts

Stocks fell and bond yields rose on Wall Street Wednesday after the Federal Reserve lowered its key interest rate for the first time in a decade but left investors feeling uncertain about the likelihood of further cuts.

Fed cuts key rate in its first reduction in more than decade

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook.

US to set up plan allowing prescription drugs from Canada

WASHINGTON (AP) — The Trump administration said Wednesday it will set up a system to allow Americans to legally import lower-cost prescription drugs from Canada, weakening a longstanding ban that had stood as a top priority for the politically powerful pharmaceutical industry.

US worker annual compensation slows slightly through June

WASHINGTON (AP) — The annual wages and benefits for U.S. workers rose in the second quarter at a slightly slower pace than the first, suggesting that the lowest unemployment levels in a half century have not triggering rapid gains in worker compensation.

US, China end new round of trade talks; no word on progress

SHANGHAI (AP) — U.S. and Chinese envoys met Wednesday for talks aimed at ending a tariff war after President Donald Trump rattled financial markets by accusing Beijing of trying to stall in hopes he will fail to win re-election in 2020.


MONDAY, JULY 29
REGION

Demolition looming for building with country music legacy

ATLANTA (AP) — Thousands of petitioners are hoping to stop the demolition of a downtown Atlanta building where the first country hit song is believed to have been recorded.

STATEWIDE

Tennessee offering federal wildfire prevention grants

NASHVILLE (AP) — Tennessee is providing access to federal grant programs to help communities and volunteer fire departments become better equipped for wildfires.

REAL ESTATE

More Americans sign contracts to buy homes in June

WASHINGTON (AP) — More Americans signed contracts to purchase homes in June, marking the second straight month of growth.

NATIONAL/INTERNATIONAL BUSINESS

Stocks slip on Wall Street over earnings, trade concerns

U.S. stocks were on track for modest losses Tuesday afternoon as a mixed batch of corporate earnings weighed on the market, nudging it farther from its recent record highs for the second straight day.

US consumer confidence rebounds sharply in July

WASHINGTON (AP) — American consumer confidence rebounded this month to the highest level since November after drooping in June.

Capital One target of massive data breach

SEATTLE (AP) — A security breach at Capital One Financial, one of the nation's largest issuers of credit cards, compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers.

Q&A: What to know about the Capital One data breach

NEW YORK (AP) — One of the country's biggest credit card issuers, Capital One Financial, is the latest big business to be hit by a data breach, disclosing that roughly 100 million people had some personal information stolen by a hacker.

Consumer spending up 0.3% in June while incomes rise 0.4%

WASHINGTON (AP) — Consumer spending rose a healthy 0.3% in June, slightly below the strong gains of the past three months, while incomes turned in a solid 0.4% gain for the fourth straight month.

Trade worries as Trump tweets weigh down markets again

LONDON (AP) — European stock markets were down sharply Tuesday after U.S. President Donald Trump published a series of tweets that cast doubt on any hopes of an imminent easing in trade tensions between the U.S. and China. Apple earnings later could help change the sentiment.

NATIONAL/INTERNATIONAL POLITICS

Trump channels George Wallace with racial appeals

WASHINGTON (AP) — If President Donald Trump putting race at the forefront of his re-election campaign rings familiar, that's because another White House hopeful did the same half a century ago — and saw the strategy resonate with many Americans.

Opponent of nation's public lands is picked to oversee them

WASHINGTON (AP) — A conservative lawyer and writer who argues for selling off the nation's public lands is now in charge of a nearly quarter-billion acres in federally held rangeland and other wilderness.


FRIDAY, JULY 26

REAL ESTATE

Weaker home sales expected to be drag on remodeling market

NEW YORK (AP) — Weaker home sales trends are expected to contribute to a sharp slowing in the home remodeling market.

COURTS

Embattled Tennessee DA faces calls for license suspension

NASHVILLE (AP) — A prosecutor who has come under fire for making anti-gay and anti-Islam remarks now faces calls to have his law license immediately suspended.

PERSONAL FINANCE

Financial therapy: What it is and who needs it?

Money is about more than numbers: emotions are often at play too. Just as you can seek professional help for unhealthy issues in life, financial therapists can help you deal with problems related to money.

STATEWIDE

Tennessee to halt grain producer fee after fund hits $10M

NASHVILLE (AP) — Tennessee officials are halting a 30-year-old fee on grain producers because a fund has hit its $10 million minimum balance.

NATIONAL/INTERNATIONAL BUSINESS

Treasury projects $433 billion borrowing need this quarter

WASHINGTON (AP) — The Treasury Department said Monday it expects to borrow $433 billion in the current July-September quarter. That would be the largest quarterly borrowing total since early 2018, as the government replenishes its cash reserves following the expected resolution over raising the debt limit.

US business economists see slower growth and profits ahead

WASHINGTON (AP) — U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline.

French wine vs US tech prowess: new Trump-Macron standoff

PARIS (AP) — France is pushing ahead with a landmark tax on tech companies like Google and Facebook despite U.S. President Donald Trump's threats of retaliatory tariffs on French wine.

US, China revive trade talks with low hopes for progress

BEIJING (AP) — Two months after U.S.-Chinese talks aimed at ending a tariff war broke down, both sides are trying to temper hopes for a breakthrough when negotiations resume Tuesday on an array of disputes that has grown to include tension over China's tech giant Huawei.

TECHNOLOGY

Trump vows to retaliate against French digital tax

WASHINGTON (AP) — President Donald Trump is promising to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook.

Girls report more harassment amid rise in US cyberbullying

SEATTLE (AP) — Rachel Whalen remembers feeling gutted in high school when a former friend would mock her online postings, threaten to unfollow or unfriend her on social media and post inside jokes about her to others online.

COURTS

Lawsuit: Tennessee city violated police dept's civil rights

RIDGETOP, Tenn. (AP) — A Tennessee city is accused of violating the civil rights of its police department when it abruptly disbanded the agency last month.

Tennessee inmate declines to choose execution method

NASHVILLE (AP) — A Tennessee death row inmate has declined to choose the method of his execution scheduled for mid-August. Making no choice would result in death by lethal injection.

STATEWIDE

Steinem among winners of National Civil Rights Museum award

MEMPHIS (AP) — The National Civil Rights Museum says this year's Freedom Award recipients are musician John Legend, feminist writer Gloria Steinem and human rights activist Hafsat Nabiola.

NATIONAL/INTERNATIONAL BUSINESS

US stocks return to records following strong earnings

NEW YORK (AP) — U.S. stocks pushed to record heights Friday following strong profit reports from Google's parent company, Twitter and other big corporations.

US presses WTO to stop lenient trade treatment of China

WASHINGTON (AP) — President Donald Trump is pressuring the World Trade Organization to stop letting China and other economies receive lenient treatment under global trade rules by calling themselves "developing" countries.

Trump refuses to shield Apple's Mac Pros from China tariffs

SAN FRANCISCO (AP) — President Donald Trump is vowing to slap tariffs on Apple's Mac Pros if the company shifts production of the computer from Texas to China.

McDonald's sales growth impresses in 2Q

NEW YORK (AP) — McDonald's newly modernized stores and growth in delivery helped the world's largest hamburger chain serve up the biggest increase in global sales at established locations during the second quarter in seven years.

Justice Department OKs T-Mobile's $26.5B Sprint deal

WASHINGTON (AP) — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a settlement that would create three giant U.S. cellphone companies.

Missing Trump's 3% goal, US economy grew more slowly in 2018

WASHINGTON (AP) — The government says the U.S. economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy.

SoftBank sets up $108B investment fund, with no Saudi money

TOKYO (AP) — Japanese internet company SoftBank Group Corp. has set up a new fund for investing in technologies such as artificial intelligence.

Twitter reports strong jump in user numbers

SAN FRANCISCO (AP) — Twitter is reporting surprisingly strong user numbers and revenue even as it eliminates robotic and fake accounts on its platform.

Gold deal expires as sales by European central bank dwindle

FRANKFURT, Germany (AP) — The European Central Bank says it and 21 national central banks in Europe are letting a formal agreement regulating gold sales expire, saying the deal that once sought to stabilize the market for the precious metal is no longer needed.

NATIONAL/INTERNATIONAL POLITICS

Trump says Guatemala signing deal to restrict asylum cases

WASHINGTON (AP) — President Donald Trump announced Friday that Guatemala is signing an agreement to restrict asylum applications to the U.S. from Central America.

Warren warns of economic trouble ahead. Is she right?

WASHINGTON (AP) — Elizabeth Warren became a household name thanks to her prescient warning of what became a global financial crisis. Now she's staking her credentials on another forecast of fiscal trauma ahead.

Pelosi: Not 'running out the clock' on impeachment

WASHINGTON (AP) — House Speaker Nancy Pelosi says she's not "running out the clock" on impeachment as lawmakers start a six-week summer recess without having delivered on a top liberal priority.

2020 tests if Democrats can rely on multiracial coalition

DETROIT (AP) — When Barack Obama was on the ballot in 2008 and 2012, there was no question that Terrance Holmes would vote for the first black president. But as he helped fix cars this week at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign.

Pelosi downplays differences with Ocasio-Cortez after talk

WASHINGTON (AP) — House Speaker Nancy Pelosi is downplaying any differences with high-profile progressive lawmaker Alexandria Ocasio-Cortez. Pelosi says she had a "nice meeting" Friday with the social media dynamo who's made some tart observations about the Democratic leadership team.

Nadler: House panel to sue for Mueller grand jury material

WASHINGTON (AP) — The House Judiciary Committee is expected to file a lawsuit Friday seeking secret grand jury material underlying former special counsel Robert Mueller's report.

COURTS

Embattled Tennessee DA says activist's email not doctored

NASHVILLE (AP) — A prosecutor scrutinized for anti-Islam and anti-gay remarks says outgoing Tennessee House Speaker Glen Casada's office didn't doctor a black activist's email to frame him for a bond violation.

Justice Dept. will execute inmates for first time since 2003

WASHINGTON (AP) — The Justice Department said Thursday that it will carry out executions of federal death row inmates for the first time since 2003.

AUTO INDUSTRY

Nissan to slash 12,500 jobs to cut costs, achieve turnaround

TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday.

Volkswagen increases profits, sales in shrinking markets

FRANKFURT, Germany (AP) — Volkswagen said Thursday that its after-tax profit rose 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles such as SUVs and pricey Porsche luxury cars took a bigger role in the sales mix.

California signs deal with 4 automakers to raise gas mileage

DETROIT (AP) — Four major automakers have reached a deal with California to increase gas mileage and greenhouse gas emissions standards, bypassing the Trump administration's plan to freeze standards at 2021 levels.

TRANSPORTATION

American expects grounded jet to cut profit by $400M

FORT WORTH, Texas (AP) — American Airlines said Thursday that the long grounding of Boeing 737 Max jets will cut its pretax earnings for 2019 by about $400 million, including $175 million in the second quarter.

Profit flat as Southwest takes $175M hit from Max jet

DALLAS (AP) — Southwest Airlines doesn't expect to use Boeing 737 Max jets until January, and it is talking to Boeing about compensation for the grounding, which the airline says cost it $175 million in the second quarter.

TECHNOLOGY

Are Facebook users better off after its $5 billion fine?

If you're one of Facebook's more than 2 billion users, are you any better off now than you were before the Federal Trade Commission imposed new privacy restrictions and a $5 billion fine on the company this week?

Apple buys Intel's smartphone modem division for $1 billion

SAN FRANCISCO (AP) — Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology.

REAL ESTATE

US long-term mortgage rates fall; 30-year average at 3.75%

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, edging toward three-year lows amid signals from Federal Reserve officials that they could cut their benchmark interest rate at their meeting next week.

HEALTH CARE

Drug cost bill advances but GOP resistance spells trouble

WASHINGTON (AP) — A prescription drug compromise that would lower costs for Medicare recipients and save billions for Medicare and Medicaid cleared a key hurdle in the Senate on Thursday, but Republican resistance signaled trouble as the legislation faces floor consideration.

First CRISPR study inside the body to start in US

Patients are about to be enrolled in the first study to test a gene-editing technique known as CRISPR inside the body to try to cure an inherited form of blindness.

NATIONAL/INTERNATIONAL BUSINESS

Stocks slide over disappointing earnings reports

NEW YORK (AP) — U.S. stocks retreated from record highs on Wall Street Thursday as large companies delivered weak earnings and disappointing forecasts.

US factory orders for large manufactured goods up 2% in June

WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods rose last month after sharp declines the previous two months, propelled by demand for commercial aircraft and cars. A category that tracks business investment had its biggest increase in four months.

European Central Bank joins Fed in paving way for stimulus

FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions.

NATIONAL/INTERNATIONAL POLITICS

House passes bipartisan budget and debt deal

WASHINGTON (AP) — A hard-won, bipartisan budget and debt compromise between President Donald Trump and Speaker Nancy Pelosi has easily passed the Democratic-controlled House.

House passes bill expanding horse soring rules, enforcement

MEMPHIS (AP) — U.S. House members have passed a bill expanding horse soring regulations at Tennessee Walking Horse shows.

Election security divides Congress after Mueller's testimony

WASHINGTON (AP) — Former special counsel Robert Mueller's warning that Russian interference is still happening "as we sit" is putting pressure on Republican leaders in Congress to join Democrats in passing additional election security legislation.

House Dems back subpoenas for Ivanka, Jared private emails

WASHINGTON (AP) — The House Oversight Committee has voted along party lines to authorize subpoenas for personal emails and texts used by White House officials, including Ivanka Trump and her husband Jared Kushner.

What comes after Mueller? Investigations, lawsuits and more

WASHINGTON (AP) — After months of anticipation, Congress finally heard testimony from former special counsel Robert Mueller. So what now?

Trump encourages Republicans to back bipartisan budget bill

WASHINGTON (AP) — President Donald Trump is encouraging Republican lawmakers to back a sweeping bipartisan budget deal his administration struck with Democrats.

US stocks slip ahead of key Fed meeting, busy earnings week

Major U.S. stock indexes closed mostly lower Monday as investors turned cautious ahead of a key Federal Reserve interest policy announcement and other potentially market-moving developments on tap for this week.

Survey: Businesses added 156,000 jobs in July

WASHINGTON (AP) — U.S. companies added a healthy 156,000 jobs in July with larger firms accounted for much of the gains, a private survey found.

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