More City Business Articles

Feds may take breather after seven rate cuts

Federal Reserve officials are betting that seven interest-rate cuts and emergency loans to banks may be just about enough to pull the economy through the biggest financial crisis since the Great Depression. More

Airport Authority announces Board changes

The Metropolitan Nashville Airport Authority (MNAA) Wednesday announced the appointment and confirmation of Juli Mosley as vice chair and Dr. A. Dexter Samuels as secretary of its Board of Commissioners. More

Patience wearing thin over Bells Bend plans

Residents of Bells Bend wasted little time expressing frustration and anger at a neighborhood meeting last night over a community plan process that integrates a 500-acre corporate office, retail and residential development into their otherwise sparse, rural landscape. More

Urban Outfitters opening in The Gulch

The Gulch has landed its first national retailer, an apparel and furnishings store that targets the trendy crowd. But it means the concert venue City Hall goes away. More

Consumer confidence has biggest drop since 2001

Confidence among Americans fell to a five-year low this month after home prices dropped by the most since at least 2001, signaling a deepening threat to consumer spending. More

Buffett backs sweet deal as Mars to buy Wrigley for $23B

Mars Inc., backed by billionaire Warren Buffett, agreed Monday to buy Wm. Wrigley Jr. Co. for $23 billion to create the world’s biggest candy maker. More

Award-winning producer launches new music institute

Before he produced even a demo disc, Steve Fishell was traveling, recording and performing with Emmylou Harris’s Hot Band. More

North Nashville developer sells Fisk-area homes

North Nashville developer Virgil Gordon sold 26 town homes he developed near Fisk University to a California investor for $2.6 million. More

Sage shows sage move enlisting local companies

If at first you don’t succeed, try, try again. More

New businesses

Legal downloads shrinking, but George sets all-genre record Strait

At the Leadership Music Digital Summit, held Tuesday at Belmont University, NPD Group VP/Sr. Industry Analyst Russ Crupnick presented a compelling entertainment industry look titled, Ten Years After: America & Digital Music. More

Investors in defunct Hanover Corp. will get their day in court

Creditors of the defunct investment firm Hanover Corp. will meet in Nashville this week to have their day in court. More

Diversity playing a key role in Nashville’s new convention center

Construction teams have been working for months building their partnerships in order to chase contracts to build the Nashville’s new downtown convention center, the largest construction project in the state's history. More

Brentwood’s ‘corner’ market

A prominent Brentwood corner has been the target of attempts for a substantial mixed-use development of retail, residential, office and a hotel that would be a tax boon to the city if it could be built. More

Executive Appointments

Lynch joins Jarrard Phillips Cate & Hancock Chambers, McAlister join Pinnacle Financial Health care executive search firm expands to Dallas Cooper names Leuschen legislative director Regions Bank names Preston branch manager More

Nordstrom coming to Green Hills

The Seattle-based fashion retailer Nordstrom announced this morning it has signed a letter of intent to open a 149,000 square foot location in the Mall at Green Hills. More

SEC may require banks to hold more cash during market turmoil

The U.S. Securities and Exchange Commission, responding to the collapse of Bear Stearns Cos., may require Wall Street banks to keep more cash on hand during periods of market stress. More

Pulte loss widens to $696.1M in housing slump

Pulte Homes Inc., the fourth-largest U.S. homebuilder, reported a $696.1 million first-quarter net loss, about three times wider than analysts expected, as stricter mortgage-lending standards cut demand. More

SEC examining whether credit-raters changed policies

The U.S. Securities and Exchange Commission is probing whether credit-rating companies changed the way they graded debt as the market for products tied to subprime mortgages boomed earlier this decade, its chairman said. More

Dave Says

Dear Dave, We have about $8,000 in car loan debt. Despite this, I’d like to go ahead and fully-fund our Roth IRAs. My wife, however, thinks we should pay off the debt first. The fact is we can have either one done by December. What do you think? Steve More