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Habitat wins in court

Judge Joe Binkley has ruled that Habitat for Humanity and Metro Planning officials can proceed with the development of Park Preserve, the controversial subdivision in North Nashville that had been challenged by neighborhood groups.
Jun 11, 2009 10:38 AM

Psych Solutions gets Nevada relo reprieve

A little bit of dispute resolution has allowed the Franklin-based company to continue admitting new patients in Reno. Health regulators continue down the path of license revocation, a move Psych Solutions officials have appealed.
The decision to lift the admission ban, which had been put into effect Tuesday with a notice of summary license suspension, came after talks with hospital representatives in a process called Informal Dispute Resolution. An agreement was reached between state Health Division officials and the hospital to instead appoint a monitor to oversee patient safety at the facility.
Jun 11, 2009 7:46 AM

The inevitable path toward sponsored NFL jerseys

The Titans are one of a small number of teams that want to sport logos on their practice jerseys this year. The NFL says it has no plans what-so-eh-ver to expand the practice to game day, but a sports marketing expert says the slow economy may provide "acceptable justification for introducing a practice that has been waiting in the wings for decades." [poll id="7"]
Jun 10, 2009 5:46 PM

For CCA, this is a case of 'On the one hand...'

The Miami Herald reports on a new Florida that would allow the state to house inmates outside its borders. Potentially a good way for Corrections Corp. to further fill its national network of prisons, but also a possible drain on its three Florida sites. Stay tuned...
Jun 10, 2009 3:44 PM

Nevada moves to shut down Psych Solutions site

After four patient safety incidents in the past eight months, Nevada health regulators have told Psychiatric Solutions officials they have 30 days to move patients from their Reno center before the doors will be closed. Psych Solutions has been dogged by similar claims at one of its Chicago-area hospitals for the better part of a year. Shares of the company (Ticker: PSYS) fell more than 12 percent today on the Nevada news, although several analysts are downplaying the financial impact.
"Usually what we've seen is headlines around this are a bigger deal than underlying issues," Bachman said. "It's a tough population they are serving, so there is likely to always be something going on."
Jun 10, 2009 3:36 PM
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GM small-car decision coming 'in a few weeks'

Officials at the auto maker say they have begun formal talks with representatives from Tennessee, Michigan and Wisconsin as well as federal officials about where they will build their planned next-generation small car.
Emerging from a meeting with Tennessee officials — the first of three meetings with state and federal delegations on Wednesday — Clarke said he wanted to lay out what GM was looking for in a new site. "I think a lot of (the discussion) was just getting an understanding," he said. "We wanted to make ourselves available to answer questions at whatever level of detail the state delegations wanted."
Jun 10, 2009 3:19 PM
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Crescent in Chapter 11

The Charlotte-based developer of much of Cool Springs has secured $110 million in DIP financing and named a new CEO.
Jun 10, 2009 11:43 AM

Water stimulus cash on its way

Gov. Bredesen has signed legislation that helps the state clear the way for various clean-water infrastructure projects to get going.
The debt forgiveness provision means part of the funding distributed to communities, water authorities and utilities will be in the form of a grant, which does not need to be repaid. Tennessee’s allocations from EPA are expected to be approximately $59 million for the Clean Water State Revolving Fund to fund planning, design and construction of wastewater facilities and approximately $20 million for the Drinking Water State Revolving Fund to fund planning, design and construction of drinking water facilities.
Jun 10, 2009 11:14 AM

Refi tide retreats

Yes, Johnny, we're still price-sensitive consumers. The quick rise in mortgage rates in the past month is just as swiftly driving down the number of loan applications.
Jun 10, 2009 9:11 AM

Chancery going electronic

Metro officials have contracted with Dallas-based Tyler Technologies (Ticker: TYL) to install a case management and financial software system at Davidson County Chancery Court.
Jun 10, 2009 8:43 AM