Business news

NASHVILLE, Tenn. (WMOT)  --  A Nashville institution hopes to reopen by no later than Friday.

Husk Restaurant co-owner David Howard told the Tennessean his team is working hard to get the Southern-fare eatery back open following a fire last week.

Howard says the blaze was caused by faulty power lines and the damage was confined to one area of the building.

Several other mid-state restaurants helped out by holding fundraisers for the temporarily out of work Husk wait staff.

MURFREESBORO, Tenn. (WMOT)  --  A new reports says Middle Tennessee is home to two of the hottest real-estate markets in the nation.

WMOT reporting partner just released a ranking of 2016’s top housing markets. The report compares data for sixteen metrics, including housing affordability, home price appreciation and job growth.

The Murfreesboro real-estate market cracked the top ten, coming in fourth. Nashville ranked 14th in the nation. None of Tennessee’s other major cities made the lists’ top half.

NASHVILLE, Tenn. (AP) — Travelers going between Nashville and Memphis will have the opportunity to fly commercial for the first time in three years beginning next month.

Southern Airways says in a news release it will fly between the two cities every day except Saturday beginning Sept. 26. Southern also will offer continuing service to Jackson, Mississippi, with a total flight time of less than three hours.

NASHVILLE, Tenn. (WMOT)  --  Nashville based Corrections Corporation of America lost more than a third of its stock value Thursday following an announcement by the Department of Justice that it will begin phasing out the use of privately held companies to house federal inmates.

Deputy Attorney General Sally Q. Yates issued a memorandum Thursday outlining DOJ plans to terminate or scale back contracts with for-profit companies now operating 13 federal prisons. CCA currently operates four of those facilities.

NASHVILLE, Tenn. (AP) — Nashville International Airport is embarking on a $1.2 billion renovation aimed at changing virtually every aspect of a traveler's experience.

The Tennessean reports projects planned in the next five to seven years include new parking, more security lines, larger baggage claim and ticketing areas, expanded concourse space and a hotel.

Airport leaders said the renovation is in response to a record-breaking number of passengers coming through Nashville — 12.2 million for the fiscal year ending June 30.