Tonight: Evening t-showers, otherwise cloudy and muggy with a low near 70.
Wednesday: ... More...
Hunter Museum Curator Retiring
Ellen Simak, chief curator for the Hunter Museum of American Art, is retiring after 25 years of service.
Simak joined the Hunter Museum in August of 1988. In her time at the Hunter Museum, she has helped purchase a number of significant works. The first purchase in her tenure was the George Segal sculpture, “Couple on Two Benches,” which was the inaugural acquisition from the Hunter Acquisition Endowment fund set in place by the Benwood Foundation. One of her recent purchases, a fine painting by African American artist Lois Mailou Jones, was acquired from a 2011 traveling show of the artist’s work which will finally return to the Hunter this summer at the end of the exhibit tour just as Simak is leaving.
Among the exhibits she curated, a 2008 exhibition of the work of Charles Burchfield was the culmination of her admiration for this American master’s work. Simak was an active participant in the reinterpretation of the collection in 2004 and designed the reinstallation of all the historic galleries in the museum at that time.
Simak has an M.A. in art history from the University of Delaware. She also has a B.A. in art history, journalism, and English literature from the University of Minnesota. Prior to beginning her museum career, she worked as a copy editor for the Minneapolis Tribune and an editor for Miller Publishing Company. From 1979-1982 she was the program assistant for the National Federation of State Humanities Councils, after which she returned to school to pursue a degree in art history.
Before accepting the position of curator of collections at the Hunter, she was curator of American Art at the Joslyn Art Museum in Omaha, Nebraska, from December 1985 to August 1988.
“It has been my privilege to work at the Hunter Museum for almost 25 years,” Simak said. “Over those years, I have seen many changes, all for the good. But one thing that has remained a constant is the wonderful colleagues – on staff, on the board, amongst our volunteers and in the community – with whom I have shared my working life.”
Highlights of Simak’s impressive career include 33 exhibitions that she has organized since 1988 as well as a significant number of acquisitions. Additionally, Simak has published 12 catalogs and other publications, including Volume 2 of the Hunter’s catalog of the permanent collection.
“Ellen is a talented and dedicated curator and it has been an honor and a privilege to work with her,” said Hunter Museum Executive Director, Daniel Stetson. “Her efforts and achievements have made a lasting mark on the Hunter Museum and on Chattanooga. We will miss her, but wish her well on this new chapter of her life.”
Simak has also had an impact on the arts beyond the walls of the Hunter Museum by serving on a variety of community boards and committees including the Public Art Committee, the Arts and Education Council, Ballet Tennessee and a variety of other panels and commissions. She is a member of the American Association of Museums, the Association of Historians of American Art, the College Art Association, and the Southeastern Museum Conference.
“I hope through my work here that I have contributed to the vibrant Chattanooga arts community; I know I have been enriched by the experience.” Simak said.
More Business News
Last Update on July 22, 2014 09:43 GMT
TOKYO (AP) -- International stock markets rose today as tensions over the downing of a passenger jet in Ukraine eased after pro-Moscow separatists released a train packed with bodies and handed over the aircraft's black boxes.
Some investors fear Western governments, already alarmed by Russia's support for rebels in Ukraine's east, might toughen economic sanctions over the shooting down of the Malaysia Airlines last week with 298 people aboard.
The conciliatory moves by the rebels came as European Union foreign ministers were due to meet today to discuss such penalties.
Benchmark crude oil rose above $103 a barrel. The dollar gained against the euro and the yen.
THE DAY AHEAD
CPI, existing home sale reports due Tuesday
WASHINGTON -- Investors will have plenty to mull today, including a key government-released economic indicator.
The Labor Department's Bureau of Labor Statistics will issue the Consumer Price Index for June later this morning. Also, the National Association of Realtors will put out its report on existing home sales for June, and on Capitol Hill the Senate Finance Committee holds a public hearing on possible changes in tax laws.
In Switzerland, Credit Suisse, the second-largest bank behind UBS, reports its second-quarter results before the opening of trading in Zurich. And at home, a significant group of earnings reports is ready, including the one from Apple Inc., and also reports from Dupont, Comcast Corp., Verizon Communications Inc., Coca-Cola Co., McDonald's Corp. and Microsoft Corp.
Imax, Shanghai Film to open 19 screens in China
Imax is set to go big in China.
Imax Corp. and Shanghai Film Corp., China's biggest state-owned film exhibitor, are teaming up to open 19 giant screen cinemas in the world's No. 2 movie market.
No financial terms were disclosed. Shanghai Film already operates three Chinese Imax theatres.
Box office revenues in China surged 27 percent last year to $3.6 billion, making the country a crucial market for international film companies.
Government policies aimed at encouraging growth of Imax and 3-D movies are helping boost the format's popularity in China's tightly controlled film market.
BEIJING (AP) -- Starbucks and Burger King are getting dragged into the scandal over suspect meat in China.
The issue has also spread to Japan where McDonald's says the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken nuggets.
Chinese authorities are expanding their investigation of the meat supplier, Shanghai company Husi Food Co. A day after Husi's food processing plant in Shanghai was sealed by the China Food and Drug Administration, the agency says inspectors will also look at facilities and meat sources in five provinces in central, eastern and southern China.
The agency says food safety violations will be "severely punished."
The scandal surrounding Husi Food, which is owned by OSI Group of Aurora, Illinois, has added to a string of safety scares in China over milk, medicines and other goods that have left the public wary of dairies, restaurants and other suppliers.
NEW YORK (AP) -- Wal-Mart Stores Inc. is intensifying the price game for the crucial back-to-school shopping season.
The world's largest retailer has cut prices on 10 percent on more back-to-school items compared with last year, signaling that the second-most important shopping season behind the winter holidays will be fiercely competitive. The Bentonville, Arkansas-based retailer also said that it's increasing the number of back-to-school products sold on its website by 30 percent to 75,000 this year from last year.
In an interview with The Associated Press on Monday, Steve Bratspies, executive vice president, general merchandise at Wal-Mart, said he's seeing back-to-school promotions start early this year. He expects that its low-income shoppers will stagger their buying throughout the season, a trend it has seen in the last few years. A little over 300 back-to-school items will have what Wal-Mart refers to as "rollbacks" or discounts.
SAN FRANCISCO (AP) -- Second-quarter earnings for Netflix more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.
The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix's management predicted. The quarter is typically the company's slowest of the year, as people spend more time outdoors instead of watching video.
Investors applauded the second-quarter results, pushing Netflix's stock up $4.05 to $456 in extended trading. The shares have surged by 23 percent this year, while the Standard & Poor's 500 index has increased 7 percent. The second quarter featured one of Netflix's marquee attractions, "Orange Is The New Black," which returned for its second season in early June. As with Netflix's other original series, all 13 episodes of "Orange Is The New Black," were released simultaneously so subscribers could watch the story unfold at their leisure.
RICHMOND, Va. (AP) -- A federal judge says the Food and Drug Administration can't use an advisory panel's 2011 report on menthol cigarettes because its members had conflicts of interest.
While the FDA has since conducted an independent review on the public health impact of menthol cigarettes, Monday's ruling could hinder the agency's ability to defend any future regulations.
U.S. District Court Judge Richard Leon in Washington ordered the agency Monday to reconstitute the tobacco panel and barred it from using its older report on menthol cigarettes.
Cigarette makers Lorillard Inc. and Reynolds American Inc. sued the agency in 2011, alleging conflicts of interest and bias by several members of the panel tasked with advising the FDA on tobacco-related issues.
Only one of the members challenged in the suit remains on the committee.
JOHNSON & JOHNSON-BUYBACK
J&J buying back $5 billion worth of its shares
NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson, the world's biggest maker of health care products, plans to buy back up to $5 billion of the company's common stock.
The maker of prescription drugs, medical devices and Tylenol said Monday that its board of directors had approved the stock buyback program. The company says in a statement that the program has no time limit and could be discontinued at any time.
Johnson & Johnson's shares have risen strongly over the past two years, from about $68 to a July 7 all-time closing high of $106.47. They ended Monday down 53 cents to $101.27 and were up 75 cents at $102.02 in after-market trading following the announcement of the buyback program.
Johnson & Johnson, based in New Brunswick, New Jersey, said it has about 2.8 billion stock shares outstanding.
HARRISBURG, Pa. (AP) -- Pennsylvania received its third bond downgrade in two years Monday. It happened after Gov. Tom Corbett signed a budget that papers over a massive deficit with stopgaps and failed to win passage of legislation to rein in a rising public pension debt.
New York-based credit ratings agency Moody's Investors Service dropped Pennsylvania's $11.1 billion of general obligation bonds a rung on its rating ladder, from Aa2 to Aa3, leaving it ranked among the six worst states in Moody's ratings for the 47 states with general obligation debt.
It was the second downgrade by Moody's in two years. Fitch Ratings downgraded Pennsylvania last year, and Standard & Poor's has warned it could downgrade Pennsylvania if it didn't see significant strides to address deficits and pension liabilities.
NEW YORK (AP) -- Yahoo is buying Flurry Inc., a startup that helps other programmers build better mobile applications and craft marketing campaigns for smartphones and tablets.
The deal announced Monday is the latest in a wave of mostly small acquisitions that Yahoo Inc. has made during the two-year reign of CEO Marissa Mayer as the company's tries to attract more traffic on mobile devices.
The shopping spree hasn't yet provided Yahoo with the means to boost its revenue growth at a time more advertising is moving to online services. The Sunnyvale, California, company last week disclosed another lackluster performance in the April-June period.
Yahoo didn't disclose how much it is paying for Flurry, an indication that the price isn't big enough to affect Yahoo's finances.
The Good LifeCelebrating the events, adventures and activities that represent "The Good Life" in the NewsChannel 9 viewing area.
SideroadsTake a ride with Don Welch to explore the unique people and places to be found along the Sideroads of the NewsChannel 9 viewing area.
Golf Card2014 Golf Card
FORE! Get your Golf Card now to enjoy 10 rounds of golf at great local courses for one low price! CHECK OUT THE DEAL.
Health and Beauty
Road TrippinCome Road Trippin' with us and see all the great sites in your area!
Closings and DelaysThese are the latest School and Business Closings reported to NewsChannel 9. If you see errors or need to add a school or business, call 423-757-7320.
Educator of the YearVote now on your favorite candidate teacher for the Educator of the Year!
Deaf & Hard of HearingInformation provided to NewsChannel 9 by members of the Deaf and Hard of Hearing Community.
Sponsored EventsCheck Back Often for NewsChannel9 Sponsored Events!