Today: Mostly cloudy and becoming windy. Showers develop this afternoon. An afternoon high in the upper 50s to low 60s. An increasing North wind at 10-20mph.
Tonight: Still some passing showers during the evening. ... More...
Tennessee Aquarium Expects 20 Millionth Visitor This Weekend
A spring outing is about to become very memorable for someone as the Tennessee Aquarium prepares to welcome its 20 millionth visitor on Sunday, March 24th. To celebrate the occasion, a gift package is being prepared for the lucky guest, including a one-year Aquarium membership, passes for the IMAX 3D Theater and River Gorge Explorer, a behind the scenes tour and a Chattanooga VIP Pass to other area attractions.
Drawing 20 million people to downtown Chattanooga underscores how the initial investment in the Aquarium continues paying dividends. A recent independent study found that the Aquarium's direct economic impact on the Scenic-City is more than $77.4 million dollars each year.
"The Aquarium's success and Chattanooga's prosperity go hand-in-hand," said Charlie Arant, the Aquarium's president and CEO. "Admissions allow us to provide a top-rated visitor experience that draws people to the city. And, thanks to ongoing community support, we're able to keep creating new and exciting exhibits and expand our education and conservation programs in the region."
To show appreciation for the long-standing support, the Aquarium will offer all visitors special discounts on "20 Million Day." Adult Aquarium tickets, and Adult tickets for the River Gorge Explorer, will be $20.00 on Sunday. Visitors will also save when they choose to add IMAX tickets for $5.00 each. (Two adults could save $20 when purchasing combination tickets for all three attractions.)
The Aquarium also plans to kick off the next wave of visitors with a Chattanooga getaway contest. Anyone can go to the Aquarium's Facebook page and register to win the "Big Tanks Sweepstakes." The winner, chosen at random from online entries, will win a one-year family membership, tickets for the River Gorge Explorer and IMAX, two-night hotel stay in Chattanooga and a Chattanooga VIP pass to other area attractions. Entries will be accepted through Thursday,March 28th. The winner will be posted on the Aquarium's Facebook page the following day.
More Business News
Last Update on October 31, 2014 07:28 GMT
SEOUL, South Korea (AP) -- Japan's Nikkei 225 stock average surged 5 percent and the yen slid against the dollar after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery.
Other Asian stock markets were also higher after the Japanese central bank's announcement Friday. The dollar rose 1.2 percent to 110.64 yen.
The bank said it would increase its asset purchases by between 10 trillion yen and 20 trillion yen ($90.7 billion to $181.3 billion) to about 80 trillion yen ($725 billion) annually.
The Nikkei was up 4.6 percent at 16,380.11 after shedding some of its initial gains. Hong Kong's Hang Seng rose 1.2 percent and Seoul's Kospi was up 0.1 percent.
ECONOMY-THE DAY AHEAD
WASHINGTON (AP) -- Today. the Commerce Department will release its September report on consumer spending, which accounts for 70 percent of economic activity in the U.S.
Also, the University of Michigan will issue its monthly index of consumer sentiment for October. In September, the index reached its highest level since July 2013, led by greater optimism that the economy will grow and incomes will rise.
The Labor Department will also release the third-quarter employment cost index.
Before the market opens, Exxon Mobil will report its quarterly financial results.
NEW YORK (AP) -- Citigroup is slashing its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month.
The New York-based bank on Thursday revised its quarterly net income to $2.8 billion from a previously reported $3.4 billion, citing legal expenses.
The bank's operating expenses rose from $12.36 billion to about $13 billion.
The company said in a statement the unexpected increase came from "rapidly-evolving regulatory inquiries and investigations, including very recent communications with certain regulatory agencies related to previously-disclosed matters."
Citi previously reported third-quarter net income of $3.44 billion, or $1.07 per share, on Oct. 14. The results exceeded Wall Street estimates.
Like other major banks, Citigroup has been the target of lawsuits and government investigations for its role in the mortgage meltdown that helped spur the financial crisis of 2008.
SURGICAL GOWNS LAWSUIT
LOS ANGELES (AP) -- A lawsuit says Kimberly-Clark Corp. falsely claimed its surgical gowns met the highest standards for protecting against Ebola and other infectious diseases.
Lead attorney Michael Avenatti says the Texas hospital where two nurses contracted Ebola used to stock the gowns but it's not clear if the nurses had used them.
The $500 million fraud suit was filed Wednesday in federal court in Los Angeles on behalf of a surgeon who wore the gowns.
The lawsuit says Kimberly-Clark knew for a year that the gowns failed industry tests and allowed the transfer of bodily fluids, bacteria and viruses, but the company still promoted them as having the highest level of impermeability.
The maker of Kleenex and other consumer products says it doesn't comment on lawsuits but stands behind its products' safety.
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