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BBB 2013 Torch Awards & Scholarship Winners
The Chattanooga-area Better Business Bureau recognized businesses with the BBB “Torch Award for Marketplace Ethics” Tuesday. They also awarded “Student of Integrity” scholarships.
Businesses recognized for the 2013 BBB Torch Award for Marketplace Ethics are:
-- Category I Winner: Collier Construction Company, Chattanooga, TN
-- Category I Honorable Mention: Aubrey Black Decorative Concrete, Lookout Mountain, GA
-- Category II Winner: Rone Regency Jewelers, Chattanooga, TN
-- Category II Honorable Mention: ABRA Auto Body & Glass, Chattanooga, TN
-- Category III: Winner: CapitalMark Bank & Trust, Chattanooga, TN
-- Category IV: Winner: Vision Hospitality Group, Inc., Chattanooga, TN
-- Category Not-Profit Charity Winner: First Things First, Inc., Chattanooga, TN
-- Category Non-Profit Charity Honorable Mention: Hunter Museum of American Art, Chattanooga, TN
-- Category Not-for-Profit Winner: Tennessee Valley Federal Credit Union, Chattanooga, TN
The BBB also conducted it 9th annual “Student of Integrity” scholarship competition. Scholarships with the value of $1000 each were awarded to ten (10) students who competed by writing an essay on “the importance of ethics in business and our community”. The competition was available to all high schools seniors in the BBB service area of 21 surrounding counties in Southeast Tennessee and Northwest Georgia. 97 students entered the competition this year.
The winners of the BBB 2013 “Student of Integrity” scholarships are:
-- Hogan S. Brock, Armuchee High School, Armuchee, GA
-- Coleman F. Calfee, Dalton High School, Dalton, GA
-- Spencer B. Early, McCallie School, Chattanooga, TN
-- Robert L. Hardaway, II, Dalton High School, Dalton, GA
-- Bryson A. Lype, Ooltewah High School, Ooltewah, TN
-- Carly M. Morris, Cleveland High School, Cleveland, TN
-- Nathan A. Myers, Bradley Central High School, Cleveland, TN
-- Rebecca L. Reddoch, Calhoun High School, Calhoun, GA
-- Luke E. Shattuck, Cleveland High School, Cleveland, TN
-- Renee M. Stullich, Soddy Daisy High School, Soddy Daisy, TN
Congratulations to the winners in the business “Torch Awards for Marketplace Ethics” and the “Student of Integrity” scholarships. BBB President Jim Winsett states, “Individually, the business winners and the student winners are exemplary representatives of ethics and integrity in our marketplace”.
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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