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Photo studio opens at Cambridge Square

Photographer Jennifer Anderson has opened a studio at Cambridge Square, a mixed-use community in Ooltewah that specializes in supporting Chattanooga-based business owners and their brands.

Jennifer Anderson Photography will open for bookings on August 1, 2020.

Anderson has been a photographer for more than 13 years. She is a member of the Professional Photographers of America organization and specializes in shooting weddings, families, high school seniors and children. Anderson often works with her husband Damien who serves as her IT professional and associate photographer. By trade he is a helicopter pilot, and an United States Army veteran.

"Ms. Anderson is an ideal tenant for Cambridge," said Jim Cheney, Marketing and Leasing Director. "Not only does she own a local business, but her specialization in family photography is a great fit for the greater Ooltewah community. We're very excited that she chose our development to open her studio."

Anderson shoots both on site and in the studio, working closely with her clients to provide a hands-on experience and images that capture their events and personalities on an intimate level.

 

Homes sales rebound from spring decline

The number of Americans signing contracts to buy homes rose for the second straight month after a devastating spring freeze brought on by the coronavirus outbreak.

The National Association of Realtors said Wednesday that its index of pending sales rose 16.6%, to 116.1 in June, its highest level since 2006. That's up from a reading of 99.6 in May.

Contract signings are now 6.3% ahead of where they were last year after being significantly behind last year's pace due to the pandemic. An index of 100 represents the level of contract activity in 2001.

All four regions saw more contract signings for the second straight month. The Northeast led the way with a 54.4% increase. Sales in the Midwest, South and West all jumped around 12%.

"It is quite surprising and remarkable that, in the midst of a global pandemic, contract activity for home purchases is higher compared to one year ago," said Lawrence Yun, NAR's chief economist. "Consumers are taking advantage of record-low mortgage rates resulting from the Federal Reserve's maximum liquidity monetary policy."

 

Delta passengers fill out health forms

Delta Air Lines on Wednesday began requiring passengers to complete health acknowledgment forms attesting that they have not been diagnosed with COVID-19, or had symptoms of the virus in the 14 days prior to their flight.

The Atlanta-based airline says that customers also will be required to answer questions about whether they might have been exposed to the virus in the days leading up to travel.

Delta says customers who don't fill out the forms "will not be able to complete the check-in process and will be invited to change or cancel their reservation without change fees."

Passengers also must wear face masks at check-in, in boarding gate areas, on jet bridges and on board the plane.

Delta specifies that a mask with an exhaust valve is not acceptable as a face covering, and plastic face shields cannot replace a mask but can be used in addition to a mask.

 

Boeing losses widen as airlines shrinks

Boeing losses reached $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft withers in the pandemic.

The losses were far worse than Wall Street expected, as was the decline in revenue, which fell 25%.

"The reality is the pandemic's impact on the aviation sector continues to be severe," CEO David Calhoun said. "This pressure on our commercial customers means they are delaying jet purchases, slowing deliveries, deferring elective maintenance, retiring older aircraft and reducing spend — all of which affects our business and, ultimately, our bottom line."

Calhoun said it will take around three years to return to 2019 passenger levels. On Tuesday, an airline industry trade group said air travel won't recover to pre-pandemic levels until at least 2024, a year longer than its previous forecast. The International Air Transport Association cited the inability of the United States and developing countries to contain the coronavirus.

 

Xavier University get $20 million gift

A historically Black university in Louisiana has received a $20 million donation from MacKenzie Scott, the former wife of Amazon founder Jeff Bezos. The gift is the largest private contribution in the school's history and part of hundreds of millions of dollars Scott announced that she had given away.

Xavier University of Louisiana announced the gift on Tuesday, saying the donation will allow the school to expand scholarships and make needed investments to sustain their mission as the country's only Catholic and historically Black university.

"This is a remarkable demonstration of support and encouragement for Xavier and its mission, and a reminder that what we do is important-not only at the University, but also within our global community," Reynold Verret, the university's president, said in a news release.

The school produces more Black medical school graduates than any other university in the U.S., the school said. A little over 3,000 students attend the university.

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