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The turnaround at SeaWorld might be real.The theme park owner reported that visitors to SeaWorld grew 5 percent for the quarter, the second consecutive quarter that attendance rose.Sales and attendance figures topped forecasts, and shares surged more than 15 percent to a four-year high. Its stock is up more than 80 percent this year.SeaWorld has struggled since a documentary called "Blackfish" aired in theaters and on CNN in 2013. The film focused on an orca that had killed people, including a trainer, and suggested that the conditions in which it was confined at SeaWorld contributed to its violent behavior. The company has disputed certain points in the documentary.Interim CEO John Reilly said new rides, discounted prices for annual passes and a new marketing strategy that focuses on animal rescue efforts helped push the good results. Reilly took over from former CEO Joel Manby in February after Manby failed to stop a long slide in visitors."We are pleased with our strong second quarter financial results and the continued momentum we see in the business," Reilly said in a statement.The rise in visitors coincided with the start of the summer, when kids are off from school and families take vacations. Some analysts had dismissed a first quarter attendance surge because it came at a slow time for amusement parks.SeaWorld also owns the Busch Gardens and Sesame Place theme parks.But its SeaWorld parks draw the most scrutiny.In addition to the "Blackfish" documentary, the company has been targeted relentlessly by the animal rights group PETA.In an attempt to rehab its corporate image, SeaWorld announced in 2016 that it would stop breeding orcas in captivity and also end its orca shows at its San Diego theme park. They continue elsewhere.But PETA is not enamored of the changes.PETA owns a tiny stake -- 339 shares -- in SeaWorld, with the hopes that it can urge other investors to put more pressure on management for bigger changes."We find that many families who recently went to SeaWorld say they'll never go back after what they saw. Shareholders should be wary," PETA executive vice president Tracy Reiman said in a statement to CNNMoney."This summer's events show that although the marine park may have a few upward blips, it's on a downward trajectory that won't stop until the animals are out of the tanks and in coastal sanctuaries," Reiman added.While PETA may still not be satisfied with some of the changes, SeaWorld has put another problem behind it.The company said Monday that it had reached a settlement with the Securities and Exchange Commission over an investigation into certain "disclosures and public statements" made by SeaWorld.SeaWorld said it did not admit or deny any of the SEC's allegations and that it recorded a million charge in the quarter to settle the matter. 2834

The unemployment rate has dipped below 4 percent for the first time since 2000.The United States added 164,000 jobs in April, the Labor Department reported Friday. That was slightly below what economists expected. Unemployment dropped to 3.9 percent, the lowest since December 2000."The employment situation continues to surprise everyone," said Robert Frick, chief economist with Navy Federal Credit Union. "Getting down to 3.9 is quite a marker."Wages grew 2.6 percent from a year earlier. That was also slightly below expectations.The report indicates another month of solid job growth for an economy that has been expanding for almost nine years — the second-longest streak on record.Hiring gains in April were broad. Professional and business services added 54,000 jobs, health care added 24,000, and manufacturing posted an increase of 24,000 jobs.The mining sector added 8,000 jobs, extending its gains. Employment in mining has risen by 86,000 since October 2016.The wage growth number seemed unlikely to alarm Wall Street, which has been worried in recent months about inflation. Stock futures were little changed after the report came out.Inflation is closing in on the Federal Reserve's 2% target, gasoline is heading toward a gallon, and companies are reporting cost pressures. Faster inflation could force the Federal Reserve to raise interest rates more quickly than planned.Frick believes unemployment will keep falling as businesses offer more attractive wages and benefits to fill openings."There's still hundreds of thousands of more people who will enter the workforce," he said. "I think we can get down to 3.5 percent."If unemployment falls much further, it will reach territory not seen in half a century. Unemployment fell as low as 3.8 percent in April 2000, in the waning days of the technology boom. The last time it was lower than that was 1969. 1898

The White House physician assigned to Vice President Mike Pence, Jennifer Pena, has resigned, his office told CNN in a statement Friday. Pena worked in the White House Medical Unit."The vice president's office was informed today by the White House Medical Unit of the resignation. Physicians assigned to the vice president report to the White House Medical Unit and thus any resignation would go entirely through the Medical Unit, not the vice president's office," Alyssa Farah, Pence's press secretary, said in a statement to CNN.This comes after CNN reported Tuesday that Pence's doctor privately raised alarms within the White House last fall that President Donald Trump's doctor Ronny Jackson may have violated federal privacy protections for a key patient -- Pence's wife, Karen -- and intimidated the vice president's doctor during angry confrontations over the episode.A White House official later told CNN they felt Pence's doctor had misrepresented the extent of Jackson's actions.Trump nominated Jackson to lead the Department of Veterans Affairs, but Jackson withdrew his nomination last week amid burgeoning allegations of professional misconduct."The allegations against me are completely false and fabricated," Jackson said in a statement. "If they had any merit, I would not have been selected, promoted and entrusted to serve in such a sensitive and important role as physician to three presidents over the past 12 years."Though he returned to the White House Medical Unit, Jackson is no longer Trump's attending physician.According to copies of internal documents obtained by CNN, Pence's doctor accused Jackson of overstepping his authority and inappropriately intervening in a medical situation involving the second lady as well as potentially violating federal privacy rights by briefing White House staff and disclosing details to other medical providers -- but not appropriately consulting with the vice president's physician.The vice president's physician later wrote in a memo of feeling intimidated by an irate Jackson during a confrontation over the physician's concerns. The physician informed White House officials of being treated unprofessionally, describing a pattern of behavior from Jackson that made the physician "uncomfortable" and even consider resigning from the position.Farah, press secretary for the vice president, said Pence's physician "brought the issue to Mr. Ayers, who appropriately referred the matter to the proper channels."Current and former coworkers accused Jackson of abusive behavior and professional misconduct in interviews with Democratic staff on the Senate Veterans' Affairs Committee, which sources briefed on the matter say has investigated those episodes as well as the one involving Karen Pence. The Senate Armed Services Committee, which is considering Jackson's promotion in the Navy to become a two-star admiral, is aware of the incidents, according to sources familiar with the matter.Jackson and the vice president's physician have long had a "strained relationship," according to a former White House medical official.The-CNN-Wire 3109

The Trump Administration wants to change the definition of a showerhead to let more water flow, addressing a pet peeve of the president who complains he isn’t getting wet enough.Publicly talking about the need to keep his hair “perfect,” President Donald Trump has made increasing water flow and dialing back long held appliance conservation standards — from light bulbs to toilets to dishwashers — a personal issue.But consumer and conservation groups said the Department of Energy’s proposed loosening of a 28-year-old energy law that includes appliance standards is silly, unnecessary and wasteful, especially as the West bakes through a historic two-decade-long megadrought.Since 1992, federal law has dictated that new showerheads shouldn’t pour more than 2.5 gallons of water per minute (9.5 liters). As newer shower fixtures came out with multiple nozzles, the Obama administration defined the showerhead restrictions to apply to what comes out in total. So if there are four nozzles, no more than 2.5 gallons total should come out between all four.The new proposal Wednesday would allow each nozzle to spray as much as 2.5 gallons, not just the overall showerhead.With four or five or more nozzles, “you could have 10, 15 gallons per minute powering out of the showerhead, literally probably washing you out of the bathroom,” said Andrew deLaski, executive director of the energy conservation group Appliance Standards Awareness Project.On the White House South Lawn in July, Trump made the issue personal:“So showerheads — you take a shower, the water doesn’t come out. You want to wash your hands, the water doesn’t come out. So what do you do? You just stand there longer or you take a shower longer? Because my hair — I don’t know about you, but it has to be perfect. Perfect.”DeLaski and officials at Consumer Reports said there’s been no public outcry or need for change. The Department of Energy’s own database of 12,499 showerheads showed 74% of them use two gallons or less water per minute, which is 20% less than the federal standard.“Frankly it’s silly,” deLaski said. “The country faces serious problems. We’ve got a pandemic, serious long-term drought throughout much of the West. We’ve got global climate change. Showerheads aren’t one of our problems.”Energy Department spokeswoman Shaylyn Hynes said the 2013 Obama definition of showerhead clashes with what Congress intended and the standards of the American Society of Mechanical Engineers.If the rule is adopted, Hynes said it would be “allowing Americans — not Washington bureaucrats — to choose what kind of showerheads they have in their homes.”Officials at the industry group Plumbing Manufacturers International did not respond to a request for comment.Appliance and plumbing energy and water conservation standards save consumers about 0 a year on energy bills, deLaski said.If people are having trouble getting water flowing in their shower, they should check their home’s water pressure and can replace a faulty showerhead for not much money, deLaski said.A 2016 test of showerheads by Consumer Reports found that the best rated showerheads — including a model — provided a pleasing amount of water flow and met federal standards, according to David Friedman, a Consumer Reports vice president and former acting assistant energy secretary.DeLaski said he has had a hard time understanding the president’s shower concerns.“If the president needs help finding a good shower, we can point him to some great consumer websites that help you identify a good showerhead that provides a dense soak and a good shower,” deLaski said. 3624

The Wall Street roller coaster started to climb again.The Dow closed up 401 points, or 1.6%, on Thursday. The broader S&P 500 gained 1.9% and the Nasdaq surged 3%, its best day since March. Stocks bounced back after a sharp drop Wednesday that sent the Nasdaq into a correction.The market has slumped badly in the past several weeks, but it hasn't fallen in a straight line. Volatility is spiking, and huge sell-offs have been interspersed with big gains, including October 16's 548-point jump for the Dow and October 12's 287-point gain.Still, the back and forth has been heaviest in one direction: down. The S&P 500 was less than a percentage point drop away from entering a correction Wednesday. Investors had been looking for strong corporate earnings to drag stocks out of the doldrums, but earnings have disappointed this quarter. That gave already nervous investors more anxiety."No matter how good the report or how positive the guidance, investors are looking for the exits," said Justin Walters, cofounder of Bespoke Investment Group, in a note to investors Thursday. "Companies that are reporting earnings this season are getting slaughtered."The average stock has fallen 2% the day after reporting earnings this quarter -- the worst performance of the 21st century, according to Walters.Concerns about rising rates and the trade war have spooked the markets this month. The S&P 500 has fallen 7% in October. And the Nasdaq is down 9%, on track for its worst month since November 2008. Only 13% of stocks are trading above their 50-day moving averages, evidence that Walters believes suggests stocks have been oversold.Investors agreed on Thursday at least. They saw a buying opportunity, particularly in tech.All of the FAANG stocks were up more than 2%. Amazon led the pack, up 7%.Twitter (TWTR) spiked 16% after reporting higher profit and more engaged customers despite losing users overall. Netflix (NFLX) rebounded after plummeting 9% Wednesday. Microsoft (MSFT) rose about 6% after reporting strong earnings the night before.Tesla (TSLA) was up 9%. The company reported by far its most profitable quarter in history late Wednesday, lessening concerns of a looming cash crunch that had been weighing on shares.Tech will be tested again later on Thursday: Alphabet, Amazon (AMZN), Snap (SNAP) and Intel (INTC) all will post their quarterly financial report after the bell.Southwest (LUV) fell 9% after reporting higher oil prices would pinch profit in the future. But American Airlines (AAL) rose 7% following strong earnings Thursday morning.The Dow tumbled more than 600 points on Wednesday, and the Nasdaq lost 4%, its worst one-day percentage drop in more than seven years. 2768