Tonight: Becoming cloudy along with a few late night showers. An overnight low only in the mid to upper 60s.
Friday: ... More...
Two New Leaders at Chattanooga CVB
The Chattanooga Convention & Visitors Bureau (CVB) announced the appointment of two key leaders on Wednesday.
Ed Dolliver (pictured right) has been selected as the new Vice President of Sales. As the VP of Sales, Dolliver will be responsible for cultivating and expanding the CVB’s client base in order to increase the number of meetings and conventions to Chattanooga.
“Ed brings more than 36 years of sales expertise in the hospitality industry. We’re excited to have someone with his credentials and proven track record join our team,” said Bob Doak, President & CEO of the Chattanooga Convention Visitors Bureau. “We spent more than six months searching locally and nationally for the right person for this job.
The CVB also announced Tim Morgan (pictured left) as the new President of the Greater Chattanooga Sports & Events Committee. In his new role, Morgan will be responsible for maintaining and expanding the Sports Committee’s partners to drive bookings of sporting events to Hamilton County.
Morgan brings to Chattanooga a wide range of experiences and knowledge in the sports events industry. Most recently, Morgan was the Sports Sales Manager at the Charlotte Regional Visitors Authority. Prior to that, he spent time with the Carolina Panthers NFL team, Charlotte Regional Sports Commission and Retail Sports Marketing, Inc. He has served as a member of the Charlotte Tennis Association Board, CRVA Diversity Committee, North Carolina Sports Association Board and the North Carolina Sports Association Strategic Planning Committee.
Dolliver was most recently a consultant to the hospitality industry. Prior to that, he was the Vice President of Sales for InterContinental hotels groups’ 190 owned and managed hotels and Hilton Hotels Corporations’ Eastern region. In addition, he has held regional Director of Marketing positions with Starwood and Hilton Hotels as well as property level Director of Marketing positions at the Hilton Hawaiian Village, The Waldorf Astoria and The Waldorf Towers and the Atlanta Hilton and towers.
There will be a reception welcoming Dolliver, Morgan and the recently-announced VP of Marketing, Dave Santucci. It will be held at the Chattanooga Convention Center on Wednesday, August 22 from 3-5 pm, upstairs on the North Rotunda (entrance closest to the Chattanooga Marriott). All are invited to join the CVB in welcoming this new leadership team.Wednesday, August 8 2012, 06:49 PM EDT
More Business News
Last Update on October 02, 2014 08:13 GMT
UNDATED (AP) -- Financial markets got off to a rough start in October as disappointing economic news and Ebola fears drove stocks lower. Surveys indicated German and U.S. manufacturing had slowed last month.
Asian stocks fell Thursday amid similar anxieties.
Japan's Nikkei 225 index lost 1.7 percent to 15,815.45 points and South Korea's Kospi fell 0.9 percent to 1,973.31. Australia's S&P/ASX 200 declined 0.7 percent to 5,295.7. Stocks in Southeast Asia also lost ground. Markets in Hong Kong and China were closed for a public holiday.
In New York, investors dumped airline stocks amid concerns that travel will decline because of the Ebola threat, and bought a handful of drug companies working on experimental treatments for the deadly disease.
Nervous investors shifted their money to havens like bonds and gold.
The blue chip Dow index lost 238.19 points, or 1.4 percent, to 16,804.71. The Standard & Poor's 500 index lost 26.13 points, or 1.3 percent, to 1,946.16 and the Nasdaq composite lost 71.30 points, or 1.6 percent, to 4,422.09.
ECONOMY-THE DAY AHEAD
WASHINGTON (AP) --The Labor Department will report on the number of people who applied for unemployment benefits last week. Economists forecast that weekly applications rose a slight 5,000 to a seasonally adjusted 298,000.
Also today, the Commerce Department reports on U.S. factory orders for August. In July, factory orders rose 10.5 percent, the biggest one-month increase on record going back to 1992.
Freddie Mac will report on average U.S. mortgage rates for this week. Last week, the average for the 30-year loan eased to 4.2 percent from 4.23 percent the previous week.
UNDATED (AP) -- The first reported case of Ebola in the United States has caused concern among airline investors and is raising the prospect that some frightened travelers might stay home.
Details of the man's 28-hour trip from western Africa emerged Wednesday. He flew on two airlines, took three flights, and had lengthy airport layovers before reaching Texas on Sept. 20.
Still, federal officials say other passengers on the flights are at no risk of infection because the man had no symptoms at the time of his trip.
Thomas Eric Duncan left Monrovia, Liberia, on Sept. 19 aboard a Brussels Airlines jet to the Belgian capital, according to a Belgian official. After layover of nearly seven hours, he boarded United Airlines Flight 951 to Dulles International Airport near Washington, D.C. After another layover of nearly three hours, he then flew Flight 822 from Dulles to Dallas-Fort Worth International Airport, the airline confirmed.
WASHINGTON (AP) -- The Labor Department is following through on President Barack Obama's pledge to get the ball rolling on a higher national minimum wage in the absence of any congressional legislation to accomplish this goal.
Labor Secretary Thomas Perez has finalized a federal rule raising the minimum wage for employees of federal contractors to $10.10 an hour.
Wednesday's move puts in force a step that Obama announced last February. The Labor Department said nearly 200,000 American workers will benefit from the new minimum, which takes effect Jan 1.
The minimum federal wage is now $7.25 an hour. Obama has proposed the higher pay level for all workers, but that has drawn resistance from Republicans in Congress. In announcing the new rule, Perez says that by raising the minimum wage for workers on federal contracts, the administration "is rewarding a hard day's work with fair pay."
STOCKTON BANKRUPTCY TRIAL
SACRAMENTO, Calif. (AP) -- A federal judge dealing with the bankruptcy issue has struck at the sanctity of public pensions in California.
U.S. Bankruptcy Judge Christopher Klein ruled Wednesday that federal bankruptcy law allows the city of Stockton to treat pension fund obligations like other debts, meaning the city could trim benefits.
The city of Stockton argued that it must make its pension contributions for public employees before its creditors are paid the entire amount they are owned.
The case is being closely watched because it could help clarify who gets paid first by financially strapped cities around the nation -- retirement funds or creditors.
The ruling was prompted by a key creditor's contention that pension obligations should be treated like other debts.
DETROIT (AP) -- Emergency manager Kevyn Orr has testified in bankruptcy court that when he took over Detroit's finances, he found a city with poor services for residents, next to no cash flow and significant neighborhood blight.
Orr, hired by the state in March 2013 to fix Detroit's finances, took the city into the largest municipal bankruptcy in U.S. history. He was called to the stand and questioned by a city lawyer in federal court in Detroit.
Judge Steven Rhodes is to decide whether Orr's plan to remove $7 billion in debt is fair to creditors. Orr has said Detroit's unsecured debt is about $12 billion.
Orr said Wednesday that before he filed for bankruptcy, every creditor wanted to be "paid in full."
PORTLAND, Ore. (AP) -- Oregon's labor commissioner has filed a complaint against heavy-duty truck and school bus manufacturer Daimler Trucks North America, alleging five employees at its Portland plant were subjected to racial slurs and threats.
A statement Wednesday from Commissioner Brad Avakian says the accusations will be investigated, and if they bear out, workers could be awarded damages including back pay if they've quit.
Among the allegations, according to the statement, is that a Daimler Trucks employee threatened a black co-worker with a noose, saying he'd drag the African-American behind a car.
A statement from Daimler Trucks said it doesn't tolerate discrimination and trains employees to avoid it. It also said the company is cooperating with the investigation and has hired an outside investigator to look into the allegations.
KANSAS CITY, Mo. (AP) -- A consumer group is suing the U.S. Department of Health and Human Services to obtain information used to justify insurance rates in Missouri.
The Consumer Council of Missouri filed the complaint Tuesday in federal court. The agency didn't immediately respond to an email to its press office seeking comment.
The consumer group says the new health insurance law requires the agency to make the rate information public so consumers have the chance to challenge the costs they pay for health insurance. But the suit alleges that HHS has denied its records request.
Missouri is one of several states allowing the federal government to run their health insurance exchange. The suit says Missouri is reliant on HHS for any information regarding health insurance plans to be sold in 2015.
The Good LifeCelebrating the events, adventures and activities that represent "The Good Life" in the NewsChannel 9 viewing area.
SideroadsTake a ride with Brian Smith to explore the unique people and places to be found along the Sideroads of the NewsChannel 9 viewing area.
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.
This N ThatLearn about the latest in community affairs and great events with Brian Smith on This 'N That.
Educator of the WeekNominate now for Educator Of The Week!
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!