ADVERTISEMENT
ADVERTISEMENT

Bestselling author and international speaker Andrew Davis will deliver the keynote address at the 2019 Tourism Summit presented by the Chattanooga Convention & Visitors Bureau at 11:30 a.m. on Wednesday, Oct. 2 at the Chattanooga Convention Center.

Davis, who is the author of "Brandscaping: Unleashing the power of partnerships," founded his own digital marketing agency after working as a producer for NBC's Today Show and writing for Charles Kuralt.

The Tourism Summit will also include two new professional development sessions, lunch, a report on the state of Chattanooga and Hamilton County's $1.1 billion tourism economy. New for the 2019 Tourism Summit, the first since Barry White was named the bureau president, are morning sessions on Hospitality Workforce Readiness and Tourism Marketing Trends.

"Our 2019 Tourism Summit is a celebration of the industry as well as a reflection on the booming tourism economy in Chattanooga and Hamilton County," White said. "By adding the professional development sessions, we are offering partners an extra benefit of attending and contributing to the professional development of our local tourism talent."

 

Facebook names oversight board

Facebook said Tuesday that it expects to name the first members of a new quasi-independent oversight board by year-end.

The oversight panel is intended to rule on thorny content issues, such as when Facebook or Instagram posts constitute hate speech. It will be empowered to make binding rulings on whether posts or ads violate the company's standards. Any other findings it makes will be considered "guidance" by Facebook.

CEO Mark Zuckerberg announced plans to establish the board last November after Facebook came under intense scrutiny for failures to protect user privacy and for its inability to quickly and effectively remove disinformation, hate speech and malign influence campaigns on its platform.

"Facebook should not make so many important decisions about free expression and safety on our own," he wrote at the time.

 

FedEx profit falls with Amazon exit

Profit at FedEx fell 11% in its fiscal first quarter, as the package delivery company was buffeted by slower economic growth and the loss of business from retail giant Amazon.

The results fell short of Wall Street expectations, and the company lowered its forecast of earnings through next spring.

The Memphis-based company said it would cut costs, including scaling back capacity in its express air-delivery network after the peak holiday season. That unit is likely particularly affected by trade uncertainty.

FedEx is also raising prices. It announced Monday that it will raise rates on express, ground and home deliveries by an average of 4.9% starting Jan. 6. Freight rates will rise 5.9%.

"Our performance continues to be negatively impacted by a weakening global macro environment driven by increasing trade tensions and policy uncertainty," Chairman and CEO Fred Smith said in a statement.

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT