Saturday: Sunny to partly sunny and warmer through the afternoon with a high in the mid 70s.
Saturday Night: A fair sky with a low in the low 50s (40s away from the city)
Sunday: Mostly sunny and even warmer. ... More...
Chattanooga Named Code for America City
Chattanooga was named as a Code for America (CfA) Fellowship City Tuesday. CfA will provide at least three fellows for a year, beginning in January 2014. City staff and local developers will work with the CfA fellows to develop and test open-source web apps to improve city services and the community around two of the City’s key priorities – safer streets and civic engagement
“City Government will collaborate with some of the top developers and designers from across the country, creating open-source web applications to help address important issues in our community - including public safety,” said Mayor Andy Berke. “I am committed to a more open, transparent, and innovative government – and opening up data is an important way to make government more accessible to our citizens.”
"We are thrilled to officially announce that Chattanooga will participate in our 2014 Fellowship program." said Code for America Co-Executive Director Bob Sofman. "Chattanooga has a remarkable commitment to innovation and is supported by forward-thinking and dedicated staff. This top-notch combination ensures a productive year.”
In addition to focusing on public safety and civic engagement, the Fellows will help to improve the City of Chattanooga’s internal processes, including the procurement process, by working with City departments to develop and determine effective solutions that use tax payer dollars responsibly.
Since 2009, CfA has paired leaders in innovation with local governments, using technology to promote openness and transparency, encourage participation, and solve problems in cities across the country. Together, CfA fellows (top developers, designers, researchers, and product managers) and local governments produce open-source web apps to improve city services. CfA also helps build relationships between City Hall and local technology talent.
“Having Code for America come to the Gig City makes so much sense. Chattanooga has a strong history of civic action and innovation, as well as a new Administration that understands how open data can benefit citizens,” said Tim Moreland of Open Chattanooga. “From the start, Mayor Berke has been supportive of Open Chattanooga's efforts to solve real problems using open data. So when Code for America arrives in Chattanooga, they will find a Mayor, a city, and a community ready to roll up their sleeves and make lasting change.”
Early this summer, the Berke Administration partnered with Open Chattanooga to apply for the fellowship for 2014 and the City of Chattanooga was named a finalist last month. The City secured $250,000 in private funds from the Benwood Foundation and Lyndhurst Foundation. Chattanooga City Council authorized the funding of an additional $180,000. Several private companies have expressed an interest in contributing to the project, including through both
in-kind and monetary contributions.
"We are thrilled to be named a Code for America City. This initiative asks the important question, 'How can technology make our community better?',” said Sarah Morgan, President of the Benwood Foundation. “When we inspire the brightest tech-minds across the country to focus not on the private sector but the public sector, we can address some of our community's most pressing issues."
“Chattanooga is a natural fit for Code for America. This opportunity will not only complement our city's focus on technology and innovation, it will more importantly connect developers with the resources they need to solve real world problems through open data and civic engagement," said Macon Toledano, Associate Director of Lyndhurst Foundation.
The 2014 class of Fellows will include 31 developers, designers, researchers, and project managers leaving private companies such as ZipCar, Intuit, and Lockheed Martin as well as government organizations such as NASA.
Over 50 cities across the country applied for the Code for America Fellowship this year. The 2014 Code for America Cities include:
Long Beach, CA
San Antonio, TX
San Juan, Puerto Rico
Warwick, RI (in collaboration with the State of Rhode Island)
Past CfA Fellowship Cities include Chicago, Boston, Philadelphia and New Orleans.
To learn more, visit http://codeforamerica.org/2014.
More Business News
Last Update on October 24, 2014 17:58 GMT
NEW HOME SALES
WASHINGTON (AP) -- U.S. sales of new homes were essentially flat in September, after the government sharply revised downward what was initially an August surge in buying.
The Commerce Department says new-home sales edged up 0.2 percent last month to a seasonally adjusted annual rate of 467,000. The report also revised down the August sales rate to 466,000 from 504,000.
The pace of sales for newly built homes has improved a mere 1.7 percent so far this year compared to 2013. Only the South has experienced gains in buying year-to-date.
Housing has struggled to fully rebound since the recession ended more than five years ago. Many potential buyers lack the savings and strong credit history needed to afford a home, causing them to rent or remain in their existing houses instead of upgrading.
DEARBORN, Mich. (AP) -- Ford's net income dropped 34 percent to $835 million in the third quarter, dragged down by the cost of launching its new F-150 pickup.
The company closed its Dearborn truck plant for five weeks during the quarter and cut back on truck sales in order to preserve inventories while it readies the new aluminum-sided truck. That hurt pretax profits in North America, which fell 39 percent to $1.4 billion.
Ford earned 21 cents per share, down from 31 cents in the July-September period a year ago. Without one-time items, including separation costs in Europe, Ford earned 24 cents. That beat Wall Street's expectation of 19 cents, according to analysts polled by FactSet.
Revenue fell 2.5 percent to $34.9 billion, better than the forecast of $33.7 billion.
ATLANTA (AP) -- UPS is expecting an 11 percent jump in December shipments as the holiday shopping season heats up.
UPS recently announced that it would hire up to 95,000 people to handle the tremendous volume. That's up from last year when the Atlanta company initially planned to hire 55,000 seasonal workers. Major U.S. shipping companies were overwhelmed by a shift in American shopping habits, namely the success of Amazon.com. with its free shipping, and UPS was forced to hire an additional 30,000 people.
United Parcel Service Inc. also maintained its guidance Friday for 2014 adjusted earnings between $4.90 and $5 per share. Analysts polled by FactSet predict $4.95 per share.
PROCTER & GAMBLE-DURACELL
Procter & Gamble removes the batteries
CINCINNATI (AP) -- Procter & Gamble is removing the batteries and making Duracell a stand-alone company.
P&G, which acquired Duracell in 2005, announced earlier this year that it would shed more than half its brands around the globe over the next year or two.
If a split off occurs, P&G said that its shareholders would have the option of exchanging some, none or all of their P&G shares for shares of the newly formed Duracell company.
The Procter & Gamble Co., based in Cincinnati, said Friday that it is also considering a spinoff, sale or other options for Duracell.
CHARLOTTE, N.C. (AP) -- Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier.
Chiquita Brands International Inc. said Friday that the shareholders didn't approve a revised transaction agreement between the two companies during a special shareholders meeting.
Chiquita said it now expects to enter talks with investment firm Safra Group and juice company Cutrale Group on their competing offer of $14.50 per share. Chiquita previously rejected buyout bids from the two Brazilian companies.
CHILD SEAT RECALL
DETROIT (AP) -- Evenflo is recalling more than 202,000 rear-facing infant seats because the buckles can become difficult to unlatch.
The recall affects Embrace 35/9999 models with an AmSafe QT1 buckle. Documents posted by U.S. safety regulators say that if the buckles don't release easily, it may be difficult to get a child out of the seat in an emergency.
The affected seats were made at various times from December 2011 through May of 2013.
Not all Embrace 35 models are covered by the recall. For others, the company will provide replacement buckles if requested by customers.
The recall comes after an investigation by the National Highway Traffic Safety Administration.
Owners with questions can call Evenflo at (800) 490-7591.
IOWA CITY, Iowa (AP) -- The founder of a popular brand of food for observant Muslims has been indicted on charges that he shipped beef to Malaysia and Indonesia that didn't meet those countries' import requirements.
A federal grand jury returned the indictment Thursday against Bill Aossey Jr., who founded the Midamar Corp. in 1974. The Cedar Rapids company grew into the leading U.S. halal brand, selling more than 200 products in the U.S. and abroad.
A 19-count indictment charges Aossey with directing employees to change labels and fabricate documents to make beef products appear that they originated from a slaughterhouse that met Malaysia and Indonesia's strict requirements. Halal meat is supposed to be killed in ritual slaughter.
Aossey's attorney called the indictment unfair Friday, saying the allegations were "a minor regulatory violation" at most.
NEW YORK (AP) -- NBCUniversal will pay $6.4 million to settle a class action lawsuit brought by unpaid interns who worked on "Saturday Night Live" and other shows who claim they are owed wages, according to court documents.
The interns claim NBCUniversal wrongly classified them as non-employees in an effort to avoid labor laws. NBCUniversal said in court documents that even though it is settling the suit, it denies the allegations and doesn't admit any wrongdoing.
The average amount that class-action members of the suit will receive is $505, although the main plaintiffs will receive more. The number of class members is capped at 8,975.
The interns had been seeking recovery of unpaid wages, attorneys' fees, interest and liquidated damages. The settlement still has to be approved by a judge. The lawsuit was filed in federal court in New York.
NBCUniversal is owned by Philadelphia-based cable provider Comcast Corp.
S&P upgrades Cyprus on commitment to bailout deal
NICOSIA, Cyprus (AP) -- Rating agency Standard & Poor's has given Cyprus a one-notch upgrade to its credit grade, raising it to B+.
The agency cited the country's commitment to the terms of its bailout program and better-than-expected economic growth. It also said the outlook for Cyprus is stable, with good economic progress offset by lingering challenges to its banking system, which is still burdened with a huge amount of bad loans.
LONDON (AP) -- Official figures show Britain's economic recovery is continuing, despite a gloomy global environment.
The Office for National Statistics said gross domestic product grew 0.7 percent in the three months through September compared with the previous three months. That is down slightly from a 0.9 percent quarterly rate in the April-June period but remains among the strongest growth rates among developed economies.
Compared with a year earlier, the economy was 3.0 percent larger.
Treasury Chief George Osborne says the figures show Britain "continues to lead the pack in an increasingly uncertain global economy."
Samuel Tombs, the senior U.K. economist for Capital Economics, says growth in Europe's third largest economy has become broader-based, though recent falls in stock markets, manufacturing surveys and eurozone growth have intensified concerns over the recovery.
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