Skuid relocates to Liberty Tower
Skuid Inc., creators of the leading cloud user experience (UX) design platform, relocated Tuesday to Liberty Tower on Chestnut Street in downtown Chattanooga. The company will initially occupy the sixth, seventh and eighth floors of the LEED Gold Certified building.
Since founding the company in 2013, Skuid has lived in four different locations: the Plow Building, the Southern Saddlery Building, the Republic Plaza, and now the Liberty Tower. The moves give testament to Skuid's rapid growth since it launched with five people. When the company moved into its current space in the Republic Plaza in April of 2016, its team had grown to 55 members. Today, the Skuid "skuad" has mushroomed to more than 160 employees at its headquarters in Chattanooga and offices in the Bay Area, London, and Zurich.
"We're staying in Chattanooga for a combination of compelling reasons. Chattanooga has the Gig, a reasonable cost of living and a much better qualify of life for our people," says Ken McElrath, Skuid founder and CEO.
At 36,921 square feet, the new Skuid offices will provide enough room for the company's near-term growth, McElrath said.
Kentucky distributor recalls ground beef
The U.S. Department of Agriculture says a Kentucky-based food distributor has issued a recall on more than 22,000 pounds of ground beef and other beef products due to possible E. coli bacteria contamination.
USDA's Food Safety and Inspection Service says the Creation Gardens Inc. products subject to the recall were shipped to food service locations in Indiana, Kentucky, Ohio and Tennessee.
The department says the problem was discovered Monday when plant management at the Louisville-based company notified Food Safety and Inspection Service officials of positive test results for E.coli.
Officials say the raw ground beef and beef primal cut products affected by the recall were produced from May 31 to June 2. The products subject to recall bear establishment number "EST. 7914" inside the USDA mark of inspection.
Uber dismisses 20 following law firm probe
SAN FRANCUSCO — Uber has fired more than 20 employees after a law firm investigated complaints of sexual harassment, bullying, discrimination and other violations of company policies.
A Uber spokeswoman says the firm Perkins Coie was hired after former engineer Susan Fowler posted a blog in February about sex harassment at the ride-hailing company. Fowler wrote that on her first day at work her boss propositioned her in a series of messages.
The Perkins Coie probe is separate from one being done by former Attorney General Eric Holder. He is likely to make broader recommendations on how to change Uber's culture when his report is released publicly next week.
CEO optimism rises to highest in 3 years
Despite some stumbles by President Donald Trump, chief executives of America's largest companies are more optimistic about the economy than they have been in three years, according to survey results released Tuesday.
The CEOs remain hopeful about a sweeping overhaul of the tax code, including a steep cut in the corporate rate, despite limited details so far from the White House and the lack of formal legislation in Congress.
Those developments have led the Trump administration to back off its expectation to get tax reform enacted by August.
But hopes remain high that major tax changes are coming soon, according to the 148 chief executives surveyed this month by the Business Roundtable trade group.
"The survey results reflect confidence from America's leading employers in the prospects for tax reform as well as the tangible economic benefits that tax reform will produce," said Jamie Dimon, chief executive of JP Morgan Chase & Co., and chairman of the group, which is composed of the heads of about 200 of the largest U.S companies.
Satellite-TV's Dish fined in robocall suit
An Illinois judge has ordered satellite-TV company Dish to pay $280 million for calling people who said they didn't want to be bothered by telemarketers.
The court found that Dish "caused millions and millions of violations of the Do Not Call Laws." Telemarketers are barred from calling people who have joined federal or state do-not-call registries or who've asked companies to leave them alone.
The Justice Department said the $280 million penalty was the biggest ever penalty for telemarketing violations.
Dish Network Corp. says it will appeal the ruling. It says the penalties are unfairly large and it's being held responsible for telemarketing done by contractors, who in some cases hid what they were doing from Dish.