Business

Aetna To Pay $17 Million For HIV Disclosures

STAT News reports: Health insurer Aetna has agreed to pay $17 million to settle claims that it breached the privacy of thousands of customers who take HIV medications. Attorneys for the plaintiffs announced the settlement Wednesday in Philadelphia. Court documents say the Hartford, Conn.-based company sent a mailing in envelopes with large, clear display windows that revealed confidential HIV information. ...

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Amazon Lists 20 Finalist Cities For Second HQ: Boston, DC, NYC, LA, Newark, Dallas, Miami, Chicago, Others

The New York Times reports: Amazon said on Thursday that it had whittled the list of possible homes for its second headquarters down to 20, including centers of technology like Boston as well as some surprise locations like Columbus, Ohio. The company, based in Seattle, selected the finalists out of a pile of more than 238 applications submitted by local ...

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Gay Couple Sues After Printing Company Sends Pamphlets About Satan Instead Of Wedding Program

The New York Daily News reports: A gay couple is suing a printing company for sending them pamphlets about weakness of the flesh and “temptation” instead of the colorful customized wedding programs they ordered. On the eve of their wedding day, Stephen Heasley and Andrew Borg, an Australian couple who were married last year in Pennsylvania, opened a package from ...

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Walmart To Lay Off Thousands, Close 63 Stores

The Hill reports: Walmart has announced that it will lay off thousands of workers across the country as it closes dozens of Sam’s Club locations. The announcement comes on the same day the retail giant announced it was raising its starting minimum wage for new employees to $11 an hour. The company told Business Insider that 63 Sam’s Club stores ...

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Dolly Parton Drops “Dixie” From Attraction Name

The Knoxville News Sentinel reports: Dolly Parton’s Pigeon Forge dinner attraction, Dixie Stampede, has a new name. It’s now known as Dolly Parton’s Stampede, according to a news release from World Choice Investments. It also has a location in Branson, Missouri. Parton explained in the press release that the change streamlines the name of the show, will remove any confusion ...

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Trump Demands US Post Office Raise Prices To Ship For Amazon In Order To Punish WaPo Owner Jeff Bezos

Reuters reports: U.S. President Donald Trump targeted online retailer Amazon on Friday in a call for the country’s postal service to raise prices of shipments in order to recoup costs. The U.S. Postal Service is an independent agency within the federal government and does not receive tax dollars for operating expenses, according to its website. The organization makes up a ...

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MoviePass Hits One Million Subscribers

The New York Times reports: MoviePass said this month that it had signed up more than one million subscribers in just four months. It took Netflix more than three years to reach that level when it started selling low-priced subscriptions for DVD rentals in 1999. Spotify was relatively quick, at five months in 2011. It took Hulu 10 months to ...

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Apple Sued Over Purposely Slowed-Down Older Phones

Reuters reports: Apple Inc defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits filed in various federal courts in the week since the company opened up about the year-old software change. The tweak may have led iPhone owners to misguided attempts to resolve issues over the last year, the lawsuits contend. ...

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TEXAS: New Owner Of Dallas-Area Suburban Mall To Install Massive Ten Commandments Monuments

The Dallas Morning News reports: The new owner of Vista Ridge Mall has lots of ideas to make the shopping center attractive to families and even to people who don’t care about shopping. Odessa businessman John Bushman wants to turn the mall into a community space where people can find some “peace and love” in the Ten Commandments, hear some ...

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North American Movie-Going Hits 22-Year Low

The Los Angeles Times reports: Hollywood is celebrating the end of 2017 with astronomical sales from “Star Wars: The Last Jedi,” which is on track to soon exceed $1 billion in global ticket sales and eventually become the biggest movie of the year. But that won’t be enough to write a happy storyline for the industry. Although movie ticket sales ...

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MUNCHIES: Jack In The Box Targets Potheads

Bloomberg reports: For Jack in the Box Inc., the warm smell of marijuana is rising in the air. As California prepares for legal recreational pot on Jan. 1, the fast-food chain is partnering with a digital media company backed by rapper Snoop Dogg on a new “munchie” meal aimed at cannabis enthusiasts. While marijuana’s connection to fast food is well-established, ...

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Papa John’s CEO Steps Down After NFL Flap

The Associated Press reports: Papa John’s founder John Schnatter will step down as CEO next month, about two months after he criticized the NFL leadership over national anthem protests by players — comments for which the company later apologized. Schnatter will be replaced as chief executive by Chief Operating Officer Steve Ritchie on Jan. 1, the company announced Thursday. Schnatter, ...

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Trump SoHo Hotel Has Been “Put Out Of Its Misery”

Fortune reports: The embattled Trump SoHo Hotel was finally put out of its misery last night. As of midnight on Thursday, the business now operates as The Dominick Hotel. The property will be run by an affiliate of CIM Group, which has owned the hotel since 2014. Hotel staff and guests who have already made bookings will not be affected ...

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AT&T Announces $1000 Bonus For All Employees After GOP Tax Scam Bill Passes (But Hang On, Not So Fast)

CNBC reports: AT&T was quick to respond to news of U.S. tax reform, announcing it would give some employees bonuses once the legislation is signed into law. The telecom giant said in a press release Wednesday that it would give more than 200,000 U.S. union members a special bonus of $1,000. The company also increased its capital expenditures budget by ...

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EU Top Court Strikes Regulatory Blow Against Uber

PBS NewsHour reports: Ride-hailing service Uber suffered a new blow Wednesday as the European Union’s top court ruled that it should be regulated like a taxi company and not a technology service, a decision that crimps its activities around Europe and could weigh on other app-based companies, too. Uber, which is wrapping up a particularly punishing year, sought to play ...

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Disney Buys Most Of 21st Century Fox In $52B Deal

CNN Money reports: Disney is buying a huge chunk of 21st Century Fox in a deal that promises to reshape the media industry and help the entertainment giant fend off digital rivals such as Netflix. The $52.4 billion all-stock deal will combine two of the biggest players in Hollywood. In addition to 21st Century Fox’s movie studio and regional sports ...

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Apple Buys Shazam In $400 Million Deal

The Guardian reports: Apple has bought Shazam, a London-based app that allows smartphone users to identify music, for a reported $400m (£300m). The US company, which revolutionised music with the introduction of the the iPod and iPhone, said Shazam was a natural fit for its Apple Music streaming service. “Apple Music and Shazam are a natural fit, sharing a passion ...

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San Diego Group Wins “Comic Con” Trademark Battle

Forbes reports: In a ruling with wide-ranging implications for the multi-billion dollar fan events industry, a jury in San Diego today decided in favor of Comic-Con International (CCI), the nonprofit that has run the iconic San Diego Comic-Con for nearly 50 years, in its long-running battle with Dan Farr Productions and Bryan Brandenburg, organizers of Salt Lake City Comic Con, ...

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Google To Block YouTube From Amazon Devices

Reuters reports: A rare public spat in the technology industry escalated on Tuesday when Google said it would block its video streaming application YouTube from two Amazon.com Inc devices and criticized the online retailer for not selling Google hardware. The feud is the latest in Silicon Valley to put customers in the crossfire of major competitors. Amazon and Google, which ...

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Outdoor Retailer To Sue Over Shrinking Monuments

Ad Age reports: Outdoor retailer Patagonia has been vocal about its efforts to keep protected federal land protected. That effort reached a new level on Monday following President Trump’s announcement that his administration will shrink the size of the Bears Ears National Monument in Utah by 85 percent. In response, Ventura, California-based Patagonia says it plans to sue the Trump ...

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