Business

Hacker Arrested In Massive Capital One Data Breach

The New York Times reports: A software engineer in Seattle hacked into a server holding customer information for Capital One and obtained the personal data of over 100 million people, federal prosecutors said on Monday, in one of the largest thefts of data from a bank. The suspect, Paige Thompson, 33, left a trail online for investigators to follow as …

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Sprint/T-Mobile Merger Gets Final Approval From DOJ

The Verge reports: The United States Justice Department has approved the $26 billion merger deal between T-Mobile and Sprint. After over a year in regulatory limbo, the merger received the green light from the last federal agency to hold out, with the Federal Communications Commission already signaling that it will approve the deal. The Justice Department finally approved the deal …

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Trump: Apple Will Get No “Wavers” On China Tariffs

CNBC reports: In a tweet on Friday, President Trump said his administration will not grant Apple any relief on Mac Pro parts made in China. Apple said in June that tariffs on its products will reduce its contribution to the U.S. economy. In a letter to U.S. trade representative Robert Lighthizer, Apple said tariffs would “also weigh on Apple’s global …

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Southwest Pulls Out Of Newark Over Boeing 737 Max

CNBC reports: Shares of Southwest Airlines tumbled Thursday after the low-cost carrier said it doesn’t plan to fly the grounded Boeing 737 Max until next year, warned about higher-than-expected costs and announced it’s pulling out of Newark Liberty International Airport. The airline removed the Max from its schedules until Jan. 5, the latest of any U.S. airline and a sign …

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Deal Or No Deal: Johnson Vows Brexit On October 31st

Reuters reports: Boris Johnson used his first speech as prime minister to vow to lead Britain out of the European Union on Oct. 31 “no ifs or buts”, warning that if the European Union refused to negotiate then there would be a no-deal Brexit. Johnson, who has been hailed by U.S. President Donald Trump as Britain’s Trump, is sending the …

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WINNING: Chinese Investments In US Plummet 90%

The New York Times reports: Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90 percent since President Trump took office. The falloff, which is being felt broadly across the economy, stems from tougher regulatory scrutiny in the United States and a less hospitable …

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TripAdvisor Blasts Into “Straight Pride” Extremists With Hilarious Warning That Weaves In Gay Anthem Titles

CBS News Boston reports: TripAdvisor sent the organizers of Boston’s upcoming “Straight Pride” parade a cease-and-desist letter on Friday. The Needham-based travel website said organizers claimed they’re in negotiations with the company as a potential sponsor. TripAdvisor said that’s not the case and in a letter using song titles popular with the LGBTQ community ordered the parade to stop using …

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Christian Bookseller Drops Name Over CBD Confusion

Religion News Service reports: A popular Christian bookseller is changing its name after a deluge of requests for cannabis-related products. For years, Peabody, Massachusetts-based Christian Book Distributors has been known by the initials CBD. The bookseller announced last month it will now go by “Christianbook” to avoid confusion with cannabidiol, an increasingly popular cannabis-derived product that shares its initials. “The …

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Big Tech Is Tracking Your Browsing On Porn Sites

The New York Times reports: Silicon Valley’s biggest companies are always watching you — even when you’re browsing pornography websites in incognito mode. Trackers from tech companies like Google and Facebook are logging your most personal browsing details, according to a forthcoming New Media & Society paper, which scanned 22,484 pornography websites. Where that data ultimately goes is not always …

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BRITAIN: Airline Bills Woman For $105K After Disruptive Behavior Sparks Hijack Scare And Fighter Jets Escort

CNN reports: A passenger whose “extremely disruptive behavior” caused a flight to be diverted with a military escort has been sent a bill for £85,000 ($105,000) and permanently banned from the airline. Chloe Haines has been accused by British operator Jet2 of a “catalog of aggressive, abusive and dangerous behavior,” including “attempting to open the aircraft doors,” during a flight …

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Tariffs On Raw Materials To Shutter Ikea’s Only US Plant

CNN reports: Ikea is shutting down its only furniture factory in the United States. The Swedish company will end production this December at its plant in Danville, Virginia. Operations will move to Europe, where the company says it can cut costs. “We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions …

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Amazon Offer: $10 If You Let Us Track Your Browsing

Reuters reports: Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the websites you visit. The deal is for new installations of the Amazon Assistant, a comparison-shopping tool that customers can add to their web browsers. It fetches Amazon’s price for products …

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ARIZONA: Republican Gov Flip-Flops On Nike Plant

NBC News reports: Arizona Gov. Doug Ducey is ready to just do it: Change his mind and welcome Nike with open arms. Ducey initially tweeted last week that he was ordering the state’s commerce authority to “withdraw all financial incentive dollars” for Nike to build a plant in the city of Goodyear. His decision followed the sneaker company’s announcement that …

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Kohl’s Stores To Accept And Process Amazon Returns

The New York Times reports: It says volumes about the challenges facing brick-and-mortar stores that the “single biggest initiative” out of Kohl’s this year, according to the national retailer’s chief executive, is that it will now accept and process unwanted orders from Amazon. Kohl’s said on Monday that it was now accepting Amazon returns at its more than 1,100 stores …

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Poland: IKEA Worker Sues After Being Fired For Posting “Death To Gays” Bible Verses On Company’s Intranet

Catholic News Agency reports: An Ikea worker in Poland has filed a lawsuit after being fired last week for posting Bible verses opposing homosexual behavior on the company’s intranet. Tomasz K is suing after he was terminated from his position at the furniture store in Krakow. Poland Minister of Justice Zbigniew Ziobro has also asked the national prosecutor’s office to …

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Amazon Removes Books By “Father” Of Ex-Gay Torture

NBC News reports: Amazon has removed English-language books by a man largely considered “the father of conversion therapy” from its site following mounting pressure from LGBTQ activists. Dr. Joseph Nicolosi, founder of the now-shuttered Thomas Aquinas Psychological Clinic, as well as the National Association for Research and Therapy of Homosexuality (NARTH), authored several how-to guides directed to parents of LGBTQ …

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Boeing Pledges $100M To Victims Of 737 Max Crashes

The New York Times reports: Boeing said on Wednesday that it would allocate $100 million to help the families and communities affected by the recent crashes of two of its 737 Max jets. The move was among the most overt acknowledgment of Boeing’s responsibility in the crashes, which were caused in part by a malfunctioning anti-stall system on the new …

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Auto Industry Icon Lee Iacocca Dead At 94 [VIDEO]

CNBC reports: Lido Anthony Iacocca, the automobile industry legend best known as “Lee,” died at the age of 94 on Tuesday morning, his family confirmed. A child of Italian immigrants who grow up in humble conditions, Iacocca became one of the most powerful — and best known — executives in Detroit. Iacocca rose to become president of Ford Motor in …

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Arizona Gov Cancels Nike Incentives After Company Pulls Flag Sneaker: We Don’t Suck Up To Non-Patriots

ABC News reports: In a series of tweets early Tuesday, Arizona Governor Doug Ducey announced that he has ordered the Arizona Commerce Authority to withdraw all financial incentive dollars to encourage Nike to add a manufacturing plant in the Valley. Ducey’s decision stems from a Wall Street Journal report that said former NFL quarterback-turned-social justice activist Colin Kaepernick convinced Nike …

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Grubhub Under Fire For Making 34,000 “Copycat” Sites That Masquerade As Homepages For Restaurants

The New York Post reports: Grubhub has created thousands of Web sites that masquerade as the sites of restaurants — a practice that can jack up prices for hungry customers, The Post has learned. The online food-ordering giant, which also owns Seamless and Menupages, has scooped up more than 34,000 URLs since 2010 with names that are similar to restaurants’ …

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