Business

CBS News reports: When publicly listed companies disclose risks for shareholders in their filings with the Securities and Exchange Commission, they typically cite business factors such as potential economic downturns, labor costs and currency fluctuations. But a new threat is starting to appear in annual earnings reports: The danger of getting shot. The Cheesecake Factory and Dave & Buster’s Entertainment …

CNBC reports: Barneys New York, an icon of New York retail, filed for bankruptcy early Tuesday morning, with a plan to significantly reduce its footprint, as it looks for a buyer to stave off liquidation. The retailer said it will focus on running only 5 of its more than 10 namesake stores: on New York’s Madison Avenue, in downtown Manhattan, …

Axios reports: U.S. Treasury Secretary Steven Mnuchin on Monday night declared China to be a currency manipulator, just hours after the Chinese government allowed the yuan to slip below a 7-to-1 dollar ratio for the first time in over a decade. Why it matters: This is a further ratcheting up of trade tensions between the two countries, and also marks …

Bloomberg reports: Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year and sparking a rally in global bonds. Gold surged with the yen. The S&P 500 Index plunged about 3% and losses in the Dow Jones Industrial Average surpassed 750 points. Apple and IBM slid at least 4.5% …

Reuters reports: Walmart Inc, the largest firearms retailer in the country, said on Monday there has been no change in company policy on firearms sales after two mass shootings over the weekend. The company has issued no directives to stores around the country to change its policy, spokesman Randy Hargrove told Reuters. Walmart stopped selling assault-style rifles in 2015 and …

NBC News reports: China shot back on Friday after President Donald Trump announced on Twitter that the U.S. would impose an additional 10 percent tariff on $300 billion in Chinese imports starting next month. Chinese foreign ministry spokeswoman Hua Chunying called Trump’s move a “serious violation” and warned Beijing would have to take “necessary countermeasures” if the tariffs were imposed. …

NBC News reports: The three largest U.S. airlines presumed that President Donald Trump would take their side in a ferocious, yearslong dispute with Persian Gulf-based airlines — if they could just get his attention. They got his attention, by way of TV ads the president saw on Fox News. But when Trump finally gathered executives from both sides of the …

The Associated Press reports: The fight to save the seas from plastic waste may mean the end for mini bottles of shampoo and other toiletries that hotel guests love to stuff into their luggage. The owner of Holiday Inn and InterContinental Hotels says Tuesday that its nearly 843,000 guest rooms are switching to bulk-size bathroom amenities as part of an …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …