Uber Loses License to Operate in London – New York Times

Uber Loses License to Operate in London – New York Times

A ban on operating in one of its largest markets would certainly hit Uber’s bottom line. The company said it had 40,000 drivers and 3.5 million customers in London who used its app at least once every three months. Mr. Khosrowshahi, in a Twitter post on Friday afternoon, acknowledged that Uber was “far from perfect” […]

For weeks, Equifax customer service has been directing victims to a fake phishing site – The Verge

For weeks, Equifax customer service has been directing victims to a fake phishing site – The Verge

Earlier this month, hackers broke into Equifax’s servers and stole 143 million people’s personal information, including their Social Security numbers. In response to the attack, Equifax set up a website — www.equifaxsecurity2017.com — for possible victims to verify whether they’re affected. Because the process involves sharing sensitive information, consumers have to trust they’re entering their […]

Toys "R" bankruptcy: Why it went bust – CBS News

Toys "R" bankruptcy: Why it went bust – CBS News

Toys go in and out of style, but they’re an ever-present source of joy and wonder in children’s lives. So how did Toys “R” Us, the largest toy retailer in the U.S., end up bankrupt?  One possible culprit, the explosion in online shopping also wreaking havoc on other big-box stores, is certainly a factor. But […]

Northrop Grumman to buy missile maker Orbital for $7.8 billion – Reuters

(Reuters) – U.S. defense contractor Northrop Grumman Corp (NOC.N) said on Monday it would buy Orbital ATK Inc (OA.N) for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems and space rockets. The all-cash transaction is the biggest in the defense […]

Toys ‘R’ Us Plans Bankruptcy Filing as Soon as Today – Bloomberg

Toys “R” Us Inc., which has struggled to lift its fortunes since a buyout loaded the retailer with debt more than a decade ago, is preparing a bankruptcy filing as soon as today, according to people familiar with the situation. The Chapter 11 reorganization of America’s largest toy chain would deal another blow to a […]

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