Uber may face German setbacks
Uber Technologies Inc., maker of the ride-hailing application that’s fighting bans by two German cities, may face additional setbacks in the country as other communities weigh blocking or restricting the service. The Munich and Dusseldorf administrations agree with Berlin and Hamburg that those offering rides via Uber’s smartphone app need a cab driver’s license.
Macy’s to settle racial-profiling probe
Macy’s has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in New York City’s Herald Square.
Under the agreement signed Tuesday with New York’s attorney general, the retailer will adopt new policies on police access to its security camera monitors and against profiling, further train employees, investigate customer complaints, keep better records of detentions and report for three years on its compliance.
Iconic cutlery maker files for bankruptcy
Lamson & Goodnow Manufacturing Co. of Shelburne Falls, Mass., the nation’s oldest cutlery manufacturer, has filed for bankruptcy after 177 years of making knives and other kitchen tools.
Founded in 1837, the company has been owned by James Ross Anderson since 1998.
Berkshire to pay $896K to settle suit over USG
Warren Buffett’s Berkshire Hathaway Inc. agreed to pay $896,000 to settle claims that it violated antitrust laws when it acquired USG Corp. stock without reporting the transaction, after getting an earlier pass from regulators for the same infraction. Berkshire failed to notify federal regulators about converting USG notes into stock in December, the Justice Department and the Federal Trade Commission said Wednesday.