JCPenney hires advisers to examine debt restructuring: report
Retailer JCPenney has reportedly hired advisers to examine debt restructuring opportunities, sources told Reuters.
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Iran seizes 2 vessels as Strait of Hormuz conflict escalates
A U.K. oil tanker in the Strait of Hormuz was seized by Iran’s Revolutionary Guard on Friday, the military branch said, claiming the vessel was operating against “international maritime laws and regulations.”
CBD craze forces Christian Book Distributors to change its name
Christian Book Distributors had been known by the acronym CBD, which is associated with cannabidiol, the non-psychoactive compound found in marijuana plants.
Neutrogena light therapy acne masks recalled due to potential eye injury risk
Neutrogena announced it has recalled its Light Therapy Acne Mask and Activator due to a risk of an eye injury.
Orlando to stop testing Amazon’s facial recognition software: report
The city of Orlando said it will stop testing Amazon’s facial recognition software, a report stated.
Krispy Kreme celebrating its birthday with dozen doughnuts deal, cake batter-filled treat
Krispy Kreme is celebrating its birthday with a deal on a dozen doughnuts plus a birthday cake batter-filled doughnut.
Arsonist kills 33 at Kyoto Anime studio, donations soar past $1M
Anime fans around the world started donating to a crowd-funding site that will help fund rebuilding efforts and support survivors.
Boeing announces $4.9 billion charge related to 737 Max jets grounding
Nearly a week ahead of Boeing’s second-quarter earnings release, the company on Thursday announced that it would take a $4.9 billion charge related to the grounding of 737 Max jets.
Arizona Iced Tea, Adidas sneaker NYC pop-up event reportedly led to injuries, arrests
What was meant to be a two-day pop-up event in New York to showcase a 99 cent sneaker collaboration between Arizona Iced Tea and Adidas reportedly turned ugly Thursday morning, leading to injuries, arrests and the closure of the event, officials said.
Jeffrey Epstein bail request denied, to be held in federal custody until trial
Federal prosecutors argued that Epstein was a flight risk because of his substantial wealth.
FDA warns ‘Big Penis’ stimulant has hidden drug ingredient
The Food and Drug Administration is letting people know the sexual-enhancement drug contains an active ingredient not listed on the box.
Berkeley bans natural gas in new homes, drops gendered language from city codes
More bans are being implemented in Berkeley, California.
FaceApp under fire as lawmakers ask FBI to review viral app
Sen. Chuck Schumer is calling for the FBI to look into the Russian company operating the app that morphs people’s faces to look older.
Richard Branson: Virgin Holidays won't sell tickets to attractions with captive whales, dolphins
Virgin Group founder Richard Branson announced in a blog post Monday that Virgin Holidays will stop selling tickets and promote attractions that “involve captive cetaceans, such as whales and dolphins.”
Man sets Kyoto anime studio on fire while screaming ‘you die,’ killing dozens
A man stormed the animation studio, spreading an unidentified liquid before lighting it on fire.
Kevin Spacey sexual assault case dropped: Still Netflix, Hollywood producers lost millions
Prosecutors in Massachusetts dropped their case against actor Kevin Spacey, who was accused of groping a young man in 2016.
Cruise ships are canceling their stops in Puerto Rico as unrest unfolds
Protests in the region have ocean liners pivoting their scheduled port stops in San Juan.
Streaming companies to see $12.5B in lost revenue by 2024 due to piracy, password sharing: report
An analysis by Parks Associates predicts OTT or over-the-top media services and pay-for-TV companies lost $9.1 billion in revenue and will grow to $12.5 billion in 2024 due to piracy or sharing account passwords.
Pearson shifts from print textbooks to digital: 'We’ve changed our business model'
British publisher Pearson announced Tuesday it was going to stop publishing college textbooks in print and will shift to digital instead.
Joaquin 'El Chapo' Guzman sentenced to life in prison
A federal judge in Brooklyn handed down the sentence Wednesday.