Business Beat for Wednesday, Nov. 19, 2014

SHARE Business Beat for Wednesday, Nov. 19, 2014
SHARE Business Beat for Wednesday, Nov. 19, 2014

Consumer group lists ’10 worst toys’ for kids

A bow that shoots illuminated arrows and the “Catapencil” are among an annual list of unsafe toys released Wednesday.

Not-so-free credit scores costing Dallas company $22 million

One Technologies agreed to pay $22 million to settle charges it billed customers for monthly credit monitoring they didn’t sign up for.

Animal rights group releases slaughterhouse video

Mercy for Animals says it has secretly documented abuse at a Chattanooga chicken processing plant owned by Park Ridge-based Koch Foods.

Discover’s rewards program changes to cost it $178 million

Discover is removing minimums for customers to redeem points and no longer stripping clients of rewards if they’re late in paying. [Bloomberg]

Now you can recharge yourself and your phone at Starbucks

Starbucks unveiled Powermat wireless charging in about 200 stores in the San Francisco area on Wednesday. Other major markets will be added in 2015. [Entrepreneur]

US stocks drift lower after release of Fed minutes

Stocks closed lower for the first time this week as the market edged below the record high it set the day before.

ALSO: Fed sees solid US economy, despite new threats

Business accelerator Matter raises $4.4 million

Matter, a business accelerator for health and biopharma companies, has raised $4.4 million from companies such as AbbVie, Comcast and State Farm.

Boeing eyes revamp, possible sale, of cyber business

Boeing is reevaluating its cybersecurity business and could divest or reassign some units as it focuses more on a few critical areas. [Reuters]

McDonald’s Moscow restaurant reopens after 3-month shutdown

It’s an optimistic sign for a company trying to return to business as usual in Russia, [Bloomberg]

So much for hospitality. Hotel charges couple for negative review on social media

A British budget hotel that fined a couple $156 for writing a bad review about it online has agreed to pay them back.

Banking industry culture fosters cheating: study

A team of Swiss economists tested the honesty of bank employees in a lab game that would pay off in cash if they cheated.

Staples to close more stores

The office supply retailer delivered a solid third-quarter performance and fourth-quarter forecast on Wednesday.

Target rebounding from data breach

Target’s profit rose 3.1 percent as its U.S. business rebounded from a massive data breach that occurred just before Christmas last year.

VW recalls 442,000 cars to fix suspension problem

Volkswagen says rear suspensions can fail on Jettas and Beetles if the cars aren’t fixed properly after a crash.

JetBlue puts the squeeze on passengers

JetBlue is adding seats to its planes, meaning less legroom for everyone, and it is adding bag fees for passengers who fly on its cheapest tickets.

A new hospital gown covers one of the gaps in U.S. health care

A Detroit-based health system is rolling out a new patient gown that aims to offer a little more style, comfort and rear coverage.

The Latest
Tyshon Brownlee, 19, is accused of shooting Dakotah Earley earlier this month in Lincoln Park, an attack that was caught on video and showed Earley yelling out the passcode of his phone as Brownlee shot him three times, according to police.
An Auburn alum, Coleman was a third-round pick by the Browns in 2016. He started all 16 games for the Browns in 2017 when they famously went winless, but hasn’t appeared in a game since.
Ryan Pedon begins Illinois State tenure by adding two players through transfer portal while making nine offers.
Students and a faculty member at Phillips Academy H.S. have taken the meals into a photo studio to shine a light on the often unappetizing offerings.
As silent movie people invade the sumptuous manor, some of the family ventures to France to provide additional eyefuls.