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British tour operator Thomas Cook collapses, bookings canceled

British tour operator Thomas Cook collapsed after failing to secure rescue funding, and travel bookings for its more than 600,000 global vacationers were canceled early Monday.

US hotels caught in clash over housing detained migrants

Advocacy groups and unions are pressuring Marriott, MGM and others not to house migrants who have been arrested by Immigration and Customs Enforcement officers.

Lawsuit alleges Apple violated consumer fraud laws

Phone owners from several states sued Apple Inc. for not disclosing sooner that it issued software updates deliberately slowing older-model phones so aging batteries lasted longer, saying Apple’s silence led them to wrongly conclude that their only option was to buy newer, pricier iPhones.

 
London to not renew Uber’s operating license

Uber Technologies may have hit a London wall. The British capital has decided not to renew the ride-hailing app’s licence, citing an irresponsible approach to safety and security.

GM’s failure to disclose faulty ignition switches was criminal, DOJ says

U.S. Justice Department investigators have identified criminal wrongdoing in General Motors Co’s failure to disclose a defective ignition switch, and they are negotiating what is expected to be a record penalty, the New York Times reported on Friday.

 
Richest man in China has bad week after $15 billion loss

The chairman of solar panel firm Hanergy lost $15 billion on Wednesday when shares in the company plummeted 47% in Hong Kong trading — in about an hour. The company saw $18.6 billion wiped off its market value.

Feds investigate possible Goodwill security breach

The nonprofit organization Goodwill said late Monday that it was contacted Friday by a payment card industry fraud investigative unit and federal authorities who said payment card numbers may have been stolen from some U.S. stores.