Bloomberg With the pandemic intensifying the plight of US retailers, companies from J Crew Group Inc to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores. By seeking court protection, firms like Neiman Marcus Group Inc and the parent company of Men’s Wearhouse avoid the ...

Bloomberg Macy’s Inc was targeted in one of the first lawsuits against users of the controversial facial-recognition software made by startup Clearview AI. An Illinois woman filed a proposed class action against Macy’s in federal court in Chicago, alleging the department store chain violated the state’s Biometric Information Privacy Act by using Clearview software to identify shoppers from security-camera footage. ...

Bloomberg Mall operator Simon Property Group Inc. has been in talks with Amazon.com to turn some empty store space formerly occupied by anchor tenants such as JC Penney Co Inc and Sears Holdings Corp into Amazon fulfillment centres, Dow Jones reported, citing people familiar with the matter. The discussions started before the coronavirus pandemic, with the two companies exploring the ...

Bloomberg Riot police detained thousands of protesters in Belarus in clashes after Alexander Lukashenko claimed a landslide victory in presidential elections to extend his 26-year rule amid opposition accusations of massive fraud. About 3,000 people were held by law enforcement including 1,000 in the capital, Minsk, the Interior Ministry said on Monday in a website statement. Protests took place in ...

Bloomberg Pakistan’s anti-graft court indicted former President Asif Ali Zardari on charges of corruption, as the opposition groups accused the government of Prime Minister Imran Khan of persecution. Azam Khan, a judge of an accountability court, formally framed charges against Zardari for buying assets overseas from undeclared sources, Muzafar Abbasi, a deputy prosecutor at the National Accountability Bureau, said by ...

Bloomberg China said it will sanction 11 Americans in retaliation for similar measures imposed by the US, but the list doesn’t include any members of the Trump administration. Those sanctioned include Senators Marco Rubio, Ted Cruz, Tom Cotton and Pat Toomey; Congressman Chris Smith; Human Rights Watch Executive Director Kenneth Roth; National Endowment for Democracy President Carl Gershman; and Michael ...

Bloomberg Boris Johnson promised to re-write laws he says make it “very difficult” to deport migrants and asylum seekers ruled to have no right to stay in the UK, as pressure builds on his government to stem the flow of small boats crossing the English Channel from France. More than 4,000 people have reached the British coast this year by ...

Bloomberg Chicago authorities are restricting access to the city’s downtown after caravans of looters smashed windows, damaged storefronts and stole merchandise across downtown overnight, leading to the arrests of more than 100 people. Two people, a civilian and a security guard, were shot amid the melee, as crowds descended overnight on major commercial areas, including the iconic Magnificent Mile, Superintendent ...

Bloomberg The Philippines’ navy chief is urging the government of President Rodrigo Duterte to file a diplomatic protest against China over the presence of two Chinese survey ships at an oil-rich disputed area in the South China Sea. The surveillance vessels were spotted in Reed Bank last week and have no clearance from the Philippine government, Vice Admiral Giovanni Bacordo ...

Bloomberg The Reserve Bank of India’s (RBI) monetary policy review has come and gone but it’s done little to calm traders’ nerves over an unprecedented government bond supply. Their patience is running thin as the RBI refrained from taking steps to ease the market’s debt burden at a policy review last week, even as the government plans to sell 12 ...