Lego's sales decline signals a change coming

Lego is replacing its CEO and looking to simplify operations after seeing its first revenue decline in 13 years. David Robertson, professor at The Wharton School, believes slower growth is to be expected in a more digital world and that the company can benefit from more competitive pricing.

Student-loan companies fined $21.6 million
Reuters

A student-loan company and a debt collector are facing $21.6 million in fines after a three-year investigation by the Consumer Financial Protection Bureau. National Collegiate Student Loan Trusts and Transworld Systems took in $3.5 million that was not owed, according to the settlement.

Tusk, May to discuss stalled Brexit talks

Donald Tusk, president of the European Council, said he will meet with UK Prime Minister Theresa May in London next week to discuss Brexit. Negotiations between the EU and UK have stalled with little progress made in recent weeks.

Wegmans ranked among best workplaces for women

Wegmans Food Markets was recognized by Great Place To Work and Fortune magazine as one of the top workplaces for women. Wegmans came in at No. 7 on the list of 100 companies, and grocery players Publix Super Markets and Nugget Markets were ranked at No. 39 and No. 95, respectively.

Connected medical devices raise hacking concerns
ASME

Pacemakers, implanted cardiac defibrillators and insulin pumps are among the wirelessly connected medical devices raising the greatest concern over possible cyberhacking. Federal agencies and lawmakers are looking into the potential for mischief or much worse and suggesting, among other things, that manufacturers find ways to share information to provide a timely response to vulnerabilities as they're discovered.

Twitter joins Facebook, Google in stopping hate-targeted ads

Twitter has rectified the "bug" on its site that enabled advertisers to target users based on their racist or otherwise offensive tweets or handles. The move comes as Facebook and Google were also revealed to have let advertisers target users based on hate content, and both have since introduced their own measures to fix the issue.

Environmental inspections in China slow supply chains

Authorities in Shanghai, Beijing and South China's Pearl River Delta are working to meet required air-quality goals with environmental inspections, but they're slowing down "tens of thousands" of factories as a result, said Gary Huang, head of the supply chain committee at the American Chamber of Commerce in Shanghai. Some factories face shutdowns, others temporary closures, but all are affecting delivery timelines and hampering supply chains, he said.

Apple iMessage payments misses new OS release

The new payment program designed to come as part of Apple's iMessage program will not be released with iOS 11, due to be rolled out today. The new operating system will include significant updates to the App Store with a redesigned platform that heavily features games.

GSK, Innoviva's Trelegy Ellipta for COPD wins FDA nod
Reuters

The FDA approved GlaxoSmithKline and Innoviva's triple drug inhaler Trelegy Ellipta, a combination of fluticasone furoate, umeclidinium and vilanterol, as a treatment for patients with chronic obstructive pulmonary disease. Asthma and acute bronchospasm were not included in the indication of the drug, the companies said.

Comcast unveils SD-WAN for ActiveCore platform

Comcast has released its ActiveCore networking platform, which offers support for virtualized network functions, including the company's own SD-WAN offering. SD-WAN has been in beta testing since May to find out how it functions on the ActiveCore platform.

Wildfire prevention efforts stymied as funds go to fighting fires

A particularly active wildfire season is straining resources across the West, leading to a harder look at preventive measures such as controlled burns and forest thinning. One problem, however, is that funding funneled into suppression efforts once fires start subtracts from budgets for needed efforts to prevent fires in the first place.

Bank of America on road to $125B environmental commitment

Bank of America says its sustainable development investments are profiting not only the company but communities and the US at large. Its business units invested more than $12.6 billion from 2013 to 2016, mostly in the energy efficiency market, and the company has set a long-term goal of $125 billion in such investments.

FAA chief tours Ark. airports

Federal Aviation Administration Administrator Michael Huerta toured Rogers Executive Airport in Arkansas, which hosts the Walmart corporate fleet. Today, Huerta planned to visit Northwest Arkansas Regional Airport and Bentonville Municipal Airport.

Bay Area sees thriving luxury hotel sector

The 131-key San Francisco Proper hotel opened this month, and the 196-key Virgin San Francisco hotel will open by year's end. A 203-key Yotel is also coming to the city this year.