Parting ways: Three of the nation’s top executives have resigned from a federal panel created to advise President Donald Trump. Under Armour CEO Kevin Plank and Intel CEO Brian Krzanich, according to The Associated Press, have joined Merck CEO Kenneth Frazier in resigning from Trump’s business advisory council after what some believe was the president’s inadequate response to weekend violence involving white supremacists and neo-Nazis that converged on a Virginia town. Now, others are pushing for more executives to refuse to serve the president. Read more.
A piece of the pie: Pizza chains are turning to sites like Amazon.com and Facebook to bolster sales and undercut competition by making it easier for customers to order and pay for their food. Bloomberg reports TGI Fridays is letting customers foot the bill using their Amazon accounts while Papa John’s began accepting orders on Facebook in June. The service was an instant hit. Domino’s and Pizza Hut, meanwhile, have been experimenting with chat bots since last year. These platforms let users maker orders via Facebook Messenger and Twitter Inc.’s service. Read more.
Carbon copy: Costco must pay luxury retailer Tiffany’s more than $19 million for selling more than 2,500 counterfeit rings. The Washington Post reports a federal judge ruled on Monday that Costco management “displayed at best a cavalier attitude toward Costco’s use of the Tiffany name in conjunction with ring sales and marketing.” The judge has also barred Costco from using the stand-alone word “Tiffany” to describe any products that aren’t connected to the famous jewelry brand. Costco says it will appeal the ruling. Read more.
