Talking Points


Rapid7 buys Komand


Rapid7 buys Komand

Boston-based corporate network security company Rapid7 Inc., has purchased another Boston company, Komand, which builds security automation systems. Rapid7 analyzes activities on corporate networks, to identify security vulnerabilities and hacking attacks. Komand makes a system that automates responses to security threats, enabling users to respond more quickly. Financial terms of the transaction were not disclosed, but it’s not expected to have a material impact on Rapid7’s 2017 revenue and earnings. As part of the deal, Rapid7 has awarded 270,000 shares of common stock to 12 Komand employees as an inducement to stay with the company. — HIAWATHA BRAY


Bank of America, Goldman post earnings

When Bank of America Corp. and Goldman Sachs Group Inc. posted earnings Tuesday, one had record income from lending while the other had better-than-expected trading. The surprise is which was which. Goldman Sachs, the vaunted trading house, pointed to growth in its effort to lend to wealthy people as a bright spot. Bank of America, with 4,500 branches across the United States, relied on a smaller drop from its trading unit to help beat revenue estimates. Weakness at each bank’s bread-and-butter business sent shares of the firms falling despite both topping profit expectations. Goldman Sachs trailed rivals for a second straight quarter in fixed-income trading, while Bank of America posted a surprise decline in net interest income, which is a fundamental part of banks’ revenue. — BLOOMBERG NEWS


British advertising group cracks down on gender stereotypes in ads

One ad for baby formula showed a little girl growing up to be a ballerina and a little boy becoming a mathematician. Another ad, for a weight-loss drink, asked if viewers were “beach body ready” and showed a bikini-wearing woman whose bronzed image, critics said, promoted an unrealistic standard of beauty. A third ad, for the video game “Game of War,” showed actress Kate Upton scantily dressed on a horse, making it seem as if sexual desirability were a prerequisite for leadership. Britain’s advertising regulator, reacting to these ads and similar ones, announced Tuesday that new rules would be developed to ban advertising that promotes gender stereotypes or denigrates people who do not conform to them; sexually objectifies women; or promotes unhealthy body images. — NEW YORK TIMES


Chipotle closes Virginia restaurant due to illnesses


Chipotle’s efforts to move past its food scares have been complicated by fresh reports of illnesses, which prompted it to temporarily close a restaurant this week. The company said Tuesday that it closed the restaurant in Sterling, Va., after it became aware of a ‘‘small number’’ of reported illnesses consistent with norovirus. The news sent its shares down more than 4 percent as skittish investors worried about the chain’s past food scares. The company said it planned to reopen the restaurant, which is in a suburb of Washington, D.C., on Tuesday after a ‘‘complete sanitization,’’ but did not provide a specific time. Chipotle has been working to bounce back from food scares that included an E. coli outbreak in the fall of 2015 and a norovirus case in Boston later that year. It subsequently said that it made tweaks to cooking methods and added training for employees to tighten its safety measures. — ASSOCIATED PRESS


Pizza Hut to hire 14,000 drivers

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Pizza Hut will hire 14,000 drivers this year as the restaurant chain plays catch-up with rivals in delivery, an area that’s fueled much of the industry’s growth in recent years. The company will add about 3,000 drivers a month through the end of this year, Pizza Hut said in a statement Tuesday. The pizza chain also is using a new algorithm to better predict delivery times, as well as relying on Google Maps to improve its accuracy. Pizza Hut, a chain that built its reputation on sit-down pizza service, is adapting to an industry where delivery rules. Domino’s Pizza Inc. and Papa John’s International Inc. have spent years making it easier to order — via mobile apps and loyalty programs — and have the food dispatched quickly to customers’ front doors. — BLOOMBERG NEWS


Harley-Davidson stock falls as sales lag

Shares in Harley-Davidson tumbled more than 5 percent after the company reported lagging retail sales and shipments as new riders opted for used motorcycles over newer, more expensive ones. The company lowered its guidance for motorcycle shipments in 2017 by about 6 to 8 percent as retail sales of Harley-Davidson motorcycles fell 9.3 percent in the United States and 6.7 percent globally from the same quarter last year. Motorcycle shipments for the second quarter fell 7.2 percent from last year’s second quarter. The company said it is strategizing how to better balance sales of new and used motorcycles as the industry tries to attract millennials and other young adult riders. — ASSOCIATED PRESS


Anarchists damage more than
60 stores
in Athens

The mayor of Athens says more than 60 stores have been damaged in the city’s busiest shopping area following a violent protest organized by anarchist groups. George Kaminis visited Athens’ central Ermou Street early Tuesday, and said the violent protesters were trying to bring the city’s commercial activity ‘‘to its knees.’’ Late Monday, dozens of youths carrying hammers and metal bars smashed storefronts before being dispersed by police who used tear gas. Thirteen people were detained for questioning and later released, and one other was arrested on unrelated charges. The protest was sparked after an Athens court rejected a motion to suspend a sentence for a 29-year-old teacher who was convicted of being a member of militant anarchist group. — ASSOCIATED PRESS


New British
10-pound note features
Jane Austen,
tactile features for visually impaired

The United Kingdom’s 10-pound banknotes are evolving. The new bills, which replace the image of naturalist Charles Darwin with that of early-19th century novelist Jane Austen, will be issued on Sept. 14 and will be the first to include a tactile feature to help the visually impaired, Bank of England Governor Mark Carney announced Tuesday. The note will be made of durable polymer — which the UK central bank introduced for the five-pound note last year — and include a series of raised dots in the top left corner to help the blind and partially sighted. The old paper currency will be withdrawn in spring 2018. — BLOOMBERG NEWS


CSX to appeal
$3.9m verdict in movie production’s accidential death


A railroad owner plans to appeal a jury’s decision that it must pay $3.9 million to the family of a movie worker killed on a Georgia railroad trestle in 2014, a spokesman for the company said. The jury in Savannah decided in a civil verdict Monday that CSX Transportation shared in the blame for the deadly freight train collision even though the film crew was trespassing. The parents of Sarah Jones sued CSX in Chatham County State Court, saying the railroad shared blame for their daughter’s death. The 27-year-old camera assistant died in the crash Feb. 20, 2014, during the first day of shooting ‘‘Midnight Rider,’’ an ill-fated movie about Gregg Allman of the Allman Brothers Band. — ASSOCIATED PRESS