Seven things to know Wednesday morning

German brands enjoy World Cup rout of Brazil; European companies take advantage of 'right to be forgotten;' Citi close to settlement with feds; Uber agrees to cap 'surge pricing' during emergencies; Florida agency split gets nasty; The latest in negotiations between Hachette and Amazon.

Germany humiliated the Brazilian national team 7-1 in its own country on Tuesday, sending many Brazilian fans into hysterics. Brands, many with German roots, got in on the action as well. Here’s how Visa, Volkswagen, Red Bull, Audi, Adidas, and DiGiorno Pizza responded to the rout.


European firms that monitor the web for positive or negative mentions of clients are getting requests to help corporations remove unflattering links from Google after the landmark "right to be forgotten" ruling by a European Union high court in May. Last week, a BBC editor was informed by Google that a story he worked on about former Merrill Lynch CEO Stan O’Neal would be removed from search results.

Citigroup is close to agreeing to pay $7 billion to settle a federal investigation into whether it defrauded investors on mortgage securities in the years before the global financial crisis, according to multiple reports.

The former principals of Fort Lauderdale, Florida, agency Bitner Goodman are in court less than a month after the firm split up. Former Bitner Goodman president Gary Bitner is claiming that former colleagues raided his office, leaving him unable to work with clients.

Department of Veterans Affairs official James Tuchschmidt apologized to a congressional committee on Tuesday night for the federal agency’s retaliation against whistleblowers and others who complained about its practices.

Uber reached an agreement with New York State on Tuesday that would limit the service’s use of "surge pricing" during emergencies. Uber said fares could still be higher than normal during an emergency, or other high-traffic periods, but it will cap the price spike. It also announced a partnership with the Red Cross.


The dispute between book publisher Hachette and Amazon got more intense on Tuesday when Amazon proposed authors could keep all revenue from e-book sales while negotiations continue. Hachette hastily rejected the offer.

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