Barneys will pay $525K to settle racial profiling allegations

Upscale retailer Barneys New York will pay $525,000 in penalties to settle racial profiling complaints. The settlement came after a nine-month-long investigation launched by the New York State Attorney's office when two black customers at the flagship store on Madison Avenue said they were falsely accused of credit card fraud. New York State Attorney General Eric Schneiderman said in a statement that the agreement "will correct a number of wrongs, both by fixing past policies and by monitoring t...