Neiman Marcus says hackers may have stolen payment card data
(Reuters) – Luxury department store chain Neiman Marcus said on Friday that hackers may have stolen customers’ credit and debit card information, the second cyber attack on a retailer in recent weeks.
Target breach worse than thought; states launch joint probe
NEW YORK/BOSTON (Reuters) – The data breach at Target Corp over the holiday shopping season was far bigger than initially thought, the U.S. company said on Friday, as state prosecutors announced a nationwide probe into the second-biggest retail cyber a…
Wal-Mart’s international finance chief to depart: WSJ
(Reuters) – Cathy Smith, Wal-Mart Stores Inc’s finance chief for the international division, will leave at the end of the month to take a “leadership position” at an unidentified company, The Wall Street Journal reported on Friday, citing internal comp…
GM recalling about 370,000 large pickups for possible fire issue
DETROIT (Reuters) – General Motors Co said on Friday it was recalling about 370,000 of its redesigned full-size Chevrolet Silverado and GMC Sierra pickup trucks globally to reprogram software that could cause parts of the exhaust to overheat and lead t…
Spain’s Sacyr says making progress in talks with Panama Canal
MEXICO CITY (Reuters) – Sacyr , the Spanish building company leading a consortium expanding the Panama Canal, said on Friday it was making progress in negotiations with the waterway’s operator over financing to avoid a damaging work stoppage on the mas…
As automakers use more aluminum, can providers expand fast enough?
DETROIT (Reuters) – With automakers’ demand for aluminum growing explosively as they seek to improve fuel efficiency, aluminum providers are selling out their automotive capacity almost as fast as they can build new plants, raising the question of whet…
Italian regulator brings civil suit against BlackRock fund manager
LONDON/MILAN (Reuters) – BlackRock Inc said on Friday that Italy’s market regulator has started civil proceedings against one of its fund managers alleging that he used inside information to sell shares in Saipem just before the oil services firm issue…
For stocks, earnings take center stage
NEW YORK (Reuters) – After the S&P 500’s impressive 30 percent return in 2013, Wall Street will get a better picture of reality next week as the pace of companies reporting earnings picks up.
Spain’s Sacyr says making progress in talks with Panama Canal
MEXICO CITY (Reuters) – Sacyr , the Spanish building company leading a consortium expanding the Panama Canal, said on Friday it was making progress in negotiations with the waterway’s operator over financing to avoid a damaging work stoppage on the mas…
Weak jobs growth unlikely to derail QE cuts: Fed officials
INDIANAPOLIS/RALEIGH, North Carolina (Reuters) – Another cut to bond purchases appears in the offing this month despite data that showed U.S. jobs growth slowed sharply in December, two top Federal Reserve officials said on Friday.