Exclusive: Target hackers stole encrypted bank PINs – source
BOSTON/NEW YORK (Reuters) – The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar wit…
Japan PM Abe: Want to ensure sales tax hike won’t derail recovery
TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Wednesday that he wants to ensure that next year’s sales tax hike does not derail the economy from its recovery path.
U.S. urges China to implement planned economic reforms
WASHINGTON (Reuters) – The United States urged China on Tuesday to quickly implement planned reforms to open up its economy and said it will keep a close eye on progress as officials work to resolve remaining trade tensions with the world’s second-larg…
Strewth, a foreign Holden? GM hopes Australian icon will endure
SYDNEY (Reuters) – It’s as much a part of Australia as kangaroos, the Sydney Opera House or vegemite, and General Motors Co’s decision to stop manufacturing Holdens in the country looks like the marketing equivalent of a car crash.
A minicar named Hustler? Japan’s brand names raise eyebrows
TOKYO (Reuters) – Suzuki Motor Corp had little idea that the name “Hustler” for its new, boxy minicar aimed at outdoorsy Japanese customers might cause mirth among English speakers for its association with an adult magazine – but it’s not alone.
Detroit reaches deal to end interest-rate swaps
DETROIT (Reuters) – The city of Detroit reached an agreement on Tuesday with two banks to end a costly interest-rate swap agreement, a significant step as the city negotiates with creditors to put together a plan to exit the largest municipal bankruptc…
Exclusive: Target hackers stole encrypted bank PINs – source
BOSTON/NEW YORK (Reuters) – The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar wit…
Dow, S&P end at record highs in brief pre-holiday trade
NEW YORK (Reuters) – U.S. stocks scored modest gains on Tuesday as investors exercised restraint from making big bets in a short session ahead of the Christmas holiday, with the Dow and S&P 500 once again ending at record highs.
Analysis: In telecom merger mania, skeptical eye from Obama administration
WASHINGTON/NEW YORK (Reuters) – A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers.
SoftBank gets closer to buying T-Mobile: report
(Reuters) – Japan-based SoftBank Corp is in final stages of talks with T-Mobile parent company Deutsche Telekom about acquiring the U.S.-based wireless carrier, the Nikkei news service reported on Tuesday, citing anonymous sources.
