Millions of Target shoppers face new debit card limits
NEW YORK (Reuters) – At least 2 million shoppers who used bank debit cards at Target Corp stores during its recent data breach are facing lower limits on how much cash they can take out of teller machines and spend at stores.
Boeing machinists to vote on company’s revised offer, union says
CHICAGO (Reuters) – Unionized workers at Boeing Co who resoundingly rejected a proposed contract last month will get a chance to vote on the company’s latest offer, the union’s national office said on Saturday, despite opposition to the revised deal fr…
Pop Milano appoints ex-minister as head of supervisory board
RHO, Italy (Reuters) – Banca Popolare di Milano’s shareholders appointed former Italian minister Piero Giarda as chairman of a newly elected supervisory board on Saturday, ending a deadlock that was hampering the launch of a planned rights issue of new…
Deutsche Bank says reviewing litigation reserves: report
FRANKFURT (Reuters) – Germany’s largest lender Deutsche Bank has signaled it might have to set aside more money for potential future litigation costs, following its $1.9 billion settlement with a U.S. mortgage market regulator.
With Fed out of the way, what’s next on Wall Street?
NEW YORK (Reuters) – With the U.S. Federal Reserve finally announcing it will start tapering its stimulus, removing a big uncertainty in the market, can Wall Street expect a stronger finish to the year? Not really.
Chinese hotelier feared dead in French helicopter crash
BORDEAUX, France (Reuters) – A Chinese hotel magnate and a French wine entrepreneur were feared dead with two others on Saturday after their helicopter crashed hours after they had agreed the sale of a luxury Bordeaux chateau, police said.
Japan forecasts GDP growth of 1.4 percent for fiscal 2014
TOKYO (Reuters) – The government forecast on Saturday that Japan’s real gross domestic product will grow by 1.4 percent for the fiscal year starting March 2014, slowing from an expected 2.6 percent growth for the current year as a planned sales tax inc…
China aims for target of 6 million public homes in 2014
BEIJING (Reuters) – China aims to start building at least 6 million units of public housing next year, state media said on Saturday, reinforcing a government effort to supply more low-cost homes to counter record property prices.
Pressure builds as retailers near the holiday finish line
NEW YORK/LOS ANGELES (Reuters) – After buying and remodeling a home, Karin Gilles and her husband, Dave Muilenburg, are not splurging on holiday gifts this year – no matter how drastically retailers slash prices to lift sales in a shopping season that …
Analysis: Lost Brazil order raises threat to Boeing fighter jets
WASHINGTON (Reuters) – Brazil’s decision to buy Swedish fighter jets instead of F/A-18 Super Hornets from Boeing eliminates its most promising foreign-sales prospect just as the U.S. company faces critical decisions about extending the jet’s production…