-
Target May Owe You Up To $10,000 From Data Breach
Thursday, March 19, 2015 - 9:44am | 177Read More...Target Corporation (NYSE: TGT) has agreed to a $10 million settlement with lawyers for its 2013 data breach, Engadget has reported. CBS News reported at the same time that the company could pay individuals up to $10,000 each in damages. Target's spokesperson Molly Snyder told CBS that the...
-
Airline Stocks Down Sharply Over Past Month As Ebola Scare Continues
Thursday, October 9, 2014 - 1:02pm | 255Read More...Airline stocks have been trending lower over the past month likely due to the recent Ebola virus scare. The Amex Airline Index is down roughly 10.75 percent over the last month, falling from $88.49 to $77.80. Beginning in late September, the Center For Disease Control (CDC) confirmed the...
-
GM and Ford Brace for Potential Strikes
Thursday, September 13, 2012 - 8:44am | 505Read More...After a summer of repeated recalls and increased sales, Ford (NYSE: F), General Motors (NYSE: GM) and Chrysler have been able to stand strong and pull out decent quarters. However, the automakers may have bigger issues in the autumn months, as strike preparations are underway in Canada that...
-
Retail Store Sales Relatively Decent Across the Board
Thursday, July 5, 2012 - 5:59pm | 696Read More...Following Independence Day, many major retail chains reported same store sales that beat or remained in-line with estimates. At a time when sales are usually plentiful and shoppers can be found traipsing the malls for hot summer deals, June brought about sweltering competition and few surprises to...
-
Pinnacle Airlines Dives into Bankruptcy Filing Following Tempestuous Year
Monday, April 2, 2012 - 11:28am | 676Read More...Taking flight comes at a high cost to the consumer these days, but as it turns out the airline companies themselves have taken the biggest blow of all. Rather than continue to experience turbulence under wraps, Pinnacle Airlines (NASDAQ: PNCL) has filed for Chapter 11 bankruptcy protection as of...
-
Will Failing to Raise the Debt Ceiling Have Disastrous Consequences?
Monday, May 16, 2011 - 11:27am | 519Read More...Treasury Secretary Timothy Geithner has previously warned that Monday is the day of reckoning—the U.S. government has reached its legal debt limit. Although Geithner has claimed that he can prolong the consequences of that fact an additional 11 weeks, he steadfastly worked in various testimonies...
-
Chaos In The Egyptian Stock Market, Massive Losses (EGPT)
Thursday, January 27, 2011 - 10:06am | 321Read More...The Egyptian stock market experienced panic as the market nosedived 6.25% in 15 minutes yesterday, according to CBS News. Today, Egyptian stocks plunged even further, over 10% as the selling frenzy continues, according to the Wall Street Journal. The Egyptian stock market even tried halting trading...
