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1.3 million losing unemployment benefits Saturday

December 28, 2013 WASHINGTON — More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, with potentially significant... more »»

Target: Customers’ encrypted PINs stolen

December 28, 2013 ATLANTA — Target said Friday that debit-card PINs were among the financial information stolen from millions of customers who shopped at the retailer earlier this month. more »»

Weekly US jobless claims drop 42K to 338K

December 27, 2013 WASHINGTON — The number of Americans applying for unemployment benefits dropped by 42,000 last week to a seasonally adjusted 338,000, the biggest drop since November 2012. more »»

Suit: IPO bad for Empire State Building investors

December 27, 2013 NEW YORK — Thousands of stakeholders in the Empire State Building lost more than $400 million in potential profits when the managing owners rebuffed potential buyers in order to sell public shares i... more »»

Weak US card security made Target a juicy target for hackers

December 23, 2013 NEW YORK — The U.S. is the juiciest target for hackers hunting credit card information. And experts say incidents like the recent data theft at Target’s stores will get worse before they get better. more »»

Apple reaches deal to bring iPhone to China Mobile

December 23, 2013 NEW YORK — Apple says it has reached a deal to bring the iPhone to China Mobile, the world’s biggest phone carrier. The deal ends a lengthy courtship and could boost sales of the iPhone in Chin. more »»

US economy expands at 4.1 pct rate

December 21, 2013 WASHINGTON — The U.S. economy grew at a solid 4.1 percent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously thought. more »»

Stores open for 100 hours to attract shoppers

December 21, 2013 NEW YORK — Some stores are ending the holiday shopping season the same way they began it — with round-the-clock, marathon shopping hours. more »»

Target: 40 million card accounts may be breached

December 20, 2013 Target is grappling with a data security nightmare that threatens to drive off holiday shoppers during the company’s busiest time of year. more »»

Oil rises, natural gas prices soar

December 20, 2013 The price of oil rose 1 percent Thursday as stockpiles declined and new indications that demand is rising in the U.S., the world's largest crude consumer. more »»

Fed will reduce bond purchases by $10B in January

December 19, 2013 WASHINGTON — The Federal Reserve has sent its strongest vote of confidence in the U.S. more »»

Neiman Marcus posts 1Q loss on expenses

December 19, 2013 DALLAS — Neiman Marcus Group Ltd. on Wednesday posted a loss for its fiscal first quarter due to costs tied to its recent acquisition, along with other unusual costs. more »»

Year-end agreement: Budget heads to final passage

December 18, 2013 WASHINGTON — Year-end legislation to ease Congress’ chronic budget brinkmanship and soften across-the-board spending cuts moved to the cusp of final passage Tuesday, a rare display of Senate... more »»

ABC to judge: Throw out 'pink slime' lawsuit

December 18, 2013 ELK POINT, S.D. — A lawyer for ABC is asking a judge to throw out a defamation suit over its coverage of a meat product called lean, finely textured beef. Beef Products Inc. more »»

Bernanke: Bold actions critical in Fed’s 100 years

December 17, 2013 WASHINGTON — Joined by his two predecessors, Ben Bernanke marked the 100th anniversary of the Federal Reserve by reflecting on the bold actions past chairmen have had to take in the best interest of... more »»

NORAD Tracks Santa, critics track NORAD

December 17, 2013 DENVER — The U.S. and Canadian military will entertain millions of kids again this Christmas Eve with second-by-second updates on Santa’s global whereabouts. more »»

Electrical waste up by third by 2017

December 16, 2013 BERLIN — The mountain of refrigerators, cellphones, TV sets and other electrical waste disposed of annually worldwide is forecast to grow by a third by 2017, according to a U.N. study released Sunday. more »»

NKorean official: Purge won’t hurt economic policy

December 16, 2013 PYONGYANG, North Korea — A senior North Korean official said Sunday that the execution of leader Kim Jong Un’s once-powerful uncle will not lead to changes in economic policies and vowed that the... more »»

Names & Notes

December 15, 2013 Bloom to retire after 40 years Curt Hoff, president of United Bank & Trust, announced Michael Bloom, senior vice president and senior trust officer of United Bank & Trust, Marshalltown, will be... more »»

Ireland faces more austerity as bailout era ends

December 14, 2013 DUBLIN — Ireland’s three-year bailout ordeal ends this weekend, a victory in its battle against bankruptc. more »»

 
 

 

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