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February Home Sales Up Slightly from January

February Home Sales Up Slightly from January

iStock/Thinkstock(WASHINGTON) — U.S. home sales were up in February, but not by much. Sales of existing home sales rose just 1.2 percent last month, showing a modest rebound after plunging in January.Thanks to improved employment, easier financing and low mortgage rates, the National Association of Realtors had predicted that home sales would continue to grow throughout the year. But the group now says sales are still underperforming.National Association of Realtors Chief Economist, Lawrence Yun, said that sales were first “hampered by some bad weather in the New England region.” Furthermore, he added, “the underwriting standards and lack of inventory appears to be holding back even the potential for even a greater boost in home sales.”If home sales are to improve, homebuilders will need to increase production so more new inventory becomes available, Yun said, adding that the credit condition “needs to be modestly dialed down from current overly stringent conditions.”Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

$49K Chocolate Easter Bunny the ‘World’s Most Extravagant’

$49K Chocolate Easter Bunny the ‘World’s Most Extravagant’

VeryFirstTo(NEW YORK) -- Think twice before biting the head off of this chocolate rabbit. You may inadvertently swallow a small fortune.Created by world-renowned confectioner and former chef décor of Harrods, Martin Chiffers in collaboration with the company 77 Diamonds, the "World's Most Extravagant Chocolate Easter Bunny" features two dazzling, 1.7-carat diamonds for eyes, gold-leaf painted eggs and will set back holiday celebrants a whopping $49,000.“I’m delighted to be working with 77 Diamonds on such a glamorous item which is certainly a culinary phenomenon," said Chiffers in a statement. "Whilst I am very accustomed to teaching about and creating extravagant luxury chocolate pieces, incorporating diamonds is a first!”Standing almost 15 inches high and weighing 11 pounds, the rabbit, which will be made to order, takes two days to carve from a solid block of 75 percent Tanzanian chocolate before the diamonds are set and the Easter eggs are decorated with gold leaf. Creators estimate the festive confection contains 548,000 calories.But if the thought of consuming something so rich in a single day doesn't suit your taste, fear not.The statue "can be preserved for two years, as long as the temperature is regulated to around 16 degrees," according to its creators.

The bunny can be purchased exclusively through VeryFirstTo, which will also offer bespoke versions with different-colored diamonds and gems, or less-expensive stones. A donation of $1,493 is made to The Prince’s Trust charity for every rabbit purchased.

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Boeing Patents “Star Wars”-Style Force Field Technology

Boeing Patents “Star Wars”-Style Force Field Technology

Boeing/USPTO(NEW YORK) -- Boeing's new patent may let the force be with you even in real life.The aircraft and defense company has taken a cue from science fiction with its plan to develop a Star Wars-style force field that would use energy to deflect any potential damage.Just like the luminescent shields seen in the film, Boeing's "Method and system for shock wave attenuation via electromagnetic arc" could provide a real-life layer of protection from nearby impacts to targets.The downside: It won't protect from direct hits.The system can sense when a shock wave generating explosion occurs near a target. An arc generator then determines the small area where protection is needed from the shock waves.It then springs into action by by emitting laser pulses that ionize the air, providing a laser-induced plasma field of protection from the shock waves."Explosive devices are being used increasingly in asymmetric warfare to cause damage and destruction to equipment and loss of life. The majority of the damage caused by explosive devices results from shrapnel and shock waves," the patent says.While Boeing may have been granted the patent, it's unclear how long it will be before the company deploys the real-life force fields.

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Delphi Driverless Car Sets Off on Cross-Country Trip

Delphi Driverless Car Sets Off on Cross-Country TripiStock/Thinkstock(NEW YORK) — An Audi SUV hit the road to the record books Sunday, embarking on the first coast-to-coast trip by a car without a human driver, just an engineer behind the wheel, hands-free, but ready to take control in case anythi...

Retail Execs Predict Huge Increase in Online Sales

Retail Execs Predict Huge Increase in Online Sales

iStock/Thinkstock(NEW YORK) — How well did U.S. retailers do in online sales last year? Nearly $305 billion worth, according to the Commerce Department.And most chief financial officers in the retail industry only see sales growing stronger in 2015, based on a study conducted by the financial and business advisory group BDO USA.About eight in 10 of the 100 CFOs polled predict online sales this year will increase by 9.9 percent over last year.Yet, most agreed that it will take more effort to sustain continued sales growth. For instance, 68 percent of CFOs will boost their investment in market technologies, a substantial spike from the 40 percent who did so in 2014.One primary growth tactic is expanding eCommerce and mobile offerings.Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Gas Stations, Convenience Stores Adding Beer on Tap

Gas Stations, Convenience Stores Adding Beer on Tap

shellystuart/iStock/Thinkstock(NEW YORK) -- There may soon be another item for sale at the local gas station and convenience store, as more locations are tapping into the nation’s growing interest in craft beer. Draft beer taps, where customers can have 64-ounce growlers filled, are being installed in a growing number of gas stations nationwide, according to a report in USA Today. So far, 35 states allow retailers to sell the refillable jugs, according to USA Today, and more states are considering laws to allow the practice. "It's definitely becoming more popular," said Paul Gatza, director of the Brewers Association, a national industry group told USA Today. "The American public wants to be able to control their experience. They want to be able to take their beer home and pour as much or little as they want."Some industry groups, such as beverage distributors, have voiced opposition to the expansion, the newspaper reports.

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Magic Leap Teases Augmented Reality Game in New Video

Magic Leap Teases Augmented Reality Game in New Video

Magic Leap/YouTube(NEW YORK) -- Magic Leap, the mysterious company Google and other technology giants invested $542 million in last year, has released a new video teasing a trippy video game experience. The Hollywood, Florida-based start-up attracted a $542 million investment last October that garnered headlines not only for the half-billion leap but also for the secretive nature of the company, which left many outsiders curious about what it had in development. What is known now is that the company appears to be developing a headset that offers a cinematic reality experience. On Thursday, Magic Leap released a video teasing an augmented future. In the video, it shows a person being able to access websites and apps from airborne virtual icons. It also shows off an immersive shooter game in which the player picks up a physical weapon and blasts robots that pop up around the room. "This is a game we’re playing around the office right now (no robots were harmed in the making of this video)," the caption under the video posted to YouTube said. Google hasn't commented on how it might leverage Magic Leap's technology in the future and it's unclear how reflective the demo video is of the company's finished product.

However, it shows what an impact a half billion dollar investment has had on the company. When Magic Leap closed a $50 million round of funding last February, CEO Rony Abovitz said the funding would go toward the company's computing interface technology. "What is remarkable is how well the human body and mind respond when technology respects biology, so truly magical experiences become possible," he said in a statement. "In this new world of the intimate relationship between computing and human sensory systems, Magic Leap is bending its proprietary technology to meet the very human needs of our future users and co-creators."

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Driverless Car to Begin Cross-Country Trip Sunday

Driverless Car to Begin Cross-Country Trip Sunday

iStock/Thinkstock(SAN FRANSISCO) — A self-driving car is set to start a road trip across the country Sunday.The 3,500-mile trip from California to New York is the longest automated drive ever attempted in North America.Delphi Automotive PLC's vehicle is the driverless-car making the trip, according to a press release.Delphi's Chief Technology Officer Jeff Owens said the car has been successfully tested on streets in California and Las Vegas, but the cross-country trip will be the car's "ultimate test.""The vehicle will be challenged under a variety of driving conditions from changing weather and terrain to potential road hazards -- things that could never truly be tested in a lab," the release says.The car is supposedly able to navigate 4-way stops, merge onto highways and even maneuver around bicyclists -- all without a driver.There will be a driver in the car ready to take over if need be, Delphi spokeswoman Kristen Kinley said. The driver can take control of the car immediately in case of emergency, she said.The coast-to-coast trip is scheduled to start near the Golden Gate Bridge in San Francisco on Sunday. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Tax Tip: Affordable Care Act’s Impact on Tax Season

Tax Tip: Affordable Care Act’s Impact on Tax Season

Fuse/Thinkstock(NEW YORK) -- The Affordable Care Act is bringing the biggest change to the tax code in 20 years.This year's tax season marks the first time people will be asked for information regarding their health insurance.Internal Revenue Service spokesman Eric Smith says for most people, this will be a non-issue. "For more than three out of four taxpayers the change will involve just simply checking a box on your return,” said Smith.That box indicates people had health coverage, and most likely through their employer.Others who purchased government-backed health care and received a tax credit to help them pay for it, will have to account for whether they calculated correctly.Kathy Pickering, executive director of The Tax Institute at H&R Block, says there will either be a payment or a refund."When they come in to file their taxes, now they're reconciling how they estimated their income to what their actual income is,” she said.The IRS says if someone is considered low-income and not required to file a tax return, they don’t have to buy health coverage. However, those who could afford health insurance and chose not to will receive a fine.

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New Bluetooth-Powered Umbrella Is Truly Unforgettable

New Bluetooth-Powered Umbrella Is Truly Unforgettable

Davek Accessories, Inc.(NEW YORK) -- A Bluetooth-powered umbrella from a New York-based company may put an end to the one thing all umbrella users have in common: we lose them.The Davek Alert Umbrella comes with a beacon chip embedded into its handle that serves as a “virtual leash” between you and your $125 umbrella. When you step more than 30 feet away from the umbrella, a message will pop up on your smartphone, telling you you’ve left your umbrella behind.“We make umbrellas that are unusually strong and last a really, really long time,” said Dave Kahng, managing director and founder of the umbrella's maker, Davek Accessories, Inc. “We think there’s a lot of people out there who will pay more for an umbrella that will last a number of years but the biggest concern when people spend up is that they’re going to lose it.”“We’ve known that for years,” he said of his 10-year-old company that sells $49 to $99 lifetime guarantee umbrellas on its website and in stores like Neiman Marcus and Bergdorf Goodman.Davek engineers first thought of using GPS technology in the umbrellas but switched their focus to new Bluetooth technology. The goal, according to Kahng, was to prevent losing your umbrella rather than simply being able to search for it after you've already lost it.The umbrella, which is scheduled to go on sale in September, works with a free Smartphone app. Once you download the app, you hold your umbrella by your phone for 60 seconds to establish a connection.The proximity chip in the umbrella's handle is powered by a coin battery that can last for years, according to Kahng, and is available at hardware stores if it ever needs to be replaced. The motion detector also goes to sleep if no motion is detected after 12 hours in order to conserve the battery life.“We needed it to be low maintenance and useful, so this technology was the perfect solution,” Kahng, who added his team has been developing the umbrella for the past year.A Kickstarter campaign for the umbrella was launched earlier this month and has already raised over $25,000. Over the campaign’s next two weeks, Kahng says he and his team will be looking closely at the feedback and comments to continue to build a better product.“There is no other platform where you can get real time suggestions,” Kahng said. “For us it’s a great form of customer feedback.”The umbrella, so far, will be available in two colors, royal blue and black. Interested buyers can pre-order the umbrella at a discounted rate of $99 through their Kickstarter pledge until April 12th.The Alert Umbrella also addresses another complaint about umbrellas, that they’re too heavy, by keeping the size, shape and quality for which all Davek umbrellas are known.“You feel it the minute you pick it up, there’s a pleasant heft to it,” Kahng said of the umbrella's design. “It’s like sitting in a chair that is handcrafted.”

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South Carolina Goodwill Employee Lauded for Returning $1,400 Found in Bag

South Carolina Goodwill Employee Lauded for Returning $1,400 Found in Bag

John Sleezer/Kansas City Star/MCT via Getty Images(CHARLESTON, S.C.) -- An employee at a South Carolina Goodwill store was just a few days into her new job when she made an unlikely discovery: $1,400 cash inside a donated bag.“I was pretty excited,” the employee, Kayla Holland, told ABC News. “I was like, what should I do? Should I go shopping with it?”Instead, Holland, 24, who works at Goodwill through the organization’s employment policy that seeks to hire people with disabilities, turned the money in and is being praised for her honesty.“I just walked it over to my manager that was on duty that day,” Holland said. “She was like, ‘Wow.’ She was impressed.”Louisa Barnes, a manager at the North Charleston Goodwill, says Goodwill employees are instructed during their orientation to turn in found items but many employees do not comply.“I’m extremely proud of her,” Barnes, who was not working the day Holland found the money, told ABC News. “Not all employees do that, and we know that, so when one employee does it amazes us and we’re extremely proud.”Holland found the $1,400 March 12 but Goodwill is hoping the attention placed on the story now will help connect the money to its rightful owner.No one has come forward to claim the cash so it is being held by Goodwill. After what a Goodwill spokesman described as a “reasonable amount of time,” if the money remains unclaimed, Goodwill will process the cash as a donation."To have employees that are conscientious about what they do and honest about what they do, it's a great thing to have employees like that working somewhere," Sandra Herrman, a Goodwill customer, told ABC station WCIV in Charleston.

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Near-Record Closes on Wall Street as Crude Oil Prices Surge

Near-Record Closes on Wall Street as Crude Oil Prices Surge

iStock/Thinkstock(NEW YORK) -- Wall Street ended the week on a positive note with big-time gains on Friday with a surge in crude oil prices.The Dow Jones Industrial Average climbed 168.69 to a close of 18127.72.The Nasdaq topped 5000 for the first time in 15 years, closing the session at 5026.42, up 34.04 on the day. The S&P 500 also neared a record close, ended the day at 2108.06, following gains of 18.79.

The price of crude oil jumped by four percent Friday, settling at just under $46 per barrel.Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

DOT Announces $10M Civil Penalty Against Graco for Car Seat Defect

DOT Announces $10M Civil Penalty Against Graco for Car Seat Defect

iStock/Thinkstock(WASHINGTON) -- Transportation Secretary Anthony Foxx announced a $10 million civil penalty against Graco Children's Products for failure to provide timely information about a defect in millions of the company's car seats.The company is being forced to pay a $3 million fine to the federal government immediately, with an additional $7 million due in five years -- with one caveat. The company can avoid paying the federal government that $7 million if its spends at least the same amount on new steps to improve children's safety."Parents need to know that the seats they trust to protect their children are safe, and that when there's a problem, the manufacturer will meet its obligations to fix the defect quickly," Foxx said in a statement. "Today's action reinforces that responsibility in a way that will make our kids safer for decades to come."Graco is also expected to create a plan and procedures for addressing certain performance requirements, including ways to make product registration more effective -- by allowing parents to be notified, identifying potential safety trends industry-wide, and launching a child safety awareness campaign.The company will also have to receive certification from an independent third-party to prove it has met its obligations in order to pay the balance of the civil penalty.

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Amazon Gets FAA Approval to Test Delivery Drones, But There’s a Catch

Amazon Gets FAA Approval to Test Delivery Drones, But There’s a Catch

iStock/Thinkstock(WASHINGTON) — Amazon's dream of drone delivery has been cleared for testing by the Federal Aviation Administration, however the small victory for the retailer comes with plenty of restrictions.The FAA issued an experimental airworthiness certificate to Amazon on Thursday that will allow the company to begin testing its fleet of delivery drones outdoors. Amazon had previously been testing them inside its Washington facility.Under the new ruling, Amazon will be able to fly its drones outside for the purpose of "research and development and crew training."The certificate comes with several strings attached that limit Amazon's full-fledged ambitions.During tests, the FAA will require the drones to remain within sight of the pilot -- who must also have a minimum of a private pilot's certificate, the federal agency said.The drones will only be allowed to fly during the daytime and only in clear weather conditions. They'll also have to stay at 400-feet or below, according to the FAA.Amazon will also be held to strict reporting requirements and must send monthly reports to the FAA on the number of flights conducted, how long pilots flew and any malfunctions or deviations from air traffic controllers' instructions.Last month, the FAA released a set of proposed rules for drones that seemed to shoot down Amazon's aerial ambitions. While the new license is a small victory, Amazon still has a long way to go until it can realize its dream of a drone network that delivers packages in 30 minutes or less.Paul Misener, vice president of global public policy at Amazon, said in a statement to ABC News last month that the company was "committed to realizing our vision for Prime Air and are prepared to deploy where we have the regulatory support we need."Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

The Quest to Save the First Taco Bell from Demolition

The Quest to Save the First Taco Bell from Demolition

Taco Bell(DOWNEY, Calif.) — It’s weird to think of Taco Bell as a cultural icon. But, reality is -- whether good or bad -- that fast food chains are as much a part of the fabric and history of the United States as any other element.So with that in mind, Taco Bell is working under a looming deadline to save its original location from being destroyed."When we first heard about the demolition, we were kind of in disbelief,” Taco Bell public relations manager and newsroom editor Matt Prince told ABC News. “We wanted to figure out a way how we could learn more about the situation and get as involved as possible.”Founded in 1962 by Glen Bell in Downey, California, Taco Bell first set up shop in a 400-square-foot building with arched entryways and a namesake metal bell on the top. There was no room for seating; customers ordered from a counter and ate on the go.From that prime location in a booming town on a busy street, Taco Bell quickly grew to nine locations within two years, then 100 within five years. After being sold to PepsiCo in 1978, the chain shut down some outdated locations, including the original.Since then, the building has been the home to two other taquerias, but the property owner decided the land had more value than it was getting, and planned to demolish the building to place a higher value on the land. That’s when the Downey Conservancy got word of the owner’s plans and worked to save the building."The building holds a lot of value for Downey and its own personal history, but I think it also holds a lot of value for America and its cultural history and how things were playing out in the mid-20th century,” Downey Conservancy board member Katie Rispoli told ABC News. “Downey was built out around the automobile during this important time period for American culture when Americans were obsessed with cars. It all sort of developed this cultural phenomenon for fast food, and Downey quickly was becoming fast food USA.”To save the institution, Taco Bell contracted non-profit community organization We Are the Next, of which Rispoli also heads up, to conduct a feasibility study to determine if the building could be moved, how much it would cost and if there is anything wrong structurally."I don’t think there’s any question whether or not the building physically can be moved; it’s a very simple process” Rispoli, who recused herself from Downey Conservancy decisions around the project, said. “The questions of if we can do it is more so of how do we need to cooperate with regulatory agencies to make this happen, would we be working with the city of Downey, would we have time to buy land before the building faces demolition, if we do buy land, is it going to be in Downey or somewhere near Downey? So we have a lot of factors we’re considering right now.”The study is not concluding for another six or so weeks, so there are currently still more questions than answers on the project.“Whether it’s used for another Taco Bell or as a museum or as community space we don’t know,” Prince said. “That’s the fun conversation we get to brainstorm about now. That’s the next question."Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Exclusive: Inside Apple’s Top Secret Lab for Apple Watch Development

Exclusive: Inside Apple’s Top Secret Lab for Apple Watch Development

ABC News(CUPERTINO, Calif.) — Apple, known for keeping its product developments under the strictest of lock-and-key, gave ABC News exclusive access into its top secret health and fitness lab, where only Apple employees became test subjects for the new Apple Watch.Apple engineers, managers and developers have been secretly volunteering for the past year in this state-of-the-art lab to participate in rowing, running, yoga and many more fitness activities in order to collect data for the Apple Watch’s inner workings.“[The employees] knew they were testing something, but they didn't know it was for the Apple Watch,” said Jeff Williams, Apple’s senior vice president of operations. “We hooked them up with all the masks and so forth, but we would put on an Apple Watch covered up.”Apple Watch was first unveiled last September and it’s slated to be in stores next month. Ranging in price from $349 for the Apple Watch Sport to $17,000 for the 18-carat gold Apple Watch Edition, the watch contains a “health kit,” which can track everything from your heart rate, calories burned, distance walked and how much the user stands per day.The lab, Blahnik said, also used “climate chambers,” to have fitness participants test the watch in different environments, and then they would actually have employees go to different places around the world.“We have traveled to Alaska and gone to Dubai to really test Apple Watch in all those environments, but we also wanted to be able to have a controlled environment here where we could see those extremes,” he said.Dr. Michael McConnell, a professor in cardiovascular medicine who also directs Apple’s cardiovascular health innovation program, said the Apple Watch will be a game changer in cardiovascular technology.“We can use the power of something that they carry with them every day to help with measurements and surveys,” he said. “I think it is offering us a new way to do medical research.”The more a user wears the Apple Watch, the more health data it can collect, and over time, Blahnik said that can be a powerful force in the fitness tech market.“I think we've amassed already what may be one of the world's largest pieces of data on fitness,” he said. “Our view is, we're just beginning. We think there's a lot to this fitness thing...the impact on health could be profound.”

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ABC News Ordered a Fake Apple Watch from China and This Is What We Got

ABC News Ordered a Fake Apple Watch from China and This Is What We Got

ABC NewsBy BOB WOODRUFF(NEW YORK) — China is a country where you can find almost anything.There’s a good chance that if you want it then it is being manufactured in some factory or put together by one of its 1.3 billion citizens. So when I was in Beijing last week I assumed that we could find Apple’s Watch well before it's officially released.With our research we found good news and bad news. The good news was that we did find a watch that looks like an official Apple Watch with the same color and shape. The bad news was it is a counterfeit. A knock-off. A fake.I learned about this because the story was being told in newspapers.We heard there were two possible knock-offs. One called Ai Watch and the other called the D-Watch. We were told that we could buy one of them in a few stores but we took the easier route to buy online from a company called Taobao.It is like eBay and Amazon put together. But this company is owned by Alibaba, which is growing fast. With our ABC Visa card our associate producer ordered one last Thursday when I was about to board the plane heading home to New York. In a perfect world I could have bought it online and had them mail it directly to my office in the U.S. But no. Taobao could only send it to an address in China. So when our Beijing team got it they had to send it here, where I got the chance to open it.What can I say? The differences between the real one and the fake one are huge. On the knock-off there is a screen, but not a touch screen. If you expect an iPhone on your wrist then please just give up. According to the instructions you can use Bluetooth to connect to your phone but only with Android. No chance you can connect to any Apple devices.So if you want to brag and show off then go ahead and buy one of these. They are much cheaper. We bought ours for $47 instead of the $350 for a real one. It could look good on your wrist but only from afar. Keep it away from the eyes of your friends.Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Parents Would Dip into Retirement Savings, Go into Heavy Debt for College-Bound Kids

Parents Would Dip into Retirement Savings, Go into Heavy Debt for College-Bound Kids

iStock/Thinkstock(NEW YORK) — In a perfect world, every parent would have enough money on hand to make sure that their children can get a college education. But that’s the kind of fairy tale that doesn’t even happen in the movies.

In reality, the average college loan debt is approaching $30,000 and some graduates are still paying it off well into their 20s and 30s while some never get out from under it.With that in mind, the investment firm T. Rowe Price surveyed 2,000 parents who own a retirement account and have children ages 15 and younger to find out how far they’d go to keep crushing loan debt off the backs of their kids.Children, you’ve got some good folks in your corner because 53 percent told T. Rowe Price they’d sooner take money out of their retirement accounts than put their youngsters in the position of taking out loans.Meanwhile, almost half said they’d delay retirement in order to pay for their kids’ tuition while 51 percent would go as far as take a second job or work part-time to do the same.When it comes to putting themselves in a financial hole, parents are basically saying “Bring it on!”Nine percent claimed they would borrow “whatever it takes” to pay for the child’s college education while 55 percent said they’d borrow $25,000 or more and 23 percent would take on $75,000 or more in debt.Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

SeaWorld Names New President and CEO

SeaWorld Names New President and CEO

Photo by Matt Stroshane/Getty Images(ORLANDO, Fla.) -- SeaWorld Entertainment named its new president and CEO on Thursday, selecting Joel Manby, formerly president and CEO of Herschend Enterprises, the largest family-owned theme park and entertainment company in the U.S.Manby, 55, will assume the dual roles on April 7 and will also join the company's Board of Directors. David D'Alessandro, who had served as interim CEO, will continue to serve as chairman. SeaWorld has experienced attendance and revenue dropoffs since the release of Blackfish, a documentary portraying the company's treatment of killer whales, in 2013.

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Target Reaches Settlement to Pay Customers Who Suffered Loss in 2013 Data Breach

Target Reaches Settlement to Pay Customers Who Suffered Loss in 2013 Data Breach

Photo by Scott Olson/Getty Images(NEW YORK) -- Target reached a settlement to pay up to $10,000 to any customer who can document a loss caused by the 2013 data breach at Target stores.The settlement was approved at a Thursday-morning hearing at a federal court in St. Paul, Minnesota. On Wednesday night, a Target spokesperson told ABC News that the company was "pleased to see the process moving forward and look forward to its resolution."The Washington Post reports that individual shoppers will have to prove they endured losses from the breach. While up to 70 million had personal information such as addresses and phone numbers stolen, it was not immediately clear how many had suffered financial loss as a result.Target also said it would implement a training program to ensure employees know the proper security practices and periodically review safeguards.

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