• Mon 74°F / 44°F
Home » Archives by category » Business News (Page 6)

More than a Third of Americans Haven’t Saved for Retirement Yet

More than a Third of Americans Haven’t Saved for Retirement Yet

iStock/Thinktock(NEW YORK) — Even if retirement is decades down the road, it’s never too early to start saving, according to financial planners.However, a good portion of Americans haven’t put a single dime away for their golden years.The latest Bankrate.com survey attests to that fact. An astounding 36 percent of 1,000 adults in its poll aren’t doing anything about retirement plans.As reported by USA Today, nearly seven in 10 Americans ages 18 to 29 had no retirement savings. While the numbers drop considerably per age group after that, even 14 percent of people 65 and older had no retirement savings.However, the Bankrate survey says that people who are making long-range plans past their working days have gotten the message that it’s better to build a nest egg sooner than later.For instance, of those in the 30-49 age group, a third began putting away money for retirement in their 20s.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Nintendo Responds to Petition to Insert Robin Williams into Future “Zelda” Game

Nintendo Responds to Petition to Insert Robin Williams into Future “Zelda” Game

ROBYN BECK/AFP/Getty Images(NEW YORK) — In the days since Robin Williams’ death, a petition on Change.org has received over 100,000 signatures calling for the comedian and actor to be made a character in a Nintendo video game.Specifically, the petition notes that Williams was, “an avid player of video games, with a love for all things Nintendo.” Specifically noted are Williams’ “particular love for all things Legend of Zelda” — he named his daughter after the series’ titular princess, and advertisements that the late actor had done for Nintendo.The petition’s creators are asking for Nintendo to honor the late Williams by making him into a non-playable character in an anticipated Legend of Zelda game. Nintendo issued a statement on Monday, responding to the outpouring of support for the idea, but did not publicly announce a specific decision. “Robin Williams was loved at Nintendo,” the statement reads, adding that they “hear the request of fans to honor him in a future game.” However, Nintendo, “will not be discussing what might be possible for future games during this difficult time.”Nintendo’s statement concluded, “we will hold our memories of Robin close.”
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Strong Start to the Week for Wall Street

Strong Start to the Week for Wall Street

iStockphoto/Thinkstock(NEW YORK) — Wall Street began the week on a positive note, with all three major indices climbing on Monday.The Dow Jones Industrial Average rose 175.83, to a close of 16838.74.The Nasdaq jumped 43.38 to 4508.31, while the S&P 500 finished at 1971.73, up 16.67 from Friday’s close.Also on Friday, Dollar General heated up a bidding war with competitor Dollar Tree in an effort to purchase the Family Dollar retail chain. Dollar General topped an offer made by Dollar Tree last month, leading the company’s stocks to climb by more than 11 percent on Monday.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Bourbon Industry in Largest Expansion Since End of Prohibition

Bourbon Industry in Largest Expansion Since End of Prohibition

Kirk Schlea/Kentucky Distillers’ Association(NEW YORK) — On the 50th anniversary of Congress’ declaration that bourbon was “America’s native spirit,” Kentucky is producing the most bourbon since 1970. The last time production reached these levels, distillers like Jim Beam ended up distributing older aged Bourbon than what bottle labels indicated. And yes, it gets better with age.”We had such a supply that we gave away a little bit of age,” said Fred Noe, seventh generation Beam Master Distiller and Jim Beam’s great-grandson, recalling the 1970s.Kentucky distilleries, which produce about 95 percent of the nation’s bourbon, filled 1.2 million barrels of it last year, the most in more than 40 years, according to the Kentucky Distillers’ Association trade group in an announcement last month about annual production levels.”We’re in the largest expansion mode since the end of prohibition,” said Eric Gregory, president of the Kentucky Distillers’ Association, explaining that the group’s members have spent about $500 million to add bottling lines, storage warehouses and jobs in the last few years.In the 1970s, Noe, 57, said that Jim Beam White, the company’s bourbon whiskey that’s aged four years, actually held bourbon that was aged longer than that.”The bourbon we bottled was actually older than four years old,” he said. “You’re looking into a crystal ball of bourbon. What you make today you sell years from now. It’s kind of a crap shoot on production. Sometimes you hit the point and sometimes you don’t.”According to the Kentucky Distillers’ Association, the number of Kentucky bourbon makers is expected to double next year to 40 licensed operating distillers. At 20 members presently, the Kentucky Distillers’ Association is at its post-1947 peak. Kentucky Peerless Distilling Company is one of the newest producers expected to get its license by next year when it opens up shop in Louisville.For those not familiar with bourbon whiskey, it ages in barrels and doesn’t continue aging in bottles, explained Gregory. Bourbon is first clear before it’s poured into a barrel. And the longer it sits in a barrel, the longer it will extract oak and sugars, Gregory said.”The trend these days is extra-aged,” Gregory said, adding that some of these limited-edition or craft bottles can sell for several hundred dollars.In general, if bourbon is under four years old, distillers have to state the age on the bottle, Gregory said. “If there’s no age on the bottle label, you know it’s at least four years old,” he said.Noe said that his company bottles bourbon according to its orders, so it continues to age in barrels.
“We don’t bottle ahead. We try to bottle to our orders. We keep a small inventory for our shipping department. We’ll keep it until there are orders in our system,” he said.Noe said it’s a great time to be in the bourbon business, as more small craft distilleries enter the market and tourists visit the so-called “Kentucky Bourbon Trail.” Demand is growing not only domestically but from China, India and all over Europe, Noe said.”People are finding Bourbon is versatile, very tasty and they love to come to Kentucky to see how we make it,” Noe said.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

New Girl Scout Camps Turn Out Tough Cookies

New Girl Scout Camps Turn Out Tough Cookies

Girls Scouts of the USA(NEW YORK) — Girl Scouts of the USA may be best known for selling delicious cookies door to door each year. But when it comes to summertime activities, the organization is thinking way outside the box these days.At new Girl Scouts of the USA (GSUSA) camps around the country, such as CampHERO and Homesteading Camp, young girls are empowered to explore typically male-dominated career paths including protective services and farming.“It’s no secret that there are few women in the protective services, especially fire and police,” said Jen Roman, a Madison Fire Department Captain and founder of the CampHERO program. “The reasons for that extend beyond failed recruitment efforts or moves to prevent women from being hired in the industry. Research shows us that children are socialized to believe gender stereotypes as it relates to employment.”In response to this data, CampHERO was designed to give the young girls the opportunity to think of themselves as firefighters or police officers as easily as dancers or hairdressers, “and the older girls the support to pursue those careers if they so choose,” said Roman.Located in Madison, Wisconson, CampHERO accepts 190 scouts from around the country, ranging from kindergartners to the 12th grade. Maddie Flanders, 15, participated in the camp this summer with her best friend and considers it “the best week of our life.””Your first full day of camp, they send you right into fun things like foot pursuit and rappelling,” said Flanders. “You use your radio skills you learned the night before to communicate where a subject is running while you are still chasing them.”Other skills include self-defense, search and rescue, rig/squad tours, tours of the jail, court house and morgue, deploy hoses, fire attack, distracted driving, triage, report writing, first aid, CPR/CCR and airway management.”The most interesting thing I learned at camp was extrication,” she said. “They took us over to the fire grounds and showed us an old beat up Ford Focus. Then they had two volunteers climb inside. We were taught how to use the Jaws of Life and the car scissors. By the end of the day the car was a convertible.”Meanwhile, in Denver, Colorado, scouts who signed up for the Homesteading Camp, spent their time focusing on simple living, sustainability and farming.
“This year, girls at Homesteading Camp had the chance to care for barnyard animals, milk cows and goats, harvest honey, can food, and harvest fresh vegetables and herbs, among other activities,” said a spokeswoman for GSUSA.In addition to exposure to a new industry, the girl campers also benefit from exposure to the outdoors.According to a recent study by the Girl Scout Research Institute, girls with more frequent and longer-in-duration outdoor experiences are more likely to seek challenges and better at solving problems.“Girl Scout camps transform a girl’s understanding of and appreciation for nature, while helping her build a unique set of skills and boosting her confidence in ways few experiences can match,” said Anna Maria Chàvez, CEO of Girl Scouts of the USA, in a statement. “Camping has always been one of the cornerstones of Girl Scouting, and the research is clearly showing that there is a connection between the camp experience and girls’ understanding of their leadership potential.”
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Dollar General Counters with Rival Bid for Family Dollar

Dollar General Counters with Rival Bid for Family Dollar

Dollar General Corporation(GOODLETTSVILLE, Tenn.) — A bidding war is heating up for the struggling discount retailer Family Dollar, and big bucks are involved.Dollar General has made a proposal to acquire Family Dollar for $78.50 per share, or approximately $9.7 billion. The all-cash bid is more generous than a rival offer made last month by Dollar Tree, worth $74.50 a share.“For Family Dollar shareholders, our proposal is financially superior to the current transaction agreement with Dollar Tree and would provide Family Dollar shareholders with a substantial premium and immediate liquidity for their shares,” Dollar General CEO Rick Dreiling said in a statement Monday. Neither Dollar Tree nor Family Dollar has commented on the new bid. Dollar General’s share price rose 9 percent Monday morning. A merger could lead to more intense competition for Walmart, which also serves lower and middle-income consumers.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

App Sells Only Black V-Necks

App Sells Only Black V-Necks

iStock/Thinkstock(NEW YORK) — With a soon-to-be-launched shopping app, you can buy anything you want, as long as it’s one model of a black v-neck t-shirt.A two-week-old company that hasn’t even launched it’s app yet but is getting lots of buzz, claims it will sell only this item when it does. The founders of BlackV Club told ABC News that this new “radical approach to fashion” is what’s so surprising.”Shopping for clothes is very time consuming and exhausting,” Edward Lando, one of the founders, told ABC News. He and Yagil Burowski are also co-founders of the app Notice.”We don’t enjoy the experience at all, whether it be online or offline. The process of having to pick from hundreds if not thousands of options without knowing if what you’re picking is going to look good on you is not enjoyable. Most of our friends don’t shop online for this reason,” Lando said.Once the black t-shirts run their course, the app will sell another single, yet-to-be-determined item.”BlackV Club believes in eliminating choice and featuring items that will look great on our members, one at a time. We’re particularly interested in featuring cool brands on the rise,” said Lando. “At the moment, shopping for clothes online involves taking too many decisions, especially if you aren’t an expert in fashion.”Lando said each sale will be an event and he expects it will sell out every time. The app is expected to launch in a few weeks, but there’s a live website where potential customers can request “membership” and be notified of upcoming sales.”We wanted to help busy people look at their best without the hassle,” Lando said. “And we’re going to do that by selling you one item at a time through our app. We don’t intend to produce our own items. We want to feature brands that we love.”
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Target to Extend Hours at Some of Its Stores

Target to Extend Hours at Some of Its Stores

Target(NEW YORK) — In a bid to revive sales, Target plans to keep more than half its stores open until midnight most days of the week.
The extended hours will continue from this month through the holiday shopping season and will then be reassessed.
“Ten and 11 p.m. aren’t peak times for shopping, but Target is betting that enough people will show up to make it worth keeping the lights on and registers open,” reports The Wall Street Journal.
Target has suffered from a recent sales decline.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Majors That Can Lead to the Highest-Paying Jobs

Majors That Can Lead to the Highest-Paying Jobs

Photodisc/Thinkstock(WASHINGTON) — College students: choose wisely during this back-to-school season.A list of highest-earning U.S. jobs by their average salaries was released this month, topped by many jobs in the science and medical fields. CareerCast used information from the Bureau of Labor Statistics and its 2014 “Jobs Rated” report.

How do you get those jobs? Most of the educational training for those high-paying careers starts in college. Note that many of these careers, including the top-paying job of surgeon, can often come with a six-figure graduate school debt load, said Tony Lee, publisher of CareerCast.ABC News asked CareerCast to compile the a list of college degrees that pay off and the average salaries of related fields.Lee said studying actuarial mathematics ranks among the top professions in CareerCast’s annual Jobs Rated Report (No. 4 in 2014) for its employment outlook (26 percent growth by 2022) and high annual salary. Meanwhile, mathematics dominated the top of CareerCast’s report. Mathematician ranked No. 1, statistician No. 3, actuary was No. 4 and economist was No. 18. An educational background in statistics provides the foundation to pursue any number of careers in math, Lee said.Business-related fields can also lead to high salaries.”I was once told by an academic advisor that he recommends undecided underclassmen minor in a field they’re interested in but major in business,” Lee said. “His reasoning: a business degree entails requisite courses that can benefit any working American no matter her/his walk of life. As for career paths, a business degree means opportunities in a wide variety of possible fields.”Studying for pharmacy and chemistry-related fields can also pay off.”Some universities have pharmacological chemistry-specific programs for students seeking to become pharmacists. However, because passing the PCAT exam is the primary requisite for entry into a pharmacy college, a general chemistry degree can prepare aspiring pharmacists,” Lee said.Not surprisingly, Lee calls computer engineering an “ideal 21st Century degree program” because those career opportunities for graduates are abundant. Software engineer and computer systems analyst are two of the higher scoring in CareerCast’s 2014 report, but computer engineering graduates might also find opportunities in computer programming and web development, Lee said.Various universities, including Colorado and Stanford, have adopted engineering physics programs. As Lee notes, this is how Stanford University describes its program in its mission statement: “Engineering Physics prepares students to apply physics to tackle 21st century engineering challenges, and to apply engineering to address 21st century questions in physics.””This degree can prepare undergraduates for a variety of post-graduate engineering programs. And engineering careers are some of the most promising in our Jobs Rated Report,” Lee said.The jobs of surgeon and physician are among the top-paying with high outlooks. Requirements for undergraduates seeking admission into medical school vary by program, Lee said. However, human biology requirements at many universities match the requisites demanded by medical schools.The “engineering physics” major is something of a catch-all engineering program for students interested in gaining a wider knowledge base before specializing in a particular area of engineer, according to CareerCast.A degree in biomedical engineering is highly specialized, but the field is projected to be one of the highest growth professions of the next decade, Lee said.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Five Ways to Save Big on Car Insurance

Five Ways to Save Big on Car Insurance

iStock/ThinkstockBy Elisabeth Leamy(NEW YORK) — According to Ratewatch Auto Insurance, the average annual auto insurance premium is $1,872. When you consider that most Americans live in two-car families, you’re talking nearly four grand a year for something you hope you never have to use. What a dull thing to spend money on. But here are some ways to spend less:1. Shop around to see if there are big price differences between companies. Often you can save in the quadruple digits just by switching to another carrier. One caution: switch to a reputable company, not a cheap, cheesy one!2. Buy your car insurance through a warehouse club like Costco or Sam’s. They partner with some major insurers to offer group discounts to their members. Some warehouse club members have cut their car insurance costs in half by signing up.3. Raise your deductible as high as you can afford to. The deductible is the amount you must pay yourself before insurance kicks in. When you raise your deductible, the insurance company faces less risk that it will have to pay for petty claims, so it gives you a generous discount.4. Lower or drop insurance coverage that you don’t need. At some stage your car will depreciate to the point that it is not worth repairing. That’s when it may be worth your while to drop the collision and comprehensive coverage on your old car, which pays for repairs.5. Get compensated for the diminished value of your vehicle if you’re in an accident. Many people don’t think about the new, lower value of their vehicle in the aftermath of an accident. If the accident wasn’t your fault, you must ask to be compensated for diminished value, especially if you own a valuable car.Opinions expressed in this column are solely those of the author.Elisabeth Leamy is a 20-year consumer advocate for programs including Good Morning America and The Dr. Oz Show. She is the author of Save BIG and The Savvy Consumer. Elisabeth is also a professional speaker, delivering talks nationwide on saving money, media relations, and career success.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Women Rule Crowdfunding Site Kickstarter

Women Rule Crowdfunding Site Kickstarter

iStock/Thinkstock(NEW YORK) — Even after advances made over the past 40 years, women still have a difficult time getting ahead in the workplace compared to their male counterparts. However, there is at least one place where female venture capitalists seem to be doing quite a bit better in raising money than men, and that’s on crowdfunding site Kickstarter.Researchers Jason Greenberg and Ethan Mollick from NYU and the University of Pennsylvania, respectively, made that finding after examining 1,250 proposed projects from 2010 to 2012.In each case, the Kickstarter goal was at least $5,000, as Greenberg and Mollick focused on five categories: gaming, technology, film, fashion and children’s book publishing. They were chosen because of an equal distribution of male and female founders and backers.After reviewing the successes of the Kickstarter campaigns, Greenberg and Mollick discovered that women were 13 percent more likely to make their goals.Interestingly, while there are far more male founders of tech projects on Kickstarter, women held a 65-percent to 30-percent advantage in reaching their fundraising goals in this area.
Mollick explains that it might have to do with women disproportionately supporting other women in a field that has always been dominated by men.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Time Use Survey: So Much Leisure Time, So Little to Do?

Time Use Survey: So Much Leisure Time, So Little to Do?

iStock/Thinkstock(WASHINGTON) — As much as people gripe about not having enough spare time, the opposite appears to be true, if the American Time Use Survey by the Bureau of Labor Statistics (BLS) is to be believed.The survey, which only took into account people who are employed full-time, says the average work week encompasses 39 hours.Meanwhile, 64 hours per week are spent on sleep and personal care.Subtracting those numbers from 168 hours in a week presumably leaves about nine hours daily during which people can do what they please.Okay, not exactly. The BLS says that there are other responsibilities that include looking after kids and the like, which cuts down actual leisure time to 26 hours weekly.And if you are an average American, half of that time is spent watching TV. The other 13 hours, or a little less than two hours daily, is up to you.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

It Can Be Hard to Get a Move On with a Pet

It Can Be Hard to Get a Move On with a Pet

iStock/Thinkstock(NEW YORK) — Moving from one apartment to another is usually a hassle. Throw a pet into the equation and it can really turn into a nightmare.In conducting its 2014 Pet-Friendly Renting Trends Survey of 3,000 people, Apartments.com learned that 72 percent of respondents owned an animal, and of that group, 88 percent said that the pet policy of their building played a major role in their decision to ultimately live there.According to the survey, 64 percent of pet owners admitted having a difficult time finding an apartment that allowed pets, especially those that allowed large dogs.Overall, cats and small dogs are the most popular apartment pets, at 41 percent and 39 percent, respectively.Of the people who moved in with pets, 80 percent said they had to pay the landlord a pet deposit averaging $200 annually. Last year, only 60 percent were told to make a similar deposit.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Federal Judge Backs Lawsuits Against Theater Owner in Aurora Shooting

Federal Judge Backs Lawsuits Against Theater Owner in Aurora Shooting

iStock/Thinkstock(AURORA, Colo.) — A federal judge is backing lawsuits related to the mass shooting at an Aurora, Colorado movie theater.
On Friday, a judge ruled that theater owner Cinemark could have predicted patrons might be targeted for an attack, noting what the judge called the recent grim history of mass shootings and mass killings.
The ruling allows 20 lawsuits against Cinemark to advance, but did not determine whether Cinemark did enough to try to prevent the shooting.
Twelve people were killed and dozens were injured in the 2012 mass shooting.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Alabama Family Catches Record-Breaking Alligator

Alabama Family Catches Record-Breaking Alligator

iStock/Thinkstock(THOMASTON, Ala.) — A 1,000-pound gator is breaking records in Alabama.Five members of the Stokes family caught this monster alligator Saturday in Thomaston, Alabama.It took them 10 hours to wrangle the mammoth beast.Biologists at Wildlife and Freshwater Fisheries easily measured the alligator at 15 feet, but weighing it was a big more tricky.
The alligator was so large it destroyed the winch used to lift average-sized alligators.Eventually, a biologist had to use a backhoe to lift the alligator onto the scale.It weighed in at 1,011.5 pounds, making the gator the largest ever killed in Alabama.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Sam Sung’s Old Apple Uniform Raises More than $2,000 for Charity

Sam Sung’s Old Apple Uniform Raises More than $2,000 for Charity

Apple press(VANCOUVER) — A former Apple retail employee is using his coincidental name, Sam Sung, to raise thousands for charity.Sung, a former “specialist” at the Pacific Centre Apple store in Vancouver, British Columbia, auctioned off a framed employee T-shirt, lanyard name tag and business card Friday. The proceeds will benefit a chapter of the Canadian Charity Children’s Wish in Vancouver, which grants wishes to ailing children.Sung managed to raise $2,653 for charity, a decent sum but far lower than some of the highest bids he received. After starting the auction last week with a starting price of just 99 cents, the bids topped out around $80,000.However, Sung stopped excepting the excessive bids because he did not believe they were real.”There have been a number of fake bids and I’m trying to protect buyers with positive feedback and eliminate fake bids,” wrote Sung on eBay. Sung took to twitter after the auction closed and said he’s still happy with the final sum.Sung’s identity went viral in 2012 when an intrigued customer tweeted a photo of Sung’s business card, as Apple and Korean electronics giant Samsung were entrenched in an intellectual property legal battle.Sung, 25, said the idea for the auction was inspired when one of his old business cards fell out of a book, he wrote on his eBay page.”I had a great time working for Apple and would recommend it to anyone,” he wrote. “I hope my old business card will go to another fellow Apple enthusiast with a sense of humour [sic] and the desire to help raise some money for a good cause.”He worked at Apple for three years before joining recruitment firm Holloway Schulz in July 2013.Apple did not respond to a request for comment.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Completely Chocolate Bathroom Can Be Yours for Just $133,000

Completely Chocolate Bathroom Can Be Yours for Just $133,000

iStock/Thinkstock(NEW YORK) — Got a spare $133,000? Consider purchasing this entirely edible chocolate bathroom. We’re talking a bathtub, toilet, sink, basin and bidet all made of 100 percent Belgian chocolate.Created as a funny response to the fact that online shoppers looking to buy a new bathroom suite are commonly misspelling the word and searching for bathroom “sweets,” Bathrooms.com partnered with British chocolatier Choccywoccydoodah to create this lavish lavatory.”We decided to answer their search, literally,” Bathrooms.com CEO Ian Monk said in a press release. “[It] was initially a bit of fun, but once we realized it was possible to actually make, we decided to buy Bathroomsweets.com and list the product.”Yes, that’s right; you can actually order this bathroom and get it shipped worldwide (note: it’s not functional). The full suite retails for £80,000, or around $133,000 and clocks in at a whopping 9.4 million calories. If you’re feeling a little thrifty, you can also purchase items a la carte, like the toilet for a mere $23,000 and 980,000 calories.
Eighty-eight pounds of chocolate comprise the entire suite, which has a six-month shelf life, and if not eaten, can be kept at room temperature for years.”We couldn’t say no to being involved,” a Choccywoccydoodah spokesperson said. “We’ve made lots of things out of chocolate, but never a bathroom, so this will be a challenge and we look forward to our first order.”Bathroom.com spokesperson Rebecca Lee told ABC News that there have been several inquiries so far, mostly for the bathtub, which, as the centerpiece item, costs around $80,000 and contains nine million calories.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Tesla Extends Warranty on Model S to Eight Years, Infinite Miles

Tesla Extends Warranty on Model S to Eight Years, Infinite Miles

iStock Editorial/Thinkstock(NEW YORK) — On Friday, Tesla Motors announced that the warranty on its Model S drive unit will be increased to match the warranty on the unit’s battery pack — eight years and infinity miles.The warranty extension, according to a post written by CEO Elon Musk on the Tesla Motors blog, will also apply retroactively to all Model S vehicles ever produced. The company calls its Model S vehicle its “most popular model by far,” and notes that there will be no limit to the number of owners within the warranty period.The post calls on the company to put its money where its mouth is. “If we truly believe that electric motors are fundamentally more reliable than gasoline engines with far fewer moving parts and no oily residue or combustion byproducts to gum up the works,” Musk writes “then our warranty policy should reflect that.”
Follow @ABCNewsRadio

Copyright 2014 ABC News Radio

Markets Close Down on Friday After Another Data Breach

Markets Close Down on Friday After Another Data Breach

iStockphoto/Thinkstock(NEW YORK) — Amidst concerns of fighting in Ukraine and new of yet another data breach, stocks finished the week on a down note.The Dow Jones Industrial finished Friday at 16662.91, down 50.67 from Thursday’s close.The Nasdaq gained 11.93 to 4464.93 on Friday, however, the S&P 500 dropped 0.12 to 1955.06.On Friday supermarket chain Supervalu announced that it had experienced a data breach putting customers who visited the company’s stores at risk. It was unclear how many customers were impacted by the breach.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Markets Close Down on Friday After Another Data Breach

Markets Close Down on Friday After Another Data Breach

iStockphoto/Thinkstock(NEW YORK) — Amidst concerns of fighting in Ukraine and new of yet another data breach, stocks finished the week on a down note.The Dow Jones Industrial finished Friday at 16662.91, down 50.67 from Thursday’s close.The Nasdaq gained 11.93 to 4464.93 on Friday, however, the S&P 500 dropped 0.12 to 1955.06.On Friday supermarket chain Supervalu announced that it had experienced a data breach putting customers who visited the company’s stores at risk. It was unclear how many customers were impacted by the breach.
Follow @ABCNewsRadio Copyright 2014 ABC News Radio

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.