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Target tech chief resigns as it overhauls security PDF  | Print |  E-mail
Written by ANNE D'INNOCENZIO, AP Retail Writer   
Wednesday, 05 March 2014 10:55

NEW YORK (AP) — Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach.

Target Chairman, President and CEO Gregg Steinhafel said in a statement released to The Associated Press that the company will search for an interim chief information officer who can help guide the company through the transformation.

Jacob had been in her current role since 2008 and oversaw teams in the U.S. and India.

Target disclosed on Dec. 19 that the data breach compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15. Then on Jan. 10 it said hackers also stole personal information — including names, phone numbers as well as email and mailing addresses — from as many as 70 million customers.

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In Utah, 'Zion curtain' bill debate flares PDF  | Print |  E-mail
Written by ANNIE KNOX, Associated Press   
Wednesday, 05 March 2014 07:37

SALT LAKE CITY (AP) — One of Utah's most notable liquor laws is again sparking friction in the state Legislature.

A renewed effort to take down restaurant walls that shield diners' eyes from the shaking and stirring of drinks comes from one of the state's Republican lawmakers.

"It's unkind, it's ineffective and it's costly," bill sponsor Rep. Kraig Powell, R-Heber City, told a committee Tuesday.

The measure squeaked out of the committee meeting Tuesday by an 8-7 vote after testimony from about a dozen voices, some intensifying to a near yell and others continuing to speak after lawmakers silenced their microphones. It now goes to the full House for consideration.

The measure surfaces as Mormon church leaders this year ask legislators to leave alone the state's liquor code. And other lawmakers have said in recent weeks that standing laws are sufficient.

Rep. Doug Sagers, R-Tooele, agreed. "To me this seems like a solution looking for a problem," he said.

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Survey: U.S. companies add 139,000 jobs in February PDF  | Print |  E-mail
Written by CHRISTOPHER S. RUGABER, AP Economics Writer   
Wednesday, 05 March 2014 10:48

WASHINGTON (AP) — A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather weighed on hiring for the third straight month.

Payroll processor ADP said Wednesday that businesses added 139,000 jobs last month, up from only 127,000 in January. But January's figure was revised sharply lower from an original estimate of 175,000.

The data suggests that the government's jobs report for February, to be released Friday, will show only modest gains. Economists forecast it will show that employers added 145,000 jobs in February. That is below the average gains of nearly 205,000 jobs a month in the first 11 months of last year.

The ADP numbers cover only private businesses and often diverge from the government's more comprehensive report. In January and December its initial figures were much higher than the official count. The Labor Department said employers added 113,000 jobs in January and just 75,000 in December.

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Two years later, Congress poised to undo flood law PDF  | Print |  E-mail
Written by MATTHEW DALY, Associated Press   
Wednesday, 05 March 2014 07:34

WASHINGTON (AP) — Less than two years after Congress approved a landmark bill to overhaul the federal flood insurance program, lawmakers are poised to undo many of the changes after homeowners in flood-prone areas complained about sharp increases in premiums.

The House overwhelmingly passed a bill Tuesday night that would allow sellers to give their subsidized, below-market insurance rates to new buyers and lower the cap on how much flood insurance premiums can rise each year.

Rep. Michael Grimm, a New York Republican who co-sponsored the bill, said it would ensure that families across the country, including those still struggling to recover from Superstorm Sandy, can avoid "a wave of devastating premium hikes and foreclosures."

The Senate could soon follow. Sen. Robert Menendez, D-N.J., says he supports the House measure, which mirrors a bill he sponsored and the Senate approved in January.

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