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PARIS (AP) — French President Francois Hollande threatened legal action Friday over a magazine report saying he is having a secret affair with an actress, the latest breach in the French media's practice of turning a blind eye to presidential love affairs.... Read more... Read more... Read more... Read more...
The U.S. Federal Reserve will likely consider further reductions in the pace of bond purchases at coming meetings given the improvement in the labor market conditions, a top Fed official said on Friday. Richmond Federal Reserve President Jeffrey Lacker said although a recent pick-up in U.S. economic growth was encouraging, he expected the pace of... Read more...
Target Corp said up to 70 million customers were hit by the theft of data over the holiday shopping season, a far more serious breach than previously disclosed. Shares of the company, which also slashed its fourth-quarter earnings forecast, fell slightly in early trading on Friday. The third-largest U.S. retailer said in December that hackers had stolen data from up to 40 million credit and debit cards between November 27 and December 15, the... Read more...