Business Stories from August 5, 2014 (Change date)
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U.S. companies to invest $14B in AfricaAug 05, 2014 1:01 am - WASHINGTON - The Obama administration on Tuesday announced $14 billion in commitments from U.S. businesses to invest in Africa, as representatives from nearly 100 Americ...
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S&P: Wealth gap is slowing U.S. economic growthAug 05, 2014 1:01 am - WASHINGTON - Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. Now, an analysis by the rating agency Standa...
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Woodfield P.F. Chang's on card data breach listAug 05, 2014 1:01 am - Credit and debit card information may have been stolen from customers who dined at the P.F. Chang's China Bistro at Woodfield Mall between April 10 and June 11, company ...
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Russia hackers loot 1.2 billion passwords, firm saysAug 05, 2014 1:01 am - A gang of hackers in Russia has amassed 1.2 billion sets of looted user names and passwords, according to a U.S. security company that said it's the largest known cache ...
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Despite profit, Motorola Solutions plans more layoffs, smaller campusAug 05, 2014 1:01 am - While Motorola Solutions Tuesday posted a second-quarter profit that tripled, it plans more cost-cutting measures that are expected to include layoffs and the sale of mo...
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Stocks sink on renewed Russia-Ukraine tensionsAug 05, 2014 1:01 am - NEW YORK - Renewed concerns that tensions could flare up between Russian and Ukraine pushed U.S. stocks sharply lower Tuesday. The market had been moderately lower all ...
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Target lowers forecast citing data breach costsAug 05, 2014 1:01 am - NEW YORK - Target has lowered its second-quarter forecast because of costs related to a massive data breach and the repayment of debt. The Minneapolis-based retailer als...
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British report: Walgreen HQ to stay in U.S.Aug 05, 2014 1:01 am - Deerfield-based Walgreen Co. could announce Wednesday that it will keep its headquarters based in the United States and not move overseas, according to a report in the B...
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Woodfield Mall's tax bill jumps 23 percentAug 05, 2014 1:00 am - Woodfield Mall not only has one of the biggest tax bills in Cook County, it also saw the largest tax bill increase — a 23 percent jump to $23 million. The Schaumburg mal...
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'Gluten-free' labeling standards kick inAug 05, 2014 1:00 am - WASHINGTON — Starting this week, “gluten-free” labels on packaged foods have real meaning. Until now, the term “gluten-free” had not been regulated, and manufacturers ma...
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