Now Playing
B985 FM
Last Song Played
80s 90s & NOW
On Air
No Program
Now Playing
B985 FM
Last Song Played
80s 90s & NOW

business

200 items
Results 21 - 30 of 200 < previous next >

Delta, Sears, Kmart data breach: Customer payment info possibly compromised in cyberattack

Update Apr 5, 2018 3:45 PM EDT: In addition to Delta Airlines, Sears Holdings announced that customer data from Sears and Kmart stores, including names, addresses and credit card numbers, may have been exposed during a security breach last fall.

>> Read more trending news 

Sears Holdings uses the same online chat service as Delta, [24]7.ai, and said in a statement posted on its website that it believes fewer than 100,000 customers were affected by the breach.

“As soon as [24]7.ai informed us in mid-March 2018, we immediately notified the credit card companies to prevent potential fraud, and launched a thorough investigation with federal law enforcement authorities, our banking partners, and IT security firms,” company officials said.

Sears Holdings said the credit card information of customers making purchases online between Sept. 27, 2017 and Oct. 12, 2017, may have been compromised, but that anyone using a Sears credit card was not affected.

The company said there’s no evidence its stores were compromised or that Sears’ internal data bases were compromised.

Sears Holdings is establishing a hotline for customers to find out more about the breach by Friday.

(Previous story)

Atlanta-based Delta Air Lines is the latest victim of a cyber incident.

>> Watch the news report here

Delta announced Wednesday that a "small subset" of customers may have had their payment information compromised online.

"(I’m) a little uneasy. I think they'll take care of it, so it will be OK, but the first gut reaction is a little nerve-racking," traveler Nicole Ladin told WSB-TV's Carl Willis at Hartsfield-Jackson International Airport, Delta's main hub. 

>> Visit WSBTV.com for the latest on this developing story

According to Delta, [24]7.ai, an online chat service they use, was hacked from Sept. 26 to Oct. 12 of last year, and payment information may have been compromised.

Delta said the airline was notified about the breach last Wednesday.

"It's just ... I think they have to make it 100 percent, to make it work 100 percent," traveler Marquise Bishop said.

Delta said the company will launch a special webpage at Delta.com/response at noon Thursday to address customer questions and concerns.

>> Read more trending news 

The airline also will start directly contacting customers who may have been impacted and ensure that customers are not responsible for any fraudulent payment card activity that may have happened.

Ladin told Willis that her mind will still be on her wallet as she flies home.

"Especially when you're a frequent flier. It gets a little nervous that that information has been leaked," Ladin said.

Here's is Delta's full statement about the cyber incident: 

"Last week, on March 28, Delta was notified by [24]7.ai, a company that provides online chat services for Delta and many other companies, that [24]7.ai had been involved in a cyber incident. It is our understanding that the incident occurred at [24]7.ai from Sept. 26 to Oct. 12, 2017, and that during this time certain customer payment information for [24]7.ai clients, including Delta, may have been accessed – but no other customer personal information, such as passport, government ID, security or SkyMiles information was impacted.

"Upon being notified of [24]7.ai's incident, Delta immediately began working with [24]7.ai to understand any potential impact the incident had on Delta customers, delta.com, or any Delta computer system. We also engaged federal law enforcement and forensic teams, and have confirmed that the incident was resolved by [24]7.ai last October. At this point, even though only a small subset of our customers would have been exposed, we cannot say definitively whether any of our customers' information was actually accessed or subsequently compromised.

"We appreciate and understand that this information is concerning to our customers. The security and confidentiality of our customers' information is of critical importance to us and a responsibility we take extremely seriously. Delta will launch delta.com/response, a dedicated website, noon ET April 5, which we will update regularly to address customer questions and concerns. We will also directly contact customers who may have been impacted by the [24]7.ai cyber incident. In the event any of our customers' payment cards were used fraudulently as a result of the [24]7.ai cyber incident, we will ensure our customers are not responsible for that activity."

>> Click here for more information from [24]7.ai

Toys R Us website goes black: No more online shopping for customers

Toys R Us and Babies R Us are no longer selling any products online.

On Monday, the toy retailer’s websites went black and customers were encouraged to visit stores for last-minute sales. The chain is offering up to 30 percent off storewide, and all sales are final. Liquidation sales started in late March.

>> Read more trending news 

“We have shut down the website for any purchases but our brick and mortar stores are open and holding going out of business sales,” a pop up message on the website read. “We encourage you to stop by your local store and take full advantage of the deep discounts and deals available,” the company said on its website.

Related: Toys R Us closing sales: What you need to know

The message also directed consumers to toysrusclosingsale.com and an FAQ page on the liquidations for more information. 

Toys R Us, Inc. voluntarily filed for relief under Chapter 11 in September 2017. Toys R Us was $5 billion in debt as of April 29.

Hackers steal information from Saks, Lord & Taylor cards

Hackers stole data from more than 5 million credit and debit cards used by Saks Fifth Avenue, Saks Off 5th and Lord & Taylor customers, CNN reported.

>> Read more trending news

Hudson's Bay Company, the owner of the retail stores, confirmed the data breach Sunday and said it has “identified the issue” and will take steps to contain it.

"Once the Company has more clarity around the facts, it will notify customers quickly and will offer those impacted free identity protection services, including credit and web monitoring," Hudson's Bay said in a news release.

Hackers gained information from cards that were used for in-store purchases, and there was no evidence that online transactions were impacted, CNN reported.

The breach likely impacted more than 130 Saks and Lord & Taylor locations across the country, but the "majority of stolen credit cards were obtained from New York and New Jersey locations," Hudson’s Bay said in its release.

Trump slams Amazon over taxes, use of postal service

President Donald Trump slammed e-commerce giant Amazon on Thursday, claiming that the company pays few-to-no taxes and that its use of the U.S. Postal Service is “causing tremendous loss to the U.S.”

>> Read more trending news

“I have stated my concerns with Amazon long before the Election,” the president wrote Thursday on Twitter. “Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!”

Amazon shares dropped Wednesday after an unidentified source told Axios that Trump was looking for ways “to go after Amazon with antitrust or competition law.” Trump has also criticized Amazon founder and CEO Jeff Bezos, who also owns The Washington Post.

>> Related: Amazon CEO Jeff Bezos is once again the world’s richest man

“He’s obsessed with Amazon,” an unidentified source told Axios. “Obsessed.”

White House press secretary Sarah Huckabee Sanders said Wednesday that despite the president’s comments, no specific policies were being pushed in regards to Amazon.

“The president has said many times before he's always looking to create a level playing field for all businesses, and this is no different,” she said.

Thursday’s comments were not Trump’s first criticisms of Amazon.

The president claimed in December that the post office was losing “many billions of dollars a year” and “charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer.” He wrote that the post office, “Should be charging MUCH MORE!”

Last summer, he questioned whether “Fake News Washington Post” was “being used as a lobbyist weapon against Congress to keep Politicians from looking into Amazon no-tax monopoly.”

The speculative comment earned a “Pants on Fire” rating from Politifact.com, the fact-checking group’s category for statements it deems to be most erroneous. The group noted that while Amazon is a large company, it’s not a monopoly.

“While Amazon takes advantage of tax breaks and loopholes, it pays federal corporate tax, and charges sales taxes in 46 U.S. jurisdictions,” according to Politifact. “It also supports federal legislation that would require other online retailers to pay state tax on internet sales.”

Uber car gets stuck after wrong turn down stairs; driver blames navigation app

Oops.

A San Francisco Uber driver's embarrassing wrong turn made headlines Monday after photos of the car stuck on a flight of stairs went viral on social media.

>> See a photo from the scene here

According to the San Francisco Examiner and Business Insider, the driver and two passengers were in the car Monday afternoon when it tumbled down the stairs outside a Safeway on Market Street, an Uber spokesperson said. No injuries were reported.

>> Read more trending news 

Business Insider reported that the driver, identified only as Fred, said he had been using Uber's navigation app, which told him to turn onto the staircase. 

Read more here or here.

Lance Armstrong's former Austin home on the market for $7.5 million

Want to live in Lance Armstrong’s old house?

>> See a video slideshow of the home here

The cyclist’s former home in west Austin, Texas, is on the market for $7.5 million. According to CultureMap, it was originally listed two years ago for $8.25 million.

>> On Austin360.com: See a photo gallery of the home

The six-bedroom, 7.5-bathroom home across the street from Pease Park was built in 1924 and has since been remodeled. The 8,158-square-foot home has a pool with a fountain, a pool house with a full bathroom and kitchenette and a covered outdoor living area.

>> Read more trending news 

Read more here.

Blue Bell reveals new ice cream flavor

Blue Bell’s newest limited edition flavor combines the best of several worlds into one, but the best news might be that you can order it and have it shipped anywhere in the U.S.

>> Read more trending news 

At first glance, Chocolate Peanut Butter Cookie Dough might seem to be targeting the cookie dough ice cream fans, but upon closer inspection, you’ll see that it’s the people who love peanut butter cookies and chocolate — aka people who also love Reese’s Peanut Butter Cups — who will be seeking out this flavor.

>> On Austin360.com: With no Blue Bell in sight, putting other ice creams to the test

The Brenham-based ice creamery often releases limited edition flavors, which sometimes sell out quickly. This flavor is available in 1/2 gallon and pint sizes, and it’s one of dozens of flavors you can order ($129 for four 1/2 gallons) to have shipped anywhere in the U.S. You can’t place the order online, but you can call 979-836-7977 to find out more.

>> On Austin360.com: How to make a blueberry muffin ice cream

Facebook privacy practices under investigation, FTC confirms

The Federal Trade Commission confirmed Monday that it is investigating Facebook’s privacy practices amid reports that the social media giant inappropriately shared user data with consultancy firm Cambridge Analytica.

>> Read more trending news

“The FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook,” Tom Pahl, acting director of the FTC’s Bureau of Consumer Protection, said Monday in a statement. “Today, the FTC is confirming that it has an open non-public investigation into these practices.”

>> Related: Here's how to download a copy of the data Facebook keeps on you

Facebook has faced criticism since reports surfaced that Cambridge Analytica got access to the data of about 50 million Facebook users inappropriately.

Citing unidentified sources, Bloomberg News reported last week that the FTC was investigating whether Facebook violated the terms of a consent decree it reached with the FTC in 2011 over privacy concerns.

>> Related: BBB warns about popular Facebook quiz

The decree required the company to “notify users and receive explicit permission before sharing personal data beyond their specified privacy settings,” CNBC reported. Officials declined to confirm the report.

If found in violation of the decree, Facebook could face a fine of $40,000 per violation, CNBC reported.

>> Related: You don’t have to #DeleteFacebook: 7 tips to lock down your privacy without leaving

Facebook founder and CEO Mark Zuckerberg said in a statement last week that Cambridge Analytica got data gathered from a personality quiz app created in 2013 by Cambridge University researcher Aleksandr Kogan. The app, which was installed by about 300,000 people, asked users to share their data as well as the data of their friends, Zuckerberg said.

>> Related: Facebook breach: Want to leave the social media giant? Here’s how

“Given the way our platform worked at the time, this meant Kogan was able to access tens of millions of their friends’ data,” Zuckerberg said.

He added that Facebook implemented measures in 2014 to prevent similar situations and better protect user privacy.

Remington, America's oldest gun maker, files for bankruptcy protection

The Remington Outdoor Company filed for Chapter 11 bankruptcy protection over the weekend, one month after company officials announced that a deal had been reached with the gun maker’s creditors, according to multiple reports.

>> Read more trending news

The 202-year-old company, one of America’s largest firearm and ammunition manufacturers, filed paperwork in Delaware bankruptcy court late Sunday estimating Remington’s liabilities to be between $100 million and $500 million, according to Bloomberg News and The Associated Press. Officials with Remington announced last month that the company had negotiated an agreement with its lenders to reduce its debt by about $700 million and add about $145 million in new capital.

>> Related: Gun manufacturer Remington to file for bankruptcy

Remington faced years of slumping sales in the wake of the 2012 shooting that left 20 first-graders and six educators dead at Connecticut’s Sandy Hook Elementary School. The shooter used a Bushmaster AR-15-style rifle, a gun made by Remington, according to CNN Money.

The company was cleared of any wrongdoing in the attack, but investors repulsed by the massacre distanced themselves from the company’s owner, investment firm Cerberus Capital Management.

Remington’s bankruptcy filing came after hundreds of thousands of people took the streets nationwide to call for raising the minimum age for gun purchases and other measures meant to make it more difficult to get firearms during Saturday’s “March for Our Lives” demonstrations.

>> Related: March for Our Lives: Emma Gonzalez stands in silence for Parkland victims, stuns crowd

A bankruptcy filing under Chapter 11 allows a company to reorganize and stay in business as it works to repay debtors.

Officials with Remington said in a news release last month that the company will continue to operate as normal as the restructuring process gets underway.

“Importantly, the fundamentals of our core business remain strong,” Remington CEO Anthony Acitelli said in a statement. “We have an outstanding collection of brands and products, the unqualified support of a vibrant community across the industry and a deep and powerful culture. We will emerge from this process with a deleveraged balance sheet and ample liquidity, positioning Remington to compete more aggressively and to seize future growth opportunities.”

The Associated Press contributed to this report.

200 items
Results 21 - 30 of 200 < previous next >