Target CIO Beth Jacob is resigning as the retailer overhauls its information security and compliance division in the wake of a massive data breach.
The "Squawk on the Street" news team reports Target's CIO Beth Jacobs as resigned in the wake of its data breach.
IT disasters like cyberattacks and telecommunications outages are global business mangers’ greatest concerns, said a survey published on Wednesday.
Shoppers are visiting fewer stores than they did in the past, increasing the importance of building a loyal customer base.
Sears said it has launched an investigation to determine whether it was the victim of a security breach.
Just because a stock is broken doesn’t mean a company is broken. Of course sometimes it does.
CFO confidence takes a dip in the quarterly CNBC Global CFO Council poll. Cold weather and concerns over the minimum wage give CFOs the winter blues.
Stocks eked out small gains in volatile trading Wednesday, with the Nasdaq briefly hitting a 14-year high.
Many traders set up to be short stocks and Treasuries this year. Retail stocks seeing short covering today.
There has been a lot of pain because many traders had been set up to be short stocks and Treasurys this year. That trade has not worked out.
A cybersecurity firm said it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets.
Target's profit almost halved in the holiday quarter as it dealt with the fallout of a data breach and warned that it could hurt future profits.
U.S. stock index futures pushed higher on Wednesday ahead of more housing data and several quarterly fourth quarter earnings updates.
Chris Horvers, JPMorgan analyst, digs deep into the retailers fourth quarter numbers, after last year's massive data breach helped push profits down. It's going to take time for Target to rebuild confidence with the consumer, says Horvers.
Some of the names on the move ahead of the open.
It may be time for Darden Restaurants to let shareholders take Red Lobster into their own hands.
Burt Flickinger, managing director at Strategis Resource Insight Group, comments on Target ahead of the group's result and says it should set a new record regarding litigation and liability costs due to its data breaches.
Some of Tuesday's midday movers:
Some within the industry say the globalization of retail has brought with it a new challenge: It's taking the excitement out of global shopping.
The U.S. House of Representatives' committee has demanded copies of messages showing when retailer Target learned of a breach of customer data.