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US: Target lowers Q4 guidance amid data breach

2014-01-13 13:41:00| Daily apparel & textile news and comment - from just-style.com

Target Corp has warned of larger losses than expected in its fourth-quarter as it revealed a data breach in December may now have affected 70m customers.

Tags: data target guidance breach

 

Aid agencies head to Tonga amid reports of extensive damage

2014-01-13 02:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Relief agencies were sending aid to Tonga on Monday amid reports of extensive damage to low-lying islands in the South Pacific archipelago after they were battered by a strong cyclone at the weekend. Early reports from emergency workers suggested that category five Cyclone Ian and its associated hurricane-force winds had caused significant damage to islands in the north. Tonga's director of emergencies, Leveni Aho, said there was no communication with 80 percent of the worst-hit Ha'apai island...

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Li & Fung rules out big buyouts amid sluggish consumer spending growth

2014-01-12 23:37:09| Logistics - Topix.net

Global sourcing and distribution giant Li & Fung plans to make no major acquisitions in the coming three years, focusing instead on making more money from existing assets in the face of sluggish growth in worldwide consumer spending, chairman William Fung Kwok-lun said.

Tags: big rules growth consumer

 

Hawaiian Airlines defends airfares on neighbour islands amid rises in costs

2014-01-10 05:38:48| Airlines - Topix.net

The chief executive of Hawaiian Airlines says airfares that have risen for travellers throughout Hawaii are reasonable given rises in fuel costs, government fees and other operating costs.

Tags: costs islands airlines rises

 

Amid Shrinking Market Share, Apple's 2014 Challenges Loom Large

2014-01-09 16:00:00| TechNewsWorld

In my mind, 2014 is shaping up to be Apple's wildest year in the post-Jobs era. Last year, we saw a lot of incremental innovations from Apple but no thunderous new products. Sure, the new Mac Pro is insanely small, quiet and super sexy -- not to mention manufactured in America, which is no small feat these days -- but it's also a niche product for professionals.

Tags: large share market challenges

 

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