User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


58° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Target Grapples With Security Breach Fallout

January 23, 2014, 6:30 AM

Target Grapples With Security Breach Fallout
MINNEAPOLIS, MN -

The Target Corp. hasn't said publicly where the loss of nearly 500 jobs will fall.

The giant retailer, based in Minneapolis, says it's terminating 475 employees worldwide. And over the last six months, Target says it has eliminated 700 open positions.  Target has about 10,000 corporate employees in downtown Minneapolis.

The move comes almost two weeks after Target lowered its fourth-quarter profit outlook as it grapples with the fallout of a massive security breach. The company was planning on big holiday sales, but instead was victimized by the data breach that hurt its image and stock prices and sent shoppers elsewhere.

Target also says it will no longer be offering health care coverage for its part-time workers. The company cites new options now available through health care exchanges under the Affordable Care Act.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Raven Balloons In Demand By Google

8/20/2014 9:10 AM

Raven Industries reports that sales for the second quarter are up to $94.5 million from $93.4 million the same time last year, due in part to Google&#...

Full Story
PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Sioux Falls Store Included In UPS Breach

8/21/2014 1:53 PM

If you used a credit or debit card at a UPS Store in the last seven months, some of your personal information could be a risk.  

Full Story
Woman-Owned Highway Construction Company

8/21/2014 10:05 PM

There are nearly eight million women owned businesses in the U.S.  But only eight percent of construction businesses are owned by women. 

Full Story | Watch


Events