A breach of credit and debit card data at discount retailer Target may have affected as many as 40 million shoppers who went to the store in the three weeks after Thanksgiving, the retailer said Thursday.
Darden Restaurants Inc.'s (DRI) second-quarter earnings dropped 42% as results at its struggling Red Lobster business were well below expectations.
Mark Zuckerberg, the chief executive officer of Facebook Inc. (FB), is selling shares to help pay taxes, joining the company and some other shareholders in an offering worth about $3.9 billion.
Michael Steinberg, who was Steven Cohen's right-hand man at SAC Capital, was found guilty by a jury on insider-trading charges.
The surprise decision by the U.S. Federal Reserve to slow down its bond-buying program has been cheered by stock markets amid signs that the U.S.