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Wall Street Reacts To Ukraine Crisis

Posted On August 28, 2014

(New York, NY) -- Stocks are closing in negative territory amid concerns over increased fighting between Ukraine and Russian forces. After closing above two-thousand for two straight days, the S&P 500 dropped three points to end the session at 19-97. The Dow Jones Industrial Average fell 42 points to 17-079 and the Nasdaq lost 12…

Dairy Queen Possible Victim Of Data Breach

Posted On August 28, 2014

(Edina, MN) -- Ice Cream giant Dairy Queen says they could have been the victim of a possible data breach. The Edina, Minnesota based company is warning customers that their information could be at risk. An investigation began after Security.com discovered more than 50 cases of credit and debit card fraud involving customers who visited…

AIG Head To Step Down Due To Terminal Cancer

Posted On August 28, 2014

(Undated) -- The head of American International Group will be stepping down early after learning that his cancer has worsened. AIG's Bob Benmosche told Bloomberg News recently that he only has nine months to one year to live. The 70-year-old president and CEO had planned to step down early next year. Peter Hancock will take…

U.S. Economy Shows Healthy Expansion Rate

Posted On August 28, 2014

(Washington, DC) -- The U.S. economy is doing just fine, according to the government's latest GDP report. Gross domestic product rose 4-point-2-percent in the second quarter, which was more than was forecast. The Commerce Department says corporate profits showed the most improvement in nearly four years. Companies like General Electric saw more orders for large…

Dollar General Says It’s Committed To Family Dollar Deal

Posted On August 28, 2014

(Undated) -- Dollar General executives say they're still committed to buying rival Family Dollar. The announcement comes as Dollar General reports second quarter earnings of more than 251-million dollars today. The 83-cents per share profit matches analysts' estimates. Family Dollar's board last week turned down a nine-billion dollar buyout offer from Dollar General. Family Dollar…