China April industrial profits +14.0 pct y/y - stats bureau
BEIJING, May 27 Profits earned by China’s industrial firms in April rose 14.0 percent from a year earlier, the statistics bureau said on Saturday, slowing from the pace in March.
BOSTON May 5 Target Corp said that Chief Executive and Chairman Gregg Steinhafel is leaving in the wake of the devastating data breach late last year that hurt profits, shook customer confidence in the No. 3 U.S. retailer and prompted congressional hearings.
"Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target," the board said in a statement released on Monday.
It named Chief Financial Officer John Mulligan as interim president and CEO and appointed Roxanne Austin, a current member of Target's board of directors, as interim non-executive chair of the board.
Target announced in December it was the victim of a cyber attack that resulted in the theft of at least 40 million payment card numbers and 70 million other pieces of customer data. (Reporting by Jim Finkle; Editing by Chizu Nomiyama)
May 26 Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.
* Receives final order approving proposed plan of arrangement with WI-LAN