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Retailer Michaels Stores confirms payment card data breach

- Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Friday confirmed that there was a breach of certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.

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Rockwell Collins looks to join global aircraft tracking task force

- Rockwell Collins Inc, maker of a key communications system for jets, is interested in joining a task force on improving global airline tracking to prevent further disappearances of planes like Malaysia Airlines Flight 370, its chief executive said on Thursday.

4:56pm EDT

U.S. regulator reasserts goal to restrict AT&T, Verizon in auction

WASHINGTON - The top U.S. telecommunications regulator on Thursday reasserted his commitment to helping smaller national wireless carriers get access to valuable lower-frequency airwaves in the upcoming spectrum auction.

3:55pm EDT

Wal-Mart takes on money transfer companies with new service

- Wal-Mart Stores Inc is launching a money transfer service in a direct challenge to the dominance of Western Union Co. and MoneyGram, aiming to broaden the financial services it offers to low-income customers and increase store traffic.

1:38pm EDT

Samsung licenses 3D chip manufacturing tech to GlobalFoundries to win more orders

SEOUL - Samsung Electronics Co said on Friday it would license its latest chip manufacturing technology to U.S. firm GlobalFoundries, a move that would help it expand production as it vies with bigger rival TSMC for orders from customers like Apple Inc.

Media 12:12pm EDT

Nokia suspends European tablet sales due to charger fault

HELSINKI - Nokia has suspended sales of its Lumia 2520 tablet in some European countries while it fixes a fault with charger units which it said on Thursday could pose a risk of causing an electric shock.

9:13am EDT

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