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GRE Business Report: December 19th

A look at the top business headlines.
Authorities are investigating an apparent credit card breach at Target stores. The Secret Service confirms it is looking into the matter, but has not offered additional information. According to a report, the discount retailer was apparently hacked last month around Black Friday. Krebs says there is a chance the security of millions of debit and credit cards may have been compromised. There has been no comment from Target. 

Still have holiday shopping to do? Some stores are trying to make it easier for you. USA Today reports Macy's, Nordstrom, Target and Toys R Us have announced extended hours to make sure you get everything crossed off your list. For the fourth straight year, Toys R Us will be open for four straight days, starting at 6 a.m. Saturday the 21st. Retailers are citing the shortened shopping season as the main reason for staying open longer. 

Delta Airlines says it will now allow phone calls during its flights. A company spokesman said the decision is based on feedback from frequent flyers who said in-flight calls would be disruptive. Last week, the FCC said it was considering lifting its ban on in-flight cell phone use. Following the announcement, several government officials say they would work to prevent allowing calls during flights. 

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