Sponsored by

GRE Business Report: January 23

The top business headlines.
Target has announced that it is laying off 475 workers.  The retail giant has eliminated another 700 vacant positions over the last six months.  The cuts are across the company's operations, but no workers in Canada are losing jobs.  Last month, Target disclosed that hackers stole 40 million customers' credit card information.  Earlier this month, Target officials said information about 70 million more customers was also stolen during the breach. 

Natural gas prices soared Wednesday, as another powerful winter storm hit the northeastern part of the United States.  Industry watchers say the northeast's natural gas infrastructure is in need of an upgrade, particularly as natural gas production booms in the US.  When the extreme winter hit, the strain on the pipeline system increased.  Nearly all natural gas pipelines headed into New York and New England were constrained on Wednesday.

With the countdown to the Super Bowl underway, United Airlines is trying to help more fans get to the Big Game.  The airline announced it's adding flights to its New Jersey hub at Newark Liberty International Airport.  The Super Bowl will be played on February 2nd, at New Jersey's MetLife Stadium, just outside of New York City.  The additional United Flights go between New Jersey, Denver, and Seattle -- the home cities of this year's Super Bowl teams, the Broncos, and the Seahawks.
Page: [[$index + 1]]
comments powered by Disqus