Thursday, August 28, 2014

Big banks hacked, U.S. growth revised up, Dollar General still wants Family Dollar

THE FORTUNE DAILY

Thursday, August 28, 2014

JPMorgan Chase, other U.S. banks hit by cyberattacks


Hackers gained access to the networks of at least five banks and funneled off gigabytes of data, reports say.

Is hacked the new normal?


Cyber attacks are becoming a reoccurring problem for big companies. Fortune's Andrew Nusca and Robert Hackett discuss cyber security on this week's Tech Debate.

Economy's spring rebound was stronger than expected


Growth revised higher to show a 4.2% annual rate, boosted by consumer spending, exports.

Dollar General says it still wants to acquire rival Family Dollar


The leading U.S. deep discount retailer reaffirms commitment to a deal, says discounts hurt its profit.

Ukraine, Russia lurch towards outright state of war


The U.S. says a 'Russian-directed' offensive has started in Ukraine.

By Claire Zillman

Why Zara can't seem to stop selling anti-Semitic clothing


First a swastika handbag, now a concentration camp shirt. The fast fashion retailer is perhaps too fast for its own good.

By Chris Matthews

America's most indebted generation? Gen X


Gen Xers aren't making much more than their elders, and they have taken out way more debt and are reducing it at a slower pace than any other generation.

By Tom Huddleston, Jr.

Sipping and tripping: The growing market for weed-infused edibles


Like other pot-related markets, there are no major players involved yet, which means a lot of room for growth.
Software will eat the $1.2 trillion apparel industry
Banks hacked and Microsoft in China — five things to know today
Eurozone bank lending, sentiment fall again, pressuring ECB
Mylan CEO: Tax code handicaps and penalizes U.S. companies
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