Late last year, during the holiday season, hackers somewhere in Europe stole 40 million credit and debit card numbers and tens of millions of other pieces of personal information from Target customers in the United States. As reported by Bloomberg Businessweek's Michael Riley, the malware attack wasn't particularly sophisticated or unique, and Target's security systems were extensive and ready for such an attack — and yet Target missed the early security warnings.
Originally published on Thu March 13, 2014 4:54 pm
Flanked by a cadre of salaried workers, President Obama signed a memo directing his labor secretary to rewrite the rules governing overtime in the country.
"Americans have spent too much time working more and making less," Obama said during comments preceding the signing ceremony.
Obama's proposal would rewrite a commonly used exemption in which a salaried worker designated as "executive, administrative and professional" is denied overtime if he or she is making more than $455 a week.
As the snow melts, even in Minnesota, and daylight lingers into evening, people who like to eat with the seasons know what's coming: asparagus.
"Asparagus means the beginning of spring. It's spring!" says Nora Pouillon, chef and founder of Restaurant Nora in Washington, D.C. Later this month, she'll revise her menu, and it will certainly include asparagus with salmon, and asparagus soup.
It's an elegant vegetable, Pouillon says, and unique: "Sweet and bitter at the same time."
Malaysia Airlines announced Thursday that it will stop using two flight numbers associated with the plane that disappeared over the Gulf of Thailand on March 8, following a long-standing practice of retiring codes after similar incidents.
Flight MH370 mysteriously vanished en route from Kuala Lumpur to Beijing with 239 people aboard. That number, which Malaysian Airlines uses to denote that particular route, will no longer be used after Friday as a "mark of respect" for the passengers and crew. MH371, the code used for the return flight, also will be retired.
Originally published on Thu March 13, 2014 1:56 pm
On Thursday, President Obama rolled out his plan for strengthening overtime pay protections for millions of workers. In his view, if more workers got fatter paychecks, they could spend more and stimulate the economy.
But if his critics are right, then employers would end up laying off workers to make up for the higher wage costs. And that would hurt the already painfully slow recovery.