Target News

Target, Hoverboard Maker Agree to $38.5M Settlement Over Fire That Killed 2 Girls

Retailer Target and the maker of a hoverboard the store sold have agreed to a $38.5 million settlement of a lawsuit claiming the scooter caused a Pennsylvania house fire in which two girls, ages 10 and 15, died. The lawsuit …

Target Closes Nine NYC, West Coast Stores to Stop Losses From Rising Theft

Target Corp. is closing nine stores in four states to stem losses from rising retail theft. One Manhattan location will be shuttered, along with two in Seattle, three in Northern California and three in Portland, Oregon, Target said in a …

Chubb Must Pay Target for Breached Bank Cards After Court Reversal

In an “extraordinary remedy” of a judgment from a year ago, a federal court judge in Minnesota reversed a decision that Target Corp. was not entitled to insurance coverage from Chubb for costs the retailer incurred to replace payment cards …

Carolina Supreme Court Limits Damages from Needle Stick in Target Parking Lot

Carla Denise Garrison’s 8-year-old daughter picked up a used hypodermic needle from the parking lot outside a Target store and asked, “Mommy, what is this?” Garrison instinctively swatted the syringe away, poking her daughter’s palm in the process. The puncture …

Target Paying $7.4M to Settle California Waste Lawsuit

The Target store chain has agreed to pay $7.4 million to settle California allegations that it improperly dumped hazardous waste into landfills, ranging from batteries to drugs and syringes. Minnesota-based Target didn’t acknowledge any wrongdoing in the lawsuit settlement filed …

Corporations Have ‘Alarmingly High’ Failure Rate with Their Cyber Defenses: Accenture

About one-third of targeted attempts to breach corporations’ cyber defenses succeed but three-quarters of executives remain unaccountably confident in their security strategies, Accenture Plc. reported Wednesday in a survey of 2,000 security officers representing large enterprises worldwide. The “alarmingly high” …

Israeli Cyber Security Business Foundry, Team8, on Track to Build 5 Firms by 2020

Team8, a cyber security business foundry created by veterans of the Israeli army’s technology and intelligence unit 8200, said it closed a $23 million round of financing. Team8 plans to use the money to develop five companies over the next …

California Farm Recalls Produce Used in Costco’s E. Coli-linked Salad

A California farm is recalling a vegetable mix believed to be the source of E.coli in Costco chicken salad that has been linked to an outbreak that has sickened 19 people in seven states, the Food and Drug Administration said. …

California Top Court to Decide on Retailer Defibrillator Issue

Are large California retailers required to have a device on hand to treat customers who fall victim to sudden cardiac arrest? The California Supreme Court is taking up that question during oral arguments. At issue is a Southern California family’s …

Bank, Wisconsin Man File Class-Action Suit Against Target

A Wausau, Wis., bank and a Fitchburg man have filed a class-action lawsuit against Target Corp. over last year’s massive security breach. Similar lawsuits have been filed in other states, but this is the first of its kind to be …