PRESIDENT BUSH ANNOUNCES HIS NOMINATION OF PAULSON TO SECRETARY OF TREASURY
President George W. Bush announces his nomination of Henry M. Paulson, Jr. (right), Chairman and CEO of Goldman Sachs, to replace John W. Snow (center) as U.S. Treasury Secretary, in the Rose Garden of the White House on May 30, 2006. (UPI Photo/Martin Simon/POOL)
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Wall Street data distributor Bloomberg LP said it was taking steps to get ahead of damage that may erupt from revelations of a privacy breach at the company.
At least three major Wall Street banks said they were working on replacing some of the features offered by Bloomberg LP.
U.S. retail receipts slipped for the second consecutive week, the International Council of Shopping Centers reported Tuesday.
The editor in chief at Bloomberg News said company reporters had tracked Wall Street personnel through terminal use since the early days of the company.
The chief executive at New York financial information firm Bloomberg called a privacy-impacting news-gathering technique used by reporters a mistake.
U.S. retail receipts slipped 1 percent in the week ending Saturday, the International Council of Shopping Centers reported Tuesday.
U.S. retail receipts rose modestly in the week ending Saturday, climbing 0.4 percent from the previous week, a U.S. trade group said.
J.C. Penney Co. is close to securing a $1.75 billion loan that would be secured by the U.S. department store chain's property, The Wall Street Journal reported.
UPI Almanac for Saturday, April 27, 2013.
U.S. retail receipts rose 0.8 percent in the week ending Saturday, a U.S. trade group said.
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