Good morning from the business news desk of the Star Tribune.
Target just issued a statement saying that, in addition to financial information, the thieves who breached the company's data system in late November through mid-December also obtained personal information for about 70 million customers. The company warned its investors of the potential cost of the breach and said it would take a charge to its quarterly earnings. The company also lowered its sales guidance, giving the first indication of how badly the breach incident affected store traffic and sales. Instead of unchanged comparable store sales, the company said they likely fell 2.5%.
Coming in just minutes, the biggest economic news of the week: the monthly jobs report from the Labor Department. There's a chance the U.S. unemployment rate has fallen below 7% for the first time since November 2008. Look for the job adds number to be around 193,000.
Stocks look set for a positive opening in New York. Asia shares were mixed overnight while Europe is currently trading higher.