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Consumers Target-ed: the US retail data-mining scandal

Hackers managed to steal data about millions of customers from retail giant Target at the tail end of last year, and the effects are still being felt. Are Americans about to get serious about personal financial security?

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Business media takes its eye off the ball: long list of duds

Poor disclosure habits are emerging in Australian business and there is depressingly little media scrutiny of it.

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Wesfarmers board to blame for Target layoffs

Wesfarmers has continually mismanaged Target, and as a result hundreds of people have now lost their jobs.

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Click frenzy, profit wait for local retailers

Australia’s big retailers are trying to jump on the Click Frenzy bandwagon, while Target is still fighting to make a profit online. The numbers for many simply don’t add up.

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Helen Razer: Target’s ‘tramp’ gear just child’s play

Is Target creating a generation of young “sl-ts”? Or are children too busy learning how to spell to understand the more complex symbolism of raiment?

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Trujillo remains on Target in US

Sol Trujillo has retained his high profile US board seat on discount retailer, Target.

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Not a good election to win?

Wayne Swan was sworn in yesterday as Treasurer. Swan has said that dealing with inflationary pressures in the economy will be the government’s “number one priority”. With inflation rising and the US heading for a possible recession, the prospects of a second Labor term depends on how Rudd and Swan handle what happens next.

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Morning Market Report

The highlights and lowlights of this morning’s sharemarket activity.

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Hills Industries investors ahead of the game

Where was the ASX when Hills Industries shares spiked almost 15% late last week? asks Glenn Dyer.

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A bad time to win government? The economists’ view

With inflation hitting the top of the RBA’s target band and continued fragility in US markets, Crikey asked a panel of leading economists if now is a bad time to win government.

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Kerr: Costello, bastardry and brilliance

Bastardry or brilliance? How about a bit of both? It’s an almighty piece of petulance from Dollar Sweetie, but it’s not without its logic. Costello has given the ALP another scalp, but has also denied them a target, writes Christian Kerr.

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Pearse: Ratifying Kyoto will be the easy bit

Kevin Rudd will get a hero’s welcome at the upcoming climate change negotiations in Bali and Australian ratification of the Kyoto Protocol will be warmly received by national leaders everywhere but Washington and Ottawa, writes Guy Pearse.

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The King is dead, let’s assassinate the King

And now the worms turn. Perhaps not today – they’re a bit distracted by the Liberal Party rabble – but soon enough. The journalists who have been bagged by Coalition toadies and would-be Liberal candidates as being a bunch of doctrinaire Howard-haters will start to show their true colours, writes Michael Pascoe.

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Election ’07: What overseas papers are saying

What The Independent, The Guardian, The Washington Post and more are saying.

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Flinders Diamonds: Delivering 790% to shareholders since yesterday

For those who believe that the music will never stop, like the market’s most oft-quoted bull, Charlie Aitken, Flinders Diamonds should be a somewhat of a warning bell, writes Adam Schwab.

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Morning Market Report

The highlights and lowlights of this morning’s sharemarket activity.

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Election Party Planner: What would Martha Stewart do?

For the Liberals, a picket fence-themed party is always a hit. Kevin ‘07 revellers need a decorative mood that’s triumphal and happy — but can be turned around at a moment’s notice.

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An end to big spending

Will we be seeing any more big spending policies? Probably not. There’s a practical reason for that, writes Christian Kerr.

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Facebook: advertisers’ dream becomes a reality

Once upon a time when people came together it was likely to be in a civic space – a common, park or town hall. Then came the shopping malls, which provided air conditioned meeting places, so long as you didn’t mind being bombarded with commercial messages. Now we have social networking online.

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Hey Facebookers, it’s what you signed up for…

Surprise, surprise. Social networking internet site Facebook has begun selling advertisements to all the people now addicted to it. The same people — Gen X and Y — advertisers find so difficult to reach. Cash cow, anyone?

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Blogwatch: the Facebook edition

Facebook set to become just another spammer? … Facebook has fulfilled its destiny: it is now Adbook … Just capitalising on what friends already do … Facebook abuse, the new web violation … Does it even work anyway?

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Adopt a Politician: our brush with Malcolm Turnbull

We as youth have been receiving some interesting responses from the candidates. Some have been really supportive, some understanding, some incredibly helpful and some absolutely ridiculous. Our example of the ridiculous involves our meeting with Malcolm Turnbull, writes Stela Solar.

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Kilgour: Garrett a vote winner for the ALP

The Howard Government is desperate. Fancy running yet another attack ad off the back of Peter Garrett’s throwaway line to Steve Price last week. It will not change a vote, writes Adam Kilgour.

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When is an independent expert truly independent?

On Wednesday ASIC released its much anticipated regulatory guides on the content and independence of Independent Expert’s reports. Much criticism has surrounded the publication and content of Independent Experts reports, with many repeating the old adage that the reports are neither independent, nor expert.

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Is Rudd’s plan really a slap in the coal face?

Environment Minister Malcolm Turnbull yesterday claimed that Labor’s MRET target of 20% by 2020 was like “slapping the coal industry in the face.” Undeterred by the uncomfortable conflict between juggling the Environment portfolio and also leaping to the defence of the coal industry, Turnbull said Mr Rudd had “slammed the door in the face of the coal industry”, by not including clean coal technology in the ALP’s policy.

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