1. Target's Chairman and CEO out in wake of breach

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    Posted: Monday, May 5, 2014 7:07 am | Updated: 7:08 am, Mon May 5, 2014.

    Associated Press |

    NEW YORK (AP) — Target's massive data breach has now cost the company's CEO his job.

    Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and has derailed its business.

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