GM expands vehicle recall, cites 13 deaths
CNNMoney: General Motors announced Tuesday that it is expanding a recall of compact cars due to an ignition problem, and has reported more deaths (13) resulting from the problem. The recall now affects 1.37 million vehicles built between 2003 and 2007. In addition to 778,000 Chevrolet Cobalts and Pontiac G5 cars recalled earlier this month, GM is also recalling Saturn Ions, Chevrolet HHRs, Pontiac Solstices and Saturn Sky models for the same issue.
Target warns data breach could hurt future profit
Reuters: Target Corp's net profit almost halved in the holiday quarter as the third-largest U.S. retailer dealt with the fallout of a massive data breach and warned that costs related to the event could hurt future profits. Target incurred $61 million in expenses related to the breach during the quarter, but those costs were offset by a $44 million insurance payment, bringing down the impact to $17 million. The retailer said it has not been able to estimate future expenses related to the data breach.
Google Glass faces driving bans as states move to bar use
Bloomberg: Gary Howell, a member of the West Virginia House of Delegates, wants to protect the roads from Google Glass, and has introduced a bill to ban drivers from wearing the device. Similar measures have been introduced in at least five other states, although the device is still in its experimental stage. Google Inc. is concerned enough about the bills that is has hired lobbyists in at least two states to, as the company puts it, educate lawmakers about Google Glass.