Saturday, December 27, 2014

Follow us:
Follow @NY1 on Twitter Follow NY1 News on Facebook Follow NY1 News on Google+ Subscribe to this news feed 


NY1 delivers financial news from the floor of the New York Stock Exchange.

Business Headlines: Michaels Warns Customers of Security Breach

  • Text size: + -
TWC News: Business Headlines: Michaels Warns Customers of Security Breach
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

out of 10

Free Video Views Remaining

To get you to the stories you care about, we are offering everyone 10 video views per month.

Access to our video is always free for Time Warner Cable video customers who login with their TWC ID.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

Wall Street took the day off Friday as Christians observed Good Friday, but NY1's Diane King Hall took a look at some of the day's business headlines.

Michaels Warns Customers of Security Breach

The nation's largest arts and crafts chain said an eight-month-long security breach may have affected more than 2.5 million customers.

Michaels said customers that swiped their cards between May 8, 2013 and January 27 of this year may have had their credit or debit card numbers stolen.

Expiration dates may have been stolen, too.

The company does not think customers' names or PIN numbers were compromised.

Mazda Recalling Tribute SUVs in Cold-Weather States

Another day, another recall.

Mazda is recalling more than 100,000 Tribute SUVs in cold-weather states after identifying a problem that could cause drivers to lose control of steering.

The car maker said a frame part can rust and cause a part to separate.

The recall covers SUVs from the 2001 through 2004 model years.

Chipotle to Raise Prices for First Time in Three Years

Burrito lovers in the city will soon have to fork over a little more cash at Chipotle.

The Mexican food chain said it's raising prices for the first time in three years.

The Denver-based chain's popularity has surged in recent years, but higher beef, avocado and cheese prices have taken a toll on the company's bottom line.

Chipotle executives have said in the past that they were considering a hike of about 3 percent to 5 percent. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP