A data breach at Supervalu may have affected as many as 200 of its grocery and liquor stores, including some in Maryland and Virginia, as well as retail chains recently sold by the company in two dozen states.
Hackers accessed a network that processes Supervalu transactions, with account numbers, expiration dates, cardholder names and other information possibly stolen, the company said. The breach occurred between June 22 and July 17, according to Supervalu, which said it took immediate steps to secure that portion of its network.
The cards from which data may have been stolen were used at 180 Supervalu stores and liquor stores run under the Cub Foods, Farm Fresh, Hornbacher’s and Shop ’n Save names, as well as Shoppers Food & Pharmacy stores in the Maryland and Virginia suburbs. Data also may have been stolen from 29 franchised Cub Foods stores.
Supervalu said a related criminal intrusion occurred at the chain stores it sold to Cerebus Capital Management in March 2013, stores that Supervalu continues to supply with information technology services. Those stores include Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market — and related Osco and Sav-On in-store pharmacies in two dozen states.
Supervalu has yet to determine if any cardholder data was actually stolen and said there’s no evidence of any customer data being misused. Supervalu created a call center to help answer customer questions about the data breach and identity protection services being offered. The call center can be reached at 855-731-6018.
— Associated Press
Activist Bill Ackman’s Pershing Square Capital Management filed its second lawsuit in two days against the U.S. government over the bailout of Fannie Mae and Freddie Mac, court documents show.
In Friday’s complaint with the U.S. District Court, Pershing Square alleged that the Treasury Department illegally seized tens of billions of dollars in Fannie and Freddie profits.
Pershing Square, the largest shareholder of both mortgage companies, said in the complaint that it was told the Fannie and Freddie stockholders no longer have fundamental shareholders rights. Pershing suggests that the mortgage companies’ dividends being paid to the Treasury should be shared among other common shareholders.
In a complaint filed Thursday, Pershing accused the government of violating the Fifth Amendment by taking private property for public use without just compensation.
● U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals. Manufacturing production rose 1 percent in July compared with the prior month, the Federal Reserve said. Demand for autos surged 10.1 percent last month, the largest increase since July 2009.
● Falling gasoline costs lowered the prices that U.S. companies received for their goods and services last month, keeping overall inflation in check. The producer price index rose 0.1 percent in July, following a 0.4 percent gain in June, the Labor Department said. The index measures the cost of goods and services before they reach the consumer. Wholesale gas prices fell 2.1 percent.
● Ireland’s sovereign credit rating was raised to A- by Fitch Ratings as the country’s economy starts to grow. The rating was increased from BBB+ with a stable outlook, Fitch said. Ireland exited an international bailout last year, and its economy is expected to grow by 3.5 percent this year, according to Dublin-based Davy, Ireland’s largest securities firm.
● The Agriculture Department has approved a regulation that will require all imported puppies to be at least 6 months old, healthy and up-to-date on vaccinations. The department said Census Bureau data show about 8,400 puppies a year were imported without regulation between 2009 and 2013. The Humane Society of the United States said the actual number is much higher, and Deborah Press of the American Society for the Prevention of Cruelty to Animals said most of the puppies are flown in from puppy mills in China and Eastern Europe. Both agencies get calls every year from people who buy the puppies only to have them die of illness. Under the new regulation, violators can be fined $10,000.
● Two Brazilian companies are taking their effort to acquire Charlotte-based Chiquita Brands International directly to shareholders. Cutrale and Safra Group are trying to preempt Chiquita’s upcoming merger with Fyffes, an all-stock deal that would create ChiquitaFyffes, the world’s largest banana company. Chiquita has called a special meeting Sept. 17 for shareholders to vote on the Fyffes deal. On Monday, the Brazilian companies made an unsolicited upset bid to acquire Chiquita for $610 million. Chiquita’s board of directors voted unanimously to reject the deal and stick with Fyffes. In a securities filing late Friday, Cutrale and Safra urged shareholders to vote against a combination of Chiquita and Fyffes.
● Ford is recalling almost 160,000 2013-14 Focus ST and Escapes for a problem with wiring harnesses that could cause the vehicles to stall. The recall only affects models with the 2.0-liter engine in North America. The recall follows three others from Ford. There is a recall of 1,320 2015 Transit commercial vans for a potential brake fluid leak. Ford also recalled 610 2015 Transit cargo vans because the windowless sliding doors are missing an epoxy reinforcement and could become unlatched in a side-impact collision. About 1,300 2015 Lincoln MKC compact crossovers also have been recalled because some windshields might have air bubbles.
● FedEx faces money-laundering charges in a drug-trafficking case brought by the United States last month over shipping of prescription painkillers and other controlled substances for illegal Internet pharmacies. The allegations of a conspiracy to launder money were included in a revised indictment against the company filed Friday in federal court in San Francisco. FedEx and individuals who ran the illicit pharmacies “knowingly and intentionally” schemed to launder more than $630,000 in shipping payments that were derived from drug sales, federal prosecutors said in the indictment.
— From news services