Raymond Boyd/Getty Images(ST. LOUIS, Mo.) -- Another day, another data breach; this time for Scottrade Inc.
On Friday, the discount brokerage company released a statement on its website saying federal law encorment officials had informed Scottrade there were ongoing investigations into theft of company information.
"Although Social Security numbers, email addresses and other sensitive data were contained in the system accessed, it appears that contact information was the focus of the incident," said the statement.
The statement also said the company had "no reason to believe that Scottrade’s trading platforms or any client funds were compromised."
Scottrade said they were in the process of notifying about 4.6 million affected clients about the data breach, and offering "identity protection services."
iStock/Thinkstock(NEW YORK) -- Big gains on Wall Street at the end of the week, despite a poor jobs report.
The Dow Jones Industrial Average climbed 200.36 to close at 16472.37.
The Nasdaq gained 80.69 to end 4707.78, while the S&P 500 finished the session at 1951.36, up 27.54 from its open.
The jobs report for September revealed employers created far fewer jobs than expected. Economists expected at least 200,000 new jobs and only 142,000 were reported. According to the Labor Department the jobless rate is still at 5.1 percent, but the overall growth remains strong. Investors believe it may be a sign the Federal Reserve will hold off on raising interest rates this year.
Wal-Mart Inc. said on Friday in an email to staff that the company was laying off 450 employees who worked at the headquarters in Bentonville, Arkansas. The lay-offs include a few managers and vice presidents. Two months ago Wal-Mart had announced a 15 percent drop in quarterly net profit from the year before.
Another day, another security breach. Scottrade Inc. revealed in a statement that federal law enforcement officials were investigating theft of information from clients.
"Although Social Security numbers, email addresses and other sensitive data were contained in the system accessed, it appears that contact information was the focus of the incident," read the statement.
The discount brokerage company said they did not believe that any clients funds were compromised.
Jose Carlos Fajardo/Bay Area News Group/TNS via Getty Images(NAPA, Calif.) -- A group of predominantly African-American women who are part of a women's book club that was kicked off a Napa Valley Wine Train in California for allegedly being "too loud" has filed an $11 million lawsuit against the company, according to a court complaint.
The incident happened Aug. 22, when they say a customer complained and the eight members of the Sistahs on the Reading Edge Book Club and three friends of the club, including one white woman, were then "paraded" through six cars and forced to get off, where they were met by police, according to Lisa Johnson, the book club's founder.
"That was the most humiliating experience that I have ever had in my entire life," Johnson, 47, said with tears in her eyes at a news conference Thursday. "This is 2015, and this just cannot happen again."
The incident sparked outrage on social media, where the hashtag #laughingwhileblack trended.
In addition to allegations of racial discrimination, the women are also suing the company for libel, defamation and intentional infliction of emotional distress, according to the court complaint obtained by ABC News.
The women's lawyer, Waukeen McCoy, told ABC News Friday that the premise of such allegations came from a Facebook post the company wrote, that said in part, "Following verbal and physical abuse towards other guests and staff, it was necessary to get our police involved."
"Two of the members have been terminated from their jobs because of the lies the company said in that Facebook post," McCoy said.
The post has since been removed, and the company issued the women a full refund, apologized for the women's "terrible experience" and the "inaccurate post" and offered a free ride.
But the women believed the apology was "disingenuous" and rejected the offer, McCoy said. He added that they hope the $11 million they are asking for in general damages, along with special and punitive damages, "will prevent the company from ever doing anything like this again."
"Black people are being treated differently in America," he said. "We believe this lawsuit will highlight this. We want to have the conversation about these issues, and we hope this lawsuit will help rectify such issues and expose folks who aren't treating people fairly."
The Napa Valley Wine Train said in a statement to ABC News that it takes allegations of discrimination very seriously and has hired a former FBI agent to investigate the lawsuit's allegations. The company added that it will "have the appropriate response to the complaint" after an investigation has been conducted.
Mattel(NEW YORK) -- Mattel introduced a new version this week of the classic View-Master toy with a modern twist: virtual reality.
In collaboration with Google, Mattel created a plastic kid-friendly version of Google Cardboard to view new places and experience adventures. Priced at $29.99, the device is cheaper than adult virtual reality devices, such as those from Samsung and Oculus that cost hundreds of dollars. But the View-Master Virtual Reality Viewer, for ages 7 and up, is a jump up from the free Google Cardboard device you can make at home for free.
Users need an iOS or Android phone compatible with Google Cardboard and place it in the device.
Mattel is betting on new toys like the View-Master Virtual Reality Viewer and Hello Barbie talking doll to emerge out of a sales slump ahead of the holiday season. Mattel reported a loss of $11.4 million in its second quarter and will next report earnings on Oct. 15.
When asked whether 7-year-old children are ready for the technology, Aslan Appleman, senior director of design and marketing for advanced concepts at Mattel, said the new device "leverages technologies to deliver an immersive educational experience" children have always had with the View-Master.
"They’ve always pulled that viewer up to their face," Appleman said. "They’ve clicked the iconic lever. They’ve been transported to various places via still photography that was high-tech in its day."
The new gadget has an updated look of the classic View-Master, which you can still buy at Walmart for about $12. It's red and has the iconic View-Master lever, which allows users to interact with the apps. So far, Mattel is selling three "experience packs," sold separately at $14.99. These include a National Geographic Wildlife Experience Pack, a Space Experience Pack and a Destinations Experience Pack, which introduces children to places like the Statue of Liberty and the ancient Mayan city of Chichen Itza.
If you don't want to pay for the packs, users can view any Google Cardboard-compatible app on the View-Master.
While there isn't a headphone jack in the device, Mattel said sound is an important part of "experiencing a sense of immersion" with the device. Mattel designed the viewer with sound channel "speakers" to allow the user to hear the experience, such as the sounds animals make on the African savanna, without the need for headphones.
A Mattel spokeswoman said this was also a design choice to keep the experience "snackable," or accessible and easy to use for parents without the need to carry around more accessories. You can connect your phone with any Bluetooth-enabled speakers if users want to amplify the volume.
Justin Sullivan/Getty Images(NEW YORK) — The close of trading Friday will spell a new era for Google as the search giant becomes a part of new holding company Alphabet Inc.
Google announced Friday it expects stock from "Google Inc." will transfer to "Alphabet" at the close of the business day. Google's Class A and C stocks will swap the Google name for Alphabet, however both types of shares will keep their respective ticker symbols, GOOG and GOOGL, along with the same shareholder rights.
The decision to slim down Google and make it a subsidiary of the newly created Alphabet was announced in August and is intended to allow each company to focus on what it does best. Google has always been a search engine and advertising business at its core but over the years it's grown into a company with diverse interests ranging from self-driving cars to home automation systems. The idea of Alphabet is to spin off some of those businesses from Google.
Larry Page is CEO of Alphabet, while fellow Google co-founder Sergey Brin serves as president. In a blog post announcing the change, Page said that Google is "operating well today, but we think we can make it cleaner and more accountable."
Here's a look at the biggest changes of the reorganization. What's Part of a Slimmed-Down Google
Google will be solely focused on the company's core Internet businesses, including search, advertising, maps, YouTube and the Android operating system. Sundar Pichai, who has effectively been leading Google's day-to-day operations, will step into the CEO role. What It Means for Investors
Investors can expect two segments for financial reporting beginning in Q4, with the slimmed down Google broken out separately from the other Alphabet businesses, which will be reported as a whole, according to an SEC filing explaining the reorganization. What Else Is Under the Alphabet Umbrella
Page said "companies that are pretty far afield of our main internet products" will be separated from Google and become a part of Alphabet.
Google X, the semi-secret incubator that has spawned projects such as self-driving cars and Wing, a drone delivery service, will move to Alphabet. Other companies under Alphabet's control will be Nest, the connected home products company; Fiber, Google's high-speed Internet service; Google Ventures and Google Capital. Alphabet's Role as a Parent Company
Each business unit under the Alphabet umbrella will be run by a CEO, with Page and Brin determining their compensation.
"We will rigorously handle capital allocation and work to make sure each business is executing well," Page wrote in a blog post. "The whole point is that Alphabet companies should have independence and develop their own brands."
Justin Sullivan/Getty Images(NEW YORK) — The second coming of the Stagefright bug is here.
Less than two months after Google patched the vulnerability affecting Android devices, security research firm Zimperium said it has discovered a second vulnerability that it's dubbing Stagefright 2.0.
"Meet Stagefright 2.0, a set of two vulnerabilities that manifest when processing specially crafted MP3 audio or MP4 video files. The first vulnerability (in libutils) impacts almost every Android device since version 1.0 released in 2008. We found methods to trigger that vulnerability in devices running version 5.0 and up using the second vulnerability (in libstagefright," Zimperium researchers wrote in a blog post.
A user can be exploited if they're sent an infected file or are lured to a website where they would then open the malicious audio or video file. The vulnerability is when the metadata — the underlying, contextual information such as when the file was created — is processed, meaning simply previewing a song or a video through an infected file could leave users exposed.
Researchers exploited the flaw on devices running Android 5.0 and later, however they said older devices extending as far back as Android 1.0 may be impacted due to third-party apps using the vulnerable library.
Zimperium said Google's Android Security Team was made aware of the issue on Aug. 15, and they "responded quickly and moved to remediate." Zimperium said it will update its "Stagefright Detector" app to identify the flaw as soon as a patch is issued.
"We would like to thank Google for their cooperation for promptly including the fix in the upcoming Nexus Security Bulletin scheduled to be released next week," the blog post said. The firm also said it encouraged vendors "to update their Android devices to incorporate the fix as soon as possible."
Stagefright first crept into the spotlight over the summer when it was revealed as many as 850 million Android phones could be vulnerable to an exploit that allowed hackers to gain control of the device by sending a malware infected picture message.
Pixsooz/iStock/Thinkstock(WASHINGTON) -- The U.S. Labor Department released its September unemployment report on Friday, showing a lower than expected number of jobs added.
According to the Labor Department, U.S. employers added just 142,000 jobs last month, falling short of experts' expectations of about 200,000. The unemployment rate nationwide remained at 5.1 percent.
Economists say that the numbers show slowed hiring and some fear that the economy could be weaker than it appears. Along with Friday's report, July and August job gains were revised downward, which is surprising because August numbers typically get revised upwards.
Also in the report, the proportion of Americans working or seeking employment fell to a new 38-year low, while wages remained stagnant, having climbed just 2.2 percent in the last year.
The latest data could factor into the Federal Reserve's decision on whether to raise interest rates in December.
Wolterk/iStock Editorial/Thinkstock(NEW YORK) -- T-Mobile said Thursday night that a data breach at a vendor in charge of processing the mobile carrier's credit applications may have put customers information at risk.
"We have been notified by Experian, a vendor that processes our credit applications, that they have experienced a data breach," T-Mobile CEO John Legere said in a letter posted to the company's website. While an investigation into the breach is ongoing, Legere said that the hacker or hackers were able to acquire information related to 15 million people, including new applicants between September 1, 2013 and September 16, 2015.
Among the information potentially at risk are names, addresses, birthdates and encrypted Social Security numbers. Experian says that the encryption may have been compromised.
Legere and T-Mobile say that they are taking protective steps for all of its customers at risk due to the breach.
"Obviously I am incredibly angry about this data breach," Legere said, "and we will institute a thorough review of our relationship with Experian, but right now my top concern and first focus is assisting any and all consumers affected."
The breach did not include any payment card numbers or bank account information, the company noted.
T-Mobile is offering anyone who may have been affected by the breach two years of free credit monitoring and identity resolution services.
"We take privacy very seriously and we understand that this new is both stressful and frustrating," Experian North America CEO Craig Boundy said in a press release. "We sincerely apologize for the concern and stress that this event may cause."
iStock/Thinkstock(NEW YORK) -- It's no secret that teens behind the wheel give parents major anxiety.
Per mile driven, teenaged drivers are nearly three times more likely than drivers aged 20 and older to be in a fatal car crash, according to the Insurance Institute for Highway Safety.
Banning teenagers from driving around with fellow teen passengers, prohibiting texting while driving, and enforcing curfews can help mitigate the risks. But there's another way to keep your kids safer on the road -- one that doesn't involve parent-child shouting matches.
Buy a safer car.
In a survey conducted last year by the Insurance Institute for Highway Safety, of the cars purchased for teens, more than 80 percent were used vehicles, according to their parents. IIHS's research indicates that because many of these are older model year vehicles, they may lack key safety features, such as electronic stability control, a computer technology that can compensate for loss of traction.
Families in this survey paid an average of $9,751 -- and a median of $5,300 -- for their teens' vehicles, according to IIHS.
So, the institute compiled a list of used vehicles that it says align with teen drivers' safety needs -- and which it encourages parents to consider even though the vehicles cost more than they're used to spending.
Because teens are notoriously lacking in self-control, the IIHS advises to steer clear of high-horsepower muscle cars.
"The temptation to test the limits of a powerful engine is too hard for many teens to resist," according to the institute.
It also tends to favor bigger, heavier vehicles, which perform better in collisions, and cars outfitted with electronic stability control.
So, what are the best used cars for teens?
The least expensive car on the IIHS "best" list is the 2005 Volvo XC90, listed in the Kelley Blue Book for as low as $4,600 last month in Arlington, Virginia. Later model years on the list were generally more expensive.
Other less expensive cars on the list include the 2009 Volkswagen Jetta sedan, valued at $5,600, the 2006 Subaru Tribeca/B9 Tribeca, $6,000, and the 2007 Honda Element, $6,700. Again, later model years are on the list but were generally more expensive.
If you're willing to up the budget, the list also pinpoints the 2014 Mazda 6, $15,100, the 2011 Ford F-150 Crew Cab, $16,800, and the 2011 Mercedes-Benz GLK-Class, $19,100, with later model years on the list being generally more expensive.
All of the used cars on the IIHS's "best choices" and "good choices" lists are less than $20,000.
GEOFF ROBINS/AFP/Getty Images(WASHINGTON) -- Michael Horn, President and CEO of Volkswagen Group of America, will testify before a House subcommittee next week as part of the congressional investigation into the Volkswagen emissions scandal.
Scheduled to appear before the House Subcommittee on Oversight and Investigations at 10 a.m. on Oct. 8, Horn will provide information on the "facts and circumstances surrounding Volkswagen's reported Clean Air Act violations." Subcommittee Chair Rep. Tim Murphy, R-Pa., said he hopes to get answers including why the "defeat-devices" were used to fool emissions testers, how the decision to install them was made and how their use went undetected for so long.
"The very notion of a carmaker intentionally violating our environmental laws is beyond belief," House Energy and Commerce Committee Chairman Fred Upton, R-Mich., said. "Reports of Volkswagen selling cars with devices aimed at skirting the law cannot, and will not be tolerated."
Also scheduled to testify at the Thursday hearing is at least one representative from the Environmental Protection Agency.
Peeple(NEW YORK) — This is the stuff nightmares are made of for the self-conscious.
Instead of telling someone how you feel face to face, a new app in beta called Peeple is unleashing the five-star rating and review system on humans. The app hasn't launched yet, but the founders say on their website the goal is to "change the way people can learn about each other online," whether it's looking at prospective roommates, dates or learning about a potential business partner.
Perhaps the most unnerving part of it all for some people: Anyone can add a new user and you can't remove your profile from the app.
The only item needed to add a person to the app is the user's cell phone number. They'll then receive a text message letting them know who started their profile.
A review works the same way it would on other platforms for restaurants and services. A person is given a rating of up to five stars and then the reviewer can leave a short message explaining their rationale.
Reviews two stars and below are sent to a user's inbox before being published, giving them 48 hours to work out the disagreement with a reviewer. If there is no resolution when the period expires, the review is then published and the person will have the chance to publicly defend him or herself against the feedback.
If a review is posted by someone a user does not know or includes bullying and other hateful content violating the app's terms and conditions, it will be removed. Peeple's creators say users will have to agree they are 21 and older before joining the app.
While the concept sounds scary, Peeple's creators are billing it as a "positivity app" and advise future users to use it how they would any other social network.
"Your network lifts you up and says positive things about you so that you can have a strong online reputation and get job opportunities, access to more networking opportunities with like-minded people, interact with other single people, and have the ability to search others to make better decisions around your greatest assets such as your family," the Peeple website says. "You can look up the character of the people you meet and interact with."
Peeple seems to be one of the first apps geared to the masses for rating people and having reviewers take ownership for their comments, while other apps have focused on anonymous reviews in more niche areas.
Knozen is a fun app letting users rate their co-worker's quirks, personality and work ethic by presenting users with photos of two colleagues and a question like, "Who is more likely to leave work early for a date?" or "Who is more likely to sing a song out loud?"
Another app called Lulu lets women research and review men, with reviews factoring into an average score of up to 10 points.
Chris McKay/Getty Images for Live Nation(NEW YORK) -- Roughly 700,000 drones are expected to be sold in the United States this year, according to the Consumer Electronics Association.
The figure marks a 63 percent increase over last year’s total, but comes with added concerns about safety. The popularity of drones worries both pilots and government officials.
“All aviators are worried about hitting anything in the air. That's basically what we always worry about,” said Brian Wynne, president and CEO of the Association of Unmanned Vehicle Systems.
The Federal Aviation Administration plans to meet with Walmart, which has 19 different kinds of drones for sale on its website, to teach salespeople about what it should tell its customers about safe drone operation.
Pilots report seeing drones in airspace reserved for aircraft several times each day.
The Consumer Electronics Association projects the U.S. drone market to climb above $100 million in revenue this year, an increase of more than 50 percent from last year’s total.
ABC/Michael Desmond(NEW YORK) -- Before he became "Mr. Wonderful," Kevin O'Leary of Shark Tank scooped ice cream for his first job. Since then, he went on to build a company that has since sold for $4 billion and is the founder of O’Leary Financial Group.
"Business is war. My job is to salt the earth my competitors walk on, burn down their market shares, steal their customers, take all of their profits and go home and hug my kids," O'Leary told ABC News' 20/20. "[I] get up in the morning and do it again."
To O'Leary, 61, the hardest business job in the world is sales.
"Every business has sales. If you have no sales you have no business," O'Leary said. "I don't think it's ever been more competitive than it is now. We not only have competition within our own country, but we have the world competing for our customers."
Watch the full story on ABC News' 20/20 Friday at 10 p.m. ET. And check out the Shark Tank shark and sales expert's five top techniques to making a sale below:
1. Walk the Walk.
In this technique, it's important for salespeople to know who they are and what they're selling.
"Number-one rule: great salesmen and women understand it's their destiny to be a salesperson and to be great," O'Leary said. "It has to be there all the time, 24-7, no chink in that armor."
2. Feel the Love.
O'Leary said salespeople need to be passionate about their products.
"You have to love the product you're selling. You have to have an emotional bond with it. It has to be oozing from every pore that this is the greatest product you have ever sold," he said.
3. It's All About the Perfect Pitch.
"Don't dribble on. Capture your audience immediately. Communicate your vision for why the product belongs in their hands. That's the perfect pitch," O'Leary said.
Of all the thousands of sales pitches he has heard, O'Leary said there has been one constant factor in companies that were able to gain an investor.
"In every case, that person was able to articulate the opportunity in 90 seconds or less," O'Leary said.
4. Be Kind, Not Nice.
"I don't trust nice people … I don't believe that someone can be nice all the time," O'Leary said.
"Every product has its merits and its downsides. Don't lie about a product … as if there's no problems at all. Create that bond of trust. That's paramount."
5. Be Sticky, Not Gummy.
Salespeople should know when to stop talking, O'Leary said.
"In sales your best friend is time and it's also your worst enemy. You have to make a decision whether they're ultimately going to buy from you or not," he explained.
"As soon as you understand that they're not, don't waste your time. Cut them loose. Gummy people just keep going after the sale and wasting everybody's time."
Allard1/iStock Editorial/Thinkstock(NEW YORK) -- IKEA announced Thursday that its U.S. stores will no longer stock window blinds with pull cords long-blamed for strangulation deaths and injuries to children.
The retailer is the latest to remove from its inventory the widely-used product containing what the U.S. Consumer Product Safety Commission (CPSC) calls of one of the five deadliest "hidden home hazards."
Some window blinds are made with pull cords that can tangle and create a choking hazard for children who may play with them. According to statistics released by the CPSC, nearly one young child per month dies from strangulation by window blind cords.
The Swedish retailer made the announcement at the start of Window Covering Safety Month.
“IKEA is committed to working together with our customers to raise awareness of this important issue and to help families get the knowledge they need to ensure a safer everyday life at home," said Heather Spatz, IKEA U.S. Country Sales Manager.
IKEA said that starting Thursday, it will only carry window blinds or coverings that have either no cords or inaccessible cords.
The retailer noted that its global stores will make the transition by January 2016.
CPSC reports there have been at least 285 cases of fatal or serious injury strangulation of young children due to window blind cords from 1996 to 2012. The CPSC is now currently considering imposing a mandatory standard on the manufacturing and selling of corded blinds, which are popular in part because they tend to be inexpensive.
IKEA is the latest large retailer to make the announcement it would no longer carry corded blinds.
Last year Target informed the CPSC that it would phase out corded blinds from its inventory, and in a recent statement to ABC News, the Minneapolis-based giant said "the entire Target blinds assortment is now cordless," calling product safety a "top priority."
The CPSC provides recommendations for preventing strangulations by window cords in its Window Covering Safety Center website.