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OfficeMax Addresses Mail to 'Daughter Killed in Crash'

Blames problem on third-party mailing list company

(Newser) - A Chicago couple is upset after receiving a mailer from OfficeMax last week addressed to Mike Seay ... and "Daughter Killed in Car Crash." Seay and his wife lost their 17-year-old daughter to a car accident last year, and Seay tells NBC Chicago he's wondering, "Why would... More »

Office Depot, OfficeMax Reach Merger Deal

All-stock deal valued at $1.2 billion

(Newser) - Well, that was fast. Office Depot and OfficeMax have agreed to merge, they announced today, just one day after news leaked that they were in talks to do so. It will be an all-stock deal, with OfficeMax shareholders getting 2.69 shares of Office Depot for every share they own.... More »

OfficeMax, Office Depot Talk Merger

Struggling firms seek boost against, you know, Amazon

(Newser) - OfficeMax and Office Depot could be close to a merger, the Wall Street Journal reports: They're deep into talks and, while there are no guarantees, they could announce the deal within days. The arrangement would likely be via stock trade. Both companies have struggled over the past few years... More »

Your Lowly Penny Can Actually Buy Something

Retailers lure back to school shoppers with 1¢ gimmick

(Newser) - Retailers, scrambling to connect with the fragile consumer psyche, have turned to the lowly penny for a boost, offering everything from clothing to crayons for a single cent, the LA Times reports. Nearly taken out of circulation three years ago, the penny may be a lousy coin, but it’s... More »

Consumer Data Breaches Hit Record

Thefts, losses of confidential info has already topped 2007

(Newser) - Theft or loss of confidential consumer information from computer databases is at a record high, with more breaches already this year than all of 2007, the Washington Post reports. Records reveal that 449 US businesses, government agencies and universities have reported data breaches this year, compared with 446 breaches involving... More »

Feds Nab 11 Cybercrime Masterminds

40 million credit and debit card numbers stolen across US

(Newser) - An international crew of hackers who reportedly stole more than 40 million credit and debit card numbers from nine US companies were indicted today in what Attorney General Michael Mukasey is calling "the single largest and most complex identity theft case that's ever charged in this country." The... More »

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