Target Switching to Chip-and-PIN MasterCards, WH Group Cancels IPO, Whole Foods’ Supplier Awards

Target has hired a new chief information officer and plans to switch in-house payment cards to a more secure chip-and-PIN system from MasterCard.

Chinese pork producer WH Group, who became the world’s biggest pork company after buying Smithfield Foods last year, is cancelling its multibillion-dollar Hong Kong IPO due to low investor demand.

This year Whole Foods Market recognized 18 suppliers in its annual Supplier Awards, with Pitman Family Farms and Suja Juice both earning “Supplier of the Year” awards for all-around performance.

BMW and Mercedes are each recalling hundreds of thousands of cars.

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