CNN Money: Top business headlines for Jan. 27

    12:12 AM, Jan 27, 2014   |    comments
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    NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Monday, January 27.

    Sam's Club laying off 2% of workers

    Wal-Mart plans to lay off 2,300 workers at its Sam's Clubs, the company said Friday. That's 2% of the workforce for the wholesale club chain, which has nearly 600 locations in the United States. A little less than half of the employees affected are assistant managers, according to Sam's Club spokesman Bill Durling. Before the layoff, each club's fresh section -- which sells meat, poultry, seafood, dairy, produce and baked goods -- had six managers. Half of those jobs have been eliminated. Instead there will be three fresh section managers, who will be paid more, Durling said. The company eliminated some hourly positions too.

    Weather Channel-DirecTV blackout: No end in sight
    Nearly two weeks into the DirecTV blackout of the Weather Channel, it looks like there's no end in sight. On Friday, DirecTV Chief Executive Mike White published a letter online blasting television channels for acting like "it's their absolute birthright to be paid more and more each year for the same content they offer, regardless of how many customers actually watch their channels." White didn't stop there. He asserted that the Weather Channel's total audience has been declining as consumers gravitate to the Web. "Why should DirecTV customers pay more for a channel they are watching far less?" he wrote.

    Michaels stores: Possible data 'attack'
    The country's largest crafts chain may be the latest retailer hit by a security breach. Michaels said Saturday that it learned recently of "possible fraudulent activity" on some of its customers' payment cards, suggesting there may have been a breach. CEO Chuck Rubin said the company has not confirmed a breach, but wanted to alert customers. "We are concerned there may have been a data security attack on Michaels that may have affected our customers' payment card information and we are taking aggressive action to determine the nature and scope of the issue," Rubin said in a statement.

    Super Bowl creating traffic jam for private jets
    Forget about limos jamming the New Jersey Turnpike on Super Bowl Sunday. New Jersey's priciest traffic jam could well be the private jets stacked up at nearby Teterboro Airport. The airport, which serves small private jets, is only about 2 miles north of MetLife Stadium as the Lear Jet flies -- making it ideal for jetsetters wanting to fly in and out for the big game. That has forced the Port Authority of New York and New Jersey, which overseas the region's four airports, to place limits on the number of private jet landings and take-offs in the days surrounding the game.



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