MarketWatch for Tuesday, May 6, 2014

By CBS News

Published 05/06 2014 12:16PM

Updated 05/06 2014 12:18PM

If you're keeping on top of the stock markets this morning,  Tuesday, May 6, 2014...

The Nikkei dropped 28 points today.
On Wall Street, the Dow was up 18.
The Nasdaq gained 14.

There's new evidence the economy is picking up after a slow start this year.  U.S. service firms grew more quickly in april as sales and new orders increased.

Target's chairman and CEO has lost his job just five months after a massive data security breach put 40-million Target customers at risk. The Minnesota-based company has named Chief Financial Officer John Mulligan as an interim Chief Executive and Roxanne Austin, a current member of the board as interim Chair.

The Department of Transportation has released their yearly results and the airline industry is flying high.  In 2013 net income was just under $13-billion.  That's way up from just under $100 million in 2012.

One reason for the jump - domestic airlines made more than $3.3 billion last year from baggage fees alone. Delta led the pack with $833 million, followed by United at $625 million. The fees made up more than a quarter of airline profits industry-wide.

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