New Target CEO Michael Fiddelke faces challenges
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025. Kylie Cooper | Reuters When Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors. Its fiscal second-quarter results posted Wednesday illustrated the […]
Here’s how SoftBank could turn Intel’s fortunes around
SoftBank’s $2 billion stake could help the chip maker gain customers and increase Intel’s earnings per share.
Lowe’s (LOW) Q2 2025 earnings
Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter, but homeowners’ appetite for bigger projects remained softer. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that it has struck a deal to acquire Foundation Building Materials, […]
Estée Lauder approves 3,200 job cuts as China and duty-free sales remain weak
Estée Lauder Cos.’ stock dropped about 5% Wednesday after the maker of beauty products warned of a full-year profit miss and said it has approved 3,200 job cuts based on a previously announced restructuring plan.
Bankrupt Claire’s sells most of its North American business
Jewelry is displayed at a Claire’s store in Novato, California, on June 23, 2025. Justin Sullivan | Getty Images Claire’s announced Wednesday it is selling most of its North American business to private equity firm Ames Watson, just weeks after the jewelry retailer declared bankruptcy. The companies did not disclose any financial details of the […]
TJX Cos. (TJX) Q2 2026 earnings
Shoppers come and go the TJ Maxx store at the Mall at Prince George’s on August 17, 2022 in Hyattsville, Maryland. Chip Somodevilla | Getty Images TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said […]
Meredith Whitney famously called the 2008 financial crisis. Here’s the new problem with the U.S. economy, she says
Meredith Whitney is worried about a bifurcated economy. Here is how she’s playing that.
Target (TGT) Q2 2025 earnings
In an aerial view, a Target store is seen on August 11, 2025 in Austin, Texas. Brandon Bell | Getty Images Target will report fiscal second-quarter earnings before the bell on Wednesday, as investors look for signs that the struggling discounter is getting back on track. Here’s what Wall Street expects for the company’s most […]
Nearly 50% of adults are now ordering kids’ meals. ‘It’s economical and it’s filling.’
It seems we’re all in the mood for miniburgers and chicken fingers.
FDA approves Signos glucose monitoring for weight loss
Woman with Signos wearable and app Source: Signos The Food and Drug Administration on Wednesday approved the first-ever glucose monitoring system specifically for weight loss from the startup Signos, establishing a new option for Americans to manage their weight. Current treatment options for losing weight – popular drugs like GLP-1s and surgical interventions – are […]
