Target's New CEO Navigates Slumping Sales and Hometown Turmoil
As Michael Fiddelke steps into the CEO role, Target confronts a prolonged sales decline, intense competition, and escalating political tensions in its Minneapolis home base.
As Michael Fiddelke steps into the CEO role, Target confronts a prolonged sales decline, intense competition, and escalating political tensions in its Minneapolis home base.
A landmark tripartite agreement aims to deploy up to 10GWh of battery storage across Europe, combining financial muscle, cutting-edge technology, and project development expertise to accelerate the continent's decarbonization efforts.
Ripple has secured a final Electronic Money Institution (EMI) license from Luxembourg's financial watchdog, the CSSF, transitioning from preliminary approval. This key regulatory milestone enables the blockchain payments firm to scale its 'Ripple Payments' service across the European Union's single market.
The medtech giant inaugurates a Centre of Excellence in Swords, aiming to accelerate development of its Atellica diagnostic systems and bolster Ireland's life sciences sector amid strategic corporate shifts.
Severe winter weather is colliding with historically high tender rejection rates, creating a perfect storm in the truckload market. With carriers rejecting over 13% of shipments, spot rates are experiencing amplified volatility, signaling a fundamental shift in underlying supply and demand dynamics.
As market leadership broadens beyond tech, income-focused investors are turning to high-yield dividend ETFs. Vanguard's suite offers diversified, cost-effective options for building retirement income streams in a changing landscape.
Tyson Foods reported stronger-than-expected fourth-quarter revenue and profit, driven by strategic pricing and operational execution. However, analysts remain cautious as the meatpacking giant continues to navigate stagnant sales volumes and a challenging path to meaningful expansion.
The Biden administration, in a significant move to de-risk supply chains, is launching a first-of-its-kind strategic stockpile for critical minerals. Backed by $12 billion in public and private funding, 'Project Vault' aims to shield U.S. manufacturers from price shocks and supply disruptions, directly challenging China's grip on the global market for metals essential to everything from EVs to defense systems.
The Walt Disney Company (NYSE:DIS) reported stronger-than-expected fourth-quarter revenue of $25.98 billion, a 5.2% year-over-year increase, with adjusted earnings per share also surpassing analyst estimates. The results highlight resilience in its Experiences and Entertainment segments amid ongoing industry challenges.
The Trump family-affiliated stablecoin USD1 has rapidly ascended to become a top-five stablecoin by market capitalization, reaching $5 billion, even as speculative meme tokens falter. Its growth is shadowed by a previously unreported deal with a UAE-backed entity and mounting regulatory scrutiny in Washington.
A Bangladeshi court has convicted British MP Tulip Siddiq in absentia on two further corruption charges, adding four years to her prison term. The cases center on allegations she used her influence with her aunt, former Prime Minister Sheikh Hasina, to illegally secure land for family members.
As Bangladesh heads to the polls on February 12 under an interim government, its geopolitical alignments are shifting. The outcome will test the influence of regional powers India, China, and Pakistan in a nation navigating a post-Hasina political landscape.
The military leadership in Guinea-Bissau has freed a key opposition figure and pledged to form an inclusive government, in moves widely seen as an effort to appease regional bloc ECOWAS following November's coup.
A new bilateral trade agreement between the United States and Guatemala aims to eliminate tariffs and streamline preferential treatment for textiles and apparel, a move hailed by U.S. industry leaders as a strategic step to reinforce regional manufacturing networks and counter Asian dominance.
Qatar has tripled its flagship venture capital fund to $3 billion, adding a strategic sweetener: subsidized access to AI computing power. The move aims to position Doha as a competitive hub for tech talent and deep-tech startups in the Gulf region.
The European Union's impending ban on Russian liquefied natural gas imports is poised to trigger orders for at least 30 new LNG tankers, as the bloc scrambles to reconfigure its energy supply chains ahead of key 2026-2027 deadlines.
A convoy of Syrian government forces was observed moving toward the strategic northeastern city of Hasakah on Monday, implementing a ceasefire agreement that aims to reintegrate Kurdish-administered territories with Damascus.
The Rafah border crossing, Gaza's sole gateway to Egypt, has partially reopened for pedestrian traffic after a prolonged Israeli closure, offering a fragile hope for medical evacuations and family reunifications.
Authorities in Pima County are conducting an extensive search for Nancy Guthrie, 84, the mother of 'Today' show co-host Savannah Guthrie, who was reported missing from her Tucson-area home under circumstances described as 'very concerning.'
The global payments giant reported a 15% surge in net revenue and processed a record 69.4 billion transactions in its fiscal first quarter, signaling resilient consumer confidence and a rebound from previous quarters.