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Target CEO Brian Cornell to Step Down After 11 Years Amid Pressure From Investors
Target CEO Brian Cornell will step down after 11 years, with COO Michael Fiddelke named as his successor amid sales struggles and investor pressure.
Trump Seeks 10% Stake in Intel After SoftBank's $2 Billion Investment Despite Years of Criticism
Trump administration considers a 10% stake in Intel following SoftBank's $2 billion investment to boost U.S. chip production.
LA Fitness Faces FTC Lawsuit for Blocking Customers From Canceling Gym Memberships
The FTC is suing LA Fitness for making it difficult for customers to cancel memberships, seeking refunds and an end to the practice.
CVS Caremark Loses Fraud Case, Ordered to Pay $290 Million in Medicare Overcharge Scandal
CVS Caremark has been ordered to pay $290 million after a whistleblower lawsuit revealed Medicare was overcharged through false drug cost reports.
Latest News
Home Depot warns of possible price hikes due to tariffs as consumer spending slows and economic uncertainty grows.
Minnesota sues TikTok, claiming its algorithm harms teen mental health and violates state consumer protection laws.
Nexstar agrees to buy Tegna for $6.2 billion, creating the largest local TV broadcaster in the US.
Walmart recalls Great Value frozen shrimp after FDA warns of potential radioactive contamination.
Crocs and the NFL team up to launch a first-ever collection of team-branded Crocs and Jibbitz for fans.
FDA warns consumers to avoid whipped, mousse, and foam sunscreens due to safety and lack of approval.
TC sues Key Investment Group for using fake accounts to buy and resell Taylor Swift Eras Tour tickets.
MSNBC rebrands as MS NOW, drops the peacock logo, and prepares for its independent spinoff under Versant.
Starbucks will give salaried employees in the U.S. and Canada a 2% pay raise in 2025 as part of CEO Brian Niccol's cost-control plan.
Fake Labubu dolls have been recalled after the CPSC warned they pose a serious choking hazard to children.

















