Industry

Target names longtime executive Michael Fiddelke as CEO as the retailer plans major store upgrades and a digital revamp to revive sales.

A nationwide recall of superfood supplements follows a multi-state salmonella outbreak that has sickened dozens across the U.S.

Silicon Valley leaders, including Sergey Brin and Eric Schmidt, oppose California's proposed billionaire tax ahead of November's ballot.

Pepsi's new Super Bowl ad revives the Pepsi Challenge, starring a polar bear and spoofing a viral Coldplay couple moment.

Home Depot cuts 800 jobs and orders a full return to office as it seeks closer ties to frontline workers and faster growth.

Gerber recalls select arrowroot baby biscuits after warning they may contain plastic or paper pieces.

Tesla invests $2 billion in Elon Musk's xAI as Cybercab robotaxi production gears up for 2026.

Volkswagen recalls over 44,000 ID.4 SUVs due to overheating battery risks, offering free repairs and safety updates.

UPS says it may cut up to 30,000 jobs as it trims costs, closes facilities, and reduces Amazon deliveries.

MSC Group opens a $100 million Miami headquarters, expanding U.S. cruise operations and creating thousands of new jobs.

Citigroup is sued by a former executive who alleges gender bias and sexual harassment by a top wealth management leader.

Westfield San Francisco Centre mall closes early as tenants exit following foreclosure sale, highlighting retail decline.

Nike is cutting 775 U.S. distribution center jobs to boost automation and streamline operations.

Apple and Google will pay $163M to settle lawsuits over devices secretly recording users' conversations.

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Target Names Veteran Exec Michael Fiddelke as CEO, Eyes Store and Digital Revamp