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Target · United StatesTarget named insider Michael Fiddelke on Wednesday as its new CEO to succeed long-time top boss Brian Cornell, and beat quarterly estimates, helped by a recovery in traffic at its stores and average receipts. However, the company's shares fell 10% in premarket trading after it held on to its annual forecasts after lowering them in May when it blamed weak demand for the largely discretionary merchandise it sells like apparel and electronics items.See the Story
Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
63% Center coverage: 91 sources
Minnesota Politics · MinnesotaMinnesota on Tuesday joined a wave of states suing TikTok, alleging the social media giant preys on young people with addictive algorithms that trap them into becoming compulsive consumers of its short videos.See the Story
Minnesota sues TikTok, alleging it preys on young people with addictive algorithms
66% Center coverage: 82 sources
