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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
57% Center coverage: 48 sources
Green Energy · United StatesThe Agriculture Department is curtailing its support for solar and wind energy on farmlands. In a Monday post on the social media platform X, Agriculture Secretary Brooke Rollins said the department “will no longer deploy programs to fund solar or wind projects on productive farmland, ending massive taxpayer handouts.”
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USDA limits funding for solar, wind on farmland
49% Center coverage: 35 sources
