Latest in Target CEO addresses 'price gouging' accusations in retail
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Target, Walmart and other retailers announce price cuts ahead of holidays
Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...Top stories - CBS News - October 23 -
15 attorneys general call for national ban on price gouging
Fifteen attorneys general called on congressional leaders to support a national ban on price gouging in a letter sent Wednesday. The letter — addressed to Senate Majority Leader Chuck Schumer ...Politics - The Hill - October 30 -
Trump's win could lead companies to push up prices. Here's why.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.Top stories - CBS News - 2 days ago -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Former Abercrombie & Fitch CEO accused of sex trafficking and interstate prostitution
A federal indictment accuses former Abercrombie & Fitch CEO Mike Jeffries of sex trafficking and interstate prostitution. The indictment says Jeffries, along with an employee and his romantic ...Top stories - NBC News - October 22 -
Abercrombie Confronts Sex Trafficking Accusations Against Mike Jeffries, Ex-CEO
Recent sex trafficking charges against Michael Jeffries could entangle the retailer, too, as it tries to close a tumultuous chapter in its history.Business - The New York Times - October 25 -
Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat
Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.Business - MarketWatch - October 29 -
Dollar Tree’s CEO steps down. An analyst says the move comes at a ‘difficult time.’
Dollar Tree Inc. on Monday said that Rick Dreiling has stepped down as chief executive of the discount retailer due to health reasons.Business - MarketWatch - 4 days ago -
Israel accused of targeting medics in Lebanon after 150 killed
Dozens of clinics and hospitals, some linked with Hizbollah, hit by air strikes in escalating campaignBusiness - Financial Times - October 14 -
Dan Price, Former CEO of Gravity Payments, Charged With Rape
The former chief of Gravity Payments rose to prominence with the introduction of his company’s $70,000 minimum salary and a splashy social media presence.Tech - The New York Times - October 25 -
Ex-Gravity Payments CEO Dan Price Faces Rape Charge in California
Price cultivated a big social media following by skewering corporations. Now he’s the target, over sexual misconduct allegations.Business - Inc. - October 28 -
Trump's tariffs could trigger 'dramatic' price spikes on clothes, furniture, warns retail group
Vice President Kamala Harris has campaigned against Donald Trump's tariff proposals, calling them a sales tax on American consumers.Business - CNBC - 4 days ago -
Target cutting prices on 2,000 items for cash-strapped shoppers ahead of the holidays
Target is lowering prices on more than 2,000 items across an array of categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.Top stories - NBC News - October 22 -
Target cuts prices on 2,000+ products, from food to cough medicine
Target is reducing the prices of more items as the discount retail chain readies for the holiday shopping season.Top stories - CBS News - October 22 -
How to Attract Holiday Shoppers? Target and Walmart Say: Price Cuts and Throwbacks
Big-box retailers are rolling out discounts ahead of the winter shopping season.Business - Inc. - October 23 -
EU targets top Iran officials and airlines, accusing them of supplying drones and missiles to Russia
The European Union has imposed sanctions on Iran’s deputy defense minister, senior Revolutionary Guard members and three airlinesWorld - ABC News - October 14 -
CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.Business - CNBC - October 18 -
Poshmark's new pricing change backfired, so the CEO did something rare—it's great leadership, says expert
Poshmark CEO Manish Chandra issued a public apology after a new policy was poorly received. Here's why it actually hit the mark, says leadership expert Talia Fox.Business - CNBC - October 28 -
Ryder Cup accused of pricing fans out of Bethpage Black due to $750 day tickets
Standard tickets for Rome last year cost just over £200 Online backlash over price hike for New York edition Golf fans seeking to attend the Ryder Cup next year through the event’s “random ...World - The Guardian - October 14 -
Rep. Rashida Tlaib accuses Kroger of using facial recognition for future surge pricing
The Michigan Democratic released a letter to Kroger on Wednesday accusing the grocery giant of using technology that could lead to price gouging.Sports - Yahoo Sports - October 16 -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.World - The New York Times - October 15 -
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.Business - CNBC - October 16 -
Rocket Lab stock climbs more than 6% after KeyBanc raises price target
Shares of Rocket Lab USA Inc. are up 6.1% Thursday after KeyBanc Capital Markets raised its price target for the space-launch company.Business - MarketWatch - October 24 -
Target unveils Thanksgiving dinner offer priced at $20 for four people — $5 less than a year ago
Target joined the list of retailers offering a cheaper Thanksgiving meal than last year with an offering that includes turkey, stuffing and five side dishes costing $5 less than in it did 2023.Business - MarketWatch - October 28 -
We're hiking our GEHC price target, looking beyond a mixed quarter to next year's catalysts
While revenue slightly missed, an earnings beat along with a number of other positives pushed the stock higher.Business - CNBC - October 30 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
We're hiking our price target on an industrial whose earnings benefit from AI data center boom
Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.Business - CNBC - October 31 -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
Harris addresses Biden's 'garbage' comments
Vice President Harris on Wednesday distanced herself from President Biden’s comments a day earlier in which he appeared to refer to former President Trump’s supporters as “garbage.” "First of all, ...Politics - The Hill - October 30 -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
Halloween’s Mutation: From Humble Holiday to Retail Monstrosity
Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.Business - The New York Times - October 19
