Target discounts boost Q4 sales, plans to invest $5B
Target on Tuesday forecast muted profit growth in 2023 and warned of the need for more discounts to woo shoppers cutting their discretionary spending due to surging...
Nissan recalls 800K Rogue SUVs for defect affecting engine
Nissan is recalling more than 809,000 small SUVs in the US and Canada because a key problem can cause the ignition to shut off while...
Ex-Goldman banker Roger Ng: Malaysian jail ‘absolute hell’
Disgraced former Goldman Sachs banker Roger Ng said he lived through “absolute hell” during a six-month stint in a Malaysian prison riddled with vermin and...
Home price growth slowed in December
US single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, but tight supply could limit...
Hoda Kotb’s unexplained week-long absence from ‘Today’ worries fans
Longtime “Today” anchor Hoda Kotb hasn’t appeared on NBC’s morning shows for more than a week – and the unexplained absence has triggered concern among...
This billionaire college dropout has some advice for Gen Z
After graduating from high school, John Catsimatidis wanted to spend the summer of 1966 much like any teenage boy would — watching TV and lounging...
Goldman Sachs bankers bristle at CEO David Solomon’s pay ahead of yearly ‘Investor Day’
As Goldman Sachs prepares to host its second-ever investor day, there’s grumbling over the bank’s struggles under CEO David Solomon – with some bankers saying...
US retailers face shipping delays as carriers scrap voyages
Shipping companies like MSC and Maersk are attempting to cancel voyages to prop up sagging shipping rates — moves that could trigger another round of...
Vice Media taps Bruce Dixon and Hozefa Lokhandwala as co-CEOs
Vice Media Group, which owns Vice News, Motherboard, Refinery29 and Vice TV, has promoted execs Bruce Dixon and Hozefa Lokhandwala as co-CEOS. Lokhandwala has held...
Meta middle manager making $550K a year fears layoffs
A middle manager at Facebook parent company Meta who is making $550,000 a year took to social media to gripe about corporate belt-tightening — which...