Gross profit for the third quarter was $1.43 billion or 55.6% of net revenue, compared to 58.5% in Q3 2024. Frank explained, "The gross profit rate in Q3 decreased 290 basis points and was driven ...

Denise Dresser's appointment signals massive changes ahead, and it could help the ChatGPT maker prepare for its next phase of ...

The US Federal Reserve FOMC cuts key interest rates by 25 bps to 3.50%-3.75% amid elevated US inflation on Wednesday, 10 ...

InterGlobe Aviation stock fell around 9% after Delhi airport issued an early-morning advisory cautioning travellers that ...

MONTGOMERY, Ala. (AP) — Doris Crenshaw was 12 years old on Dec. 5, 1955, when she and her sister eagerly rushed door to door ...

After riding the artificial intelligence craze to new heights, business software maker Salesforce has been pummeled by a wave ...

President Donald Trump on Wednesday announced a proposal to weaken vehicle mileage rules for the auto industry, loosening ...

Price cuts can be a retailer’s way of going on the offensive against its rivals — but for Target Corp., it’s more of a defensive play, and reflects the struggling company’s need to make a change.

For more insights into the gaming industry, join our community on Google News. There, you can find all the latest news, updates, and more about your favorite games. Some users on Reddit agreed with ...

Brian Cornell opened Target's earnings call last week by listing his accomplishments as CEO and taking responsibility for the company's current woes. Then, in a pass-the-baton moment, he turned the ...

If you're planning to shop before or after you eat this Thanksgiving, you're in luck. Some retailers will keep their doors open on Thursday, Nov. 27. This includes some big-name stores, like Whole ...

Target’s incoming CEO is rolling out bold investments and AI-driven upgrades to revive sales, refresh stores and strengthen the brand experience AI is everywhere, as are CEO opinions on the matter.