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Fortune

Phil Wahba

Did Target’s CEO miss the mark by ignoring Minnesota?

Target Michael Fiddelke Minnesota Fortune Ice LinkedIn

(Credit: Bryan Bedder/Getty Images for Target)

In today’s CEO Daily: Fortune‘s Phil Wahba reports on Target’s new CEO starting his tenure on the hot seat.
The big story: Elon Musk combines xAI and SpaceX as he pursues data centers in space.
The markets: Stocks rebound globally after days of volatility.
Plus: All the news and watercooler chat from Fortune.

Good morning. If you read brand new Target CEO Michael Fiddelke’s first message as chief to customers, employees and partners, you could be forgiven for not realizing that the retailer currently finds itself in the maelstrom surrounding immigration raids across the country, especially in its hometown of Minneapolis.

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