The Latest Breaking News from Brian Cornell

In a pointed back and forth, the head of Chevron has complained that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”

"We're confident this rapid response will pay off for our business and our shareholders over time, resulting in improved profitability in the second half of the year and beyond," said Target CEO Brian Cornell.

Ark Investing's Cathie Wood thinks both chains have a problem which could be good for consumers, but maybe not investors at least in the short-term.

Target has reported some short-term problems that have caused its share price to fall.

Inflation smacked Target Corp. over the past three months, leading to a profit drop that surprised investors and triggered a huge selloff of its stock.

Target Corp., whose growth in the pandemic pushed its stock to record heights, on Wednesday became a symbol of inflation's toll on the American economy.

Target Corp (NYSE:TGT) reported first-quarter FY22 sales growth of 4% year-on-year to $25.17 billion, beating the consensus of $24.37 billion. Comparable sales grew 3.3%. Comparable store sales increased 3.4%, and comparable digital sales rose 3.2%. Sales by stores constituted 81.8% of total sales, while digital channel sales represented 18.2%. Gross margin for the…

More premier beauty in-store is coming too.

Walmart has some new merchandise that may not please Target.

Rising inflation is likely to trigger price wars among retail's top three.

Target's resurrection under Chairman and CEO Brian Cornell has reached an inflection point as the retail giant reported sales in excess of $100 billion.