WASHINGTON, Feb 9 (Reuters) - U.S. President Donald Trump will travel to Beijing during the first week of April for a meeting with Chinese President Xi Jinping, Politico reported on Monday, citing three people familiar with the plan.
(Reporting by Jasper Ward in Washington)
Investing.com -- Target Corporation (NYSE: TGT) is reallocating its human capital to prioritize the customer experience as it grapples with four years of stagnant annual sales. According to reporting from CNBC, citing an internal email, the retailer will invest more in store labor while cutting approximately 500 roles in distribution centers and regional offices.
The strategic shift follows mounting criticism from shoppers regarding out-of-stock items and increasingly... (continue reading...)
Feb 9 (Reuters) - Target is stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices, CNBC reported on Monday citing an internal memo.
The big-box retailer said it is making changes to the way it runs and oversees stores to improve the customer experience, a top goal of the company's new CEO, Michael Fiddelke, the report said citing an internal employee memo.
Target will reduce the... (continue reading...)
Investing.com -- Major insurance broker stocks plummeted Monday amid investor concerns that artificial intelligence could disrupt traditional insurance distribution channels. The selloff followed reports from Reinsurance News and others that OpenAI approved the first AI insurance app on ChatGPT, built by Spanish digital insurer Tuio.
Willis Towers Watson (NASDAQ: WTW) experienced the steepest decline, with shares falling 13%. Arthur J. Gallagher (NYSE: AJG) dropped... (continue reading...)
By Timour Azhari
RIYADH, Feb 9 (Reuters) - Saudi Arabia's $925 billion Public Investment Fund (PIF) plans to announce a new five-year strategy this week, two people with direct knowledge of the matter said, in the biggest reset yet of Crown Prince Mohammed bin Salman's economic transformation plan.
The Saudi sovereign wealth fund soft-launched its new 2026-2030 strategy with key investors and strategic partners on Monday on the sidelines... (continue reading...)
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