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...)
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...)
Investing.com -- The United States will reduce its reciprocal tariff rate to 19% on imports from Bangladesh as part of a new trade agreement, the White House announced Monday.
The agreement includes commitments from both nations to address non-tariff barriers in Bangladesh, according to the White House statement.
Additionally, the U.S. will establish a mechanism allowing certain textile and apparel goods from Bangladesh to receive zero tariffs, potentially boosting... (continue reading...)
Investing.com -- Converse employees have been instructed to work from home this week as the Nike Inc.-owned brand implements strategic changes aimed at recapturing sales growth, according to Bloomberg report Monday.
The memo from Converse CEO Aaron Cain outlined that the changes will include new roles and team moves for some staff members. Cain also noted that the company "had to make difficult decisions" which will involve "saying goodbye to friends and teammates."
This... (continue reading...)
Investing.com -- The U.S. dollar has recently staged a partial recovery from its previous lows, yet the trade-weighted DXY index remains down approximately 9% over the past year. Despite this slide, CIBC economist Avery Shenfeld suggests that the narrative of a currency in free fall is largely overstated by market speculators.
"US Google searches for ’dollar debasement’ remain elevated, and there’s still a degree of market chatter," Shenfeld noted in a recent CIBC... (continue reading...)
More Investing
View Older Stories-
Virtuix sees major defense opportunity for ‘groundbreaking’ virtual terrain tech
-
NY Fed survey shows Americans less worried about inflation in January
-
Everything you need to know about the new trend: Services-as-Software
-
Jefferies says Steve Madden growth faces pressure as wholesale headwinds build
-
Databricks crosses $5.4 billion revenue run-rate, secures $7 billion at $134 billion valuation
-
Workday co-founder Aneel Bhusri returns as CEO amid stock slump
-
ECB’s Kazimir says major deviation needed for policy change
-
U.S. IPO market to meaningfully recover this year, Goldman says
-
Stellantis EV charges reset expectations as analysts say worst may be priced in
-
Hassett: expect slightly smaller job numbers
-
Dell stock dips as Piper sees a 'concerning to mixed' earnings setup
-
Trump administration proposes limiting federal employee appeal rights
-
IMF’s Georgieva: don’t see change in role of dollar anytime soon
-
JPM sees dour demand outlook for China automakers, downgrades Li Auto
-
BYD sues U.S. government over tariffs, seeks refund
-
AppLovin stock jumps as Jefferies defends 'great buying opportunity'
-
10 reasons to be optimistic about the U.S. economy and S&P 500
-
China property sales forecast cut by S&P as market slump deepens
-
ChatGPT once again growing at double digits amid AI competition
-
STMicroelectronics shares jump 6% on expanded AWS partnership
-
Dow Jones, Nasdaq, S&P 500 weekly preview: Jobs, CPI data pile onto Q4 earnings
-
VinFast aims to deliver 300,000 EVs globally in 2026
-
ROIC could be shifting from the US to Asia, UBS says
-
Best Two U.S. Utility Stocks for Growth and Income According to WarrenAI
-
China imports to U.S. drop 22.7% in January amid tariff impact
-
Wolfe Research upgrades Robinhood to $125 price target: 50% potential upside
-
Musk shifting focus to Moon city, Mars plans delayed
-
Alibaba's ride-hailing service Amap summoned by China's transport ministry over pricing
-
UK's Starmer has no plans to stand down, spokesperson says
-
RBC says last week’s pullback in stocks likely short lived
-
Micron stock falls after Samsung’s next-gen chip production news
-
Monday.com shares tumble as revenue guidance falls short of expectations
-
Oracle now a buy as DA Davidson says OpenAI risks are easing
-
Novo Nordisk jumps, Hims shares plummet after pulling $49 weight-loss pill
-
Alibaba’s Qwen pauses AI shopping coupons after 10 mln orders flood system
-
Cleveland-Cliffs shares drop as revenue misses expectations
-
Dynatrace leaps 10% after raising annual outlook, beating FQ3 estimates
-
Morgan Stanley says buy these 9 AI-hit software stocks on discount
-
OpenAI denies rumors of scrapped Super Bowl ad featuring AI device
-
FDA scrutiny rattles Hims & Hers stock
-
Northrop Grumman secures $198 million contract for E-2D Hawkeye parts
-
China warns US arms sales to Taiwan could threaten Trump visit
-
Tesla ramping up hiring to support Musk’s solar manufacturing plan
-
Fed’s Daly leans toward one or two more rate cuts to support jobs market
-
Canada pursuing Chinese-Canadian EV plant for global exports, says Joly
-
Trump administration supports strong dollar, says Bessent
-
Trump's Warsh joke was misunderstood, says Bessent
-
Garner-backed Once Upon a Farm surges in market debut
-
Nvidia CEO Huang says AI buildout to take 7-8 years, demand "sky high"
-
Homebuilder stocks fall after potential antitrust probe report
