Meta Platforms (NASDAQ: META) confirmed late Thursday a Wall Street Journal report that it has paused hiring for its new artificial intelligence division, ending a spending spree that saw it spend ...

Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its reputation as the ...

Shares in Target ( TGT) fell more than 6% on Wednesday, after the US retailer announced that chief operating officer Michael Fiddelke will become the company's new CEO. Fiddelke is set to take over ...

US retailer Target has reported net sales of $25.2bn for the second quarter (Q2) of 2025, a 0.9% decrease year-on-year (YoY). The decline is attributed to a 1.2% decline in merchandise sales, somewhat ...

Dow Jones Top Company Headlines at 5 AM ET: Meta Freezes AI Hiring After Blockbuster Spending Spree | Union ... The company reorganizes its sprawling artificial-intelligence operation, whose spiraling ...

U.S. stock indexes ended mixed after Nvidia, Palantir and other superstar stocks pared most of their steep losses from the ...