business

Target (TGT) Q1 2022 earnings

Target on Wednesday reported quarterly results well below Wall Street expectations, as the retailer faced high transportation costs, higher markdowns and weaker-than-expected sales of discretionary items, from televisions to bicycles. The shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared to consensus estimates from …

Target (TGT) Q1 2022 earnings Read More »

Twitter takeover: A timeline of Elon Musk’s bumpy road

CNN Business  —  A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a surprise early morning tweet putting the deal on hold, temporarily. Even by the standards of Twitter, a company that has known plenty of chaos and dysfunction in its history, the weeks-long effort by billionaire …

Twitter takeover: A timeline of Elon Musk’s bumpy road Read More »