From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?
Michael Fiddelke will become Target's new CEO in February 2026, completing a remarkable 22-year journey from company intern to chief executive.
CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower
Whistleblower Sarah Behnke's lawsuit leads to a $290 million judgment against CVS Caremark for overcharging Medicare on prescription drugs in 2013 and 2014.
Major retailer says 'no' to California, pulls zero punches outlining economic 'reality'
Marcus Lemonis says Bed Bath & Beyond will avoid California retail operations due to expensive regulations, instead offering online delivery within 24-48 hours.
Fox Business Briefs 8/20
Target reports better-than-expected quarter and new CEO; Elon Musk pumps the breaks on new political party; McDonald’s to cut combo meal prices; Hooters looks to rebrand; White House launches official TikTok account.
Target names new CEO as retailer fights to reverse sales slump
Michael Fiddelke, Target's current chief operating officer, will replace CEO Brian Cornell on Feb. 1 as the retailer works on its turnaround strategy.
Costco's Pepsi-to-Coke switch goes viral as members sound off
Membership warehouse chain Costco completed a nationwide transition to Coca-Cola products in food courts, ending an 11-year partnership with PepsiCo that began in 2013.
Florida GOP pulls immigration merchandise after Home Depot pushback
The Republican Party of Florida takes down "Deport Depot" shirts and hats from its website following Home Depot's objections over the use of its corporate logo.
Labubu dolls become 2025's hottest toy craze among kids and adult collectors
Labubus dolls are only available through online purchases and in-store pickups, if you can find one in stock. Adding to the scarcity factor is the blind-box packaging.
Fox Business Briefs 8/18
Retail earnings take center stage on Wall Street; Soho House members’ club strikes deal to go private; Survey: young adults say friendship is getting too expensive.
More than 30K wireless power banks recalled after reports of fires, explosions
More than 30,000 ESR HaloLock wireless power banks have been recalled after batteries caught fire and exploded, causing property damage.
FDA warns Americans to avoid certain popular sunscreen products
Federal health officials are warning sunscreen companies for violating drug regulations by selling products in unapproved whipped, mousse and foam forms.
Dollar General recalls instant coffee products over possible glass pieces in grounds
Dollar General issued a voluntary recall of instant coffee sold in its stores across the country over potential glass contamination that was flagged by a customer.
Hair dryers sold online through Walmart, Target, Amazon recalled over potential electrocution risk
The recalled Remington hair dyers were sold exclusively online at Walmart Marketplace, Target Marketplace and Amazon, according to the Consumer Product Safety Commission.
Costco will not sell abortion pill at US pharmacies; decision hailed as ‘significant win’ by activist groups
Costco said it will not dispense mifepristone at pharmacies nationwide after religious groups like Inspire Investing pressured retailers against selling the abortion drug.
Lowe's launches skilled trades academy for military members and spouses
Six-week Skilled Trades Academy offers veterans and military spouses training in HVAC, plumbing, electrical work and construction with OSHA certifications.
Starbucks CEO sets new time goal for baristas making your order
Starbucks CEO sets a new service goal for baristas in order to improve in-store experience for customers, changes happen at stores across the U.S.
Amazon expands same-day delivery service to include perishable food items in over 1,000 cities
Amazon announces same-day delivery expansion for perishable items including seafood, baked goods and produce across 1,000+ U.S. cities to compete with rivals.
Tyson's chief growth officer goes behind-the-scenes of innovation, new Mega Dino Nuggets
Tyson Foods chief growth officer Kristina Lambert speaks with Fox News Digital about their mission to sell protein and feed the world, while capitalizing on familiar favorite products.
Real estate expert says there is ‘big opportunity’ in retail
Liz Hart, President of Leasing at Newmark, explains why retail real estate is experiencing a golden age with 45% sales growth and 5% vacancy rates.
Target cookies pulled from shelves nationwide over potential wood contamination fears
FDA issues Class II recall for Target's Favorite Day frosted sugar cookies sold in multiple states after potential wood contamination discovered in product.



















