July 31 (Bloomberg) -- Target hired Brian Cornell as CEO, choosing the former head of PepsiCo Americas Foods to take the job after Gregg Steinhafel was ousted following a hacker attack and a botched expansion in Canada.
BUENOS AIRES, Argentina - Stocks fell sharply in Argentina on Thursday as the country defaulted on its bills for the second time in 13 years, raising fears the move could diminish foreign reserves, stoke inflation and drive the economy deeper into recession.
NEW YORK (TheStreet) -- Exxon Mobil (XOM) shares fell, down -4.2% to $98.94, after reporting a second quarter drop in oil and gas production that resulted in its lowest output in almost five years.
SAN FRANCISCO - Shares in LinkedIn LNKD rallied 10% in late trading Thursday after the professional networking service reported adjusted profit and sales that blew past estimates, fueled by growth in its recruiting and premium subscriptions business.
(Reuters) - Burger King Worldwide Inc said on Thursday it would no longer buy products from OSI Group LLC suppliers in China, where the fast-food hamburger chain has about 200 restaurants.