'The experience guests had on Target.com early Sunday morning wasn't acceptable. It's as simple as that.' Target TGT 1.14% was the victim of its own success.
A futures trader was arrested in Great Britain Tuesday for his alleged involvement in the "Flash Crash" of 2010 in which the Dow Jones Industrial Average plunged 600 points in five minutes.
Gannett Co. said its first-quarter earnings soared as growth in the media company's broadcast and digital businesses offset declines at its publishing division.
(Reuters) - U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.
Profits are slipping as changing tastes take the sparkle out of the company's core brand. But can a new cost-cutting strategy succeed?