Target slashed its annual profit outlook as the retailer continues to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the U.S. The nation’s third-largest retailer also said Wednesday that its second-quarter earnings dropped 61.7 percent.
Target is lowering its forecast for its second quarter because of costs related to a massive data breach and the repayment of debt.
Minnesota Wild left wing Thomas Vanek says he’s cooperating with federal authorities conducting an investigation in Rochester. Local media report that Vanek was at the federal courthouse in Rochester to speak with officials.
An autographed glove that Lou Gehrig gave to a Connecticut man when he was a boy has sold for $287,500. Hunt Auctions said the glove sold Tuesday at its live auction in Minneapolis. It did not disclose the name of the buyer.
One of the most popular songs of all time, Bob Dylan’s “Like a Rolling Stone,” could bring $1 million to $2 million at auction. A working draft of the finished song in Dylan’s own hand is being offered by Sotheby’s on Tuesday. The draft is written in pencil on four sheets of hotel letterhead stationery with revisions, additions, notes and doodles: a hat, a bird, an animal with antlers.
In celebration of Independence Day, several cities across the nation are hosting fun-filled activities by day and then concluding with spectacular pyrotechnic shows that can be viewed from miles away. Here are five of the best places in America to celebrate the Fourth of July
While Napa Valley deserves to be mentioned on any short list of the country’s top wine destinations, there are several other destinations nationwide that are worthy of merit.
Adrian Peterson empathizes with former players who are suing the NFL over painkillers and other medication they were given during their playing days.
New York City has many of the country’s best restaurants but other foodie towns give the city some competition. For instance, Chicago’s Alinea and the Napa Valley’s Restaurant at Meadowood also deserve merit.
Phil Hughes pitched eight poised innings in his return to New York and wound up a winner when the Minnesota Twins rallied past the Yankees 7-2 Sunday behind big hits from Josh Willingham and Brian Dozier in a six-run ninth.
A prominent proxy advisory firm is recommending that Target shareholders vote out seven of its 10 board members after a massive data breach. Institutional Shareholder Services on Wednesday targeted those members who serve on the company’s audit and corporate responsibility committee.
WNBA general managers are predicting the Minnesota Lynx to repeat as champions and Los Angeles’ Candace Parker as the top choice to earn the MVP award for a second straight year.
One of the most popular songs of all time, Bob Dylan’s “Like a Rolling Stone,” is going to auction in New York this summer. Sotheby’s is offering a working draft of the finished song in Dylan’s own hand for an estimated $1 million to $2 million.
The Pitino family still has a chance to win a championship this season. Substitute center Maurice Walker made six free throws in overtime and Minnesota held off Florida State 67-64 Tuesday night to reach the NIT title game at Madison Square Garden.
Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach.