Big box retailer Target cut its full-year profit forecast Wednesday by roughly 50 cents in the face of continued consumer spending declines. The company, which recently named a new CEO after its customers had their data hacked over the holiday season, now expects to earn between $3.10-$3.30 per share.
Activist investor and board member Bill Ackman sent a letter expressing his frustration with the CEO search, according to a report from CNBC’s Scott Wapner.
As you have already learned, BuzzFeed is now in the benevolent paws of Colonel Meow. This videotape of Cultural Instruction will show you the true path of our new HR policies.
There has been a dramatic coup at BuzzFeed today, and we have a new CEO! Everything is better now. We are stronger now.