Gregg Steinhafel

U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....

U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...

It was announced Monday morning that Gregg Steinhafel will step down as Chairman, President and CEO of Target (NYSE: TGT). CFO John Mulligan will take the role of interim CEO as the company looks for a new executive and Roxanne Austin will replace Steinhafel as chairman. Steinhafel had been...

If you think the biggest retail hack in U.S. history happened because Target (NYSE: TGT) didn’t have a strong enough security system, you are wrong. Target’s security system, provided by computer security firm, FireEye (NASDAQ: FEYE), worked just fine, according to a recent report by Bloomberg...

Target (NYSE: TGT) on Wednesday confirmed that its Chief Information Officer Beth Jacob is resigning. The company said that Jacob's departure was her decision, but investors and followers of the data breach story may think otherwise. Target revealed right before Christmas that it has been victim...

Here's a look at the top tickers trending on StockTwits.com. Yandex: Teaming up with Google Russia's largest search engine Yandex (NASDAQ: YNDX) has inked an agreement of cooperation with Google. Under the agreement, Google's advertising clients will gain access to Yandex's advertising inventory...

Wal-Mart (NYSE: WMT) on Tuesday said that it will invest around C$500 million ($450 million) in 35 new supercenters between now and next January, Reuters reported. Wal-Mart's investment will improve its distribution network and e-commerce projects, while creating 7,500 jobs across the country. Wal...

Target (NYSE: TGT) has received its fair share of attention over the past few weeks because of its data breach that affected over 70 million American customers. Flying a bit under the radar is the company's recent expansion to Canada, which is off to a bumpy start. Target opened its first...

When you’re hacked and far more than 40 million of your customers’ private data is posted on the internet, you better have a good answer to the question, “how will you prevent this from happening again?” Target (NYSE: TGT) CEO Gregg Steinhafel had an answer: A type of credit card company that...

Things just aren’t getting any better for Target (NYSE: TGT). The retailer said that the massive data breach, first estimated at 40 million people, likely affected 70 million customers. Target, operator of nearly 1,800 stores in the U.S., said that the data included a mix of names, mailing...

The Toronto Star reported Wednesday that after a self-admitted “underwhelming” rollout in Canada, Target (NYSE: TGT) said it planned to spend the next year trying to change the shopping habits of customers north of the border to more closely match those of its U.S. neighbors. Specifically, what...