Insights
Jun 23, 2026
‘Reward for failure’: Investor support for Target Chair Brian Cornell falls to lowest level ever
Target Chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.
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Jun 23, 2026
Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
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Jun 23, 2026
UPS to invest $48 million in temperature-controlled facilities amid healthcare boom
UPS is announcing a new investment in healthcare logistics as demand for the temperature-controlled category booms, CNBC has learned exclusively.
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