Target on Friday said it's rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers.In a memo sent to its employees, the Minneapolis-based retailer said it will end its three-year DEI goals, stop reports to external diversity-focused groups...
Category: News
CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024.John Nowak | CNN | Via ReutersWarner Bros. Discovery's CNN plans to lay off hundreds of employees Thursday as it refocuses the business around...
SpaceX’s Starship rocket breaks up after launch, flights divert after FAA debris warning
SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025.Eric Gay | APSpaceX launched the seventh test flight of its Starship rocket on Thursday, but lost communication with the upper stage of the rocket that continues on into space.The company's webcast showed data stopped...
Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing 737 Max planes sit at the airport in Renton, Washington.Leslie Josephs | CNBCBoeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after a midair door panel blowout a year ago and a machinist...
Nordstrom raises sales outlook after holiday season was better than feared
Shoppers walk into a Nordstrom department store in Austin, Texas, on March 3, 2023.Brandon Bell | Getty ImagesNordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store's cautious expectations.The company stuck by its profit guidance...