The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home ...

Target Corp. announced Wednesday that longtime Chief Executive Brian Cornell will step down as the retailer faces declining ...

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently chief operating officer of the retailer and will succeed Brian Cornell, who ...

Target announced in a press release Wednesday that its board of directors unanimously appointed COO Michael Fiddelke to be ...

The new CEO is taking over at time when Target’s sales are in a funk, its stores are messy and understocked, and it’s losing ...

Shares of Target Corp. tumbled in early trading Wednesday, after the discount retailer said it was replacing Chief Executive Brian Cornell, who has been in charge for the past 11 years, with current ...

Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, operations, and human resources.