Target shares plunge 20% after discounter cuts forecast, posts biggest earnings miss in two years

Target shares plunge 20% after discounter cuts forecast, posts biggest earnings miss in two years

People are seen at the parking lot of a Target store in Selinsgrove. Paul Weaver Lightrocket | Getty Images Target on Wednesday missed Wall Street’s quarterly earnings and revenue expectations and posted only a slight uptick in customer traffic, despite the discounter’s price cuts on thousands of items and its early holiday sale. The big-box…

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Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce

Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce

WASHINGTON — President-elect Donald Trump on Tuesday tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle. He also selected Dr. Mehmet Oz, a former television talk show host and heart surgeon, to head the agency that oversees health insurance programs…

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