SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns 
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management 
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported 
SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations 
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop 
Shein Scales Back Vietnam Operations as US Trade Rules Shift 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
Glencore Posts Strong H1 2026 Earnings, Announces ASX Secondary Listing 
Qantas Shares Climb as Long-Haul Pilot Deal Eases Strike Concerns 
DoorDash Q2 Revenue Jumps 36% as Orders and DashPass Growth Drive Results 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Retail giant Target on Wednesday revealed its plans to close 13 of its stores across the United States by January 31, 2016, CNN reported. The company is nearly 1800 stores in the U.S.
“The decision to close a Target store is not made lightly. We typically decide to close a store after careful consideration of the long-term financial performance of a particular location. Typically, the decision to close a store is as a result of seeing several years of decreasing profitability,” Kristy Welker, a spokeswoman for Target, told Patch in a statement.
The stores to be closed include:
- Austin North East in Austin, TX
- Suncoast Pasco County in Odessa, FL
- Casa Grande, AZ
- Victorville, CA
- East Flint in Flint, MI
- Columbus Southwest in Columbus, OH
- Springfield, OH
- Northridge in Milwaukee, WI
- Superior, WI
- New Ulm, MN
- Ottumwa, IA
- Anderson, IN
- Dixie Highway in Louisville, KY
The company also said that the decision was based on the poor financial performance of the specific stores, "not about the broader company in any way”, The Huffington Post noted.
Target also ceased its operations in Canada and closed all 133 stores which reportedly cost the company $7 billion, Fortune reported. Moreover, it also laid-off several employees in the Minneapolis area as part of its two-year cost saving plan.
