business

Facing huge inventory, Target cuts vendor orders, prices

NEW YORK (AP) — Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons. The actions, announced Tuesday, come…

Morning Business Report: May 16th, 2022

Energy companies are warning about popular graduation balloons and U.S. gasoline hits another record high as Germany plans a Russian ban. Jane King is at the Nasdaq with those stories…

Morning Business Report: May 13th, 2022

Calling men ‘bald’ at work is now considered sexual harassment in the U.K. and restaurants are shrinking portions because of inflation. Jane King is at the Nasdaq with those stories…