CEO Michael Fiddelke merchandise plans

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A Target store in Chicago, Feb. 10, 2026. Scott Olson | Getty Images MINNEAPOLIS — Target customers will soon see changes on the retailer’s shelves, as the company tries to woo back shoppers during a turnaround effort that has started to catch Wall Street’s eye. Among those shifts, Target will add more fresh and trendy […]


» Five great episodes of Michael Silverblatt’s Bookworm, in honor of the late host.

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Michael Silverblatt, the dedicated host of KCRW’s Bookworm, died last Friday at 73. Bookworm ran from 1989-2022, and was nationally syndicated. Over his thirty years on the airwaves, Silverblatt interviewed almost all your favorite authors. Everyone from William Vollmann to Arundhati Roy, Edward Jones to Gore Vidal. The late host wasn’t an obvious fit for […]


Kohl’s names Michael Bender CEO after turbulent year

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Kohl’s said Monday that Michael Bender, who has served as its interim CEO, will become its permanent chief executive as the department store tries to get back to sales growth. He becomes the third CEO for the department store in about three years. The move is effective as of Sunday. Bender, who has been director […]


Developer Michael Shvo forced to sell Miami’s iconic Raleigh Hotel

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Michael Shvo, the once-high-flying New York developer, crashed to Earth on glam South Beach, Miami, boulevard Collins Avenue. Shvo was forced to unload the iconic Raleigh Hotel to Nahla Capital for $270 million this month, Bloomberg first reported. The project was beset by slow condo sales, stalled construction and a looming, $190 million mortgage payment. […]


Ares CEO Michael Arougheti on ‘retail revolution’ in alternative assets

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A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. At Ares Management’s analyst day last month, the alternative asset manager quietly bumped up its […]


Disney CEO Bob Iger relented on Jimmy Kimmel after Michael Eisner criticism

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Disney CEO Bob Iger moved to put late-night host Jimmy Kimmel back on the air after he was “stung” by criticism from his old boss Michael Eisner, whom he “loathes,” according to a report. Iger, who is said to have a reputation for having a “thin skin,” relented on Monday and gave the green light […]


Terren Peizer, protégé of Michael Milken, gets 3-1/2 years prison for insider trading

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A protégé of former junk bond king Michael Milken was sentenced on Monday to 3-1/2 years in prison for insider trading at a healthcare company he once led, over his use of a trading plan designed to protect executives against that crime. Terren Peizer, 65, the founder and former chief executive of Ontrak, was sentenced […]