(Reuters) -Target named longtime company veteran Michael Fiddelke as its CEO, replacing retail industry bigwig Brian Cornell, effective February 1, 2026. The leadership change comes as inflation and uncertainty from U.S. tariffs raise concerns over consumer spending, particularly for Target's discretionary products such as apparel and electronics. With the appointment of Fiddelke, Target is also back to picking names from...

07:37 AM EDT, 08/20/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) and Mitsubishi UFJ Financial Group ( MUFG ) are nearing a deal to underwrite a $22 billion loan to construct a data center campus for Vantage Data Centers in Texas, Financial Times reported Wednesday, citing people briefed on the talks. JPMorgan ( JPM ) didn't immediately reply to...

07:39 AM EDT, 08/20/2025 (MT Newswires) -- IonQ ( IONQ ) said Wednesday it has surpassed 1,000 licensed, owned or controlled patents following the issuance of new patents in the US. The company said latest patents include a portable quantum memory package for secure long distance communication and a self-aligned fabrication process for coupling of photonic waveguide inside quantum memory...

07:38 AM EDT, 08/20/2025 (MT Newswires) -- Shineco ( SISI ) shares were 45% higher pre-bell Wednesday after the company said it signed a collaboration deal with blockchain infrastructure provider Plus Me. Auddia ( AUUD ) stock was up 32% after the company said it shifted its business model for its artificial intelligence-driven streaming app faidr from B2C to B2B....