Business Update

Target is the latest company to keep a replaced chief executive around as an “executive chairman.” Does having two top dogs make sense? Source link

Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products. Source link

A Birkin bag overnighted to Capri. A pink Brabus sports car for a Gen Z birthday party. Olivia Ferney, a travel agent to the ultrawealthy, has heard it all. Source link

After mixed reports from retail rivals, Walmart reported better-than-expected quarterly results and raised its sales forecast for the year. Source link

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates. Source link

When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday. Source link

The Food and Drug Administration urged consumers to discard packages of frozen shrimp sold in 13 states. A food safety expert said the risk to the public was low. Source link

A corporate executive who specialized in mergers, he brought together five Jewish institutions and their collections at the Center for Jewish History in Manhattan. Source link

Two suits filed this week accuse the airlines of unfairly charging passengers extra fees for window seats that the carriers knew were adjacent to aircraft walls. Source link

In 1962, she started a software company at her dining room table with a revolutionary idea: to create a place where women could find a work-life balance. Source link