Target takes a page out of Wal-Mart’s acquisition playbook, with plans to grow same-day delivery

Target has for the past few months been reinvesting in itself, rolling out its own private-label brands and keeping especially quiet on the acquisition front, with rival Wal-Mart on a buying spree. Until now. Target announced plans on Monday to acquire Grand Junction,...

BE Corporate Executive of the Year and Merck CEO Quits Trump Council over Charlottesville

Merck CEO Kenneth C. Frazier, Black Enterprise’s 2014 Corporate Executive of the Year, said that he has given up his seat on the President’s American Manufacturing Council. (Kenneth Frazier. Image: File) Posted as a statement from Merck’s official...

Stocks are long overdue for a pullback, but it will be a buying opportunity: Strategist Stovall

But CFRA’s chief investment strategist, Sam Stovall, does not believe stocks are about to enter any sort of bear market. Stovall blames “geopolitical tensions” for keeping the S&P 500 below 2,500, the next key level that the bull run was set to...