'Reward for failure': Investor support for Target Chair Brian Cornell falls to lowest level ever

'Reward for failure': Investor support for Target Chair Brian Cornell falls to lowest level ever

Brian Cornell, Executive Chairman of the Target Corporation. Anjali Sundaram | CNBC Target has promised investors that it’s pursuing an aggressive turnaround with a new CEO at the helm, but its longtime former top executive Brian Cornell still leads the retailer’s board of directors — and some major investors are signaling they’re hungry for change….

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Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby

Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby

A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby. Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to…

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