Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Retail giant Target receives $1bn boost from tariff refunds
Business & Finance

Retail giant Target receives $1bn boost from tariff refunds

Retail giant Target receives $1bn boost from tariff refunds
BBC World Wednesday 19 August 2026, 14:47 UTC 1 min read
Key Points

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
Target (ORG) US (LOCATION)
Originally published by BBC World Read original →

Related Stories

Moderna Surges on Cancer Vaccine; Estee Lauder Rallies on Earnings | Stock Movers

On this episode of Stock Movers: - Shares of Moderna (MRNA) surged by a record 101% - the stock’s biggest intraday gain on record - after the biotech said a personalized cancer vaccine combined with partner Merck & Co.’s Keytruda helped cut the recurrence of melanoma in a large, late-stage trial. The study also met a key secondary goal of showing the shot could help prevent tumors from spreading to new areas of the body, the companies said in a statement Wednesday. - Shares of Estee Lauder...

Bloomberg Markets 16m ago

Wall Street analysts just called this healthcare stock a buy — here’s our take

Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Here's a recap of Wednesday's key moments. Stocks rose Wednesday, supported by a decline in bond yields after the Treasury said it will raise the level of long-term government debt buybacks.

CNBC 21m ago

Zuckerberg lied about concern for child safety, Meta whistleblower testifies at landmark trial

Arturo Béjar, former Meta safety engineer, tells jury tech company was aware of products’ potential harm to childrenMeta has taken a “don’t ask, don’t tell” strategy when it comes to the safety of children on its social media platforms, according to a whistleblower who testified during a landmark trial against the company on Tuesday. He is slated to continue his testimony on Wednesday. Arturo Béjar, a former Meta safety engineer, told the jury that the company was aware of the harm its...

The Guardian Business 23m ago

Ken Fisher’s Firm Seen Behind $4 Billion Contrarian Bond Trade

Billionaire Ken Fisher’s eponymous firm appears to be betting that the longest-dated US bonds will rally, a contrarian stance that seeks to capitalize on yields close to their highest in two decades.

Bloomberg Markets 26m ago