Target CEO Brian Cornell will step down next year as the retailer continues to grapple with the backlash from rolling back its DEI initiatives. The reversal triggered a boycott earlier this year, coinciding with three straight quarters of declining sales.

Meanwhile, Fawn Weaver — who founded Uncle Nearest whiskey to honor Nearest Green, the enslaved man who taught Jack Daniel distilling — faces a battle for control of her company. Despite making Forbes’ 2024 list of Richest Self-Made Women, the brand defaulted on $108 million in loans, leading a judge to place it under receivership, giving an independent party authority to ensure creditors are repaid.