US retail chain Target said Tuesday it would slash thousands of jobs as it restructures to save $2 billion over the next two years. The company made the announcement during an investors meeting, without specifying the number of jobs that will be eliminated. "The restructuring will be concentrated at Target's headquarters locations," said the Minneapolis, Minnesota-based company in a statement. Target Corp., which bills itself as an "upscale" discount retailer, has nearly 1,800 stores across the United States.
CHESTER, Ill. (AP) — Drew Peterson, a former suburban Chicago police officer convicted of killing his third wife and suspected in his fourth wife's disappearance, pleaded not guilty Tuesday to trying to hire someone to kill the prosecutor who helped put him in prison.
RALEIGH, N.C. (AP) — Former CIA Director David Petraeus, whose career was destroyed by an affair with his biographer, has agreed to plead guilty to charges he gave her classified material — including war strategy and the names of covert operatives — while she was working on the book.