In the news
Target CEO and president Gregg Steinhafel resigned this morning. The move comes not long after a massive data breach hurt the retailer during the crucial holiday season. Steinhafel, who has been with Target for 35 years, will remain as adviser for the interim CEO and president, John Mulligan, the company's CFO.
The murder trial of Oscar Pistorius resumes today. The South African is accused of killing his girlfriend, but he says he thought she was an intruder and didn't mean to kill her.
The Dow Jones opened at 16,509.75.
Quote of the day
"A show business insider told us that the Los Angeles Clippers are up for sale and will be purchased by Oprah Winfrey. The new team physician will be Dr. Phil." - David Letterman
Jennifer Lawrence is "World's Sexiest Woman."
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