Practice Management

Target Corp.s board is under pressure to do something its never done before: hire a leader from outside the company.

Target Corp. Chief Executive Officer Gregg Steinhafel, dogged by a holiday-season data breach that exposed the personal information of tens of millions of shoppers, will step down as chairman, president and CEO.

Express Scripts Holding Co. fell the most since 2012 after the company cut its full-year forecast and said it received subpoenas regarding its relationships with drugmakers.

The moves will yield $420 million in cost savings through 2017 and $300 million annually after that.

Target Corp. took two big steps to put the holiday data-breach nightmare behind it today.

Oregons health insurance exchange, plagued by computer flaws after federal taxpayers spent $303 million to build it, may be closed and the states customers shifted to the federal marketplace.