Target stores are getting more foot traffic and shoppers are spending more in each trip, raising the company's annual profit outlook and increasing its second-quarter net income three folds, announced the discount-store chain Wednesday.
Industry
Asian growth plans at risk due to China meltdown
Chinese factor is impacting significantly growth plans of several economies in the Asian region. The uncertainty in the stock markets and volatility in the foreign exchange (forex) have kept the many Asian nations in a gripping situation.
Yes, What happens in China matters in your retirement plans
One can cite several reasons for the ongoing crash of equity values across the global markets. The major reason that no one can afford to avoid is Chinese factor. The slowdown in the world's second-largest economy, China's latest devaluation of its currency Yuan, drop in manufacturing output, mining companies reporting worst performance, etc, all these developments are impacting the global markets in fact all the countries including developed and emerging economies as well.
From digging low to getting high: Junior miners pivot to medical marijuana as commodities hit bottom prices
Prices of various precious metals have dropped, hitting junior miners. This prompted the junior miners to venture on various unconventional options, ranging from exporting eggs to farming medical marijuana.
Chicago catching up fast as next Silicon Valley hub
With California's real estate over saturating fast, Chicago is poised to be next best option among other potential cities to be future Silicon Valley tech hubs.
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A loan can either bring a business to new heights or disrupt the cash flow and bring a company down to oblivion. Prominent finance gurus Dale Clarke and Ryan O'Shea shared some expert advice to Forbes.com's Garrett Gunderson.
The UN FAO reported low food price index - the lowest in six years. If the situation persists, the price drop will be welcomed by consumers globally, which is also beneficial for poor countries. But the plentiful supplies of these products may also have a negative impact for farmers with prices not enough to cover for production costs.
Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world's second-largest economy.
The U.S. coal industry is hit by another major blow as Alpha Natural Resources Inc. will file for Chapter 11 bankruptcy court protection on Monday.
With HTC's unimpressive performance from the One M9, the company attemps one final push for redemption with the One M10. Will this "hero" smartphone save the day? Or will HTC finally sell to ASUS. Read more on the details catch the latest news here!
Car insurance companies are puzzled when Google driverless cars hit the roads in some areas in America. Some of the alternate plans include the extension of the insurance coverage to mobile phones as well as the carmakers for the expenses in case one of the features of the driverless cars crashed.
The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.
Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.
Victoria's Secret, the leading lingerie brand dominating the 35% of the market is losing $9 billion opportunity for missing out plus-sized underwear in the line.
