United States
US energy stocks slip as oil price drop continues to 6-year low
The oil price in the global market continued to skid further on Wednesday touching a new low since March 2009 while crude inventories in the US are increasing.
StoreDot's $18M funds will be used to develop a five-minute charging of electric cars
StoreDot, the startup company producing nanotech batteries that can charge smartphones in 30 seconds, had acquired $18M funds from Samsung, Norma Investments and Singulariteam, totaling $66M. The new funding will be spent to charge electric cars.
Sephora's 'Epic Rewards" became 'Epic Returns'
If a certain product is running a great promotion, it will not be ignored by avid consumers especially if it is a well-known brand like Sephora. But what if that great promotion turned out to be a massive disappointment?
Target raises annual profit outlook with more traffic and customers spending
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.