US energy stocks slip as oil price drop continues to 6-year low
The oil price drop to 6-year low and rise in crude inventories are taking a toll on energy companies. This put more pressure on trading in energy stocks on Wall Street. The market forecast of interest rate hike by Fed also further dampened the sentiment.
Aug 20, 2015 2:31 AM EDT
Sports Drinks in the US are on a tight race to the finish line
The battle for the best sports drink in terms of market share has just begun. Contenders like Gatorade, Powerade and the latest which is BodyArmor endorsed by NBA Star Kobe Bryant secured their place firmly. However, with people aware of the preservatives and high-sugar content of some of the popular soft drinks, it seems that in the long run, BodyArmor will be declared the winner for having a bigger market the coming months because of not using artificial colors and high-sugar content sweeteners.
Venezuela's currency against US dollar tumbles 737%
Venezuela's currency, the Bolivar, against the US dollar is falling by the day. The bolivar fell over 700% in just 12 months indicating the worst economy conditions, increasing inflation rate, drop in oil export revenues. The country is heading towards default on its debt repayment.
TrackIF helps shoppers and businesses save money; Raised $5 Million in a Series A funding
TrackIF, a tech company that lets its users track their favourite product online has raised $5 million in a Series A funding round lead by Origin Ventures and Grotech Venture.
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Instacart shifts contractual personal shoppers to part-time employees in its 16 locations
The startup grocery delivery service Instacart is shifting its personal shoppers from freelance contractors to part-time employees. However, drivers will remain contractual in the company.
Aug 19, 2015 11:16 PM EDT
Whatever happened to Disney and Maker Studios $500M big deal?
Disney and Maker Studios collaboration is deemed unsuccessful due to clash between executives and corporate structure.
Aug 19, 2015 11:12 PM EDT
Global stocks emerging platform for varied returns for investors
The variation in different economies offer a variety of returns for investors. Trading in global stocks enable investors to offset the risk associated with one country with another.
Aug 19, 2015 10:47 PM EDT
Toshiba wants new blood to lead its board; Interim president stays
Japanese major Toshiba Corp has reshuffled its board by inducting more outside directors, while retaining interim President on permanent basis. Toshiba has conveyed an extraordinary shareholders' meeting to seek approval for the board restructuring.
Aug 19, 2015 4:33 AM EDT
More IPOs from technology-driven healthcare to hit Wall St
The affordable digital healthcare solutions supported by the US government are expected to result in more activity in the industry. This will witness more IPOs hitting the Wall Street, according to industry analysts.
Aug 19, 2015 1:59 AM EDT
Claren Road Investors want their money back; Prepares to pull out $2B from the hedge fund
Investors are ready to pull half of their money out of Claren Road Asset Management thinking that the company has come to the end of the road. This is another blow for the Carlyle Group LP’s firm.
Aug 19, 2015 1:09 AM EDT
Feds give Shell go signal to drill for oil in Arctic Ocean off Alaska
US federal government gives two thumbs up for Royal Dutch Shell to start drilling in the Arctic Ocean this summer.
Aug 19, 2015 12:57 AM EDT
FCC denies $3.3B subsidy claim of Dish Network
The Federal Communications Commission prohibits Dish Network Corp. from availing the $3.3 billion credit to get more airwaves through spectrum.
Aug 18, 2015 10:42 PM EDT
How to Create Loyal Customers in 5 Easy Ways
Running a business is difficult. It is even more difficult to create loyal customers. To keep them coming back, know what they want and what they need. Acknowledge their complaints and concerns and resolve it in a timely manner. Excellent customer service should be provided.
Aug 18, 2015 9:19 AM EDT
What has schooling got to do with retail? India's top e-retailers are running free 'universities'
Free “universities” are becoming a fast growing trend among India’s top online retailers with millions of merchants in the country selling their products online.
Aug 18, 2015 9:10 AM EDT
Mixed news regarding the economy ultimately leads to rising U.S. stocks
Two market forces acting on opposite ends of the economy ultimately lead to rising U.S. stocks. The rate of manufacturing slowing down within the state has plunged to near historic levels while the world was caught by surprise as China's yuan was devalued last week.
Aug 18, 2015 7:32 AM EDT
Merkel makes case for Greek bailout ahead of key parliamentary vote
Facing a potential rebellion from allies in parliament, German Chancellor Angela Merkel appears on TV trying to shore up support for a Greek bailout. Merkel says she expects the International Monetary Fund to take park in the bailout.
Aug 18, 2015 7:06 AM EDT
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