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Target’s Q3 Earnings Show Same-Day Services Are Driving Sales Growth

Target (NYSE: TGT) has been making changes to meet that demand for same-day services, giving consumers the option to shop online and yet have access to their orders on the same day. The feature has been driving increased sales for Target since the pandemic onset, and the retail giant's third-quarter results show it's working far better than expected. Target reported financial results for its fiscal third quarter (which ended Oct. 30) before markets opened on Nov. 17. Read More...

Reuters

Bitcoin heads for worst week in months as Mt Gox payouts loom

Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits from a long rally and been spooked by an expectation that creditors of collapsed crypto exchange Mt Gox might liquidate their payments. The largest cryptocurrency by market value, bitcoin was down 1.6% at $55,980 by mid-session in Asia, its lowest since mid-October and 20% below last week’s record high. “Selling pressure has been quite constant,” said Matthew Dibb, chief operating officer at Singapore-based crypto asset manager Stack Funds, who expects it could continue until the token finds support at around $53,000.

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