“The rise in oil prices has mainly been caused by the freezing polar vortex hitting the U.S., firing up heating demand, and spurring concern about a potential impact on oil production and trade,” said Jens Naervig Pedersen, an analyst at Danske Bank A/S in Copenhagen. Oil has risen for two years running as the Organization of Petroleum Exporting Countries and Russia led a coalition of oil producers in cutting output. Prices have also been boosted by stoppages at pipelines in the U.K. and Libya. However, they are now at levels that are expected to help U.S. shale producers ramp up drilling, unlocking more crude and undermining OPEC’s efforts. Click Read More below for additional information.

American Dollar to Canadian Dollar = 0.728201; American Dollar to Chinese Yuan = 0.139597; American Dollar to Euro = 1.099379; American Dollar to Japanese Yen = 0.006755; American Dollar to Mexican Peso = 0.053497.

Mary Kay Inc.’s Cadillac incentive might be pink, but is is also going green.  The multilevel marketing company is transforming its beloved pink Cadillac incentive into an electric vehicle. The pink Cadillac Optiq (pronounced Optic) made its debut during Mary Kay’s annual Seminar, hosted for the first time in Charlotte, North Carolina. The transition from internal combustion to electric symbolizes more than just a vehicle upgrade. It marks a recharged vision for the future of the iconic beauty brand, according to the company. The new Cadillac model is a significant step forward in Mary Kay’s commitment to innovation, environmental responsibility, and meeting expectations of the next generation of both Mary Kay independent sales force members and their customers, per a press release.