Bloomberg Business

Pinterest Gains a New Bull as Evercore Touts ‘Inflection Point’

Pinterest Inc. is on the cusp of “an inflection point” as digital advertising spending stabilizes, according to an analyst at Evercore ISI, who upgraded the stock to outperform for the first time in two years and set a new Street-high price target.

China’s New Consumption Plan May Do Little to Boost Growth

China released a plan to boost household spending on everything from electric appliances to furniture as economic growth slows, though economists say it’s still light on the kinds of policies that would meaningfully boost the recovery.

College Athletes Get Scammed, Sign Away Their Likenesses

Savannah Schoenherr was fresh off a second-place team finish at the NCAA gymnastics championship last year when a business opportunity hit her inbox: A New York clothing brand offered her $1,500 to model its apparel.

Scandals Taint Singapore’s Clean Image, Complicating Succession

Singapore’s ruling party has long relied on its reputation for clean governance to win elections and attract capital from around the world. A series of scandals is now putting that image to the test just as Prime Minister Lee Hsien Loong prepares to pass the baton to new leaders.

Close Bitnami banner
Bitnami