Business
Pinterest can surge 25% as user engagement and monetization improve, Goldman says in upgrade
Shares of Pinterest can jump 25% from here as the social media company improves user growth and monetization on its platform, according to Goldman Sachs. Analyst Eric Sheridan upgraded shares of Pinterest to buy from neutral, saying he came away from a recent meeting with senior Pinterest management with increased confidence. Sheridan also hiked his […]
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Europe’s gas storage is almost full for winter. But the IEA fears next year may be very difficult
A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin’s invasion of Ukraine. Krisztian Bocsi | Bloomberg | Getty Images The executive director of the International Energy Agency on Wednesday said that while Europe’s gas storage for this winter was nearly full, the […]
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Fugitive Justin Costello arrested in alleged $35 million fraud based on ‘mirage’ of being billionaire, Harvard MBA, Iraq veteran
Zoom In IconArrows pointing outwards A fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT team in California after days on […]
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Fugitive Justin Costello arrested for $35 million fraud based on ‘mirage’ of being billionaire, Harvard MBA, Iraq vet
Zoom In IconArrows pointing outwards A fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT team in California after days on […]
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Ford hikes starting price of electric F-150 Lightning for second time in less than two months
Ford F-150 Lightning pickup trucks are shown at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor is increasing the starting price of its electric F-150 Lightning pickup by $5,000 for the 2023 model year, citing rising costs and supply chain issues. […]
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Key Democrat outlines 5 priorities for $80 billion in IRS funding
Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance Committee hearing. Tom Williams | Pool | Reuters Senate Finance Committee Chairman Ron Wyden, D-Ore., has outlined five priorities for the nearly $80 billion in IRS funding enacted in August through the Inflation Reduction Act. Wyden shared expectations for […]
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Ukraine joins Spain and Portugal’s joint bid to host 2030 World Cup
Soccer Football – Carabao Cup Final – Chelsea v Liverpool – Wembley Stadium, London, Britain – February 27, 2022 Liverpool fan with the big screen in the background in support of Ukraine before the match Action Images via Reuters/John Sibley TPX IMAGES OF THE DAY John Sibley Reuters Ukraine has joined Spain and Portugal in […]
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Stocks making the biggest moves midday: Tesla, Enphase Energy, Exxon Mobil and more
A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesla fell 5.5% after a Tuesday filing confirmed that CEO Elon Musk agreed to buy Twitter for $54.20 per share, the original […]
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SpaceX launches Crew-5 mission for NASA, carrying astronauts to space station
The Crew-5 mission launches on Oct. 5, 2022. NASA TV SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of crewed missions. Known as Crew-5, the mission for NASA will bring the group up to the ISS for a six-month stay in […]
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Why the ESG vs. GOP war over energy and climate change is going nowhere
Wall Street is no stranger to culture wars, dating to William Jennings Bryan and the 19th-century free silver movement. Today’s version: The push by conservative states to make state pension funds stop doing business with money managers who use their power to press companies to cut carbon emissions. There’s a list of reasons to suspect […]
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