Facebook shares to rally 45% by the end of next year, Credit Suisse predicts

Credit Suisse believes Facebook shares will rally 45 percent by the end of next year as the social media giant continues to perfect how to target customers for advertisers. Credit Suisse introduced its 2018 price target at $220. The market research firm also raised...

Chinese umbrella-sharing startup loses most of its 300,000 umbrellas in three months

The sharing economy has made it easier for communities to peer exchange anything from a spare bedroom in your house to car rides and bicycles. But the model doesn’t work for everything, as one umbrella-sharing startup learned the hard way. Just under three...

Credit Suisse: Trump-Russia headlines leading to ‘legislative paralysis’ which will take down dollar

A slew of negative headlines about the Trump administration’s relationship with Russia could delay tax reform, hitting the U.S. dollar, Credit Suisse said Monday. “The prospect of legislative paralysis as a result of these controversies may weigh further...