6 Most Important Things in Business Today

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Target Corp. (NYSE: TGT) added Pinterest to its shopping app. Kristi Argyilan, senior vice president, media and guest engagement, said:

We’ve partnered with Pinterest for years—it’s a natural fit, thanks to our shared passion for creating inspiration and a sense of discovery. Now, Target’s excited to take our partnership to the next level. We’ll be the first—and exclusive—U.S. retailer to bring Pinterest Lens directly into our apps and experiences, creating an incredibly rich and much easier way for our guests to explore, discover and buy millions of products at Target.

Bangkok became the world’s most visited city, according to a new Mastercard study. MarketWatch reported:

Mastercard is out today with its annual Mastercard Destination Cities Index list, and the top global destinations — in terms of total travelers — over the course of 2016 include Bangkok (19.41 million visitors), London (19.06 million visitors), Paris (15.45 million visitors), and Dubai (14.87 million visitors).


Oil has moved back into bull market territory, according to Bloomberg:

U.S. crude was back in a bull market Tuesday as Turkey threatened to shut down Kurdish oil exports in response to the region’s independence vote, while Trafigura Group and Citigroup Inc. added to warnings of a looming supply squeeze.

Turkey can “close the valves” on oil shipments from Kurdistan, Turkish President Recep Tayyip Erdogan said. Ankara opposes an independent Kurdish state and has enormous economic leverage because the export pipeline runs through Turkey to the Mediterranean port of Ceyhan. There’s a risk of a market squeeze emerging as early as 2018 because of weaker investment in exploration and development, Citigroup’s head of commodities research said.

Coffee sold in California could get a cancer warning label, according to the AP:

A nonprofit group wants coffee manufacturers, distributors and retailers to post ominous warnings about a cancer-causing chemical stewing in every brew and has been presenting evidence in a Los Angeles courtroom to make its case.

The long-running lawsuit that resumed Monday claims Starbucks and about 90 other companies, including grocery stores and retail shops, failed to follow a state law requiring warning signs about hazardous chemicals found everywhere from household products to workplaces to the environment.

Twitter Inc. (NYSE: TWTR) said it will not remove a tweet by Donald Trump that North Korean officials say is a declaration of war. The social media company said taking down the tweet would violate its own rules.

CNBC reports that the world’s second-largest diamond was sold for $53 million:

After failing to sell at a Sotheby’s auction last year, the 1,109-carat uncut stone has now fetched $53 million in a private sale to luxury jeweler Graff Diamonds.

The seller, Canada’s Lucara (LUCRF), recovered the huge diamond from Botswana’s Karowe mine nearly two years ago. It named it Lesedi La Rona, which means “Our Light” in Botswana’s Tswana language.