Bloomberg Facebook Inc. has suspended apps by Crimson Hexagon, a company founded by a Harvard University researcher who has a close relationship with the social network, after the Wall Street Journal inquired about the firm’s contracts with governments. US government agencies and a Russian nonprofit with ties to the Kremlin are among clients of Crimson Hexagon, a data analysis firm, ...

Bloomberg It’s so hot in Texas that the power grid keeps breaking demand records, and it’s forecast to get so warm in California next week that natural gas prices have risen to a nine-year seasonal high. The Dallas-Fort Worth area shattered a 93-year-old daily heat record, reaching 108 degrees Fahrenheit (42 Celsius), the sixth straight day of triple-digit temperatures. It ...

Bloomberg It may not be obvious amid the screaming headlines — about currency manipulation, Fed jawboning, Russia summit, yuan weakening, etc. — but US stocks continue their low-volatility, bull-market grind higher. The 2,800 level on the S&P 500 has been bested three sessions in a row on a closing basis — and is on pace for a fourth. That level ...