Bloomberg Schneider Electric SE raised its earnings forecast for the year on improving construction markets in the U.S. and Europe with the exception of the U.K., where the company is expecting a slowdown following the Brexit vote. The world’s biggest maker of low- and medium-voltage equipment increased the target for adjusted Ebita margin improvement to 0.6 to 0.9 percentage …

  Bloomberg Developers racing to turn Brooklyn into a thriving technology office market may be finding Manhattan a less-fruitful target for poaching tenants. Leasing in Manhattan by tech, advertising, media and information tenants — known to real estate brokers by the acronym TAMI — fell in the second quarter to the lowest level in more than three years, according to …

    AP Facebook is once again getting pushy about how people message one another. Two years ago, the social-media giant forced its users to adopt its Messenger app for direct communication, a change it enforced by deactivating messages in the main Facebook app and steering users to the app. There was an uproar, some users thought Messenger violated their …