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Facebook bans Myanmar’s military chief for hate speech

Bloomberg Facebook Inc. has removed accounts and pages linked to Myanmar’s top military officials as a new United Nations report accused the country’s armed forces of committing war crimes against the country’s Muslim Rohingya minority. On Monday, Facebook removed 18 Facebook accounts, one Instagram account and 52 Facebook pages that were followed by nearly 12 million people, the company said ...

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US stocks hit records; Mexico’s peso rises on new trade pact

Bloomberg US stocks added to all-time highs, and Mexico’s peso rallied versus the dollar as the Trump administration closed a bilateral trade deal with America’s southern neighbor. Treasuries fell. The S&P 500 Index rose as President Donald Trump unveiled details of the agreement that he says will replace Nafta. The peso rallied Mexico. European shares advanced, though a British holiday ...

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Top-performing stock fund prefers Macy’s to Amazon

Bloomberg One of the world’s top-performing global stock funds is betting against Amazon.com. It’s not so much that Amazon won’t flourish, but that the recent rally in global technology behemoths has made brick-and-mortar retailers cheap in comparison, according to Norwegian fund Storebrand Global Multifactor. The valuations right now are “too pessimistic for the retailers and too optimistic for Internet retailers,” ...

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