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Facebook never learns from its own mistakes

The worst thing about the latest revelation involving Facebook Inc. and its questionable stewardship of people’s personal information is that the company has again shown that it never learns from its own mistakes. In an article published late on Sunday, the New York Times reported that dozens of hardware companies such as BlackBerry Ltd. and Apple Inc. had far more ...

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Trade hopes sustain risk-on mood; ECB sinks bonds

Bloomberg Trade hopes and the end of easy money were the twin themes in trading on Wednesday, with stocks extending gains and bonds falling as this week’s risk-on mood endured. US equity futures climbed following advances across Asia on signs that major economies will step back from the brink of a trade war. More than half of companies in the ...

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Oil near $65 as OPEC fears weigh against US stockpile drop

Bloomberg Oil traded near $65 a barrel as an industry report showing a drop in American crude stockpiles countered fears about a potential OPEC supply boost. Futures in New York fell 0.7 percent, following a 1.2 percent advance on Tuesday. The American Petroleum Institute was said to report nationwide crude inventories declined by over 2 million barrels last week. Meanwhile, ...

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