Facebook Inc. disclosed late Monday that it spent $4.8 million to influence U.S. lawmakers and regulators in the third quarter, lifting its year-to-date spending on Washington lobbying a level that already nearly matches 2018’s full-year total. See full story.
Dow shakes off disappointing results from Caterpillar, Boeing and heads higher
Stocks inch higher Wednesday morning despite a weaker-than-expected report from two Dow components and a poor update from a semiconductor company, with a fresh wave of corporate results on deck. See full story.
Here’s where hedge-fund shorts are at risk of getting burned
Hedge funds are too bearish on oil compared with the fundamentals, an energy analyst says. See full story.
Microsoft’s earnings report will likely make believers out of cloud-software skeptics
The company is well-positioned for further gains, reflecting accelerating revenue growth in the industry. See full story.