Facebook trims trending to curb fake news and lock in real-world topics
Facebook will rename and broaden its trending list to show topics covered by multiple outlets rather than topics with the most engagement. Regional trends will be shared and personalized feeds removed to reduce filter bubbles. The company will also banish perpetual fake-news publishers from its ad network.
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San Francisco
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U.S
U.K
Canada
Australia
India
Google
Dow pushes higher as earnings lift market near record
The Dow rose 32.40 points to 20,100.91 while the S and P 500 and Nasdaq slipped modestly. Investors weighed quarterly results with focus on earnings as Sherwin-Williams jumped 7.6 percent on strong results and news of its $11.3 billion Valspar acquisition.
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Doe
SEC
The
Associated Press
Ford posts 4.6 billion profit amid year gains and 9000 checks
Ford Motor Co reports a 4.6 billion annual profit with 9000 profit sharing payments due for more than 56,000 hourly workers including 1600 at the Ohio Assembly Plant. Quarterly results show a dip in Q4 due to pension accounting and recalls but full year revenue rises to 151.8 billion with strong North America truck sales and record Europe margins.
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Ford CEO Eyes Easing of Gas Mileage Rules Under Trump
Ford Motor Co chief executive Mark Fields said he hopes President Trump may ease fuel economy rules and cut corporate taxes to aid the auto industry. He spoke after meetings with Trump and after Ford posted 2016 earnings, noting EPA standards set in Obama's late term remain in place for 2022 to 2025, with a 51.4 mpg target by 2025.
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