Maersk Line falls to $116 million loss on rate tumble and other top stories.

• Maersk Line falls to $116 million loss on rate tumble

  Rising volume was not enough to offset a sharp fall in freight rates that...

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• Jack Dorsey gets another break with a strong third quarter from Square

  

  While Jack Dorsey’s other company Twitter might be struggling, Square continues on a roll that’s keeping Wall Street happy. There’s going to, as always, be a big question mark for Square because of Dorsey’s tenure at Twitter — which is hardly going well. While the company’s latest quarter showed a flash of optimism, the company’s efforts to close a sale with Salesforce and other potential bidders fell through for a number of reasons (trolls included). There are questions of Dorsey’s ability to..

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• On Dakota Access, Obama says Army Corps is weighing whether to 'reroute' pipeline

  

  EXCLUSIVE: @POTUS on Dakota Access Pipeline protests: “There's an obligation for authorities to show restraint" pic.twitter.com/OfITagV1WG — NowThis (@nowthisnews) November 2, 2016 President Obama said Tuesday that his administration was considering ways to “reroute” the Dakota Access oil pipeline after a week of violent clashes between authorities and activists protesting the controversial project. In an interview with NowThis, Obama addressed concerns from Native Americans that the pipeli..

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• The Big Winner on November 8 Could Be... Marijuana

  

  With pot on the ballot in nine states, the big winner in next Tuesday's election could be America's legal cannabis industry. By 2020, legal market sales are expected to surpass $22 billion. And for states struggling with budget shortfalls, that extra revenue would be clearly welcome. Voters in five states — Arizona, California, Maine, Massachusetts and Nevada — will decide whether to legalize recreational marijuana for adults. Medical marijuana is on the ballot in Arkansas, Florida, Montana,..

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• Facebook is expected to report another blowout quarter

  

  Facebook currently trades around 29 times the next four quarters' earnings, an eye-popping figure, though this is down from 34 times in late January. As such, its current valuation is 15 percent more attractive than at the start of 2016, Nomura analyst Anthony DiClemente wrote in an Oct. 17 note. Investors are banking on Facebook's executive team to continue to grow revenue from core Facebook with new ad products and overseas margin expansion and to monetize Oculus, WhatsApp and the Facebook..

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• Investors take fright at rising chances of Trump US election win

  

  LONDON World stocks, the dollar and oil fell on Wednesday, while safe-haven assets such as gold and the Swiss franc rose as investors were rattled by signs the U.S. presidential race was tightening just days before the vote.Investors were beginning to rethink their long-held bets of a Nov. 8 victory for Democratic candidate Hillary Clinton amid signs her Republican rival Donald Trump could be closing the gap, deepening the recent decline across major stock markets.Asian stocks hit a seven-week..

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• Alibaba Earnings Show It Again Defying China's Slowdown

  

  HONG KONG — Amid concerns about a slowdown in the growth of the Chinese economy, China’s largest e-commerce company is showing that — for now — business on its platforms is holding steady.Alibaba Group said on Wednesday that its revenue grew strongly in the three months through the end of September, as the myriad brands and small-time vendors on its online shopping sites kept spending heavily on advertising. Although Chinese economic growth has slowed, more shoppers are also turning to Alibaba ..

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• CMO Today: AT&T-Time Warner Deal Puts 'Zero-Rating' on Regulatory Agenda

  

  Updated Nov. 2, 2016 7:56 a.m. ET ZERO-SUM GAME?: AT&T plans to let its customers stream as much content as they want through its coming DirecTV Now online TV service without it counting toward their monthly data limits. But the offer to exempt its own service from data-usage caps—a billing practice often referred to as “zero-rating”—could also prove to be the company’s Achilles heel. Streaming rivals like Netflix and Sling TV are likely to press regulators to scrutinize the pr..

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• Broadcom is buying Brocade Communications for $5.9 billion

  

  Broadcom has agreed to buy Brocade Communications for $5.9 billion. According to a statement on Wednesday, Broadcom, a semiconductor maker, will pay $12.75 a share for the data-storage and networking provider. The deal is valued at $5.5 billion in cash, with $400 million of net debt.  The two companies are compatible because semiconductors are among the components that go into Brocade's networking equipment.   "With deep expertise in mission-critical storage networking, Brocade increases our ab..

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