Facebook Inc plans to hire 1,000 more people to review ads and ensure they meet its terms, as part of an effort to deter Russia and other countries from using the social media network to interfere in others’ elections, it said on Monday. Facebook said last month that it believed people in Russia bought about 3,000 politically divisive ads on its network in the United States in the months before and after the November U.S. presidential election. Since its disclosure, Facebook has faced questions and calls for increased U.S. regulation …

U.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter. The economic outlook was also bolstered by other data on Monday showing a rebound in construction spending in August. The acceleration in manufacturing activity and the accompanying increase in prices could harden expectations that the Federal Reserve will raise interest rates in December. The Institute for …

When Alfred Nobel established the literature prize in his name, he perhaps could have benefited from an editor. The terms of his will leave the prize’s exact intentions tantalizingly vague – making the literature award one of the most debated and entertaining of the Nobel Prizes. The Swedish industrialist said he wanted the prize to recognize “the person who shall have produced in the field of literature the most outstanding work in an ideal direction.”   On Thursday, the Swedish Academy will announce whom it considers to have met the …

Facebook Inc founder and Chief Executive Mark Zuckerberg asked for forgiveness for ways his work was used to divide people in a Facebook posting marking the end of Yom Kippur, the Jewish holiday of atonement on Saturday. “For the ways my work was used to divide people rather than bring us together, I ask forgiveness and I will work to do better,” Zuckerberg said in the post. He did not refer to specific issues in the message, which comes as Facebook and other technology companies are under increased scrutiny amid …