This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (October 20, 2018).

Facebook hired a former British deputy prime minister, Nick Clegg, as its top policy and communications executive, giving him the task of mending the social network's image as it deals with closer political scrutiny.

Procter & Gamble booked its strongest quarterly sales in five years.

The U.S. housing market is stumbling through its longest slump in four years.

Strong quarterly earnings reports helped the Dow edge up 0.3% to 25444.34 on Friday. The S&P 500 was little changed at 2767.78.

The SEC is taking a more forceful stance on key aspects of the way the biggest U.S. stock exchanges conduct their business.

The Trump administration offered generous definitions and rules to accelerate tax-advantaged investment in low-income areas.

Honeywell said the SEC has opened a probe into the firm's accounting for asbestos-related liabilities.

Concerns over Italy's finances spread to other European bond markets.

 

(END) Dow Jones Newswires

October 20, 2018 02:47 ET (06:47 GMT)

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