Facebook Inc surpassed quarterly profit and revenue estimates on Wednesday as the social media giant found more ways to attract advertisers to its mobile app including its centrepiece product, the Facebook News Feed, sending its shares to an all-time high.

After getting flooded with angry comments about how it’s treating laid-off workers and calls for a boycott, Sears Canada is both removing and no longer allowing public posts on its Facebook site.

The U.S. Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed's target level.