Facebook Backs Off Plan to Sell Ads in WhatsApp
The social-media giant disbanded a team that was working to integrate ads in its messaging service, marking a retreat from a controversial plan that had driven the platform's creators to resign.
Alphabet Becomes Fourth U.S. Firm to Reach $1 Trillion Market Value
Google's parent company joins Apple, Amazon and Microsoft as the only companies to hit a $1 trillion valuation, highlighting the technology sector's steady market leadership.
Panel Clears 737 MAX's Safety-Approval Process at FAA
Regulators who certified the Boeing 737 MAX adhered to policies, and the plane wouldn't have been safer if it had received the scrutiny of an all-new aircraft, a federal panel determined.
Dry Bulk Carrier American Commercial Barge Preps Restructuring
Struggling bulk commodities carrier American Commercial Barge Line Co. is in talks with a group of lenders to restructure its more than $1 billion of debt, according to people familiar with the matter.
Rio Tinto Sees Iron-Ore Shipments Rebounding in 2020
Rio Tinto forecast improved iron-ore shipments from its Australian mining hub this year after operational and weather-related setbacks curbed output in 2019.
Comcast's Peacock Aims to Undercut Streaming Rivals
Comcast's NBCUniversal unveiled a multitiered pricing strategy for its coming streaming service Peacock, including free and subscription options.
CSX Projects Another Revenue-Challenging Year in 2020
Freight rail operator CSX Corp. projects another challenging year in 2020, following a steeper-than-expected 3% revenue decline this year.
McAfee CEO Chris Young to Depart
McAfee Chief Executive Chris Young will step down to join private-equity firm TPG as a senior adviser, handing the reins to a new leader who could potentially take the cybersecurity-software company public or pursue a sale.
Gap Backs Away From Old Navy Split
The retailer won't spin off Old Navy into a separately traded public company, backing away from a plan it said it would pursue about a year ago.
Netflix Really Chills
The streaming giant gets its own flavor of ice cream.