Business Blog

Facebook's WhatsApp hits 2 billion user milestone

WhatsApp CEO Will Cathcart told The Wall Street Journal that it would continue to operate largely independent of its parent company Facebook.

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Oil jumps more than 3% at high as Street eyes deeper production cuts, new coronavirus cases slow

Oil jumped more than 3% on Wednesday as traders eyed deeper production cuts from OPEC, and as China reported the lowest number of new coronavirus cases since the end of January.

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Carnival says earnings could take a big hit if it has to halt Asia operations for the coronavirus

Carnival Cruise Lines said the deadly Chinese coronavirus could dent earnings this year if the cruise line is forced to suspend Asia operations.

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Unilever will stop advertising ice cream to kids over obesity concerns

Consumer packaged goods giant Unilever says it's updating its principles for marketing food and beverages to children, including a change that will no longer target marketing communications to children under 12.

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Here's a way to beat the tax burden for IRA heirs

The Secure Act of 2019 eliminated many of the advantages the stretch IRA offered, but a Roth IRA conversion can ease some of the pain.

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Federal Reserve's Patrick Harker says interest rates should 'hold steady for a while'

Harker endorsed a wait-and-see approach following a year in which the Fed cut three times.

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