The Wall Street Journal: Facebook to limit the information it shares with data brokers

Facebook Inc. is curbing the information that it exchanges with companies that collect and sell consumer data for advertisers, as the social-media giant tries to calm an uproar over its handling of personal information. The measures, part of which Facebook FB, +0.53%   announced late Wednesday, affect a group of so-called data brokers such as … Read more

Older Adults Have More Debt Than Prior Generations

The Employee Benefit Research Institute (EBRI) has published an issue brief, “Debt of the Elderly and Near Elderly 1992–2016,” that outlines the extent of debt-to-asset difficulties among those 55 and older. In the brief, EBRI’s Craig Copeland came to the following conclusions: “A higher percentage of American families with heads ages 55 or older have … Read more

This Chinese app maker was just valued at more than $3 billion

Bilibili Inc. shares suffered through a rocky first day on Wall Street, but executives insist they are much more focused on the future with a unique mobile product that has captured young fans in the world’s most populous country. Touted as the “largest online entertainment platform for Generation Z in China,” Bilibili BILI, -2.26%  priced … Read more

Personal Finance Daily: Why Democrats are warming up to Walmart and where women have the most economic opportunity

Happy Wednesday, MarketWatchers! Don’t miss today’s top stories: Personal Finance Rock climbing and bouldering could be your next best whole-body workout Indoor climbing and bouldering are part of a tough, effective workout that costs about the same as a gym membership. These are the states where women have the most economic opportunity Only one place … Read more

The Wall Street Journal: Trump ousts David Shulkin from VA, names his personal doctor to the post

President Donald Trump on Wednesday ousted his embattled Veterans Affairs secretary, David Shulkin, in the wake of an internal investigation that found he had misused taxpayer dollars on a recent trip to Europe. Trump said in a tweet that Rear Adm. Ronny Jackson, his physician, would become Veterans Affairs secretary. I am pleased to announce … Read more

The Wall Street Journal: Barrick Gold co-founder Peter Munk dies at 90

Peter Munk escaped Nazi-occupied Hungary to become a freewheeling international entrepreneur and founder of Barrick Gold Corp. Aside from building Barrick ABX, -1.35%   through takeovers into the world’s largest gold miner, he helped create a maker of stylish stereo equipment, made abortive efforts to enter the auto-manufacturing business, developed hotels in the South Pacific … Read more

The Wall Street Journal: Uber freight-trucking executive Lior Ron leaving the company

Uber Technologies Inc.’s head of freight trucking, Lior Ron, who helped work on autonomous-vehicle technology, is leaving the company, a prominent departure in the wake of a controversial crash involving one of its self-driving vehicles. Ron, who oversaw Uber’s freight-trucking division, doesn’t appear to have a job lined up, according to an internal email reviewed … Read more

MarketWatch First Take: Intel loses chip throne after 25 years, but Samsung lead is ‘built on sand’

Samsung Electronics’s position as the No. 1 semiconductor supplier in the world — a move that kicked Intel Corp. to No. 2 — is only as solid as the volatile memory chip market. Earlier on Tuesday, IHS Markit issued its annual world-wide semiconductor industry data for 2017, showing that Samsung Electronics Ltd. 005930, -2.56%  of … Read more