Business news in brief

Published Jan 23, 2014 at 12:01AM

Study: 401(k) prospects good

People with access to 401(k) plans for at least 30 years are on track for a reasonably comfortable retirement.

That’s the upshot of a new study measuring how Americans will fare in retirement.

The combination of Social Security benefits and 401(k) savings will provide most people with at least 60 percent of their inflation-adjusted preretirement annual income, according to the analysis by the nonpartisan Employee Benefit Research Institute.

More than 4 in 5 American workers — 83 percent to 86 percent — are likely to generate 60 percent or more of their preretirement income, the study calculates.

Facebook ads in outside apps?

Facebook says it is testing out its own ad network that would deliver advertisements to mobile applications outside of its own.

The social networking company said in a blog post Wednesday that while it has run similar tests in the past, the current program is more like a mobile ad network. The company says it is working directly with a small number of advertisers and publishers rather than an outside ad-serving platform.

Facebook is not saying which advertisers or app developers it is working with. It says it will extend its ad-targeting capabilities to show app users more relevant ads, help developers make more money and provide Facebook advertisers with greater reach.

— From wire reports