TikTok on Saturday confirmed that it has reached a proposed deal with U.S. companies Oracle and Walmart. "We are pleased that the proposal by Tiktok, Oracle, and Walmart will resolve the security concerns of the U.S. administration and settle questions...
Asian shares slip on faltering hopes for COVID vaccinesStocks are mostly lower in Asia after big technology shares staged a comeback overnight, pushing Wall Street benchmarks higher By ELAINE KURTENBACH AP Business Writer November 12, 2020, 4:20 AM •...
China's fiscal revenue continued to rise for the third straight month in August, showing positive signs of steady economic recovery, official data showed Friday. The country's fiscal revenue climbed 5.3 percent last month to reach 1.2 trillion yuan (177...
Lagarde: Recovery could be stop-and-go despite vaccine newsEuropean Central Bank President Christine Lagarde says the recovery could be stop and start until vaccination becomes widespread By DAVID McHUGH AP Business Writer November 11, 2020, 2:55 PM •...
To address ownership concerns, ByteDance plans to do an initial public offering of TikTok's global business on a U.S. stock exchange, CNBC reported on Thursday sourcing people familiar with the matter. CNBC said Oracle will own a minority stake of less...
U.S. House Democrats detailed in a scathing report Wednesday how Boeing's design errors and its cozy relationship with the Federal Aviation Administration (FAA) led to two fatal crashes of the 737 MAX jet. The House Transportation Committee's report con...
Photo taken on Aug 21, 2020 shows a logo of the video-sharing social networking company TikTok's Los Angeles Office in Culver City, Los Angeles County, the United States. (Photo/Xinhua) Chinese companies operating in the United States are being told to...
China's retail sales of consumer goods, a major indicator of consumption growth, expanded for the first time this year, the National Bureau of Statistics said Tuesday. In August, the total retail sales of consumer goods reached 3.36 trillion yuan (about...
Correction: Virus Outbreak-Business Travel storyBusiness travel might never look the same in the wake of the coronavirus By DEE-ANN DURBIN and DAVID KOENIG AP Business Writers November 12, 2020, 7:12 PM • 6 min read Share to Facebook Share to Twitter...
709,000 seek US jobless aid as pandemic escalatesThe number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing By CHRISTOPHER RUGABER AP Economics Writer November...
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