Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Posted inCompany Reports Consumer Behavior Consumer Price Index Coronavirus (2019-nCoV) Corporations Federal Reserve System High Net Worth Individuals Inflation (Economics) Interest Rates McDonald's Corporation Pepsico Inc Prices (Fares, Fees and Rates) Producer Price Index Standard & Poor's 500-Stock Index Stocks and Bonds Supply Chain United States Economy

Companies Push Prices Higher, Protecting Profits but Adding to Inflation

Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
Ex-ByteDance Executive Accuses TikTok Parent Company of ‘Lawlessness’
Posted inBeijing Bytedance Technology Co Ltd Computers and the Internet Corporations Data Storage Douyin (ByteDance) Mobile Applications Social Media Suits and Litigation (Civil) TikTok (ByteDance)

Ex-ByteDance Executive Accuses TikTok Parent Company of ‘Lawlessness’

The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content from rivals and “supreme access” by the Chinese Communist Party.