Potential bidders are circling TikTok as many in Congress demand its split from its Chinese parent. But obstacles remain, starting with Beijing.
Category: internal-storyline-no
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TikTok Faces a Senate Showdown
A bill to potentially ban the video app breezed through the House, but its fate is less certain in the upper chamber as Big Tech weighs the wider implications.
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Fed Chair Powell Signals a Retreat on Banking Rules
The Fed chair said regulators could scale back or rework a sweeping capital-requirements proposal that Wall Street has been fighting for months.
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Inflation Fears Stalk Presidential Politics and the Markets
Lawmakers on Capitol Hill are set to grill Jay Powell, the Fed chair, about interest rates and the economy, topics that are top of mind for voters and investors alike.
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Is China’s Era of High Growth Over?
Beijing unveiled an annual economic target in line with last year’s, as it looks to refocus on strategically important sectors.
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LeBron James and Drake Invest in Professional Golf’s PGA Tour
The basketball star and rapper are investing in the professional golf competition, marking their latest push into sports.
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Boeing in Talks to Buy Spirit AeroSystems, a Struggling Supplier
Under pressure to improve safety, Boeing may reassume ownership of Spirit, which makes the bodies of the troubled 737 Max planes.
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Elon Musk’s Feud With OpenAI Goes to Court
The tech mogul wants to force the A.I. start-up to reveal its research to the public and prevent it from pursuing profits.
