The Chinese-owned company said it would cut off its services unless the U.S. assures Apple, Google and other companies that they would not be punished for hosting and distributing TikTok.
Category: Regulation and Deregulation of Industry
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Ahead of Trump Presidency, the Fed Quits Global Climate Network
Federal Reserve Bank officials said the decision to leave the network came after the group’s work had “increasingly broadened in scope.”
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RFK Jr. Sought to Stop Covid Vaccinations 6 Months After Rollout
Robert F. Kennedy Jr. petitioned the F.D.A. to revoke authorization of the shots at a time when they were in high demand and considered life-saving.
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What to Know About Plane Maintenance After the South Korean Crash
Airlines have been increasingly outsourcing repair and upkeep work to other countries, but experts and consumer groups disagree about its impact on safety.
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Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.
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Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.
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What to Know About the E.V. Tax Credit That Trump Might Repeal
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.
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FDA Bans Red Dye 3 in Foods, Linking It to Cancer in Rats
Consumer and food safety groups have long urged the agency to revoke the use of this dye and others. The F.D.A. says there still is no evidence it is a human carcinogenic.
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FDA Moves Forward With Last-Minute Push to Cut Nicotine Levels in Cigarettes
In the final days of the Biden administration, the F.D.A. is moving ahead with a proposal to require companies to produce a less addictive product for traditional smokers.
