China considers selling TikTok U.S. operations to Musk, Bloomberg reports
Read more at CNBC
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Will China Let Elon Musk Buy TikTok?
As the popular video app faces a ban in the United States, Chinese officials are said to be weighing options to save it — including a sale to the tech mogul.The New York Times - 9h -
China Officials Discuss Option of TikTok Sale to Elon Musk
Beijing officials preparing options for after Donald Trump’s inauguration have examined possible openness to a deal for TikTok’s U.S. operations with the owner of X.The Wall Street Journal - 16h -
China discussing using Musk as broker in TikTok deal
Officials consider involving billionaire confidant of Donald Trump in effort to save video app from US banFinancial Times - 6h -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - 3d -
The Supreme Court is considering a possible TikTok ban. Here's what to know
The law that could ban TikTok is coming before the Supreme CourtABC News - 4d -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - 4d -
A Fashion Reporter Considers the Ways Trends Trickle Down
Jacob Gallagher, who covers men’s style for The Times, writes about teddy bear jeans, papal robes and all the fashion moments in between.The New York Times - 6d -
China’s Zhangzhou nuclear plant Unit 1 begins commercial operations
Yahoo News - Jan. 2 -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1
More from CNBC
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Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 4h -
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firmCNBC - 30m -
Budget deficit rose in December and is now 40% higher than it was a year ago
For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a year prior.CNBC - 2h -
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.CNBC - 27m -
Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue
President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.CNBC - 33m
More in Business
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Bond ETFs are down in 2025 ahead of highly anticipated U.S. inflation data
The U.S. bond market is broadly down so far this year, with funds that provide exposure to fixed-income assets hurt by a recent rapid ascent in Treasury yields.MarketWatch - 12m -
Bond ETFs are down in 2025 ahead of highly anticipated U.S. inflation data
The U.S. bond market is broadly down so far this year, with funds that provide exposure to fixed-income assets hurt by a recent rapid ascent in Treasury yields.MarketWatch - 12m -
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.CNBC - 17m -
This Founder Is Hustling to Turn LA’s Swimming Pools Into Fire Hydrants
As demand triples, Brushfire Battle Systems is scrambling to fill orders.Inc. - 20m -
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