Latest in TikTok is still running. Companies helping it could face $850 billion hit.
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TikTok is still running. Companies helping it could face $850 billion hit.
While TikTok is operating for existing U.S. users thanks to an executive order signed Monday night by President Donald Trump, analysts are warning that his order doesn’t look all that solid.MarketWatch - 9h -
TikTok Got a Reprieve, but Americans and Chinese Are Still on RedNote
The Chinese social media app, popular in the United States a week after being flooded by TikTok users, has added language translation features.The New York Times - 1d -
Trump faces TikTok backlash
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Trump, China hawks at odds over TikTok ban President Trump’s plan to save TikTok is putting him at a ...The Hill - 10h -
Blues Hit Home Run Trading For Red-Hot Defender
This trade has been an early success for the Blues.Yahoo Sports - 14h -
Leaders around the world react as Trump hits the ground running
The world reacts as President Trump moves to pull the U.S. out of the WHO and the Paris Climate Accords on Day 1 of his second term.CBS News - 14h -
TikTok can still save itself — here's how
What comes next? The law is clear: The only way forward for TikTok is a “qualified divestiture.”The Hill - 14h -
This wind power company just took a $1.7 billion write-down — and that excludes Trump executive order impact
Shares of Orsted fell as much as 18% after announcing a 12.1 billion Danish kroner ($1.7 billion) write-down that the Danish wind power company said didn’t include the impact of an executive order ...MarketWatch - 22h -
12:30 Report — Trump hits the ground running
{beacon} 12:30 REPORT Welcome to Inauguration Day, with ceremonies at the U.S. Capitol underway indoors amid absolutely frigid weather in Washington. In today's issue: Trump swearing in, ...The Hill - 1d -
Trump Front-Runs Inauguration With $30 Billion Cryptocurrency Launch
The token TRUMP saw bigger gains in four hours than the S&P 500 has in three decades.Inc. - 3d -
Even Before TikTok’s Troubles, Chinese Companies Were Wary of Washington
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.The New York Times - 3d -
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.The New York Times - 4d -
Biden administration has no plans to fine companies if TikTok ban goes into effect
The Biden administration does not plan to levy billions of dollars in fines against companies that allow access to TikTok in the U.S.NBC News - 5d -
How a Company Makes Millions Off a Hospital Program Meant to Help the Poor
A private business has helped supercharge a controversial federal drug program. Patients and insurers have been left with big bills.The New York Times - 5d -
"TikTok refugees" are flocking to RedNote. Could it face the same fate?
With the U.S. ban on TikTok looming, many Americans are opting for another Chinese app known as RedNote. It could be short-lived.CBS News - 5d -
TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.CNBC - 6d -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - Jan. 13 -
New AI tool for fighting health insurance denials could save hospitals billions, and help patients
Waystar announced a new generative AI feature that aims to help hospitals quickly fight insurance denials.CNBC - Jan. 13 -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - Jan. 13 -
These companies are pledging millions in funds, supplies to help LA fire victims
Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.ABC News - Jan. 11 -
TikTok ban goes before Supreme Court. Here’s where the app’s $10 billion in ad revenue could go if it dies.
The end of TikTok in the U.S. could mean a sizeable boost for its publicly traded American competitors.MarketWatch - Jan. 11 -
Notre Dame could have 'gone sideways,' instead it's still fighting
Notre Dame suffered a stunning defeat, yet somehow has bounced back to play for a national title.ESPN - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
On the Run, a Hit Man Gives One Last Confession
Edgar Matobato says he killed again and again for former President Rodrigo Duterte of the Philippines. Now he’s trying to stay alive to testify.The New York Times - Jan. 6 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Chelsea's winless run hits 4 as Palace score late
Crystal Palace scored a late equaliser to leave Chelsea winless in four Premier League games as Jean-Philippe Mateta struck in the 82nd minute to cancel out Cole Palmer's first-half opener.ESPN - Jan. 5 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2