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Business

Pentagon Designates Chinese Social Media Giant as National Security Threat

TDB Editor -
Tencent Shares Drop 10% After Military Company Designation; Chinese battery manufacturer CATL Also Added to Blacklist. The Pentagon on Monday labeled Tencent, the Chinese social...
Business

US Steel Acquisition Awaits Biden’s Decision After Panel Stalemate

TDB Editor -
A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for...
Business

TikTok’s Fate in Question: Billionaire Frank McCourt Eyes a Potential Purchase

TDB Editor -
With less than one month until TikTok could be banned in the United States, a billionaire is tossing his hat into the ring as...
Business

Retail Sales Climb Last Month, Signaling Strong Economic Momentum in the US

TDB Editor -
Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday...
Business

Apple and Google Ordered by House Panel to Ready TikTok Ban Next Month

TDB Editor -
House Committee members are urging the top executives of Apple and Google to be prepared to comply with a law that could result in...
Business

TikTok Warns U.S. Ban Could Cost Small Businesses and Creators $1.3 Billion in a Month

TDB Editor -
TikTok warned that U.S. small businesses and social media creators would lose $1.3 billion in revenue and earnings in just one month if the...
Business

Venture Capitalist David Sacks Tapped for Trump Administration

TDB Editor -
A venture capitalist who was a vocal supporter of Donald Trump during the campaign — and a critic of U.S. support for Ukraine —...
Business

China’s Chip Industry Faces New Hurdles as US Announces Restrictions

TDB Editor -
The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip...
Business

Asian Markets Climb Following Wall Street Gains; Dollar Strengthens

TDB Editor -
Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the dollar bounced back from multiweek lows against the yen...
Business

DOW Surges 400 Points to A Record Close, while RUSSELL 2000 Hits a New High Amid Investor Optimism Over Trump’s Treasury Pick

TDB Editor -
A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors...
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