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China's new tech export controls could give Beijing a say in TikTok sale
Category:
  • Business

China’s new tech export controls could give Beijing a say in TikTok sale

China’s new rules around tech exports mean ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the forced and Continue Reading

Posted On : August 30, 2020 Published By : Samuel Hypes
Operator of Trump International Hotel in Vancouver files for bankruptcy
Category:
  • Business

Operator of Trump International Hotel in Vancouver files for bankruptcy

VANCOUVER (Reuters) – The company that operates the Trump International Hotel in Vancouver said on Friday it has filed for bankruptcy, blaming the coronavirus pandemic for lost revenue and financial Continue Reading

Posted On : August 29, 2020 Published By : Samuel Hypes
Hertz seeks up to $1.5 billion in bankruptcy loan
Category:
  • Business

Hertz seeks up to $1.5 billion in bankruptcy loan

Hertz Global Holdings Inc. is on the hunt for a bankruptcy loan totaling as much as $1.5 billion after regulators blocked the rental car company from pursuing a sale of Continue Reading

Posted On : August 28, 2020 Published By : Samuel Hypes
Walmart is teaming up with Microsoft on TikTok bid
Category:
  • Business

Walmart is teaming up with Microsoft on TikTok bid

Walmart said it’s teaming up with Microsoft in a bid for TikTok. The retail giant confirmed to CNBC that it’s interested in buying the popular short-form video application. Walmart shares are up 5% Continue Reading

Posted On : August 27, 2020 Published By : Samuel Hypes
NY's MTA seeks $12B federal bailout amid public transit's revenue struggles across US
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  • Business

NY’s MTA seeks $12B federal bailout amid public transit’s revenue struggles across US

New York state’s Metropolitan Transportation Authority (MTA), the largest public transit system in North America, says it needs a $12 billion bailout from the federal government in order to withstand the worst financial crisis Continue Reading

Posted On : August 27, 2020 Published By : Samuel Hypes
Dick's Sporting Goods delivers record sales in coronavirus home-fitness boom
Category:
  • Business

Dick’s Sporting Goods delivers record sales in coronavirus home-fitness boom

Dick’s Sporting Goods Inc. reported record earnings and sales in the three months through June amid strong demand for health and fitness products as customers sheltered at home during the COVID-19 pandemic. The Coraopolis, Continue Reading

Posted On : August 26, 2020 Published By : Samuel Hypes

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