US investors, including Oracle Corp, are set to hold at least a 60 per cent stake in TikTok, a person briefed on the matter told Reuters.
TikTok, already under scrutiny over its Chinese ownership and threatened with a possible ban by U.S. President Donald Trump, is facing another major challenge: how to handle content around its first U.S. presidential election.
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to elderly patients.
Ford Motor Co said on Thursday it has begun production of the new generation F-150 pickup truck at its Dearborn, Michigan, facility, and expects the redesigned model to go on sale in November.
White House Chief of Staff Mark Meadows met with major airline chief executives on Thursday as the industry braces for thousands of job cuts in two weeks, and urged lawmakers to embrace a US$1.5 trillion coronavirus aid package proposed by a bipartisan congressional group and endorsed by President ......
LVMH said on Thursday it had asked a U.S. court to reject a request by U.S. jeweller Tiffany , which is seeking to fast-track legal proceedings over its troubled US$16 billion acquisition by the French luxury group.
Apple Inc's new paid online fitness class service, designed to work with its Apple Watch, was a long-planned extension of the watch's fitness features rather than a quick reaction to a pandemic that has closed many gyms, executives said in an interview.
Giving U.S. airlines US$25 billion in aid over the next six months could save more than 30,000 jobs, White House Chief of Staff Mark Meadows told reporters on Thursday after meeting with the companies' top executives, suggesting lawmakers approve a separate assistance package for the struggling ...
LVMH said on Thursday it had asked a U.S. court to reject a request by U.S. jeweller Tiffany , which is seeking to fast-track legal proceedings over its troubled US$16 billion acquisition by the French luxury group.
EV startup Rivian and Tesla co-founder J.B. Straubel-led Redwood Materials have been named among the first recipients of investments from Amazon.com Inc's US$2 billion Climate Pledge Fund, the e-commerce giant said on Thursday.
