U.S. Stops Granting Export Licenses For China's Huawei - Sources

U.S. Stops Granting Export Licenses For China’s Huawei – Sources

By Karen Freifeld, Alexandra Alper and Stephen Nellis (Reuters) -The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but officials in the U.S….

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TikTok CEO To Testify Before U.S. Congress Over Security Concerns

TikTok CEO To Testify Before U.S. Congress Over Security Concerns

By David Shepardson WASHINGTON (Reuters) -TikTok Chief Executive Shou Zi Chew will appear before the U.S. Energy and Commerce Committee in March, as lawmakers scrutinize the Chinese-owned video-sharing app. Chew will testify before the committee on March 23, which will be his first appearance before a congressional committee, said Representative Cathy McMorris Rodgers, the Republican…

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United Airlines Technicians Vote To Ratify New Contract

United Airlines Technicians Vote To Ratify New Contract

(Reuters) -United Airlines Holdings Inc technicians ratified a two-year contract with the carrier that includes 16% to 23% wage increases, their union said on Monday. International Brotherhood of Teamsters, representing around 8,200 United Airlines technicians said the two-year contract would provide for improved job security by adding five heavy maintenance lines in-house. The agreement, which…

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