Factbox-Why does the US want to ban TikTok? The allegations against it
WASHINGTON (Reuters) – Montana Governor Greg Gianforte on Wednesday signed legislation to ban Chinese-owned TikTok from operating in the state…
Business
Tyre-makers under pressure as too much rubber hits the road
By Nick Carey and Barbara Lewis LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent the wheel as…
Target sets cautious tone as US consumers turn thrifty
By Aishwarya Venugopal and Ananya Mariam Rajesh (Reuters) -Target Corp on Wednesday forecast a grim second quarter as consumers shun…
Netflix ad tier has nearly 5 million monthly active users
By Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc’s recently launched ad-supported tier reaches nearly 5 million active users per month,…
Fatal blaze at Texas refinery to result in lawsuits against Marathon
By Erwin Seba HOUSTON (Reuters) – Attorneys representing the family of a worker who was killed in a fire at…
Wall St rallies on debt ceiling optimism, regional bank rise
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose sharply on Wednesday, fueled by optimism over a potential deal…
Fed’s watchdog defends work before Senate amid questions over his independence
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s in-house watchdog defended his agency’s independence and ability to…
Charles Schwab to raise $2.5 billion in long-term debt – WSJ
(Reuters) – Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on…
Take-Two gains on gaming demand rebound, title delivery forecast
By Tiyashi Datta (Reuters) -Take-Two Interactive Software Inc on Wednesday beat analyst estimates for quarterly adjusted sales on strong demand…
Cisco’s orders hit by sluggish demand, shares fall
By Richard Francis (Reuters) -Cisco Systems Inc said on Wednesday a large backlog of products due to supply chain constraints…