 | | | | 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. | | | | | | Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world's most valuable automaker in the space of 16 years. | | | | | | Shares of Herman Miller soared 34% on Thursday after the office chair seller posted blowout quarterly results and joined an expanding list of companies reinstating their dividends as they become more confident about recovering from the coronavirus. | | | | | | China's ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the White House, people familiar with the matter said on Thursday. | | | | | | 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. | | | | | | Oil prices rose more than 2% on Thursday, turning positive as OPEC and its allies said the producer group would crack down on countries that failed to comply with output cuts and planned to hold an extraordinary meeting in October if oil markets weaken further. | | | | | | China's ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should their proposed deal be cleared by the White House, people familiar with the matter said on Thursday. | | | | | | Global equity markets slid and the dollar eased on Thursday after the Federal Reserve reminded investors of an economy whose poor health was reinforced by data showing persistently high claims for U.S. unemployment benefits. | | | | | | U.S. stocks dropped more than 1% on Thursday as technology-related shares extended a recent decline and as data showed high levels of weekly jobless claims. | | | | | | In a week when leading forecasters boosted their view of the U.S. economic recovery, data on retail store traffic, small business hiring and other high-frequency indicators largely worsened, signaling a potential decoupling in which growth presses ahead while the job market slows to a painful crawl. | | | | | |
