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Chinese Apps Could Face Subpoenas Or Bans Under Biden Order: Report

Biden’s June 9 order replaced Donald Trump’s 2020 bans against the popular Chinese apps. President Joe Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the U.S. market, according to people familiar with the matter. The […]


Antitrust probe: Flipkart, Amazon challenge court order on antitrust probe | India Business News

NEW DELHI: Walmart Inc’s Flipkart and Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters. The Competition Commission of India (CCI) launched an investigation in January last year after a complaint accused Flipkart and Amazon of promoting […]


Walmart’s Flipkart challenges high court order on antitrust probe: Report

NEW DELHI: Walmart’s Flipkart has filed a legal challenge against an Indian court’s decision to allow an antitrust probe to restart, sources with direct knowledge told Reuters on Thursday. Flipkart urged the court in Karnataka to quash the antitrust watchdog’s order of investigation against the company, the sources said. The Competition Commission of India (CCI) […]


Biden Revokes and Replaces Trump Order That Banned TikTok

TikTok’s woes subsided with Mr. Trump’s election defeat. Though the company is still under scrutiny with the Biden administration’s new executive order, analysts say the dramatic ups and downs for the company will significantly dwindle. Updated  June 9, 2021, 7:03 p.m. ET James Lewis, a senior vice president of the Center for Strategic and International […]

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China Has Ability to Try to Disturb Rules-based Order US, Its Allies Strongly Defend: Blinken

China is the single nation that militarily, economically, diplomatically and politically has the ability to try to disturb the rules-based order that the United States, its friends and allies strongly defend, US Secretary of State Tony Blinken has said. He also said that China is both the most consequential and most complicated relationship the US […]


Franklin Templeton disagrees with Sebi order; to move SAT

NEW DELHI: Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi’s order in the case of winding of six debt schemes in 2020 and has decided to challenge the direction in Securities Appellate Tribunal (SAT). Sebi, on Monday, barred Franklin Templeton Asset Management (India) from launching any new […]


Janet Yellen Helps Reshape the Global Tax Order

End of the beginning on a global tax deal The Group of 7 finance chiefs sealed what they called a “historic global tax agreement” at a summit meeting in Britain this weekend. It was a diplomatic victory in particular for Treasury Secretary Janet Yellen, who is leading the Biden administration’s push to collect trillions more […]


At Grocery Stores, It’s Hard Work Picking Your Online Order

AWM, in Aliso Viejo, Calif., offers retailers sophisticated overhead cameras that are able to track employees and customers as they walk around stores and recognize products, even down to Red Delicious versus Gala apples. Kevin Howard, its chief executive, said that the company could cut stores’ fulfillment costs by 60 percent through methods like flagging […]

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Biden Order to Ban Investment in 59 Chinese Defense and Tech Firms

The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said. The Treasury Department will enforce and update on a “rolling basis” the new ban list, which […]


Ben Roethlisberger felt taking pay cut was ‘necessary’ in order to help Pittsburgh Steelers sign top talent

PITTSBURGH — With the disappointment of a first-round playoff loss to the Cleveland Browns still fresh, Ben Roethlisberger made the immediate decision to return as the Pittsburgh Steelers quarterback for at least another season. To do that, though, he recognized that his $41.25 million cap hit was untenable, and he asked the front office for […]