Senate Democrats ramp up pressure on Biden to delay TikTok ban
By David Shepardson WASHINGTON (Reuters) – A growing number of lawmakers are urging President Joe Biden to grant a reprieve to prevent TikTok from going dark in the United States as soon as Sunday, warning millions of creators and businesses could
US FTC refers complaint about Snapchat use of AI chatbot to Justice Department
WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc (NYSE:SNAP) that alleges its messaging app Snapchat used an artificial-intelligence chatbot that harmed young users. The consumer
BP cuts over 5% of workforce to reduce costs
By Ron Bousso LONDON (Reuters) -BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 employees and 3,000 contractor
Colonial Pipeline expects Line 1 to restart earlier-than-expected on Friday
(Reuters) – Colonial Pipeline has made progress in identifying the source of a leak on its main gasoline artery and estimates Line 1 will restart earlier-than-expected on Friday, the company said on Thursday. This post appeared first on investing.com
China expected to hit 2024 GDP target, but tariffs loom
By Kevin Yao BEIJING (Reuters) – China’s economy likely rebounded in the fourth quarter as several rounds of policy stimulus kicked in, enabling the government to largely meet its 2024 growth target, though the risk of new U.S. tariffs could hold