Business & Finance News

President Trump signed an executive order that effectively sets a 45-day deadline for an American company to purchase the U.S. operations of TikTok, calling the popular app a national and economic security threat.30 minutes ago

Uber Technologies posted another big loss with little sign of recovery in its core ride-hailing business as the coronavirus pandemic drags on, though stay-at-home orders have fueled company’s food-delivery business.

Chinese companies with shares traded on U.S. stock exchanges would be forced to give up their listings unless they comply with American auditing requirements, under a Trump administration proposal.

Commodities giant Glencore reported a loss for the first half of the year and scrapped its dividend, as the coronavirus pandemic sapped demand and lowered prices and production at its mining division.

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