Business News

Supreme Court appears inclined to uphold TikTok ban in US

U.S., Chinese flags, TikTok logo and gavel are seen in this illustration taken Jan. 8, 2025. WASHINGTON (Reuters) — The Supreme Court seemed inclined on Friday to uphold a law that would force a sale or ban the popular short-video app TikTok in the United States by Jan. 19, with the justices focusi…
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Buoyant dollar keeps pound, euro and yen under pressure

SINGAPORE (Reuters) — The U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat of tariffs. The focus for markets in 2025 has been on President-elect Donald Trump’s policies…
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Washington Post to lay off 4% of staff to cut costs

The newspaper’s banner logo is seen during the grand opening of the Washington Post newsroom in Washington, Jan. 28, 2016.  (Reuters) — The Washington Post said on Tuesday it would lay off about 4% of its workforce or less than 100 employees in a bid to cut costs, as the storied newspaper gra…
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Wall Street ends lower, capping a banner year

A street sign is seen outside New York Stock Exchange in New York City, New York, Jan. 3, 2019. NEW YORK (Reuters) — Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin engines …
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Jeju Air shares plummet to record low after deadly plane crash

People stand as the wreckage of an aircraft lying on the ground after it went off the runway and crashed at Muan International Airport is pictured, in Muan, South Korea, Dec. 30, 2024. SEOUL (Reuters) — Shares of South Korean budget carrier Jeju Air hit their lowest on record on Monday, after the d…
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Trump asks Supreme Court to pause law that could ban TikTok

The TikTok logo is pictured outside the company’s U.S. head office in Culver City, California, Sept. 15, 2020. WASHINGTON (Reuters) — President-elect Donald Trump has urged the U.S. Supreme Court to pause implementation of a law that would ban popular social media app TikTok or force its sale…
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