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BUSINESS

TikTok Sues to Overturn US Law Forcing Divestment From ByteDance

In the latest chapter of ongoing tensions between TikTok and the U.S. government, the wildly popular social media platform has filed a lawsuit against the latter. The legal action comes

How NYC’s Business Improvement Districts Are Helping Small Businesses Thrive

NEW YORK, New York  — In a major boost to local economies, Small Business Services Commissioner Kevin D. Kim sat down with Vision Times on May 6 to talk about
Oil Prices Set for Steepest Weekly Drop in Three Months
Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. (Image: Screenshot / REUTERS)
Blinken in China: Calls for ‘Level Playing Field,’ Resolution Over Trade Disputes
Innovation, Sustainability Shine at Natural Products Expo in California
Biden Proposes Tripling Tariffs on Chinese Steel, Aluminum to Counter Beijing’s Product Dumping
China’s Overseas Product Dumping: Addressing Unfair Competition Caused by Systemic Differences
TikTok Surges in Vietnam Despite Increased Regulatory Pressures
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FDA Weighs Endorsing a Johnson & Johnson Booster Shot
On Oct. 13, U.S. drug regulators said a second shot of Johnson & Johnson’s single-shot COVID-19 vaccine...
Southwest Airlines Cancels More Than 1800 Flights; Blames Air Traffic Control Issues, Weather
Since Friday, Southwest Airlines has canceled more than 1800 flights, igniting speculation about a massive...
A contact tracing QR code is seen at the entrance of a restaurant in Sydney on July 13, 2021. Rashays, a 27-location chain based in Sydney, says it will not reopen its doors when the New South Wales government relaxes restrictions on Oct. 1. Instead, Rashays will wait until Dec. 1 when vaccine passports are scheduled to be scrapped entirely. Co-founder Rami Ykmour said his company expects to lose $10 million during the delay, but feels the sacrifice is worth it for their business values.
Australian Restaurant Chain Expects to Lose $10 Million to Postpone Reopening Until ‘It’s a One-tier
A 27-location restaurant chain in Australia’s New South Wales (NSW) state will remain closed after the...
The headquarters of Merck in Darmstadt on November 22, 2019 in Germany. Merck’s antiviral COVID-19 pill, molnupiravir, was developed with $35 million in NIH and NIAID taxpayer funding at Emory University. Now, Merck is selling it back to the government at 35 times the cost of its generic counterpart.
The NIAID and NIH Financed Development of Merck’s COVID Pill, Now They’re Selling to Taxpayers at 3,500%
Merck’s recently announced pill-based antiviral treatment for COVID-19 was researched and developed at...
Made-in-China Passenger Jet Comes With 40 Percent Foreign Components
The Commercial Aircraft Corp of China (COMAC) is set to deliver its first large passenger jet, the C919...
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China’s Evergrande Crisis Could Lead to a Massive Domino Effect in Real Estate
Commentary by Cheng Xiaonong An overarching illusion about China's prosperity concerns the "construction...
Tattoos for Tacos: Mexican Restaurant’s Free Meal Deal for Permanent Wearers of Their Logo
While there is no such thing as a free lunch, exceptions to the rule may apply. One small San Francisco...
Chinese Manufacturing Sector Weakens, Power Crisis Remains a Major Threat to Factory Output
China was said to have made a strong economic recovery following the damage unleashed by the COVID-19...
Hundreds of Chinese Companies Might Soon be Delisted From American Stock Exchanges
Chinese firms have long secured funding from American capital markets without proper checks and balances...