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BUSINESS

New Waves of Layoffs Hit America’s Mainstream Companies

In yet another sign that the economy is teetering on the brink of a recession that has a non-zero probability of turning into a depression, mainstream American companies are delivering
Waves of layoffs are crushing US mainstream companies

TikTok CEO Denies It Ever Shared User Data With the Chinese Regime

TikTok — the wildly popular video-sharing app that has taken the world by storm — has been the subject of controversy lately, with lawmakers accusing it of being a mouthpiece
State Governments Hosting TikTok Tracking Pixels On Websites, Researchers Find
27 US Government State websites are using TikTok and ByteDance's tracking pixels
Companies Using ‘Ghost Job’ Postings to Impress Robust Growth Amid Economic Downturn
Companies are using Ghost Jobs to recruit for jobs they aren't filling to make their situation seem better
Meet America’s Precursor to CBDCs Launching in July: The FedNow Service
FedNow Service launches in July, making the Fed the hub of an interbank settlement system complete with blacklisting.
Central Bank Digital Currency Transactions Will Double to $213 Billion by 2030: Research Firm
CBDC worldwide transaction volume is set to double by 2030.
Medical Education Being Supplanted by Leftist Ideological Indoctrination, Says Advocacy Group Chairman
Marxist ESG, DIE, and CRT principles are replacing traditional medical education warns a former Associate Dean
SWIFT Pushes Ahead With International Central Bank Digital Currency System
Evergrande Fails to Pay $83.5-Million Interest Payment
Chinese real estate giant, Evergrande, has failed to pay off its interest payments due on Sept. 23, deepening...
Last-minute Debt Deal Keeps Evergrande Afloat, but Crisis Is Far From Over
The Evergrande Group has struck a last minute deal to avoid defaulting on a bond payment worth an estimated...
The Chinese real estate group, Evergrande, is facing issues with debt repayments.
China’s Evergrande Conglomerate Reels Under Payment Issues, Threatening Chinese Economy
China’s real estate giant, Evergrande, is teetering on the brink of bankruptcy, unable to service its...
Evergrande Group Crisis Deepens; Protests Erupt Across China
Protests erupted across China over the weekend at numerous properties owned and operated by the Evergrande...
Pfizer to Make $2.3 Billion Deal to Acquire Trillium, Blood Cancer Drugmaker
On Monday, Pfizer Inc. announced it would buy Canadian drug developer Trillium Therapeutics Inc via a...
Beijing Eyeing Take Over of Ride Sharing App, Didi; Encourages State-owned Companies to Invest
The Chinese government is encouraging government-run firms to invest in the Chinese ride-hailing company...
Chinese Real Estate Giant Evergrande Teetering on the Brink of Bankruptcy
Evergrande, one of the world’s most indebted real estate developers, is reportedly so crippled with debt...
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Investors ‘Sell’ Chinese Tech Stocks as Beijing Continues Crackdown
The Chinese Communist Party’s crackdown on the country’s tech companies has wiped out a trillion dollars...
ByteDance headquarters, parent company of social influencing app TikTok, is seen in Beijing on September 16, 2020. Whistleblowers from TikTok’s U.S. offices told CNBC not only are they made to work double shifts for ByteDance on Beijing time, but China has access to all U.S. user data and uses the privilege readily.
Chinese State Firm Claims Stake in TikTok’s Sibling Company
In April, ByteDance, which owns TikTok, sold a one percent stake in its subsidiary company Beijing ByteDance...