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19848 articles published since 08 Mar 2022

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Montana becomes first US state to ban TikTok
Montana becomes first US state to ban TikTok
Business and Economy

Montana on Wednesday became the first US state to ban TikTok, with the law set to take effect next year as debate escalates over the impact and security of the popular video app. The ban will take effect in 2024, but be voided if TikTok is acquired by a company incorporated in a country not designated by the United States as a foreign adversary, the law read.

Theranos founder Holmes ordered to prison, pay victims
Theranos founder Holmes ordered to prison, pay victims
Business and Economy

Fallen US biotech star Elizabeth Holmes must begin serving prison time after a judge denied her latest request to remain free while appealing her fraud conviction. She was scheduled to begin doing time behind bars in late April, but her lawyers lodged a last-minute appeal on procedural issues after an earlier attempt was denied.

Biden says confident in reaching deal to avert default
Biden says confident in reaching deal to avert default
Business and Economy

President Joe Biden said Wednesday he was confident about reaching a deal with Republican leaders to avert a potentially catastrophic US debt default as early as June 1. The United States could begin defaulting on its debts "potentially as early as June 1," Treasury Secretary Janet Yellen said Monday, while the nonpartisan Congressional Budget Office has forecast June 15.

Biden says 'confident' in reaching deal to avert default
Biden says 'confident' in reaching deal to avert default
Business and Economy

President Joe Biden said Wednesday he is confident a deal can be reached with Republicans leaders to avert a potentially catastrophic US debt default as early as June 1. "The leaders have all agreed we will not default," Biden said in brief remarks at the White House, shortly before departing for the G7 meeting of world leaders in Japan.

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