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Business and Economic News

Trump says he’ll keep extending TikTok shutdown deadline

Trump says he’ll keep extending TikTok shutdown deadline

President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company “highly overrated” and said Friday he'll keep extending the deadline for the popular video-sharing platform until there's a buyer.
by The Associated Press

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Newspapers are rescued from closure in Wyoming and South Dakota as buyers swoop in

Newspapers are rescued from closure in Wyoming and South Dakota as buyers swoop in

A dozen newspapers in Wyoming and South Dakota are set to publish again after buyers stepped in to keep the communities from becoming news deserts where little or no local media remains.
by The Associated Press

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Target’s COO will lead the struggling retailer when CEO Brian Cornell steps down in February

Target’s COO will lead the struggling retailer when CEO Brian Cornell steps down in February

Target CEO Brian Cornell plans to step down Feb. 1. He helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape.
by The Associated Press

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Conservative network Newsmax agrees to pay $67M in defamation case over 2020 election claims

Conservative network Newsmax agrees to pay $67M in defamation case over 2020 election claims

The conservative network Newsmax has agreed to pay $67 million to settle a lawsuit accusing it of defaming a voting equipment company by spreading lies about President Donald Trump’s 2020 election loss.
by The Associated Press

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'Can't stop. Won't stop': Documentary filmmakers face federal funding shortfall

'Can't stop. Won't stop': Documentary filmmakers face federal funding shortfall

PBS has been a home for independent documentaries for more than 50 years. But with the closure of the Corporation for Public Broadcasting, nonfiction storytellers have to figure out a way forward.
by Chloe Veltman

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