Amid Lawsuit, China’s Tencent to Review Kids’ Use of WeChat
China’s biggest gaming company, Tencent, says it will review whether it adequately limits children’s access to live streaming and other features.
China’s biggest gaming company, Tencent, says it will review whether it adequately limits children’s access to live streaming and other features.
China’s largest e-commerce company, Alibaba, said it’s working with police to investigate alleged sexual misconduct at the company, after a female employee reported that she was sexually assaulted.
The president of the Federal Reserve Bank of Boston added his voice to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.
Warren Buffett’s Berkshire Hathaway company reported a 7% gain in profit for the second quarter as the conglomerate saw improvements in its railroad, utilities and energy companies.
Sanderson Farms, the nation’s third largest poultry producer, is being acquired for $4.53 billion as the price of chicken soars.
Senate Democrats released a budget resolution Monday that maps $3.5 trillion in spending boosts and tax breaks aimed at strengthening social and environmental programs.
U.S. employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncng back briskly from last year’s coronavirus shutdowns.
Starting Monday, Amazon will requiring all of its 900,000 U.S. warehouse workers to wear masks indoors, regardless of their vaccination status.
The Bank of England has kept its main interest rate unchanged at the record low of 0.1% and says it expects the British economy to reach its pre-pandemic level by the end of the year.
The U.S. trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging.