Former President Trump stunned Republican China hawks this week when he appeared to argue against banning TikTok, the juggernaut video app owned by Beijing-based Bytedance and beloved by young Americans.
Why it matters: Trump spearheaded the original U.S. threat to ban TikTok over national security concerns. Four years later, President Biden and Congress have picked up the mantle — with a bipartisan bill targeting Bytedance set to hit the House floor next week.
If the last few years have taught us anything about electric vehicles, it's that they're easy to design but hard to manufacture at scale — and even harder to do so profitably.
Why it matters: Rivian revealed three additional new vehicles on Thursday, but like many other EV makers before it, the company is still burning cash at a breathtaking pace.
General Motors has resumed selling its electric Chevrolet Blazer and lowered the price after fixing buggy software that forced the automaker to suspend sales last December.
Why it matters: The Blazer EV "stop-sale" order, along with software problems affecting other models, had marred the critical launch of GM's new family of electric vehicles (EVs).
A spate of aviation incidents over the past few days is raising fresh safety concerns in the wake of January's near-catastrophe involving a Boeing 737 MAX.
Why it matters: Many travelers are on edge heading into the busy summer air travel season.
Put the pencil sharpeners away. The SAT is going digital starting Saturday.
Why it matters: Standardized testing is already losing relevance for college admissions. These changes make the most popular entrance exam shorter, easier to administer and offer more flexibility for students who opt to take it.
Tulane University's 36th annual gathering of corporate attorneys and M&A advisers featured French Quarter fun, 90-minute panel sessions, and debates on where the deal market and shareholder activism are headed in 2024.
Why it matters: The conference lays out key takeaways and insights into the state of the corporate finance world and offers a direction into the flow of consolidation, fundraising and proxy fights.
The Securities and Exchange Commission's adoption of climate risk disclosure rules comes as an ecosystem of risk analysis has begun to coalesce across the business and climate sectors.
Why it matters: Companies, nonprofits and agencies providing climate risk data are allowing firms to assess environmental-related issues that impact the bottom line.
