financetom
Business
financetom
/
Business
/
Senators urge Biden to grant ByteDance 90-day reprieve from law requiring sale
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Senators urge Biden to grant ByteDance 90-day reprieve from law requiring sale
Dec 19, 2024 3:11 PM

WASHINGTON (Reuters) - Democratic Senator Ed Markey and Republican Senator Rand Paul on Thursday urged President Joe Biden to extend by 90 days a Jan. 19 deadline for China-based ByteDance to sell the U.S. assets of its short-video app TikTok or face a ban.

The Supreme Court said on Wednesday it will consider the legal challenge of TikTok and ByteDance, seeking an injunction to halt the looming ban or sale and will hold arguments on the matter on Jan. 10. "Given the law's uncertain future and its consequences for free expression, we urge you to trigger the 90-day extension before January 19," the senators wrote Biden.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Vulcan To Acquire Wake Stone Corporation
BRIEF-Vulcan To Acquire Wake Stone Corporation
Oct 3, 2024
Sept 26 (Reuters) - Vulcan Materials Co ( VMC ): * VULCAN ANNOUNCES AGREEMENT TO ACQUIRE WAKE STONE CORPORATION Source text for Eikon: Further company coverage: ...
BRIEF-Ares Management Corporation To Acquire Walton Street Mexico
BRIEF-Ares Management Corporation To Acquire Walton Street Mexico
Oct 3, 2024
Sept 26 (Reuters) - Ares Management Corp ( ARES ): * ARES MANAGEMENT CORPORATION TO ACQUIRE WALTON STREET MEXICO * ARES MANAGEMENT CORP ( ARES ): AGREEMENT TO ACQUIRE 100% OF WALTON STREET CAPITAL MEXICO S. DE R.L. DE C.V. AND CERTAIN OF ITS AFFILIATES * ARES MANAGEMENT CORP ( ARES ) - TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO...
G III Apparel Group Insider Sold Shares Worth $5,189,524, According to a Recent SEC Filing
G III Apparel Group Insider Sold Shares Worth $5,189,524, According to a Recent SEC Filing
Oct 3, 2024
04:38 PM EDT, 09/26/2024 (MT Newswires) -- Morris Goldfarb, Director, CEO, on September 24, 2024, sold 167,014 shares in G III Apparel Group ( GIII ) for $5,189,524. Following the Form 4 filing with the SEC, Goldfarb has control over a total of 4,595,662 shares of the company, with 3,923,071 shares held directly and 672,591 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/821002/000112760224024496/xslF345X05/form4.xml...
Vulcan Materials to Buy Wake Stone
Vulcan Materials to Buy Wake Stone
Oct 3, 2024
04:37 PM EDT, 09/26/2024 (MT Newswires) -- Vulcan Materials ( VMC ) said Thursday it has agreed to buy Wake Stone, an pure-play construction aggregates supplier in the Carolinas. The deal is expected to close later this year, Vulcan said. Financial details weren't provided. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved