12:07 PM EDT, 03/21/2025 (MT Newswires) -- Oracle (ORCL) and US investors in TikTok parent ByteDance are working on a deal to assure President Donald Trump that the app operates independently of Chinese control, the Financial Times reported Friday. Under the plan, existing ByteDance investors, including General Atlantic, Susquehanna, KKR (KKR), and Coatue, aim to increase their stakes in a...

12:07 PM EDT, 03/21/2025 (MT Newswires) -- (Updates to include more details in the second paragraph onwards.) Boeing ( BA ) has won a multibillion dollar contract to design and build a fighter jet for the US Air Force, beating Lockheed Martin ( LMT ) , according to media reports Friday. The fighter jet is set to be named Next...

DETROIT (Reuters) - Jeep-maker Stellantis ( STLA ) is offering a new round of buyouts for some of its factory workers as the automaker looks to cut costs following a difficult 2024. The automaker on Friday confirmed that it is offering voluntary buyouts to some workers at facilities in Detroit, Ohio and Illinois. Stellantis ( STLA ) continues to review...

March 21 (Reuters) - The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping launder more than $7 billion for North Korean and other cyber hackers. The Treasury Department's Office of Foreign Assets Control blacklisted Tornado Cash in 2022 after concluding it...