TikTok and its US employees set to sue Trump administration over ban

TikTok and its US employees are planning to take President Trump’s administration to court over his sweeping order to ban the popular video app, according to a lawyer preparing one of the lawsuits. The employees’ legal challenge to Trump’s executive order will be separate from a pending lawsuit from the company that owns the app, though both will argue that […]

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Will Smith’s company settles suit over biopic on Serena, Venus Williams’ father

Will Smith’s movie-production company and Warner Bros. have ended a legal battle that threatened the release of their “King Richard” biopic about Richard Williams, the father of tennis powerhouses Venus and Serena Williams. A multimillion dollar breach of contract lawsuit alleged that Richard Williams cut a deal to be portrayed by Smith in the upcoming biopic “King Richard” after he’d […]

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Considering a personal loan during coronavirus? 5 questions to ask

What you need to know before you seek out a personal loan for financial help. (iStock) The pandemic has created financial hardship for many. If you’re among them, you’re probably waiting for the government’s decision on a second stimulus package. Until then, there are bills to pay. A personal loan from a bank or credit union could tide you over […]

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Tim Cook is a billionaire after Apple stock jumps

Apple CEO Tim Cook became a billionaire this month, after nine years at the helm of the world’s most valuable company. The 59-year-old executive’s net worth passed the $1 billion mark thanks to a nearly 5 percent jump in Apple’s stock price last week that put its market value near $2 trillion, according to an analysis by Bloomberg’s Billionaires Index. […]

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Dollar Tree Stock Set for Double-Digit Price Swing

Shares of Dollar Tree, Inc. (DLTR), the discount retail store, are set to break out by more than 10% in the coming weeks. The question is which direction the upcoming move will send the stock. Based on the price chart for Dollar Tree, we have an idea of what to expect, including price targets to keep an eye on. That's […]

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Stock Alert: Reata Pharmaceuticals Tanks 30% As Rare Genetic Disease Drug In Limbo

Shares of Reata Pharmaceuticals Inc. (RETA) tanked nearly 30% on Monday morning after the drug maker’s Omaveloxoloneon, a drug being developed to treat a rare neurodegenerative disorder, hit a roadblock. RETA is currently trading at $109.54, down $46.65 or 29.87%, on the Nasdaq. In October 2019, the company announced positive results from Phase 2 trial of Omaveloxoloneon for Friedreich’s Ataxia, […]

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What a Trump payroll tax deferral would actually mean for your wallet

Trump announces plans to extend unemployment benefits, payroll tax cut to the end of 2020 President Donald Trump provides an update on his administration’s coronavirus response and the economy. President Trump on Saturday signed four executive actions as an attempt to sidestep Congress – deadlocked in negotiations over another coronavirus aid package – and provide relief to American workers and businesses still reeling […]

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Saudi Aramco's profit plunges, sees signs of oil market recovery

Apache oil stock will soar if Trump wins election: Todd Horowitz The Bubba Trading Show’s Todd ‘Bubba’ Horowitz shares his stock market picks. DUBAI – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil […]

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US employers hire 1.8M despite new COVID-19 shutdowns

Coronavirus pandemic forcing another company to cut jobs Fox Business Briefs: L Brands is planning to lay off about 15 percent of its corporate employees, approximately 850 people. The U.S. economy added 1.8 million jobs in July even as a wave of new coronavirus cases forced most states to pause or reverse their reopenings. Continue Reading Below The payroll increase reported Friday by […]

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Facebook gives employees $1,000 as it extends remote work to July 2021

It’s looking like Big Tech isn’t going back to the office any time soon. Facebook this week announced that it will allow its employees to work from home until next July, following in the footsteps of Google, which has also told workers to stay home until summer 2021. The social networking giant will also give employees $1,000 to expense on […]

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