Another judge blocks Trump’s TikTok ban; app still in limbo
The Trump administration has alleged that TikTok is a security threat because the Chinese government could spy on app users’ personal data.
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U.S. trade policies likely to soften after Biden becomes president
The incoming administration is widely expected to embrace a more multinational approach to U.S. trade policy, moving away from the “America first” strategy embraced by President Trump.
Judge throws out Trump rules limiting skilled-worker visas
A federal judge on Tuesday struck down two Trump administration rules designed to drastically curtail the number of H-1B visas issued each year to skilled foreign workers.
TikTok asks court to intervene as Trump order looms
TikTok’s Chinese owner, ByteDance, has until Thursday to sell off its U.S. operations under an executive order that Trump signed in August.
Global watchdog proposes tax overhaul for Big Tech
If countries don’t all agree on the new tax rules, the Organization for Economic Cooperation and Development warned there’s a risk of a global trade war triggered by individual countries launching their own digital services taxes to help their recovery from the pandemic.
Software firm Emarsys acquired by German firm
Emarsys, a marketing software company based in Austria, has its North American headquarters in Indianapolis.
Judge blocks TikTok ban in 2nd ruling against U.S. effort to curb popular Chinese apps
During a rare Sunday hearing, the judge questioned whether TikTok had been given enough opportunity to defend itself before President Donald Trump issued an executive order last month barring the app from online stores.
Judge agrees to delay U.S. government restrictions on WeChat
WeChat has millions of U.S. users who rely on the app to stay in touch and conduct business with people and companies in China and around the world.
United States bans WeChat, TikTok, citing national security
The government said its order, previously announced by President Donald Trump in August, will “combat China’s malicious collection of American citizens’ personal data.”
U.S. tariffs on China ruled to be illegal by World Trade Organization
In its decision, the WTO ruled against the administration’s argument that China has engaged in practices harmful to U.S. interests, on issues including intellectual property theft, technology transfer and innovation.
U.S. trade deficit surges to highest level in 12 years
The increase was driven by a record 10.9% increase in imports. Exports were also up, but by a smaller 8.1%.
Virus surge makes U.S. weaker link in global economic recovery
The United States’ inability to get the pandemic under control and its ongoing political battle over a new aid package is casting doubt on its economic prospects and making it one of the chief risks to a global rebound, some economists say.
Direct foreign investment in Indiana now a key economic driver
After decades of skepticism, pretty much every Indiana political entity, from small towns to the Governor’s Office, strives to persuade overseas businesses to launch operations in the state,
Microsoft confirms talks seeking to buy U.S. arm of TikTok
Microsoft confirmed Sunday it has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition.
Trade, technology, security at risk in rising U.S.-China feud
If talks on ending the dispute fail, the world could face downward pressure on trade at a time when the global economy is already reeling from the pandemic.
Trump administration rescinds pandemic rule on foreign students
Facing eight federal lawsuits and opposition from hundreds of universities, the administration called off a rule that would have required international students to transfer or leave the country if their schools held classes entirely online because of the pandemic.
More than 200 schools back lawsuit over foreign student rule
The lawsuit challenges a recently announced directive saying international students cannot stay in the United States if they take all their classes online this fall.
China deal ‘fully intact,’ Trump says after adviser roils markets
U.S. futures swung wildly as the remarks caused concern that the deal signed in January, which paused the trade war between world’s two largest economies, was in jeopardy.
Trump orders limits on foreign workers, extends immigration restrictions
The freeze announced Monday will apply to the H1-B visa category for highly skilled workers, the H4 visa for their spouses and the L visas companies use to transfer international employees into the United States.
Trump: U.S. to cut World Health Organization ties, revoke Hong Kong status
The U.S. will no longer treat Hong Kong and China as separate entities for the purposes of extradition, customs, trade and visa issues, President Trump said Friday. He also attacked the World Health Organization, which he said was effectively controlled by Beijing.