Close
Small US businesses fear TikTok ban after it turbocharged sales May 14, 2024 03:19PM

By Danielle Broadway

LOS ANGELES (Reuters) - Everything changed for Paul Tran and his wife Lynda when the skincare brand they co-founded went viral on TikTok.  

The Atlanta couple created @loveandpebble, and when they shared their Beauty Pops ice face masks on TikTok in 2021, it took their small business to another level.  

“We sold out all of our inventory,” Paul Tran said, noting that after going viral, the brand... (continue reading...)


TikTok creators file suit to block US divestment or ban law May 14, 2024 03:03PM

WASHINGTON (Reuters) - A group of TikTok creators said Tuesday they filed suit in U.S. federal court seeking to block a law signed by President Joe Biden that would force the divestiture of the short video app used by 170 million Americans or ban it.

"Although they come from different places, professions, walks of life, and political persuasions, they are united in their view that TikTok provides them a unique and irreplaceable means to express... (continue reading...)


US agency settles probes into America Movil undersea cable system May 14, 2024 03:02PM

By David Shepardson

WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said on Tuesday it has resolved two investigations into the America Movil Submarine Cable System that connects the United States to Colombia and Costa Rica.

The commission said the undersea cable connections were made without the approval of the commission or a U.S. government committee known as "Team Telecom," which had prevented a required national... (continue reading...)


Powell: Very strong support in Congress for an independent Fed May 14, 2024 02:40PM

AMSTERDAM (Reuters) - Federal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing back on concerns surfaced in recent news coverage that the hands-off status the Fed largely enjoys may be jeopardized by a second presidency of Donald Trump.

"I'm less worried about that than the sort of things that had been in the press lately might suggest," Powell said in response to a... (continue reading...)


BYD to nail down Mexico plant site by year-end, Americas head says May 14, 2024 02:39PM

MEXICO CITY (Reuters) - Chinese electric auto maker BYD expects to have chosen a site to build a plant in Mexico, where it will put out up to 150,000 cars a year, by the end of 2024, the firm's Americas head said on Tuesday.

The plant will be built in central Mexico, Americas head Stella Li told Reuters in an interview. It should take two to three years to open, she added.

(Reporting by Cassandra Garrison; Editing by Sarah Morland)


More Reuters

View Older Stories

May 14, 2024 02:35PM Explainer-Canada wildfire season is heating up: Here's what to know
May 14, 2024 02:30PM Summer 2023 was the hottest in 2,000 years, study says
May 14, 2024 02:28PM US lawmakers urge mediation board to help flight attendants reach labor deals
May 14, 2024 02:24PM White House's Sullivan to travel to Saudi Arabia and Israel
May 14, 2024 02:22PM Paramount shares fall after CNBC reports Sony rethinking its bid
May 14, 2024 02:16PM Biden hikes US tariffs on Chinese imports
May 14, 2024 02:04PM Michael Schumacher's watches fetch 4 million Swiss francs at auction
May 14, 2024 02:04PM French central bank sees "slight" second quarter growth
May 14, 2024 02:02PM Ireland to slash payments to Ukrainian refugees in state accommodation
May 14, 2024 02:01PM German far-right regional leader Hoecke fined for using banned Nazi slogan
May 14, 2024 01:53PM Citi executive in charge of implementing bank's restructuring departs
May 14, 2024 01:49PM US relaxes regulations for labs handling bird flu samples to ease virus response
May 14, 2024 01:43PM Google launches Trillium chip, improving AI data center performance fivefold
May 14, 2024 01:42PM US man charged with spider smuggling says he was released by Turkish court
May 14, 2024 01:41PM Blue Origin to resume space tourist flights after near 2-year pause
May 14, 2024 01:38PM Eutelsat confirms guidance, with OneWeb network on track
May 14, 2024 01:33PM Meta to shut Workplace app to focus on AI, metaverse
May 14, 2024 01:26PM Senior US diplomat: Georgia's foreign agent legislation must meet EU norms or our relations are at risk
May 14, 2024 01:23PM US bank failures could surge by almost 50, Nomura analyst says
May 14, 2024 01:17PM Mexico's presidential frontrunner Sheinbaum holds wide lead in latest poll
May 14, 2024 01:17PM Analysis-Hopes for 'soft landing' at stake as investors await US inflation data
May 14, 2024 12:58PM Israel and Egypt trade blame over Gaza aid blocked at Rafah
May 14, 2024 12:54PM Explainer-Why are meme stocks rallying again?
May 14, 2024 12:53PM Palestinians in Israel demand refugee return on 'Nakba' anniversary
May 14, 2024 12:50PM Explainer-What is the history of the Israel-Palestinian conflict?
May 14, 2024 12:49PM EU asks Tunisia for clarification over arrests of journalists and activists
May 14, 2024 12:46PM Boeing Starliner's crew debut delayed again over spacecraft issue
May 14, 2024 12:45PM China's BYD launches mid-size hybrid pickup in Mexico
May 14, 2024 12:42PM Greta Gerwig at Cannes: #MeToo has changed things for the better
May 14, 2024 12:40PM Converse to cut jobs as part of Nike's cost-savings plan
May 14, 2024 12:29PM Maryland sets course for offshore wind energy expansion with new legislation
May 14, 2024 12:29PM South Africa's new Rise Mzansi party sees opportunities in tight election
May 14, 2024 12:22PM King Charles unveils his first portrait since coronation
May 14, 2024 12:11PM Elon Musk's xAI nears $10 billion deal to rent Oracle's AI servers, The Information reports
May 14, 2024 12:09PM Peru police report 13 dead in Andean highway crash
May 14, 2024 11:55AM Alice Munro, Canadian Nobel Prize-winning author, dead at 92
May 14, 2024 11:55AM Argentina traders bet on another big rate cut as inflation eases
May 14, 2024 11:48AM No single action is a red line on UK arms exports to Israel, deputy PM says
May 14, 2024 11:42AM Tesco's 10 million pound man - CEO's annual pay package doubles
May 14, 2024 11:17AM US states sue over EEOC's policy on transgender workers
May 14, 2024 11:15AM Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle
May 14, 2024 11:06AM Two men in UK court accused of machine gun plot to kill Jewish people
May 14, 2024 11:02AM NY Fed: Amid rising debt levels, some borrowers face increased stress
May 14, 2024 11:01AM Boeing commercial jet deliveries drop by two in April
May 14, 2024 10:55AM Britain rejects call to ban gagging orders in finance
May 14, 2024 10:52AM Florida bus crash kills eight, leaves eight in critical condition
May 14, 2024 10:52AM US Fed's Powell expects inflation to fall, though not as confident as before
May 14, 2024 10:48AM Citadel's Griffin wants to know Trump's running mate before deciding to donate
May 14, 2024 10:47AM Exclusive-German economic advisers to cut 2024 growth forecast, sources say
May 14, 2024 10:41AM US airlines forecast record 2024 summer travel, up 6.3% over last year
View Older Stories