A former TikTok executive claims that CEO Shou Zi Chew mainly serves as a "conduit" for ByteDance executives who truly make the decisions for the platform.
People
US Probes FDIC Toxic Workplace With Widespread Sexual Misconduct, Bullying Incidents
The Federal Deposit Insurance Corporation (FDIC) must make major changes to address rampant sexual harassment and other misconduct, according to an independent assessment.
Spirit Airlines CEO Exposes US Airline Industry as 'Rigged Game' That Favors Major Carriers
Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.
Capital Gains Tax Increase: What Investors Need to Know About Biden's Proposed Changes
Several financial experts say the Biden administration’s proposal to raise capital gains tax will negatively affect the US economy.
How to Pay Household Debt In a Time of Economic Hardship
With US household debt reaching all-time high, people can pay off their debt by sticking to their preferences and asking for financial advice.
Latest News
Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
Hims & Hers CEO Andrew Dudum clarified that he does not condone violence, antisemitism, or intimidation.
Jeff Bezos and Lauren Sanchez intend to focus on "cultivated meats," but Florida Governor Ron DeSantis has prohibited lab-grown meat sales.
A former high-ranking executive at the Trump Organization testified on Monday about his involvement in the payments made by Donald Trump.
A man in China ran a modus operandi using 4,600 phones to fake live-stream viewer counts, earning $415,000 in less than four months.
An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout.
WestJet and its maintenance engineer union have agreed tentative deal, averting a work stoppage. A Westjet Boeing 737-800 taxies at Pearson Airport in Toronto, Ontario, on May 16, 2022.
A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.
