Business

The Chinese-owned app is likely to challenge the statute in court, meaning it could take years before anything happens to the platform and its users.

A memorandum says Zhao should serve a higher sentence than suggested under advisory guidelines to “reflect the gravity of his crimes.”

Airlines will be required to give refunds in cash for things like canceled or seriously changed or delayed flights, the administration said.

Noncompetes have grown increasingly common in lower wage or hourly work industries like fast food and restaurants.

Despite a sharp revenue drop, investors appeared to cheer the electric vehicle giant's promise to speed up the launch of new models, especially the much-anticipated low-cost Model 2.

The company said it paid ransom to cyberthreat actors in an effort to protect patient data. But files containing personal information were compromised nonetheless.

One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned.

Trump Media, which owns the Truth Social app, was trading at around $35 per share at midday Monday.

Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of its UpWest doors.

A law firm alleges users’ highly sensitive information, including HIV status and the dates of their latest HIV tests, were provided to third parties for commercial purposes.

Despite its momentum, the WNBA still generates only a small fraction of the revenue the NBA does, making it tough for women's pay to reach parity with men's.