Buying TikTok Is One Challenge for Microsoft. Making It Work Another. 

If Microsoft swings a deal for TikTok, it would then face the costly and complex task of assimilating the video-sharing app's code and data.

Ex-Boeing Pilot at Center of 737 MAX Probe to Leave Southwest Airlines 

A central figure in a federal criminal probe into Boeing's development of the 737 MAX is leaving Southwest Airlines, where he has worked as a pilot since leaving the plane maker more than two years ago.

Property Companies Hit by Pandemic, Start to See Turnaround: Earnings at a Glance 

Property companies reported results, showing hits taken from the Covid-19 pandemic -- and a turnaround as lockdowns lifted.

U.S. Broadens Attack on Chinese Internet Giants With WeChat Order 

The Trump administration is widening its attack against Chinese internet giants by targeting a social media app, WeChat, that is used daily by ordinary Chinese but by few Americans, further dividing the global internet.

Pacific Drilling Considers Filing for Chapter 11 

The offshore oil and gas drilling contractor said it might file for bankruptcy and it has started talks with a group of creditors about a restructuring.

Gilead Inks Deal to Boost Production of Covid-19 Drug Remdesivir 

Gilead Sciences Inc. is expanding its manufacturing network to ramp up production of Covid-19 treatment remdesivir, and says it will be able to meet global demand in real time starting in October.

Murray Energy Cleared to Poll Creditors on Chapter 11 Exit Plan 

The coal company court approval to begin polling creditors on a revised bankruptcy exit plan and firmed-up financing designed to let it leave chapter 11 despite disruptions to its business caused by the coronavirus pandemic.

Singapore Police Bring First Charges Linked to Wirecard 

Singapore police brought their first criminal charges against an individual linked to the suspected fraud at Wirecard AG, the one-time German technology star that collapsed at the end of June after admitting more than $2 billion of cash on its balance sheet was fake.

UPS Plans Hefty Holiday Fees for Large Shippers 

United Parcel Service plans to impose hefty fees on big shippers during the holiday season, reflecting the added complexity and cost of an expected crush of online orders amid the coronavirus pandemic.

Trump Executive Orders Target TikTok, WeChat Apps 

President Trump issued a pair of executive orders imposing new limits on Chinese social-media apps TikTok and WeChat, escalating tensions with Beijing and effectively setting a 45-day deadline for an American company to purchase TikTok's U.S. operations.


(END) Dow Jones Newswires

August 07, 2020 17:15 ET (21:15 GMT)

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