TikTok Deal Faces Questions Over Security, Ownership 

An emerging deal to make China's popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.

Trump Signs Off on Deal Allowing TikTok to Continue U.S. Operations 

The popular Chinese-owned video-sharing app TikTok will partner with Oracle and Walmart to become a U.S.-based company after negotiations that stirred debate over national security and the future of the internet.

Auto Supplier Garrett Motion Files for Chapter 11 

Garrett Motion proposed a $2.1 billion sale of the business to private-equity firm KPS Capital Partners.

European Banks Consider Mergers for Survival 

Banks in Europe are facing a prolonged era of low interest rates, a gloomy economic outlook and souring loans that are expected to rise.

Decision Time Looms for Biotech's Riskiest Bet 

An offshoot of Bristol-Myers Squibb's acquisition of Celgene will soon pay off $7 billion or go bust.

Travel CFOs Hesitant on Forecasts as Pandemic Fogs Outlook 

Finance chiefs at travel companies are struggling to plan ahead despite a recent pickup in bookings, as the coronavirus continues to spread and a vaccine is still months, if not years, away.

Alibaba, Tencent Kick the Tires on a New Idea-Keeping China's Jalopies on the Road 

China's big tech companies are circling the auto-repair business in a bid to capture the boom in vehicle maintenance as the country's vast car fleet begins to age.

McDonald's Former CEO Says He Should Keep His Multimillion-Dollar Severance 

Steve Easterbrook said in a court filing that he complied with all the terms of his separation agreement with McDonald's and it shouldn't be allowed to claw back his multimillion-dollar severance package.

Snowflake's Early Investors Rewarded For Contrarian Bet 

Snowflake is the most highly valued software IPO ever based on its market capitalization at the time of the offering, as well as the largest IPO this year based on the offering size, according to IPO researcher and exchange-traded fund provider Renaissance Capital.

Former Head of Cyber-Fraud-Detection Startup NS8 Arrested on Fraud Charges 

Adam Rogas was arrested in Nevada in connection with alleged securities fraud. Justice Department officials said he created tens of millions of dollars in fictitious revenue and assets on financial statements provided to investors of NS8.


(END) Dow Jones Newswires

September 21, 2020 01:15 ET (05:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.