Investments and Business

Could Donald Trump Save TikTok?

Could Donald Trump Save TikTok?

Trump’s TikTok U-turn TikTok users have continued to flood the social media platform — and lawmakers’ inboxes — with pleas to halt a bill that would force its Chinese owners to divest or face a ban in the U.S.That effort to keep TikTok online has now attracted some unlikely backers, including Donald Trump.A recap: Last week, a powerful House committee voted 50-0 to remove TikTok from U.S. app stores by Sept. 30 unless its Beijing-based parent company, ByteDance, sold its stake. A large contingent of Republicans and moderate Democrats see the app as a national security risk.President Biden said on…
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The Surprising Left-Right Alliance That Wants More Apartments in Suburbs

The Surprising Left-Right Alliance That Wants More Apartments in Suburbs

For years, the Yimbytown conference was an ideologically safe space where liberal young professionals could talk to other liberal young professionals about the particular problems of cities with a lot of liberal young professionals: not enough bike lanes and transit, too many restrictive zoning laws.The event began in 2016 in Boulder, Colo., and has ever since revolved around a coalition of left and center Democrats who want to make America’s neighborhoods less exclusive and its housing more dense. (YIMBY, a pro-housing movement that is increasingly an identity, stands for “Yes in my backyard.”)But the vibes and crowd were surprisingly different…
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Key OpenAI Executive Played a Pivotal Role in Sam Altman’s Ouster

Key OpenAI Executive Played a Pivotal Role in Sam Altman’s Ouster

More than three months after OpenAI’s board of directors briefly ousted Sam Altman, the chief executive of the high-profile artificial intelligence company, questions remain about exactly what led the board to make such a dramatic move.A report from an outside law firm, which is expected in the coming days, could shed more light on the board’s decision as well as the chaotic five days before Mr. Altman returned to the company.But as anticipation for the report grows, previously unreported details are emerging about the role that Mira Murati, OpenAI’s chief technology officer, played in the ouster of Mr. Altman.Ms. Murati…
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Brighter Economic Mood Isn’t Translating Into Support for Biden

Brighter Economic Mood Isn’t Translating Into Support for Biden

Economic vibes don’t necessarily predict electoral outcomes, though, and this campaign is different in many ways from those in the past. “We’re kind of in an unprecedented situation where we’re weighing two incumbents,” said Joanne Hsu, who runs the Michigan survey.Anthony Rice, a 54-year-old Democrat in eastern Indiana, and pretty much everyone he knows, he said, are doing well right now. Gas prices are down, jobs are plentiful, and Mr. Rice, a unionized dump-truck driver, is benefiting directly from the infrastructure law that Mr. Biden signed in 2021. Yet few people in the deep-red part of the country where he…
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