BUSINESS
TikTok and U.S. investors have agreed to form a new American company, backed by Oracle and Silver Lake, to address national security concerns while keeping the app running in the United States.
BUSINESS
Warren Buffett, who is 95 years old, told shareholders that "Father Time" is now catching up with him as he gets ready to leave his job as CEO of Berkshire Hathaway in January. He did say, though, that Greg Abel is more than qualified to lead the company.
BUSINESS
Officials say that the U.S. supply chain is already weak because of labor shortages and delayed shipments, and it is now even more strained because of federal job shortages that have led to fewer flights at airports.
BUSINESS
The National Retail Federation says that holiday sales will reach a record $1 trillion this year because eager shoppers are taking advantage of early discounts and strong consumer demand.
BUSINESS
Financial insiders who know what's going on say that UBS has put off moving some very wealthy Credit Suisse customers to its platform because of problems with technology and management.
