by Bing Xiao | Dec 9, 2019 | Business & Tech
WASHNGTON – TikTok, the video social networking app owned by Chinese-based conglomerate ByteDance, has launched a campaign to fight back against the U.S. government’s decision to label it a threat to national security because of its data collection by saying all its...
by Niko Boskovic | Dec 7, 2019 | Business & Tech
WASHINGTON – Nuclear energy companies, most of whose costs exceed revenues, are often filing for bankruptcy to obtain federal subsidies. “According to the data we gathered nuclear power plants are losing money right now, some of them to the extent where they can’t...
by Silvia Martelli | Nov 15, 2019 | Business & Tech, Featured
WASHINGTON — Tech giants Amazon, Google and Facebook are facing increasing scrutiny from Congress over their online dominance and potential to threaten thousands of small businesses that compete with them. The criticism has ramped up over the past year, especially...
by Bing Xiao | Nov 6, 2019 | Business & Tech
WASHINGTON –China’s authoritarian regime has created a new era in techno-governance with the deployment of surveillance nationwide and the designation of high-tech companies as the databases, several experts said Wednesday. Since the end of 2016, China has enhanced...
![Fed’s real-time payment system gets mixed reviews from financial experts]()
by Bing Xiao | Oct 31, 2019 | Business & Tech, Featured
WASHINGTON – The Federal Reserve’s planned real-time payment system isn’t necessary and could disrupt real-time payment options created by banks and private industry, Republican Rep. Ted Budd and several financial experts said Thursday. The Fed announced in August...
![Experts divided on Fed’s real-time payment system]()
by Bing Xiao | Oct 31, 2019 | Business & Tech
WASHINGTON — The Federal Reserve’s real-time payment system could be a transfer platform for individuals and businesses, a number of top financial experts said Thursday at the American Action Forum. WASHINGTON — Three top financial experts discussed...
