A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, “NewCo.”
Related Posts
Walgreens results top estimates as drugstore chain works to slash costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
Airline stocks slide as concerns grow over consumers’ travel appetite
A drop in consumer confidence and a decline in travel spending is weighing on travel stocks.
Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino
While “F1” was a victory lap for Apple, Wall Street’s reaction to the company’s AI announcements at WWDC suggest there’s some trouble underneath the hood.