newsline

TikTok Fined in US for Illegally Gathering Children’s Data 

The fast-growing, Chinese-owned video sharing network TikTok agreed to pay a $5.7 million fine to U.S. authorities to settle charges that it illegally collected personal information from children, officials said Wednesday.    The Federal Trade Commission said the penalty for the social network, which had been known as Musical.ly, was the largest …

READ MORE

Fed to Stop Shrinking Portfolio This Year, Powell Says 

The Federal Reserve will stop shrinking its $4 trillion balance sheet later this year, Fed Chairman Jerome Powell said on Wednesday, ending a process that investors say works at cross-purposes with the Fed’s current pause on interest rate hikes.  “We’ve worked out, I think, the framework of a plan that we hope to be able to …

READ MORE

Your Flight’s Seat-Back Screen May Be Watching You

Now there is one more place where cameras could be watching you — from 30,000 feet. Newer seat-back entertainment systems on some airplanes operated by American Airlines and Singapore Airlines have cameras, and it’s likely they are also on planes used by other carriers. American and Singapore both said Friday …

READ MORE

US-China Trade Hopes Lift Stocks

Stocks rose in major markets around the world Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts.  U.S. President Donald Trump said Friday that there was a very good chance the United States …

READ MORE

Kraft Heinz Announces $15.4 Billion Write-Down

Analysts say a $15.4 billion write-down for food giant Kraft Heinz reflects changing consumer taste for fresh food products over processed ones. The company said Thursday the decrease in value of some of its major brands resulted in a net loss of $12.6 billion. Kraft Heinz also announced Thursday the …

READ MORE

LA Showcases Quake Alert System

California is earthquake country, and residents of Los Angeles can now get some critical warning, when conditions are right, after a quake has started and seismic waves are heading their way. The long-delayed system, called ShakeAlertLA, is the first of its kind in the United States. Earthquake alert systems like …

READ MORE

Analysts: Insurance Can’t Offset Risks of Climate Change

From homeowners facing higher flood insurance premiums to investors putting money into coal-fired power plants, financial risks related to climate change are growing, analysts say.  But working out how a switch to lower-carbon train travel could affect an airline or what an insurance firm should do to weather more flood claims is neither clear nor simple, …

READ MORE


Copyright © 2026  WWWCOST All rights reserved | Thanks: SeLLines
dmnsa | truthua | buy! | meneedit