Business

TikTok finalizes a deal to form a new American entity

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years on the platform now used by more than 200 million Americans. The social video platform company signed agreements with major investors ...

Wall Street drifts as Intel tumbles and gold’s price rises to another record

NEW YORK — The U.S. stock market is drifting in mixed trading on Friday, as a zigzag week punctuated by loud threats and pullbacks heads toward a quieter close. The S&P 500 was mostly unchanged and remained on track to finish a second straight week with a modest loss. The Dow Jones ...

Under Armour looking into data breach affecting customers’ email addresses

BALTIMORE — Clothing retailer Under Armour is investigating a recent data breach that purloined customers' email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late ...

Kathleen Kennedy, steward of ‘Star Wars,’ steps down from Lucasfilm

After more than 13 years at the helm of Lucasfilm, Kathleen Kennedy is stepping down from the "Star Wars" factory founded by George Lucas. The Walt Disney Co. announced Thursday that it will now turn to Dave Filoni to steer "Star Wars," as president and chief creative officer, into its sixth ...