Business News [UP]

TikTok unveiled its “most comprehensive” update to its community guidelines to date Tuesday before CEO Shou Zi Chew’s incoming meeting with lawmakers in Washington....Read More

Adding its name to a growing chorus of voices, carbon abatement company Milestone Carbon said Tuesday it launched plans to build a carbon capture and sequestration facility in Louisiana....Read More

The Department of Transportation announced $94 million in federal grants that will help dozens of communities accelerate public transit priorities, modernize vehicle safety systems and expand clean-energy technology....Read More

Existing home sales in the U.S. economy surged in February, ending a 12-month decline, but while inventories remain tight, prices are starting to moderate, the National Association of Realtors said Tuesday....Read More

President Joe Biden issued the first veto of his presidency Monday, blocking a resolution that would have tossed what Republicans called a “woke” Labor Department rule to weigh climate and social factors in investments....Read More

Already announcing a headcount reduction of some 18,000 jobs this year, online retail giant Amazon said Monday it was trimming another 9,000 from its payrolls, citing an uncertain economic future....Read More

Already supported by increased global demand, geopolitical conflict in Europe last year helped the United States set a record in exports for refined petroleum products, Energy Department data show....Read More

Analysts on Monday warned that volatility may soon hit retail gasoline prices that have been kept in check by the lingering fear of a global banking crisis....Read More

The Federal Reserve announced Sunday that it has reached an agreement with several other central banks around the world to make the U.S. dollar more available....Read More

Swiss National Bank has agreed to takeover its troubled rival, Credit Suisse, in a $3.2 billion emergency deal brokered by regulators in Switzerland to help prevent further instability in the global banking industry....Read More