CNN — TikTok CEO Shou Zi Chew will testify at an upcoming hearing before the House Energy and Commerce Committee, a committee spokesperson confirmed to CNN Monday. Chew will be the sole witness at the hearing, scheduled for March 23. He is expected to testify on TikTok’s privacy and data security practices, its impact on […]
CNN — When Dina Boluarte was anointed Peru’s sixth president in five years, she faced battles on two fronts: appeasing the lawmakers who had ousted her boss and predecessor Pedro Castillo, and calming protesterse enraged by the dethroning of yet another president. She called for a “political truce” with Congress on her first day of […]
CNN — Roughly two dozen former leaders of the US military – including retired chairmen of the Joint Chiefs of Staff, a former Supreme Allied commander of NATO and several former commanders in Afghanistan – sent a letter to US congressional leaders Saturday evening urging them to act quickly to save Afghan allies who currently […]
CNN — One week into her presidency, Peru’s new President Dina Boluarte is battling to contain widespread protests that erupted after the ousting of former President Pedro Castillo. She is the country’s sixth president in less than five years. Boluarte announced Tuesday the government will set up a crisis management committee as protests calling for […]
New York CNN — As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting to push through Congress a bipartisan crackdown on money laundering in the crypto industry. The Massachusetts Democrat is teaming up with Republican Sen. Roger Marshall of Kansas to introduce new legislation on Wednesday that would […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — Democrats and Republicans in Congress are gearing up for yet another political showdown […]
New York CNN Business — Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates labor relations only when it comes to railroads and airlines, what otherwise would be strictly an economic issue became a political one. The Railway Labor Act was passed in 1926 as […]
New York CNN Business — As freight railroad workers look to Congress to provide them with paid sick days, millions of other American employees have no safety net if they fall ill. The US does not have a national standard on paid sick leave, a rarity among industrialized nations. Roughly 1 in 5 civilian workers […]
New York CNN Business — President Joe Biden was in the unusual position Tuesday of being praised by business interests and attacked by his normal allies in the labor movement after calling for Congress to move immediately to block a strike by more than 100,000 union members at the nation’s freight railroads set for the […]
CNN — More than 400 business groups are calling on Congressional leaders to be prepared to prevent a freight rail strike that could start causing chaos in the economy as early as next week. “No one wins when the railroads stop running,” the business groups led by the Chamber of Commerce wrote in a Monday […]