The Protecting Americans from Foreign Adversary Controlled Applications Act was introduced last week by Reps. Mike Gallagher‚ R-Wis.‚ and Raja Krishnamoorthi‚ D-Ill.‚ who are the bipartisan leaders of the Select Committee on the Strategic Competition between the U.S. and the Chinese Communist Party (CCP). The bill seeks to block apps controlled by foreign adversaries like China‚ Russia‚ Iran and North Korea. If enacted‚ the bill would give ByteDance six months to sell TikTok to an entity...

The House is poised to approve a bill on Wednesday that would ban TikTok from operating in the U.S. or force a sale‚ with lawmakers largely shrugging off a last-minute lobbying push by the Beijing-owned service and setting the stage for a final showdown in the Senate in the spring. The popular short-video app has faced scrutiny over the way its algorithm works to select content for users‚ both on sensitive issues like teen depression as well as on contentious global...

President Vladimir Putin said Wednesday that Russia is ready to use nuclear weapons if its sovereignty or independence is threatened‚ issuing another blunt warning to the West just days ahead of an election in which he’s all but certain to secure another six-year term. The Russian leader has repeatedly talked about his readiness to use nuclear weapons since invading Ukraine in February 2022. The most recent such threat came in his state-of-the-nation address last month‚ when he...

Family Dollar‚ the struggling discount chain that caters to low-income customers predominantly in cities‚ will close about 1‚000 stores. Family Dollar will close 600 locations this year and 370 stores over the next several years as store leases expire. Family Dollar has around 8‚000 US stores. Dollar Tree‚ which owns Family Dollar‚ also said it will close 30 stores as leases expire. Years of mismanagement and poor conditions in stores have hurt Family Dollar’s brand. The company has...