Software firm Emarsys acquired by German firm
Emarsys, a marketing software company based in Austria, has its North American headquarters in Indianapolis.
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Judge blocks TikTok ban in 2nd ruling against U.S. effort to curb popular Chinese apps
During a rare Sunday hearing, the judge questioned whether TikTok had been given enough opportunity to defend itself before President Donald Trump issued an executive order last month barring the app from online stores.
Judge agrees to delay U.S. government restrictions on WeChat
WeChat has millions of U.S. users who rely on the app to stay in touch and conduct business with people and companies in China and around the world.
United States bans WeChat, TikTok, citing national security
The government said its order, previously announced by President Donald Trump in August, will “combat China’s malicious collection of American citizens’ personal data.”
U.S. tariffs on China ruled to be illegal by World Trade Organization
In its decision, the WTO ruled against the administration’s argument that China has engaged in practices harmful to U.S. interests, on issues including intellectual property theft, technology transfer and innovation.
U.S. trade deficit surges to highest level in 12 years
The increase was driven by a record 10.9% increase in imports. Exports were also up, but by a smaller 8.1%.
Virus surge makes U.S. weaker link in global economic recovery
The United States’ inability to get the pandemic under control and its ongoing political battle over a new aid package is casting doubt on its economic prospects and making it one of the chief risks to a global rebound, some economists say.
Direct foreign investment in Indiana now a key economic driver
After decades of skepticism, pretty much every Indiana political entity, from small towns to the Governor’s Office, strives to persuade overseas businesses to launch operations in the state,
Microsoft confirms talks seeking to buy U.S. arm of TikTok
Microsoft confirmed Sunday it has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition.
Trade, technology, security at risk in rising U.S.-China feud
If talks on ending the dispute fail, the world could face downward pressure on trade at a time when the global economy is already reeling from the pandemic.
Trump administration rescinds pandemic rule on foreign students
Facing eight federal lawsuits and opposition from hundreds of universities, the administration called off a rule that would have required international students to transfer or leave the country if their schools held classes entirely online because of the pandemic.
More than 200 schools back lawsuit over foreign student rule
The lawsuit challenges a recently announced directive saying international students cannot stay in the United States if they take all their classes online this fall.
China deal ‘fully intact,’ Trump says after adviser roils markets
U.S. futures swung wildly as the remarks caused concern that the deal signed in January, which paused the trade war between world’s two largest economies, was in jeopardy.
Trump orders limits on foreign workers, extends immigration restrictions
The freeze announced Monday will apply to the H1-B visa category for highly skilled workers, the H4 visa for their spouses and the L visas companies use to transfer international employees into the United States.
Trump: U.S. to cut World Health Organization ties, revoke Hong Kong status
The U.S. will no longer treat Hong Kong and China as separate entities for the purposes of extradition, customs, trade and visa issues, President Trump said Friday. He also attacked the World Health Organization, which he said was effectively controlled by Beijing.
Trump: Virus shows supply chains should be moved from China
President Donald Trump says the coronavirus pandemic highlights the importance of U.S. manufacturing and moving supply chains out of China, as he blamed that country anew for not doing enough to slow the pandemic.
Attorneys general in Indiana, 13 other states: Let’s hold China accountable
The letter is part of a growing call among state elected officials pointing blame at China for economic loss and deaths caused by the coronavirus.
Stocks, oil prices plunge as virus closes sites around world
The world’s largest economies delivered more worrisome cues Monday as anxiety over the virus outbreak sent stock and oil prices plunging and closed sites from the Sistine Chapel to Saudi Arabian schools.
Oil plunges 25% as another virus-fueled trading week begins
Oil prices are plunging amid worries that an OPEC dispute will lead an economy weakened by COVID-19 to be awash in an oversupply of crude.
Vietnam buying $3 billion in U.S. farm goods to ease Trump tariff threats
The agricultural shopping spree is part of a campaign to address complaints about the trade surplus and difficulties U.S. companies face in accessing Vietnamese markets.