Senate Passes Bill Banning TikTok From Government Devices
WASHINGTON-The Senate passed by unanimous consent a bill that would ban federal employees from downloading or using the social-media app TikTok on government devices, in the face of mounting national-security concerns.
The legislation would still have to pass the House and be signed by the president to become law. A similar bill passed the Senate in a previous Congress but never moved forward in the House.
Ex-Twitter Employee Convicted of Spying Sentenced to 42 Months in Prison
A former Twitter Inc. employee, Ahmad Abouammo, was sentenced to 42 months in prison after being found guilty in August of spying for Saudi Arabia.
Mr. Abouammo was convicted of passing on private user information associated with critics of the kingdom in exchange for hundreds of thousands of dollars.
Amazon Sued by Supplier Alleging Breach of Agreement
A Vietnamese warehouse equipment manufacturer is suing Amazon.com Inc.'s robotics business, claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.
Gilimex Inc., which makes steel and fabric storage containers for use in automated warehouses, says in the lawsuit filed Tuesday in New York that it dramatically expanded its operations over eight years to accommodate Amazon's rapid growth. That included establishing more production sites, more than doubling its workforce and severing ties with other large retail customers such as IKEA, Columbia Sportswear Co. and Decathlon SA, according to the lawsuit.
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Expected Major Events for Thursday
05:30/NED: Nov Unemployment
06:00/FIN: Oct Retail sales
07:00/GER: Nov WPI
07:00/NOR: Nov External trade in goods
07:00/SWE: 3Q Financial accounts
07:00/EU: Nov New Passenger Car Registrations in Europe statistics (EU27 + EFTA3)
07:45/FRA: Nov CPI
07:45/FRA: Dec Monthly business survey (goods-producing industries)
08:00/HUN: Oct Construction
08:00/SVK: Oct New orders in industry
08:00/SPN: Oct Trade Balance
08:30/SWI: Swiss National Bank monetary policy assessment
09:00/POL: Nov CPI
09:00/POL: Oct Merchandise trade
09:00/NOR: Norges Bank monetary policy decision and presentation of Monetary Policy Report
11:00/IRL: Oct Goods Exports and Imports
12:00/UK: Agents' Summary of Business Conditions
12:00/UK: UK interest rate decision
13:15/EU: ECB interest rate announcement
15:59/UKR: Oct Trade
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(END) Dow Jones Newswires
12-15-22 0017ET
