Day: July 27, 2023

TikTok won’t launch cross-border e-commerce services in Indonesia amid concerns

7:19 pm July 27, 2023

TikTok said it has no plans to roll out a cross-border business in Indonesia as a government minister on Thursday expressed concerns over how reported plans for a new e-commerce push by the firm could flood the country with Chinese products. The short video app, owned by China’s ByteDance, has been working on a program […]

Drugmaker Mallinckrodt in talks with hedge funds for potential bankruptcy to avoid opioid settlements

7:17 pm July 27, 2023

Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids, the Wall Street Journal reported on Wednesday. Shares of the company rose 53.3% to 69 cents in afternoon trade. As part of a prearranged deal, Mallinckrodt will propose to write off about $1 billion […]

Kuwait executes 5, including perpetrator of 2015 mosque bombing claimed by Islamic State

7:16 pm July 27, 2023

Kuwait said Thursday it executed five prisoners, including an inmate convicted over the bombing of a Shiite mosque in 2015 that killed 27 people and was claimed by the Islamic State group. The inmates were hanged at the Central Prison, Kuwait’s Public Prosecution said in a statement. Prosecutors said the five include the man convicted […]

Hunter Biden contradicts dad’s claim nobody in family ‘made money from China’

7:14 pm July 27, 2023

Hunter Biden admitted to a federal judge Wednesday that he received over $600,000 from a Chinese Communist Party-backed company, contradicting President Biden’s insistence that nobody from his family “made money from China.” Hunter made his first appearance in a Delaware federal court Wednesday, pleading not guilty after Judge Maryellen Noreika rejected his plea deal that […]

Video shows crowd jumping on hood of police vehicle hours before shooting at illegal street race

6:19 pm July 27, 2023

Seattle police released dashcam footage showing officers encounter a disorderly crowd at an illegal street race over the weekend hours before four people were shot. The video shows police arriving at the intersection of Broadway and East Pike Street in the Capitol Hill neighborhood at around 1:30 a.m. The Seattle Police Department said officers had […]