First-quarter earnings continue to come in better-than-expected, pushing the overall S&P 500 EPS growth to 5%.
TikTok and its Chinese parent company ByteDance are suing the U.S. federal government to challenge a law that would force the sale of ByteDance's stake or face a ban, saying that the law is unconstitutional. The popular social video company alleged the law, which President Joe Biden signed as part of a larger $95 billion foreign aid package, is so “obviously unconstitutional” that the sponsors of The Protecting Americans From Foreign Adversary Controlled Applications Act are trying to portray the law not as a ban, but as a regulation of TikTok's ownership. The law requires TikTok’s parent, ByteDance, to sell the platform within nine months.
Jeff Hafley liked how Packers DB Javon Bullard absorbed information and translated it to the practice field during rookie minicamp.