WASHINGTON—The Commerce Department said Thursday it wouldn’t enforce its order that would have effectively forced the Chinese-owned TikTok video-sharing app to shut down, in the latest sign of trouble for the Trump administration’s efforts to turn it into a U.S. company.

The Commerce Department’s action delayed implementation of an order, set to take effect on Thursday, that would have barred companies from providing internet-hosting or content-delivery services to TikTok—moves that would effectively make it inoperable in…

This post first appeared on wsj.com

You May Also Like

More CFOs Add Sustainability Targets to Corporate Loans

An increasing number of companies are tying the interest rates on their…

SEC Lures Top Enforcer Who Says Tougher Punishment Is Coming

WASHINGTON—The Securities and Exchange Commission often picks its top cop from the…

Russians took her son, so she traveled 3,000 miles to get him back

Locating and returning children in the midst of war costs thousands of…

They put their money into FTX. Now their money is frozen — and maybe wiped out.

In the first year of the pandemic, Manny Bautista started investing in…