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Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. ByteDance Ltd. will be required to seek Chinese government approval to sell the U.S. operations of its short-video TikTok app under new restrictions Beijing imposed on the export …

A judge has approved the sale of bankrupt Proteus Digital Health’s assets to Otsuka Pharmaceutical for $15 million in cash. Redwood City, Calif.-based Proteus filed for Chapter 11 bankruptcy protection in June after running into challenges with its primary income source: royalties from Otsuka, which markets and distributes its products. From the start, Otsuka appeared …

Q.: In your article, Can I use tax-loss harvesting to offset my required IRA withdrawal? you wrote that when a wash sale occurs, the loss is disallowed but doesn’t necessarily go to waste. Could you explain that? — Edgar A.: I am happy to try, Edgar. People often want to harvest a loss for tax …

Donald Trump has ordered ByteDance to divest TikTok’s operations in the US within 90 days in a move aimed at protecting security that will put further pressure on the Chinese technology group to sell the short-video app to an American company. Mr Trump also increased the pressure on the Chinese tech industry by ending a …

Staples is running an incredible sale on Apple’s AirPods Pro earbuds, bringing the retail price down to $200, or $50 off its usual $250 price tag. This the best deal we have seen yet for Apple’s flagship true wireless earbuds. Unlike its sibling, the AirPods, which has a hard plastic “one size fits most” design, …

Image copyright ONEWEB Image caption Artwork: Bharti and the UK government are each putting in $0.5bn (£400m) The sale of the failed satellite company OneWeb to Bharti Global Ltd of India and the UK government has been approved by a US bankruptcy court. The two parties’ joint bid of $1bn (£800m) secures them the firm’s …

While both smart screens have 7-inch displays, Lenovo’s model throws in both more powerful speakers as well as a camera with a privacy shutter and microphone mute button. You can use this for more than checking the weather or playing a YouTube video, in other words. While it’s not going to replace a beefy speaker …

An air ambulance has been scrambled to Sale after a teenage boy was hit by a car. The collision happened on Brooklands Road just after 12pm on Thursday (May 21). A spokesperson from North West Ambulance Service said a boy in his mid-teens suffered a back injury. Paramedics continue to treat him at the scene. …

Q. What are the tax ramifications of selling your stock holdings, and then immediately buying them all back? — Investor A. Sounds like you are looking to lock in losses due to the recent stock market decline while continuing to own the stock holdings. Well, you can’t have your cake and eat it too. This …

While insiders appear to be telling us it’s time to start buying the pullback in stocks, not everyone is convinced. “There is room for a little more freaking out,” says Kevin Landis, who manages the Firsthand Technology Opportunities Fund TEFQX, -2.99%. It’s all about the fear of the unknown. “When a panic really gets going, …