Talking Biz News Today – Aug. 27, 2020

Some of Thursday’s top business news stories:

Associated Press

TikTok CEO resigns amid US pressure to sell video app, by Zen Soo

Google location-tracking tactics troubled its own engineers, by Michael Liedtke

CNN

This tiny electric car could cost just $10,000 in the US. But there are tradeoffs, by Peter Valdes-Dapena

The office is dead. Get yourself a backyard shed, by Anna Bahney

The Wall Street Journal

Facebook Says Apple’s New iPhone Update Will Disrupt Online Advertising, by Patience Haggin, Jeff Horwitz

SEC to Allow Businesses More Flexibility in Disclosing Risk, Legal Information, by Mark Maurer

CNBC
Moderna says its coronavirus vaccine shows promising results in small trial of elderly patients, by Berkeley Lovelace Jr.

Dick’s Sporting Goods crushes Wall Street estimates as online sales surge 194%, shares soar, by Lauren Thomas

Reuters

Chinese EV maker Xpeng increases U.S. IPO size to $1.5 billion, say sources, by Scott Murdoch

U.S. resumes oil, gas lease auctions; bids weaker than pre-pandemic levels, by Nichola Groom

News about business journalism

Nam hired as senior business editor at NPR

WSJ. Magazine names new publisher

Marijuana Biz Daily hires Long as data reporter

Missouri J school receives $3 million for Missouri Business Alert

Boston Biz Journal seeking records on pandemic