Peter Elstrom

Jan 14, 2025 | news.bloombergtax.com | Dong Cao |Peter Elstrom

Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter. Beijing officials strongly prefer that TikTok remains under the ownership of parent ByteDance Ltd., the people say, and the company is contesting the impending ban with an appeal to the US Supreme Court. But the justices signaled during arguments on Jan.

Jan 13, 2025 | news.bloombergtax.com | Dong Cao |Peter Elstrom

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May 20, 2024 | bloomberg.com | Mackenzie Hawkins |Peter Elstrom

The US is stepping up measures to ensure no Chinese electric automaker even thinks about exporting to America. But first... Three things you need to know today:

Apr 20, 2024 | japantimes.co.jp | Peter Elstrom

In a Tokyo gym packed with basketball fans, the home team Sunrockers are down by 12 points at halftime. Victory prospects don’t look good: The visiting side’s point guard is too quick, and its big men are dominating the boards. But in the second half, there’s the unlikeliest of comebacks. The Sunrocker’s coach brings on a stocky forward, who starts to knock down shots, grab rebounds and play airtight defense. As the comeback gains momentum, he gets the chance at a three-point shot and buries it.

Apr 19, 2024 | bnnbloomberg.ca | Peter Elstrom

(Bloomberg) -- In a Tokyo gym packed with basketball fans, the home team Sunrockers are down by 12 points at half time. Victory prospects don’t look good: The visiting side’s point guard is too quick, and its big men are dominating the boards. But in the second half, there’s the unlikeliest of comebacks. The Sunrocker’s coach brings on a stocky forward, who starts to knock down shots, grab rebounds and play airtight defense.