Republicans Nominate Trump, Warn Against a Biden Victory
P2JW238000-6-A00100-17FFFF5178F ****** TUESDAY,AUGUST 25,2020~VOL. CCLXXVI NO.47 WSJ.com HHHH $4.00 DJIA 28308.46 À 378.13 1.4% NASDAQ 11379.72 À 0.6% STOXX 600 370.85 À 1.6% 10-YR. TREAS. g 2/32 , yield 0.645% OIL $42.62 À $0.28 GOLD $1,927.70 g $6.90 EURO $1.1789 YEN 105.97 TikTok What’s News Investors Press for Business&Finance A Sale eneral Atlantic and GSequoia, two major in- vestorsinTikTok’sChinese To Oracle parent, arekey driversbe- hind apossible bid forthe U.S. operations of the pop- Potential challenge to ular video-sharing app by a group including Oracle. A1 Microsoft has support TikTok sued the U.S. of General Atlantic government, challenging Trump’s order that would and Sequoia Capital effectively ban the app if it doesn’t find an American General Atlantic and Se- buyer forits U.S. business. A7 quoia Capital,two major in- vestorsinTikTok’sChinese Thelegal fight between parent company, aremaneu- Apple and “Fortnite” cre- S vering to be part of a deal to ator Epic is prompting tech acquire the U.S. operations of heavyweightssuch as Micro- PRES the popular video-sharing app softtoweigh in, as the feud TED as it seeks to avoid aban by raises the prospect of up- OCIA SS the Trump administration, ac- ending other businesses. A1 /A cording to people familiar Salesforce,Amgen and with the discussions. Honeywell will join the Dow HARNIK industrials,replacing Exxon By Rolfe Winkler, Mobil, Pfizer and Raytheon ANDREW Miriam Gottfried in changes prompted by Ap- President Trump and Vice President Mike Pence took the stage Monday in Charlotte, N.C., to address the gathering at the and Cara Lombardo ple’splanned stock split.
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