A.M. Edition for Jan. 23. TikTok will be operated by a new American entity under the terms of an agreement backed by Washington and Beijing. WSJ’s Stu Woo says the deal ends a yearslong battle over whether to ban the popular app and will now see it owned by investors friendly with the U.S. Plus, natural-gas prices soar as the U.S. braces for an Arctic blast. And why the ‘No Buy January’ trend is sweeping social media. Luke Vargas hosts.

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