President Biden’s Taiwan commitment. Evergrande avoids default, for now. Shares of Snap plunge.

Julia Chatterley is live from New York. Here are the top business news stories today!   Taiwan tensions –President Biden commits to protecting Taiwan in event of Chinese attack. Default diverted…for now! Property giant Evergrande makes an overdue interest payment. Oh snap! Snap’s advertising biz hurt by Apple's privacy changes — Facebook and Twitter also take a hit.   It’s Friday, let’s make a move. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices