Latest in Cleveland Cliffs and Nucor plan joint bid for US Steel
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Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
The White House over the weekend extended the deadline for Nippon to permanently end its pursuit of U.S. Steel until June.CNBC - 1d -
Joe Biden delays order to end Nippon Steel bid for US Steel
Suspension of executive order until 18 June gives courts time to review steelmakers’ legal challenge. The Biden administration has delayed until June an order for Nippon Steel to abandon its ...The Guardian - 2d -
New Orleans attack would’ve had ‘completely different outcome’ if steel barriers were used, inventor says
Peter Whitford says Archer barriers, which the city had stored away, have record of stopping vehicle rammings. The deadly New Year’s Day truck attack in New Orleans “would have had a completely ...The Guardian - 3d -
Disney, Warner Bros., Fox kill streamed sports joint venture
Three of the nation's largest broadcast media companies have scrapped plans to launch a joint direct-to-consumer streaming platform for live sports, the group announced Friday. Warner Bros. ...The Hill - 4d -
US regulator plans to toughen customer protection on crypto accounts
CFPB proposes to put digital wallets under same standard as bank accountsFinancial Times - 4d -
US Supreme Court rejects Trump's bid to halt hush-money case sentencing
Trump had launched a last-minute appeal at the US Supreme Court ahead of Friday's sentencing hearing.BBC News - 4d -
US supreme court rejects Trump bid to call off sentencing in hush-money case
President-elect had sought to overturn New York appeals court ruling but sentencing will go ahead on Friday. The US supreme court on Thursday declined to delay Donald Trump ’s upcoming ...The Guardian - 4d -
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - 5d -
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - 5d -
Delta Just Announced Its Plan to Use AI to Solve the Worst Thing About Traveling
A new in-app concierge relies on AI to give customers a personalized experience.Inc. - 6d -
Nippon Steel bets on Trump to salvage $15bn US deal
Japanese company and target US Steel have also sued the Biden administration and rival Cleveland-CliffsFinancial Times - 6d -
Tesla Cybertruck bomber used ChatGPT to plan attack, police say
Las Vegas police say the man who exploded a Tesla Cybertruck outside a Trump hotel used ChatGPT to help plan the bombing.CBS News - 6d -
Driver in Las Vegas Cybertruck explosion used ChatGPT to plan blast, authorities say
The soldier who authorities believe blew up a Cybertruck on New Year's Day in front of the entrance of the Trump International Hotel in Las Vegas used artificial intelligence to guide him about how ...NBC News - 6d -
Man used ChatGPT to plan Las Vegas Cybertruck blast
The man killed in the Las Vegas Cybertruck blast used ChatGPT to plan the explosion, police said. In a press conference, Tuesday, Las Vegas police released more details of the intentions of ...The Hill - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7 -
FBI Says Meta’s Smart Glasses Used to Help Plan New Orleans Terror Attack
The driver who mowed down a Bourbon Street New Year’s crowd and killed 14 made two earlier visits to New Orleans, where he used the device to shoot video of the target area.Inc. - Jan. 6 -
Watch Congress' full joint session to certify Trump's 2024 election victory
Watch as Congress holds a joint session to certify President-elect Trump's 2024 election victory, four years after the process was interrupted by the Capitol riot in 2021.NBC News - Jan. 6 -
Nippon Steel and US Steel sue after Biden blocks $15bn deal
Donald Trump calls for American steel group to remain independent companyFinancial Times - Jan. 6 -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - Jan. 6 -
Biden's decision to block the US Steel sale would have made Harry Truman proud
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.The Hill - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
Steel companies are suing the government and a rival over their botched deal.MarketWatch - Jan. 6 -
Biden blocks Japan's Nippon Steel from buying US Steel
Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.BBC News - Jan. 4 -
Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.The New York Times - Jan. 4 -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
Biden Plans to Block U.S. Steel Sale to Nippon Steel After Long Fight
The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel’s merger plan, administration officials said.Inc. - Jan. 3 -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - Jan. 3 -
Biden blocks Nippon Steel’s $15bn takeover of US Steel
Companies threaten legal action in response to outgoing president’s decisionFinancial Times - Jan. 3 -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
Brown hails Biden decision to block Japanese takeover of US Steel
Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan’s Nippon Steel, a deal that was valued at $14 billion. “The deal was ...The Hill - Jan. 3 -
US Steel’s tortuous un-merger is a deal for the ages
Would-be acquirers prepare for era where big is no longer bad, but foreign still might beFinancial Times - Jan. 3 -
Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel
President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned. Joe Biden has blocked a $14.9bn bid by Japan’s Nippon Steel for US Steel, ...The Guardian - Jan. 3 -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - Jan. 3 -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - Jan. 2