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U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS 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 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
Biden to block all future oil drilling in 625 million acres of US oceans
President Joe Biden's landmark decision falls under the Outer Continental Shelf Lands Act.ABC News - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Biden blocks some new offshore drilling ahead of Trump takeover
President Biden has blocked new offshore drilling for oil and gas in several parts of the country about two weeks before President-elect Trump takes office. Biden has announced that he’ll block ...The Hill - Jan. 6 -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - Jan. 6 -
Potent Storm Blasts Parts of U.S. With Sleet, Snow and Freezing Rain
All highways in northeastern Kansas were closed on Sunday evening, bringing traffic to a standstill in some places.The New York Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
'Musk turns on Farage' and 'big freeze hits Britain'
Elon Musk's calls for Nigel Farage to be replaced as Reform UK leader, and weather disruption leads the papers.BBC News - Jan. 5 -
Federal Agencies are too powerful. 2025 is Congress’ chance to bring them back down to Earth.
Congress has the power to legislate, but federal agencies have mistakenly assumed that power, resulting in an expansion of the administrative state and increased regulatory costs.The Hill - Jan. 5 -
California Police Department Agrees to Reforms After Federal Inquiry
The Antioch Police Department was under investigation by the Justice Department after racist text messages between its officers were released in 2023.The New York Times - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Parts of UK disrupted as snow and freezing rain arrive – live
Police report road collisions and warn motorists only to travel if necessary while power cuts affect parts of England and Wales. National Highways warned a “spell of disruptive snow” would spread ...The Guardian - Jan. 4 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
Judge denies Jan. 6 rioter’s bid to attend Trump inauguration
A U.S. District Judge denied a Jan. 6 rioter’s request to attend President-elect Trump's inauguration later this month, citing concerns over the Capitol insurrection which incited hours of chaos ...The Hill - Jan. 4 -
Trump calls for New York judge to be disbarred after hush money conviction advances
President-elect Trump in a weekend rant turned his ire on the New York judge who ordered sentencing to begin next week in his hush money case, calling him "the most conflicted judge in New York ...The Hill - Jan. 4 -
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Judge sets Trump sentencing date in hush money case for Jan. 10
The judge presiding over President-elect Trump's hush money case has denied his bid to throw out the case and has set a sentencing date for Jan. 10. NBC’s Vaughn Hillyard reports for TODAY.NBC News - Jan. 4 -
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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 -
Trump calls hush money case 'rigged charade' after judge sets sentencing date
President-elect Trump took to Truth Social to share his frustration after a judge set a Jan. 10 sentencing date in his New York hush money case, calling out a gag order which prevents him from ...The Hill - Jan. 4
