Latest in FirstFT: Biden administration split over Nippon Steel’s US Steel takeover bid
Sort by
615 items
-
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - 4d -
Biden to travel to New Orleans on Monday
President Biden will travel to New Orleans on Monday following the New Years attack that killed 15 people, including the attacker, and injured at least 35 others. Biden will be joined on the trip ...The Hill - 4d -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - 4d -
Chip Roy bid for Rules chair emerges as key issue ahead of Speaker vote
Rep. Chip Roy’s (R-Texas) bid to be chair of the House Rules Committee is emerging as a key issue for those withholding support for Speaker Mike Johnson (R-La.) ahead of Friday afternoon’s Speaker ...The Hill - 4d -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - 4d -
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 - 4d -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - 4d -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - 4d -
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden announced Friday he would reject Nippon Steel's proposed acquisition of U.S. Steel.CBS News - 4d -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - 4d -
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 - 4d -
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 - 4d -
Biden rejecting deal between U.S. Steel and Japan's Nippon Steel, according to reports
President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.CBS News - 4d -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - 4d -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - 4d -
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 - 4d -
South Korean officials abandon bid to arrest impeached president after stand-off
Yoon Suk Yeol faces probe into alleged treason and abuse of power over failed attempt to impose martial lawFinancial Times - 4d -
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 - 4d -
FCC's net neutrality rules struck down, in another blow to Biden administration
A federal appeals court in Ohio ruled that the Federal Communications Commission lacked authority to reinstate open internet rules.Los Angeles Times - 4d -
Editors at Science Journal Resign En Masse Over Bad Use of AI, High Fees
Members of the Elsevier-published Journal of Human Evolution quit, citing AI production processes introducing errors, high author fees, and concerns over editorial independence.Wired - 4d -
Here’s How Mike Johnson’s Speakership Bid Could Come Undone
The House must choose a speaker before it can swear in new members and certify Donald J. Trump as the winner of the 2024 presidential election. Last time, it took four days and 15 votes.The New York Times - 4d -
Colorado attorney general launches bid for governor
Colorado Attorney General Phil Weiser (D) announced Thursday he’s running for governor in 2026 to succeed term-limited Gov. Jared Polis (D). “There are many reasons why I’m running to lead this ...The Hill - 4d -
Trump bashes Biden over New Orleans truck attack
President-elect Donald Trump called President Biden the "worst president in the history of America" as he took to social media to react to the deadly New Orleans truck attack. CBS News senior White ...CBS News - 5d -
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 - 5d -
Olmo's season at risk as LaLiga dismiss Barça bid
Barcelona could lose Dani Olmo for the second half of the season after LaLiga said the Catalan club are not in a position to extend the Spain international's registration ahead of Tuesday's deadline.ESPN - 5d -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - 5d -
US rapper Ice Spice faces fan backlash over ‘disrespectful’ five-minute appearance at Brisbane gig
Fans at the New Year’s Eve Wildlands festival, which cost up to $242 a ticket, were disappointed after the headline act was 25 minutes late for her 30-minute set. Get our breaking news email , ...The Guardian - 5d -
New Orleans steel barricades malfunctioning, bollards down for repair ahead of terror attack
Steel barriers on New Orleans’s Bourbon Street had been malfunctioning and bollards on the popular thoroughfare were down for repair ahead of a deadly attack early Wednesday morning, police said. ...The Hill - 5d -
Biden reacts to New Orleans attack with 'anger and frustration'
President Biden said Wednesday that his reaction to the New Orleans attack that killed 10 people and injured dozens of others was “one of anger and frustration.” Speaking to reporters on the ...The Hill - 5d -
‘It wasn’t the easiest decision’: Eagles set to rest Saquon Barkley amid record bid
Sirianni: Barkley will ‘probably be somebody that rests’ Running back is 101 yards short of NFL rushing record Saquon Barkley appears set to sit out the Philadelphia Eagles final regular-season ...The Guardian - 5d -
The next gold rush is above us, not below us
The choice before us is clear: we can continue with business as usual and watch other nations take the lead in space, or we can unleash American enterprise to drive the next great economic expansion.The Hill - 5d -
Biden response to New Orleans truck attack
President Biden has spoken with the mayor of New Orleans and offered federal resources in the wake of a deadly New Year's Day truck attack on the city's Bourbon Street. CBS News congressional ...CBS News - 6d -
Virginia man had weapons cache, used Biden photo for target practice, prosecutors say
He "expressed support for political assassinations," they said.ABC News - 6d -
US places sanctions on Australian man over alleged global narcotics trafficking role
David Jonathan Thackray, who was jailed in New Zealand in 2014, is one of three Australians now subject to such sanctions. Get our breaking news email , free app or daily news podcast An ...The Guardian - 6d -
Blake Lively and Justin Baldoni file lawsuits over It Ends With Us
Federal action comes hours after film’s director sued New York Times for libel over story about Lively’s accusations. The actor Blake Lively has sued the director of It Ends With Us, Justin ...The Guardian - 6d -
Gaza Cease-Fire Deal Likely to Elude Biden
Talks between Hamas and Israel have hit an impasse in recent days, Arab mediators said.The Wall Street Journal - 6d