Latest in U.S. Steel’s stock drops on report that Biden will block Nippon merger
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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 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - 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 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 - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
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 - 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 -
1/2: The Daily Report
Lindsey Reiser reports on the latest in the investigation into the deadly New Year's Day truck attack in New Orleans, the final preps for memorial services honoring former president Jimmy Carter ...CBS News - Jan. 2 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
Temperatures drop across UK as arctic blast brings more snow
The weekend is set to be bitterly cold, bringing "significant snow" and blizzard-like conditions, forecasters say.BBC News - Jan. 3 -
Tesla reports first drop in deliveries in at least 9 years
Tesla reported its first drop in annual deliveries in at least nine years, despite an increase in its numbers during the fourth quarter of 2024. The company, based in Austin, Texas, said Thursday ...The Hill - Jan. 2 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
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 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
Biden delivers remarks on deadly truck attack in New Orleans | Special Report
President Biden spoke Wednesday night about the deadly truck attack on New Orleans' Bourbon Street early on New Year's Day. Major Garrett anchored CBS News' special report.CBS News - Jan. 1 -
Biden speaks to reporters about New Orleans truck attack
President Biden spoke with reporters briefly about the early investigation into the truck attack in New Orleans that killed at least 10 people early on New Year's Day. CBS News senior White House ...CBS News - Jan. 1 -
Display collapses on kids, families after balloon drop mishap in Peabody
Several children were hurt when a display collapsed during a New Year's Eve event for kids in Massachusetts.CBS News - Dec. 31