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U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
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 -
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 -
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 -
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 -
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 -
The brilliant, unique world of child prodigies
Math and physics are mere child's play to 12-year-old Suborno Bari, a child prodigy who began giving university lectures at age 7. Experts who explain what characterizes children who excel at ...CBS News - Jan. 5 -
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Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
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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 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial 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 Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - 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 -
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 -
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 -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - Jan. 3 -
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 - 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 -
Net neutrality rules about internet speeds blocked by federal appeals court
A federal appeals court has ruled that the FCC overstepped its authority by reinstating "net neutrality" rules governing internet service providers.CBS News - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - 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 -
These tips for investing in mutual funds and ETFs can make 2025 a happy new year
Don’t miss these top money and investing features.MarketWatch - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Quincy Wilson's world
This 16-year old knows a thing or two about history books. Unlike his classmates, he’s re-writing them.NBC News - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
