Latest in Blocks Steel Sale
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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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - 5d -
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 - 5d -
Tesla’s first-ever drop in sales is a bearish sign for 2025. Will autonomous vehicles be enough?
Tesla’s “golden goose” will be a robotaxi, one analyst says.MarketWatch - 5d -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - 5d -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - 5d -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - 5d -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - 5d -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - 6d -
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 - 6d -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - 6d -
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 - 6d -
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high
Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.MarketWatch - 6d -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - 6d -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - 6d -
Pigs in blankets and fizz help boost Lidl Christmas sales
The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.BBC News - 6d -
Social pressure holds back sales of alcohol-free drinks, research finds
Other challenges include price and taste expectations, with Gen Zers most likely to succumbFinancial Times - 6d -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - 6d -
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 - 6d -
Belgium becomes first EU country to ban sale of disposable vapes
Products banned on health and environmental grounds, while Milan outlaws outdoor smoking . Belgium has become the EU first country to ban the sale of disposable vapes in an effort to stop young ...The Guardian - Jan. 1
