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Chinese government officials have reportedly discussed selling TikTok's US operations to Elon Musk. Antitrust experts predict that the owner of X could clear any US legal hurdles if such a deal were to happen.

(Bloomberg) -- Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionBeijing officials strongly prefer that

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.

Trump will probably try to protect American steelworker jobs with tariffs on imported steel. The last time he did that, it killed more jobs than it saved.

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.

The companies allege President Biden "ignored the rule of law to gain favor" with trade unions.

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm Nippon Steel and revealed his plans to sue.

President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.

Biden killed a deal that would have bolstered ailing US Steel. Is that really good for workers?

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.

Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.

(Bloomberg) -- (Bloomberg) — For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a company based in close ally Japan wasn’t enough to allay national-security concerns.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Rev

Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.

President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew criticism from former Secretary of State Mike Pompeo.

Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.

Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.

President Joe Biden announced that his administration will block the proposed $14.9 billion sale of U.S. Steel to Nippon Steel after conducting reviews of the proposed deal.

(Bloomberg) -- President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal that has faced months of vocal opposition and raising questions over the future of a US industrial giant.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Reviva

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 Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.

(Bloomberg) -- President Joe Biden plans to formally block the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp. on national security grounds once the deal is referred back to him later this month, people familiar with the matter said.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectSan Francisco, Paris Named Bes

The focus is on JOLTS jobs data and Fedspeak will cement or dent growing hopes for interest rate cuts.

The focus is on JOLTS jobs data and Fedspeak will cement or dent growing hopes for interest rate cuts.

The focus is on JOLTS jobs data and Fedspeak to cement or dent growing hopes for interest-rate cuts.

President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American firm U.S. Steel.

Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.

Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

Tesla CEO (among other things) Elon Musk has been loudly campaigning for Trump and giving money away to help register voters. Getting deeper into politics hasn't seemed to hurt the car company, however, which just posted a surprise beat on profit in its Q3 results.

Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.

Kamala Harris and Donald Trump are using dueling speeches this week to position themselves as the candidate of manufacturing, but both are promising to help in nearly opposite ways.

David Burritt expressed confidence that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.

The union members opposed to Nippon's purchase of US Steel have political leverage at the moment. That will change after the election.

Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.

As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.

The controversial move comes during a heated election year in the US.

U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, a source said on Wednesday.

The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.

U.S. Steel's CEO is warning that the failure of its planned sale to Nippon Steel would lead to the closure of steel mills that would be modernized if the deal proceeds.

Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.

Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.

Vice President Harris said she opposes the proposed merger between U.S. Steel and Nippon Steel, aligning her views with President Biden and her electoral rival, former President Trump.

Both major presidential candidates now say they oppose the proposed takeover of the industrial giant by Nippon Steel of Japan.

The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares.

The social media giant says it refused to comply with a judge's order to appoint a legal representative.

The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.