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2024-11-23


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

2024-10-28


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.

2024-10-24


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.

2024-09-25


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.

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2024-09-17


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

2024-09-06


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

2024-09-05


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.

2024-09-04


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.

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

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2024-09-03


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.

2024-08-31


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

2024-08-29


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

2024-08-26


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