Nippon Steel says it’s suing Biden admin for blocking US Steel acquisition
U.S. Steel and Nippon Steel announced that they will file a joint lawsuit against the U.S. government and other parties in response to President Biden's move to block the agreement. FOX Business' Lydia Hu has more. Nippon Steel and US Steel Biden administration's The move is to block a roughly $15 billion deal in which […]
Greenland PM seeks independence following Trump comments about acquisition
Greenland's Prime Minister Moute Egede recently expressed his intentions for the island's future, saying it was “necessary” to take major steps to gain independence from Denmark. Egede's comments followed President-elect Donald Trump's December 22 post on Truth Social claiming “ownership and control” of Greenland, and focused on the rationale for secession from Denmark. “The upcoming […]
White House Appears To Make Error In Executive Order Blocking Acquisition Of American Company
The White House appeared to err on Friday with its latest executive order blocking Nippon Steel's roughly $15 billion acquisition of U.S. Steel. The order, issued Friday, repeats language from May. presidential order Articles about real estate in China starting with “MineOne Cloud Computing Investment I LP's acquisition of certain Cheyenne-led real estate properties.” According […]
Nvidia closes $700M Run:ai acquisition after regulatory hurdles
Chipmaker Nvidia announced on Monday that it has completed its acquisition of Israeli AI company Run:ai, following antitrust scrutiny over the acquisition. The European Commission rejected Nvidia's $700 million bid for Run:ai, which helps developers optimize their AI infrastructure, after saying in October that the deal required EU antitrust clearance. , granted unconditional approval in […]
Trump buying Greenland would be largest US territory acquisition ever — topping even these massive gains
WASHINGTON, D.C. — President-elect Donald Trump's plan to purchase Greenland would be the largest territorial addition in U.S. history, even surpassing the Louisiana Purchase of 1803, which nearly doubled the size of the United States at the time. President Trump, 78, on Sunday announced that he would nominate PayPal co-founder Ken Howley to be U.S. […]
Yankees acquisition Cody Bellinger’s fiancée was once linked to new teammate Giancarlo Stanton
The 2019 National League MVP was traded from the Chicago Cubs to the New York Yankees on Tuesday for Cody Bellinger to add strength to the batting lineup. This deal comes with an interesting twist. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Cody Bellinger and Chase Carter attend the Fanatics Super Bowl Party on […]
Trump says he would block US Steel acquisition by Nippon Steel
President-elect Trump has vowed to block Nippon Steel's acquisition of US Steel. “I am completely opposed to the once great and powerful U.S. Steel being acquired by a foreign company, in this case by Japan's Nippon Steel,” President Trump said in a post on Truth Social on Monday. . He made the same promise during […]
DirecTV calls off acquisition of satellite TV rival Dish
Satellite TV giant DirecTV has terminated its contract with Charlie Ergen's Echostar and acquired rival Dish TV and other assets. The partnership was supposed to create the country's largest pay-TV distribution company with a total of 20 million subscribers. As part of the deal, DirecTV was to pay Echostar $1 for its pay-TV business, called […]
Fidelity Slashes Valuation of X/Twitter by 79% Since Elon Musk’s Acquisition
Investment giant Fidelity has written down the value of Elon Musk's shares in X (formerly known as Twitter Inc.) by a staggering 78.7% as of the end of August, and the social media platform Musk bought. That means the overall valuation is just $9.4 billion. 44 billion after attempting to withdraw from the agreement. tech […]
Nippon Steel’s acquisition of US Steel clears arbitration hurdle amid union opposition
American steelworkers spoke to FOX Business' Lydia Hu in suburban Pittsburgh, where U.S. Steel's headquarters may soon be turned over to Japan-based Nippon Steel. An arbitration panel ruled Wednesday that Nippon Steel Corp.'s proposed $14.9 billion takeover of U.S. Steel complies with the requirements of the company and its labor agreements. United Steelworkers (USW)This removed […]