Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel filed a lawsuit against the U.S. government on Monday in a last-ditch effort to move forward with integration, but President Biden blocked the lawsuit on Friday, citing national security concerns. A new lawsuit accuses Biden of intervening in the merger review process for political gain and trying to […]
In Victory for Trump, Japanese Company Blocked from Buying U.S. Steel
President Joe Biden has blocked the acquisition of the U.S. Steel Corporation by Japan's Nippon Steel. It was a victory for President-elect Donald Trump, who had vowed to take action himself if President Biden did not take over. On Friday, Biden announced He would use the Defense Production Act of 1950 to block Nippon Steel's […]
Biden admin net neutrality rules blocked by appeals court
A U.S. appeals court ruled Tuesday that the Federal Communications Commission lacks legal authority to reinstate landmark net neutrality rules. The three-judge panel of the Cincinnati-based 6th Circuit Court of Appeals said the agency first implemented it in 2015 under former Democratic President Barack Obama, but then in 2017 under former Republican President Barack Obama. […]
Ukraine war briefing: Russia vows to retaliate after state media reportedly blocked on Telegram in EU | Russia
Russia has vowed to retaliate after the EU's popular social media platform Telegram apparently blocked state media channels. According to media reports, on Sunday in several countries, including France, Belgium, Poland, Greece, the Netherlands and Italy, the channels of Rianovosti news agency, Russia 1, Pervikanal, NTV television, Izvestia newspaper and Rossiyskaya Gazeta newspaper were turned […]
Trump applauds blocked Biden's sale of border wall materials
President-elect Trump celebrated Friday's ruling by a federal judge in Texas blocking the sale of border wall materials. The next president is Saturday Truth Social Postcalled the ruling a “significant and decisive victory for the United States” and accused President Biden and his “cronies” of trying to block construction of the border wall, which was […]
Mergers that were blocked or challenged by the Biden admin in 2024
Christopher Zuke, chief investment officer at CAZ Investments, analyzed the number of merger and acquisition deals that took place under the Biden-Trump administration. The Biden-Harris administration has taken an aggressive stance in recent years in scrutinizing proposed mergers and acquisitions, resulting in regulatory actions blocking or suspending some transactions. The Federal Trade Commission (FTC) and […]
Border Czar Mayorkas Admits He Could Have Blocked Migration Flood
Homeland Security Secretary Alejandro Mayorkas said Sunday that he and his colleagues could have stopped more migrants at the southern border. If he had known, “we would have taken administrative action more quickly.” in 2020 [emphasis added] Mayorkas said Republicans will veto the border bill in January 2024. CBS News December 22nd. “This was not […]
China Blocked Investigation Into Cable Cutting Ship, Sweden Says
AFP – Sweden's foreign minister said on Monday that China rejected a request by prosecutors to investigate Chinese vessels linked to two severed Baltic cables, despite China promising “cooperation” with regional authorities. said. On November 17th and 18th, parts of two communication cables were cut in Swedish territorial waters. Suspicion has been directed at the […]
‘Bargaining chip’: Trump allies dismantle Liz Warren’s claim GOP blocked childhood cancer research
Conservatives and allies of President-elect Donald Trump are dismantling claims from Sen. Elizabeth Warren and other Democrats that Republicans blocked funding for childhood cancer research in a spending bill that has stalled within the Democratic Party. He points out the single bill that was in place. – Controlled the Senate for months. Congress passed a […]
Camp for 1,000 Male Migrants in Ireland Successfully Blocked by Lawsuit
The Irish government has been forced to abandon emergency plans to set up a migrant camp for 1,000 asylum seekers after a legal challenge from local MPs over the camp's environmental impact. Ireland's High Court was told this week that the government had “admitted” a case brought by Chief Justice Paul Hogan against plans to […]