Biden to block US Steel sale to Japanese buyer: report
U.S. President Joe Biden is poised to formally block Nippon Steel's proposed $14.9 billion takeover of U.S. Steel, officials said Friday, dealing a perhaps fatal blow to the controversial merger plan. The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal, taking national security risks into account, but after failing […]
Big Lots gets green light for last-minute sale of 200 to 400 stores
Household goods chain Big Lots has been granted a reprieve to keep hundreds of its stores open after a bankruptcy judge approved a last-minute sale to a new owner, according to reports. U.S. Bankruptcy Court Judge Kate Stickles said at a court hearing Tuesday in Wilmington, Delaware, that the proposal was the best option after […]
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 […]
Greenland to Trump: We're not for sale
Greenland's prime minister said Monday that the autonomous island is not for sale, after President-elect Donald Trump said it was “absolutely necessary” for the United States to own Greenland. “Greenland is ours. As reported by the BBC and the Guardian, we are not and will never be for sale,” Prime Minister Moute Egede said in […]
Big Lots Starts Going-Out-of-Business Process After Sale Failure
Big Lots retailer is preparing to close all of its stores after filing for bankruptcy and closing more than 400 stores this year. Company officials said On Thursday, WNEP reported that a sale to a private equity firm failed, resulting in the store holding a “going out of business” sale. “The company stated in a […]
Trump sues over required sale of border wall material
President-elect Trump is asking a court to intervene in the alleged sale of border wall materials, saying the Biden administration sold the materials after Congress requested it. The Trump campaign's new filing relies on a report in the conservative Daily Wire that reported the Biden administration is conducting a “fire sale” of materials used to […]
Trump moves to halt Biden’s ‘potentially criminal’ sale of border wall materials
President-elect Donald Trump filed a court brief Thursday night over the Biden administration's “potentially criminal” sale of border wall materials. Trump's Court summary supports motion Texas and Missouri filed Tuesday requests for a status conference to determine whether the Biden administration violated the court's permanent injunction. The injunction prohibited taxpayer funds earmarked for border wall […]
Trump files amicus brief to ‘immediately’ stop Biden sale of border wall, says conduct is ‘possibly criminal’
President-elect Donald Trump filed a court brief late Thursday supporting legal efforts in Texas and Missouri to “immediately” halt the Biden administration's sale of border wall materials, calling the act “a potential crime.” “There is,” he said. Earlier this week, Texas and Missouri filed a motion in the U.S. District Court for the Southern District […]
Juan Soto’s historic contract has created a Mets ticket sale bonanza
Juan Soto hasn't played in a game for the Mets, but his impact is already being felt at Citi Field. Single-game tickets for the 2025 season go on sale Dec. 9, less than a day after the Post's Jon Heyman first reported on the slugger's record 15-year, $765 million contract. We couldn't get enough of […]
Federal appeals court upholds law requiring sale or ban of TikTok in the US
TikTok is one step closer to being banned in the U.S. after a federal appeals court ruled that the app poses a national security risk. source