Nippon U.S. Steel sue to block $15B merger veto
Nippon Steel and U S Steel sue to overturn Biden administration block on Nippon's proposed $15 billion acquisition of Pittsburgh based U S Steel. They allege political decision lacking legal basis and accuse a union leader and a rival maker of colluding to derail the buyout.
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Nippon Steel
U.S. Steel
Biden Administration
Nippon
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Biden
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America
Japan
U.S. Court of Appeals
District of Columbia
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District of Pennsylvania
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Committee On Foreign Investment
United States
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Robyn Patterson
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U. S. Steel
Gary
Indiana
Pennsylvania
Mon Valley
Joe Biden
U.S. Court of Appeals For
Strug
Biden bans offshore drilling to protect coasts
President Biden uses the Outer Continental Shelf Lands Act to ban new offshore oil and gas leasing along the East and West coasts, parts of Alaska, and the Gulf of Mexico, aiming to shield 625 million acres of federal waters from drilling and set the stage for possible future repeal by Congress.
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Joe Biden
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Biden
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Interior
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South Carolina
Hugh Hewitt
Tech stocks spark market rise as AI leads gains
U S stocks rebounded with the S&P 500 up 0.6 percent and the Nasdaq up 1.2 percent while the Dow slipped 0.1 percent. Nvidia led AI shares climbing 3.4 percent ahead of CES speeches, and Microsoft rose 1.1 percent as Uber boosted stock buybacks. Real estate lagged, job data and Fed minutes due this week.
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The
Associated Press
Prosecution of Jan 6 cases weighs on Trump return
On the fourth anniversary of the Capitol riot, more than 1,500 people face federal charges. Trials and pleas continue as prosecutors pursue accountability, with leaders of Oath Keepers and Proud Boys convicted of seditious conspiracy.
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Justice Department
U.S. Capitol
Donald Trump
Trump
Merrick Gar
Land
Garland
Capitol
U.S
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