Tag #National Security

nbcnews.com
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Biden Blocks U.S. Steel Acquisition, Faces Lawsuit

President Biden blocked a $14 billion acquisition of U.S. Steel by Japan's Nippon Steel due to national security concerns, prompting lawsuits from U.S. Steel and Nippon Steel against Biden, the United Steelworkers union president, and Cleveland-Cliffs for alleged illegal coordination to block the de...

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aljazeera.com
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US Steel, Nippon Steel Sue Biden Administration Over Blocked Merger

Nippon Steel and US Steel are suing the Biden administration for blocking their \$15 billion merger, alleging political interference by the president, the United Steelworkers union, and a rival steelmaker; the lawsuit claims this cost US Steel jobs and investment.

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apnews.com
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Supreme Court to Decide TikTok's Fate by January 19th

The Supreme Court will hear arguments on January 10th regarding a law that could ban TikTok in the US by January 19th if it doesn't sever ties with its Chinese parent company, impacting millions of users and creators who rely on the platform for income and exposure.

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cbsnews.com
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Trump Administration to Prioritize Interior Deportations, Focusing on Public Safety

Tom Homan, President-elect Trump's border czar, outlines a plan for mass deportations focusing on interior enforcement, prioritizing public safety threats, and addressing challenges posed by sanctuary cities and countries refusing to accept deportees.

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nbcnews.com
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DOJ Urges Supreme Court to Reject Trump's TikTok Delay Request

The Justice Department opposes President-elect Trump's request to delay a law banning TikTok in the U.S. by January 19, 2025, arguing against a temporary injunction and refuting ByteDance's First Amendment claims; the Supreme Court will hear arguments on January 10.

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euronews.com
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Biden Blocks US Steel Acquisition, Citing National Security

President Joe Biden blocked a $15 billion acquisition of US Steel by Nippon Steel, citing national security concerns, despite the companies' claims that the deal would benefit US production and employment and despite support from some conservatives and business groups; the decision comes weeks befor...

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abcnews.go.com
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U.S. Steel, Nippon Steel Sue Biden Administration Over Blocked Merger

U.S. Steel and Nippon Steel sued the Biden administration on Monday for blocking their $14 trillion merger, alleging that the decision was politically motivated to benefit the United Steelworkers union and that the administration used national security concerns as a pretext; shares of U.S. Steel and...

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abcnews.go.com
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Supreme Court to Decide TikTok's Fate by January 19th

The Supreme Court will rule on January 10th on a law that could ban TikTok in the US by January 19th if it is not severed from its Chinese parent company, ByteDance, impacting 170 million monthly users and potentially causing significant economic consequences for creators and businesses.

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dw.com
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US Congress Orders ByteDance to Sell TikTok by January 19th

Facing a potential US ban by January 19th, 2025, ByteDance must sell TikTok to an American buyer, as mandated by the US Congress due to concerns over data security and potential Chinese government influence; the company appealed to the Supreme Court, which will rule on January 10th.

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cnbc.com
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DOJ Urges Supreme Court to Reject Trump's Request to Delay TikTok Ban

The U.S. Department of Justice asked the Supreme Court to reject President-elect Trump's request to delay a law banning TikTok or forcing its sale by January 19, 2025, citing national security concerns over data collection on 170 million Americans and China's efforts to undermine U.S. interests; the...

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kathimerini.gr
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US Rejection of Nippon Steel Bid Underscores Shifting Dynamics of Japanese Investment

The US rejection of Nippon Steel's $15 billion bid to acquire US Steel, due to national security concerns, highlights the complex dynamics of Japanese investment in the US, driven by challenges in China and a need for diversification despite political risks.

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pt.euronews.com
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Biden Blocks US Steel Acquisition, Raising FDI Concerns

President Joe Biden controversially blocked Japan's Nippon Steel's nearly \$15 billion acquisition of Pittsburgh-based US Steel, citing national security concerns despite a lack of public evidence, prompting condemnation from both companies and raising concerns about future US-Japan relations and fo...

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