How TikTok Evaded a Ban Again and Again, Until Now
|

How TikTok Evaded a Ban Again and Again, Until Now

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In mid-2023, TikTok had just eluded an effort in Congress to ban the video app, the latest Houdini-like escape for the young tech company. For several years, during both Republican and Democratic administrations, lawmakers and officials had trained their sights on the app,…

U.S. Oil Production Is Booming. Oil Jobs Are Not.
|

U.S. Oil Production Is Booming. Oil Jobs Are Not.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract,…

Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
|

Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision to block its acquisition by a Japanese company. Lourenco Goncalves, the chief executive of an American competitor, Cleveland-Cliffs, said…

Constellation Energy to Buy Power Producer Calpine
|

Constellation Energy to Buy Power Producer Calpine

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for $16.4 billion. The deal reflects the key role that natural gas is likely to play in meeting fast-rising U.S. electricity demand. The cash-and-stock deal, announced…

U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
|

U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it had agreed to a takeover by Nippon Steel, a Japanese rival, in a bid to ward off obsolescence. Citing the…

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
|

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit,…

Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
|

Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As signs emerged that President Biden was gearing up to stop the Japanese steel maker Nippon Steel from acquiring Pittsburgh-based U.S. Steel, top Japanese officials repeatedly warned that quashing the merger would hinder economic ties between the allies. Japan’s biggest business lobby, Keidanren,…

Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance

Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance

Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters. The deal, announced in February, has been expected by experts to face intense scrutiny…