Tag - joe-biden

 
 

JOE BIDEN

U.S. President Joe Biden’s decision will further burnish his climate credentials, deepening his record of fostering conservation and zero-emission energy.
WORLD / Politics
Jan 4, 2025
Biden to ban new oil drilling over vast stretch of U.S. Atlantic and Pacific waters
The move represents a sweeping effort to permanently protect coastal waters from fossil fuel development and the risk of oil spills.
An entrance sign for Nippon Steel's East Nippon Works Kashima Area facility is pictured in Kashima, Ibaraki Prefecture, last month.
BUSINESS / Companies / ANALYSIS
Jan 4, 2025
Nippon Steel rejection shows national security means whatever you want
Experts and former officials say the decision signals how sharply the U.S. has turned away from the principles of globalization.
U.S. President Joe Biden decided Friday to block the proposed $14.9 billion purchase of U.S. Steel by Japan's Nippon Steel, with the firms blasting the decision, calling it a "clear violation of due process" and a political move, and vowing to "take all appropriate action" to protect their legal rights.
BUSINESS / Companies
Jan 4, 2025
Biden blocks Nippon Steel’s $14.1 billion takeover of U.S. Steel
The two firms blasted the decision, calling it a "clear violation of due process" and a political move, and saying they would "take all appropriate action" in response.
The path forward for the Nippon Steel-U.S. Steel deal is unclear. The companies could sue the U.S. government, another buyer could swoop in for U.S. Steel, or Republicans who favor the deal could urge U.S. President-elect Donald Trump to find a way to approve it.
BUSINESS / Companies / FOCUS
Jan 4, 2025
What's next for the Nippon Steel-U.S. Steel deal?
The companies could sue the U.S. government, another buyer could swoop in, or those who favor the deal could urge Trump to find a way to approve it.
A bottle line packaging production worker at the Coors brewery in Golden, Colorado, takes Coors Light cases off the line for label inspection.
WORLD / Science & Health
Jan 4, 2025
U.S. surgeon general urges cancer warnings for alcoholic drinks
The move could signal a shift toward more aggressive tobacco-style regulation for the sector if adopted.
A relative of the late Mitsuye Endo, a Japanese American who won a court case over her incarceration during World War II, receives the Presidential Citizens Medal from U.S. President Joe Biden on Thursday.
JAPAN
Jan 3, 2025
Biden honors Mitsuye Endo, who fought WWII incarceration
Endo among 20 people who received the civilian medal that is awarded to U.S. citizens who have performed exemplary deeds of service for their country.
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan, in September.
BUSINESS / Companies
Jan 3, 2025
Biden to block U.S. Steel sale to Nippon Steel, source says
Biden's call to block the deal was taken despite contrary efforts by some senior advisers concerned that it could hurt U.S.- Japan relations.
Police tape and vehicles are seen on Canal Street and Bourbon Street in New Orleans, where a pickup truck barreled through a crowd on Wednesday, killing at least 15 and injuring scores others.
WORLD / Crime & Legal
Jan 2, 2025
Attacks in New Orleans and Las Vegas rattle U.S. over security threats
Investigators are searching for possible links between the two events, which come less than a month before Donald Trump is sworn in as president.
The Nippon Steel logo is displayed at the company's headquarters in Tokyo in April.
BUSINESS
Jan 1, 2025
Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval
The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity.
U.S. President Joe Biden (right) meets with Ukrainian President Volodymyr Zelenskyy at the White House in Washington on Sept. 26.
WORLD / Politics
Dec 31, 2024
Biden announces $5.9 billion for Ukraine amid final aid push
The military aid includes $1.25 billion in so-called Presidential Drawdown Authority, which pulls weapons and ammunition from U.S. stockpiles.
U.S. President Joe Biden
WORLD
Dec 30, 2024
Biden announces $2.5 billion in fresh military aid to Ukraine
Biden's announcement includes $1.25 billion in military aid drawn from U.S. stockpiles and a $1.22 billion Ukraine Security Assistance Initiative package.
North Korean leader Kim Jong Un attends a meeting of the country's ruling party in Pyongyang in this photo released Sunday.
ASIA PACIFIC / Politics
Dec 29, 2024
North Korea launches 'toughest' U.S. strategy at key party meeting
In a signal to U.S. President-elect Donald Trump, North Korea has used a key party meeting overseen by leader Kim Jong Un to announce its “toughest” ever strategy to counter the United States, Pyongyang's state-run media said Sunday.
In Joe Biden’s four years as president, the U.S. outperformed virtually every other advanced economy in terms of output, employment and productivity growth.
COMMENTARY / World / The Year Ahead
Dec 29, 2024
An economic requiem for the Biden administration
Now that the outgoing U.S. president’s term is about to expire, an elegy is in order for his administration's economic achievements, failures and missed opportunities.
U.S. President-elect Donald Trump filed a brief on Friday urging the Supreme Court to pause a law that would ban TikTok the day before his Jan. 20 inauguration if it is not sold by its Chinese owner ByteDance.
BUSINESS / Tech
Dec 28, 2024
Trump asks Supreme Court to pause law threatening TikTok ban
Trump said the court should give him time after his Jan. 20 inauguration to "seek a negotiated resolution” of the dispute over the social media platform.
U.S. National Security Council spokesman John Kirby speaks during a briefing at the White House in Washington earlier this month.
ASIA PACIFIC
Dec 28, 2024
North Koreans see mass casualties on Ukraine front lines, U.S. says
About a thousand North Korean troops were killed or wounded in the last week alone in Russia's Kursk region, U.S. officials say.
U.S. Steel workers who support the takeover by Nippon Steel rally outside the company's headquarters in Pittsburgh, Pennsylvania, in September.
EDITORIALS
Dec 27, 2024
Rejecting the Nippon Steel bid is a slap in the face to Japan
Nippon Steel has not given up and continues to lobby U.S. officials and steelworkers, arguing the deal would grow U.S. Steel, protect jobs, and strengthen the industry.
Nippon Steel's headquarters in Tokyo. The Japanese steelmaker said Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel to the first quarter of 2025.
BUSINESS / Companies
Dec 26, 2024
Nippon Steel extends closing date for U.S. Steel acquisition
The estimated closing date has been revised to the first quarter of 2025.
This is set to be the first time Toyota will donate to a U.S. inauguration ceremony.
BUSINESS / Companies
Dec 25, 2024
Toyota to donate $1 million to Trump’s inauguration ceremony
President-elect Trump says he plans to impose a 25% tariff on all imports from Mexico, triggering concerns from automakers that rely on Mexican production for the U.S. market.
U.S. President Joe Biden speaks in Washington on Dec. 10.
WORLD / Politics
Dec 24, 2024
Biden launches new Chinese chip trade probe, which will be handed off to Trump
The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports.
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
BUSINESS / Companies
Dec 21, 2024
Nippon Steel alleges undue White House influence on doomed deal review
The accusation was made in a Dec. 17 letter, signed by counsel for Nippon Steel and U.S. Steel, to the Committee on Foreign Investment in the United States.

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