Business
Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after…
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Politics
Biden’s Push to Cancel Student Debt Surpasses 5 Million Borrowers
The Education Department announced on Monday that it had canceled student loans for more than 150,000 borrowers, bringing the tally of…
Politics
Biden Administration Adopts Rules to Guide A.I.’s Global Spread
The Biden administration issued sweeping rules on Monday governing how A.I. chips and models can be shared with foreign countries, in an…
Politics
Trump and Republicans Cannot Stop Electric Vehicles, Experts Say
To a large extent, the electric vehicle market in the United States runs on Democratic policies. There are federal tax credits for car…
Business
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it…
Politics
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Banks are on a winning streak, one that’s poised to intensify as President-elect Donald J. Trump takes office. Biden-appointed regulators…
Politics
U.A.W. Seeks Union Election at Ford Battery Plant in Kentucky
The United Automobile Workers union is seeking approval from federal labor regulators for a union election among workers at a Ford Motor…
Business
Port Labor Talks Hinge on Deal on Automation
Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of…
Politics
U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
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…
Business
Why Japan Won’t Stop Trying to Invest in the U.S.
As signs emerged that President Biden was gearing up to stop the Japanese steel maker Nippon Steel from acquiring Pittsburgh-based U.S.…
News
The Fallout from U.S. Steel
The end of a troubled takeover bid President Biden is set to officially block Nippon Steel’s $14 billion takeover of U.S. Steel as soon as…