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The White House said Thursday that the $14 billion acquisition of US Steel by Japan's Nippon Steel Corp warrants a review by the Treasury Department's Committee on Foreign Investment in the United States.
News

White House suggests US Steel deal deserves ‘serious scrutiny’

Christian Datoc -
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Russian and Chinese flags sit on a table.
News

China and Russia hold ‘strategic consultations’ to strengthen bond, security

Barnini Chakraborty -
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Sen. John Fetterman (D-PA) walks through a basement corridor at the Capitol on the way to a vote in the Senate on Tuesday, Nov. 28, 2023, in Washington.
News

Fetterman joins GOP blasting ‘outrageous’ US Steel sale to Japanese company

Eden Villalovas -
0
United States Steel's Edgar Thomson Plant in Braddock, Pennsylvania, is shown on Feb. 26, 2019. U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. Nippon, which will pay $55 per share for U.S. Steel, said Monday, Dec. 18, 2023, that the deal will bolster its manufacturing and technology capabilities.
Business

US Steel sold to Japanese rival in $14 billion deal

Zach Halaschak -
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President Joe Biden is facing a growing chorus of voices calling on him to pardon U.S. Navy lieutenant Ridge Alkonis, who is facing negligent driving charges in relation to a car accident that killed two Japanese nationals while stationed in Japan.
Defense

Navy officer serving prison sentence in Japan for fatal crash returning to US, family says

Mike Brest -
0
COP28 President Sultan al-Jaber speaks during the opening session at the COP28 U.N. Climate Summit, Thursday, Nov. 30, 2023, in Dubai, United Arab Emirates.
Energy and Environment

Nations agree to launch climate aid fund for vulnerable countries on first day of COP28

Nancy Vu -
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One dead in US military Osprey crash off southern Japan
Defense

One dead in US military Osprey crash off southern Japan

Mike Brest -
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At auction: Adm. John McCain’s relics from World War II
Washington Secrets

At auction: Adm. John McCain’s relics from World War II

Paul Bedard -
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Japan has new island after underwater volcanic eruption
News

Japan has new island after underwater volcanic eruption

Lily Larsen -
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A new book follows Lafcadio Hearn, the historical travel writer who fused the world
Magazine - Life & Arts

A new book follows Lafcadio Hearn, the historical travel writer who fused the world

Diane Scharper -
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