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US Steel and Nippon Steel sue over Biden’s decision to block merger
Nippon Steel and US Steel filed suit Monday over US President Joe Biden’s decision to block the Japanese giant’s proposed acquisition of its American rival, accusing his administration of “illegal interference” in the huge transaction.The companies said in a statement that they had initiated legal action in the US court of appeals in Washington challenging …
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US, European markets mostly rise as Trump tariff plans in question
US and European markets mostly rose Monday following a report — strongly denied by US President-elect Donald Trump — that his incoming administration was mulling applying tariffs more selectively than he had previously suggested.While the Dow fell on Wall Street, both the S&P 500 and the Nasdaq Composite closed higher, as investors plowed money into the semiconductor …
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