Tag - joe-biden

 
 

JOE BIDEN

Nippon Steel CEO Eiji Hashimoto speaks to reporters about its lawsuit against the U.S. government on Tuesday.
BUSINESS / Companies
Jan 7, 2025
Nippon Steel committed to long-shot lawsuit against U.S. government
Eiji Hashimoto, the steelmaker’s CEO, says he is convinced that litigation is the “best course of action” in response to the blocking of its acquisition of U.S. Steel.
U.S. Secretary of State Antony Blinken shakes hands with Foreign Minister Takeshi Iwaya at the start of their working lunch at a hotel in Tokyo on Tuesday.
JAPAN / Politics
Jan 7, 2025
Blinken in final Japan visit as Trump’s return weighs on Tokyo’s mind
The top U.S. diplomat sought to reassure Tokyo that the U.S.-Japan alliance will remain robust even after Donald Trump returns to the White House in less than two weeks.
Nippon Steel and U.S. Steel sued the U.S. government Monday for blocking the merger of the two companies.
BUSINESS / Companies
Jan 7, 2025
Nippon Steel and U.S. Steel sue U.S. government for blocking deal
The suit argues that the two companies were denied due process and that the $14.9 billion transaction was blocked for political reasons.
Some people are questioning the U.S. decision to block Nippon Steel’s takeover of U.S. Steel, citing the lack of clear evidence of any national security risk from Japan — a country that hosts over 50,000 U.S. troops and relies on America for defense.
COMMENTARY / Japan
Jan 7, 2025
Biden’s Nippon Steel move: A troubling snub of a key ally
Preventing the takeover of U.S. Steel is bad enough. Declaring Japan a national security risk is worse.
U.S. Vice President Kamala Harris hits the gavel after reading the vote totals as Speaker of the House Mike Johnson looks on during of a joint session of Congress to certify the results of the 2024 presidential election, inside the House Chamber at the U.S. Capitol on Monday in Washington.
WORLD / Politics
Jan 7, 2025
U.S. lawmakers certify Trump win, four years after Capitol riot
The formality was remarkable for its contrast to four years ago, when the Republican summoned a mob to Washington that ransacked the U.S. Capitol.
Enrique Tarrio, leader of the Proud Boys, lights a protective face mask on fire during a rally in support of President Donald Trump in Atlanta, in 2020.
WORLD / Politics
Jan 7, 2025
On anniversary of U.S. Capitol attack, Proud Boys ex-leader asks Trump for pardon
1,583 people have been charged with a crime connected to the siege of the Capitol, with about 1,100 of those cases fully adjudicated, according to the U.S. Justice Department.
Nippon Steel had touted the takeover of U.S. Steel as a lifeline for a company that is long past its heyday, but opponents warned that the Japanese owners would slash jobs.
JAPAN
Jan 6, 2025
Ishiba warns blocked U.S. Steel deal could impact investments
Prime Minister Shigeru Ishiba said that U.S. President Joe Biden’s decision had sparked worries over future Japanese investments in the world’s largest economy.
U.S. Secretary of State Antony Blinken is shown around by South Korean Foreign Minister Cho Tae-yul during a working luncheon at the Foreign Ministry in Seoul on Monday.
ASIA PACIFIC / Politics
Jan 6, 2025
Blinken fends off questions over U.S. stance on South Korea turmoil
The United States “has confidence in the resilience of South Korea’s democracy and the strength of its institutions,” the U.S. Secretary of State said in Seoul.
U.S. President Joe Biden meets with President-elect Donald Trump in the Oval Office of the White House on Nov. 13. Trump’s presidency is expected to disrupt U.S. energy transition efforts through weakened policies and heightened trade tensions.
COMMENTARY / World
Jan 6, 2025
Can Biden’s green boom survive Trump’s wrecking ball?
The incoming administration of U.S. President-elect Donald Trump promises to undo at least some of the progress made on decarbonization under President Joe Biden.
A drone view shows Gary Works, the largest integrated steel mill in the U.S., which is operated by U.S. Steel, in Gary, Indiana, on Dec. 12.
BUSINESS / Companies
Jan 6, 2025
Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street
The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
U.S. Steel's Edgar Thomson Steel Works in Braddock, Pennsylvania, in December 2019. The Biden administration blocked the $14 billion takeover of U.S. Steel by Nippon Steel on Friday, citing grounds that the sale posed a threat to national security.
BUSINESS / Companies / FOCUS
Jan 5, 2025
Biden’s decision on Nippon Steel deal followed divide in his orbit
The split was emblematic of so many shifts in U.S. policy — including of Biden’s pledge to build trust with allies and the race against China.
U.S. Secretary of State Antony Blinken answers a question from the audience at the Council on Foreign Relations in New York on Dec. 18.
ASIA PACIFIC / Politics
Jan 5, 2025
Blinken wades into political crisis with stop in South Korea
The top U.S. diplomat will seek delicately to encourage continuity with the policies, but not tactics, of impeached President Yoon Suk Yeol.
Hillary Rodham Clinton receives the Medal of Freedom from U.S. President Joe Biden during a ceremony at the White House in Washington on Saturday.
WORLD / Politics
Jan 5, 2025
Biden awards Hillary Clinton, George Soros and others Medal of Freedom
First awarded by President John F. Kennedy, the medal is considered the highest civilian honor a president can bestow.
An Israeli soldier sits atop a tank as it drives into the U.N.-patrolled buffer zone in the Golan Heights, near the Druze village of Majdal Shams, on Dec. 13.
WORLD / Politics
Jan 5, 2025
U.S. plans $8 billion arms sale to Israel
Some of the munitions deliveries could be furnished through current U.S. stock, while the majority would take up to several years to deliver.
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.

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