Business
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
The ban of TikTok in the United States is set to create a glaring hole in social media. For ByteDance, TikTok’s parent company in China,…
Tag
mergers
Politics
TikTok Makes Last-Minute Push as Supreme Court Is Poised to Rule on Ban
As the Supreme Court was poised on Friday to announce its landmark decision on whether to uphold a law that would effectively ban TikTok…
Business
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion…
News
U.S. Oil Production Is Booming. Oil Jobs Are Not.
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That…
Business
Is Beijing Plotting a Musk Option for TikTok?
What a plan B might look like As TikTok faces a countdown to a potential ban in the United States, Chinese officials are reportedly…
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…
Business
Constellation Energy to Buy Power Producer Calpine
Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for…
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…
Business
Behind Disney’s Deal to Merge Hulu + Live TV and Fubo
Just a week into 2025, the media industry got its first consequential transaction: The Walt Disney Company is buying 70 percent of Fubo,…
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…