The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).
Once the world’s largest corporation, US Steel agreed to sell itself to Japan’s Nippon Steel for just over $14 billion in a deal.
The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.
Mistral is among a clutch of privately held AI startups like OpenAI and Anthropic that have seen valuations soar.
The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet.