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.
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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.
Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.
The EU wants everyone to know it has no intention of genuflecting toward a new Trump administration and won’t stop doling out Big Tech fines.
After a brief blackout period from late Saturday, TikTok began restoring services to US users on Sunday morning.