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Nippon Steel
Senators urge White House to investigate Nippon Steel ties to China
...All three senators are from states where the United Steelworkers union has a large presence....
April 2, 2024
Artificial intelligence
Microsoft to invest $1.5bn in Abu Dhabi AI group G42
...The deal has required negotiation with the Biden administration, amid concern from US lawmakers about G42’s links to China including whether the data of American citizens could be passed to the Chinese government...
April 16, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
United Steelworkers
Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’
...Yet when President Joe Biden visited on Wednesday, his only stop was to the headquarters of the United Steelworkers....
April 18, 2024
Michael Strain
Protectionism is running amok in the US
...But the merger is opposed by the United Steelworkers labour union....
March 18, 2024
Baltimore
Big ships, big problems
...(In the interest of accuracy we are reckoning in the same feet used by American charts and the Corps of Engineers.) The Chief’s Report was only a recommendation....
March 28, 2024
The FT ViewThe editorial board
The contrasting tales of TikTok and Nippon Steel
...In raising concerns over the deal Biden did not refer to national security, speaking only of the need to maintain “strong American steel companies powered by American steel workers”....
March 19, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexUS politics & policy
President Biden’s US Steel intervention clashes with call for rules-based order Premium content
...The United Steelworkers labour union, which represents more than 1mn workers, preferred a domestic bidder, Cleveland Cliffs, during the 2023 US Steel auction....
March 14, 2024
FT Magazine
Battle for the American West
...A United Airlines flight crashed here in 1946, just below the summit. This is harsh and spare country, but laid atop it is an invisible and precise geometry. This is graph-paper wilderness....
April 13, 2024
Space industry
Are investors prepared for *checks notes* nuclear war in space?
...Especially in the United States....
February 23, 2024
US trade
Biden declares opposition to Nippon Steel takeover of US Steel
...“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said....
March 15, 2024
Airlines
US airlines under fire for raising baggage fees again
...United and American also wrote letters in January 2023 to oppose the rule, saying they already furnished consumers with information on fees....
March 10, 2024
Anglo American PLC
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
April 25, 2024
How To Spend It In...
Louis Sarkozy’s guide to Washington DC
...It holds the everlasting promise of the American dream....
April 24, 2024
US politics & policy
Biden set to voice concerns over Nippon Steel takeover of US Steel
...It’s worth noting that Japan is the largest foreign investor in the United States, directly employing nearly a million American workers....
March 13, 2024
Miami
Miami’s mayor pitches his city as wealth-friendly ‘American Switzerland’
...Ken Griffin, the multi-billionaire who moved his hedge fund Citadel to Miami in 2022, called the city, “a growing metropolis that embodies the American dream”....
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexIndustrial goods
Rush for high voltage connectors will mean more cable hook-ups Premium content
...Just eight of these though are North American, where markets are already highly concentrated....
April 19, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
April 4, 2024
Donald Trump
Trump finds a sympathetic crowd in New York’s Harlem neighbourhood
...Two days ago, he hosted the former American president in his humble bodega. He seemed more sheepish than delighted about all the attention....
April 20, 2024
Due Diligence
Could the ‘trustbusters’ be making a comeback?
...But it quickly couched its bid as a way to create an American national champion in a basic industry. Cleveland had also secured the backing of the United Steelworkers union....
December 19, 2023
LexSemiconductors
Taiwan quake is a reminder of seismic risk to global chip supply Premium content
...Smaller local peer United Microelectronics Corp has also shut down machinery and evacuated staff at certain facilities....
April 3, 2024
Federal Trade Commission US
Employee non-compete ban challenged in court by US business groups
...“Addressing non-competes that curtail Americans’ economic freedom is at the very heart of our mandate, and we look forward to winning in court.”...
April 24, 2024
The Big Read
Formula One’s growing pains
...We need to have American drivers winning races.”...
March 1, 2024
Aerospace & Defence
US political ‘chaos’ shuts Pentagon contractors out of military stocks boom
...A weaker commitment to Nato could damp American defence exports while European governments, already under pressure to spend more on defence and bolster their own capabilities, would have to ensure more of...
March 4, 2024
News in-depthArtificial intelligence
US seeks alliance with Abu Dhabi on artificial intelligence
...The Biden administration is proactively encouraging US tech groups to seek artificial intelligence deals and partnerships in the United Arab Emirates, seeking to cultivate an alliance that would provide...
April 20, 2024
US politics & policy
Nippon Steel takeover of US Steel faces opposition in Washington
...But Biden supported “steelworkers’ commitment to protecting American manufacturing that supports . . . sustaining union jobs”, she said....
December 19, 2023

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