Economic news(2025/01/04)
US Steel: "Biden's actions are shameful"; Nippon Steel to sue US government
2025-01-04 18:55:00
President Biden has issued an order to block Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer, citing national security concerns. In an unusual move by the president to block an acquisition plan that had been agreed upon between companies of an allied nation, Nippon Steel plans to sue the U.S. government. The CEO of U.S. Steel also issued a statement criticizing President Biden's actions as "shameful."
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Microsoft announces huge investment to build data center for AI development
2025-01-04 12:37:00
As development of AI (artificial intelligence) accelerates, American IT giant Microsoft has announced that it will make a huge investment of over 12.5 trillion yen by the end of June this year in building data centers necessary for development.
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US Steel: "Biden's actions are shameful"; Nippon Steel to sue US government
2025-01-04 11:42:00
President Biden has issued an order to block Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer, citing national security concerns. In an unusual move by the president to block an acquisition plan that had been agreed upon between companies of an allied nation, Nippon Steel plans to sue the U.S. government. The CEO of U.S. Steel also issued a statement criticizing President Biden's actions as "shameful."
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US Steel: "Biden's actions are shameful"; Nippon Steel to sue US government
2025-01-04 10:46:00
Regarding President Biden's injunction against Nippon Steel's planned acquisition of U.S. Steel, a major American steel manufacturer, Nippon Steel has decided to file a lawsuit against the U.S. government, claiming that the injunction violates due process and laws. The CEO of U.S. Steel also issued a statement criticizing President Biden's actions as "shameful."
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President Biden orders blocking Nippon Steel's proposed acquisition of U.S. Steel
2025-01-04 07:59:00
President Biden has announced that he has issued an order to block Nippon Steel Corporation's plan to acquire U.S. Steel, a major American steel manufacturer, citing national security concerns. This will be the first time that a Japanese company's acquisition of a U.S. company has been blocked by presidential order.
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Nippon Steel to sue U.S. government over order banning acquisition of U.S. Steel
2025-01-04 07:34:00
In response to President Biden's injunction against Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer, Nippon Steel has decided to file a lawsuit against the U.S. government, claiming that the injunction violates due process and laws.
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President Biden orders blocking Nippon Steel's proposed acquisition of U.S. Steel
2025-01-04 05:15:00
President Biden has announced that he has issued an order to block Nippon Steel Corporation's plan to acquire U.S. Steel, a major American steel manufacturer, citing national security concerns. This will be the first time that a Japanese company's acquisition of a U.S. company has been blocked by presidential order.
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Nippon Steel to sue U.S. government over order banning acquisition of U.S. Steel
2025-01-04 04:40:00
In response to President Biden's injunction against Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer, Nippon Steel has decided to file a lawsuit against the U.S. government, claiming that the injunction violates due process and laws.
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