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U.S. stock market to close Jan. 9 on Carter’s day of mourning
The U.S. stock markets will close Jan. 9, in observance of a national day of mourning for former President Jimmy Carter.
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China hits dozens of U.S. companies with trade controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.
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Biden blocks takeover bid of U.S. Steel by Japan’s Nippon
President Biden said he was moving to protect national security in deciding the fate of the company, which became a political issue in an election year.
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Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
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Carter’s complicated economic legacy with Seattle and WA
Jimmy Carter never won Washington's electoral votes, but the state and Seattle benefited from his presidency. Jon Talton looks at the former president's legacy.
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China protests US sanctions for its alleged role in hacking, complains of...
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure.
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Nippon, US Steel file suit against Biden administration, union, and rival...
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
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Jeju Air’s problems mount after crash that killed 179 people
South Korea’s leading low-cost carrier, heavy with debt and its stock already near record lows, is now facing intense public and government scrutiny.
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Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel.
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Chinese tech companies Tencent, CATL and others protest US listings as...
The U.S. Defense Department has added major Chinese technology companies including gaming and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker...
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Here are some of China’s New Year resolutions to boost its economy
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.
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Longshoremen reach tentative agreement with ports, shippers, averting a...
U.S. longshoremen have reached a contract agreement with ports and shippers, averting a potential strike that could have damaged the American economy.
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US ‘notorious markets’ report warns of risks from online pharmacies
An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are being...
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Cocoa jumps as market weighs Hershey’s push for huge exchange buy
The market has been trying to assess the reasoning behind Hershey's request, which equates to about 5,000 20-foot containers. That's more than nine times the amount the exchange allows.
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Trump’s mass deportation promises economic pain and cruelty
The president-elect vows to force millions of undocumented immigrants from the United States. The results are unpredictable at best, Jon Talton writes.
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Biden’s administration proposes new rules on exporting AI chips, provoking an...
The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about...
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A new rival bid for US Steel is emerging as the US extends deadline on...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.
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China weighs sale of TikTok U.S. to Musk as a possible option
Chinese officials are evaluating a potential option that involves Elon Musk acquiring TikTok's U.S. operations if it fails to fend off a controversial ban.
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US steps up Russia sanctions, placing threat of more sanctions on businesses...
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts in Ukraine.
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SEC accuses Musk of cheating Twitter investors out of millions
Elon Musk cheated Twitter shareholders by waiting too long to disclose his growing stake in the company, the U.S. Securities and Exchange Commission claims.
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