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U.S. President Joe Biden plans to express concern over Nippon Steel's proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter said on Wednesday, pushing the U.S. company's stock nearly 13% lower on bets the deal could face greater political opposition.
PALO ALTO, U.S. -- The U.S. House of Representatives is set to vote on a bill Wednesday that would ban TikTok in the country unless its ties with Chinese parent company ByteDance are cut within six months. The legislation faces an unlikely but powerful opponent: former President Donald Trump, who once tried to ban the video app himself.
Former President Donald Trump has secured enough delegates to seal the Republican presidential nomination, NBC News projects, setting up a 2024 rematch with President Joe Biden, who clinched the Democratic nomination earlier Tuesday night.
WASHINGTON (Reuters) -- Five U.S. labor unions on Tuesday filed a petition with the office of U.S. Trade Representative Katherine Tai requesting a probe into China's alleged unfair policies and practices in the maritime logistics and shipbuilding sectors, the USTR office said.
(Reuters) -- President Joe Biden won enough delegates on Tuesday to seal the Democratic Party's nomination, with a face-off against former President Donald Trump looming in what would be the first U.S. presidential election rematch in nearly 70 years.
In the pitched battle between TikTok and Washington, few people stand to lose more than Jeff Yass, an American billionaire options trader who has emerged in recent years as a major donor to Republican candidates and causes.
President Joe Biden clinched the Democratic presidential nomination Tuesday, NBC News projects,winning a majority of the necessary delegates and setting up what is expected to be a bitter, closely contested rematch with Donald Trump.
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