How TikTok Evaded a Ban Again and Again, Until Now

How TikTok Evaded a Ban Again and Again, Until Now

In mid-2023, TikTok had just eluded an effort in Congress to ban the video app, the latest Houdini-like escape for the young tech company. For several years, during both Republican and Democratic administrations, lawmakers and officials had trained their sights on the app, saying its Chinese ownership posed a national …

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U.S. Oil Production Is Booming. Oil Jobs Are Not.

U.S. Oil Production Is Booming. Oil Jobs Are Not.

For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract, transport and process these fossil fuels employ …

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Will China Let Elon Musk Buy TikTok?

Will China Let Elon Musk Buy TikTok?

What a plan B might look like As TikTok faces a countdown to a potential ban in the United States, Chinese officials are reportedly weighing an unexpected plan B: letting Elon Musk take over the popular video platform. On paper, such an arrangement makes sense, given Beijing’s existing ties to …

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U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it had agreed to a takeover by Nippon Steel, a Japanese rival, in a bid to ward off obsolescence. Citing the need to finance a costly modernization of …

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U.S. Steel and Nippon Sue Biden Over Decision to Block Merger

U.S. Steel and Nippon Sue Biden Over Decision to Block Merger

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit, filed in a federal court in Washington, …

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The Fallout from U.S. Steel

The Fallout from U.S. Steel

The end of a troubled takeover bid President Biden is set to officially block Nippon Steel’s $14 billion takeover of U.S. Steel as soon as Friday, most likely putting an end to an industrial megadeal that ran up against widespread political opposition. But the decision could set off a cascade …

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