WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed to NBC News. The storied American firm announced in December that it had agreed to be purchased by the Japanese-owned conglomerate, saying it was necessary for U.S. Steel’s evolution in ...
A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors. In August, a judge ruled that Google has held a monopoly in internet search, marking the biggest antitrust ruling in the tech industry since the case against Microsoft more than 20 years ago. This time, Google is defending ...
Michel Barnier, the EU’s former chief Brexit negotiator, has been named France’s new prime minister, the French president’s office says, ending two months of stalemate following inconclusive parliamentary elections. In a statement on Thursday, the Élysée Palace said: “The President of the Republic has appointed Michel Barnier as Prime Minister. He has to form a united government to serve the ...
Israeli Prime Minister Benjamin Netanyahu on Thursday was as clear as he has ever been about how he views a ceasefire and hostage agreement with Hamas. “There’s not a deal in the making,” he told Fox News. “Unfortunately, it’s not close.” “It’s exactly inaccurate. There’s a story, a narrative out there, that there’s a deal out there.” Hamas “don’t agree ...
Two loggers have been killed by bow and arrow after allegedly encroaching the land of the uncontacted Mashco Piro Indigenous tribe deep in Peru’s Amazon, according to a rights group. The group, known as FENAMAD, defends the rights of Peru’s Indigenous peoples. It says tensions between loggers and Indigenous tribes are on the rise and more government protective action is ...
Russian President Vladimir Putin raised eyebrows Thursday when he expressed his support for US Vice President Kamala Harris’ presidential bid, flattering the Democratic nominee with some curiously timed remarks. “Our ‘favorite,’ if you can call it that, was the current president, Mr. [Joe] Biden. But he was removed from the race, and he recommended all his supporters to support Ms. Harris. Well, we will ...
Initial autopsies of four of the seven victims who died when a superyacht sank in a storm in Italy last month show they died of “dry drowning,” according to authorities. The phenomenon, also known as “atypical drowning,” means they had no water in their lungs, tracheas or stomachs, said a spokesperson for the lawyer of the captain of the Bayesian, which ...
Pope Francis has repeated his divisive comments that in some countries people prefer having pets to children, a message that has struck a chord with many conservatives around the world. The idea has re-entered the American political dialogue in the wake of a resurfaced clip of now-Republican vice-presidential candidate JD Vance criticizing some prominent Democrats as “childless cat ladies.” Vance, who ...
“It reduced the threat of an enemy offensive. We prevented them from acting. We moved the fighting to the enemy’s territory so that [the enemy] could feel what we feel every day,” Syrskyi said, in a rare interview that offered a candid assessment of the war. Last month, Ukrainian forces stormed into Kursk in a cross-border incursion that caught even ...
At least 17 students have been killed and 14 injured following a fire in an elementary school dormitory in central Kenya. The inferno occurred late Thursday at the Hillside Endarasha Academy in Kieni, in the country’s Nyeri county, Resila Onyango, a spokesperson for the Kenya National Police Service said. She added their bodies had been “burnt beyond recognition.” She was ...