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The Latest Breaking News from CFIUS

The rise - and potential fall - of TikTok in the US

TikTok arrived in the U.S. almost 6 1/2 years ago

The Independent UK

Biden Administration Extends Deadline For Nippon Steel Acquisition

Biden Administration extends deadline for Nippon Steel's bid to acquire U.S. Steel, facing national security concerns and industry implications.

Top News

Chinese hackers target US Treasury computers used for sanctions — Committee on Foreign Investment specifically targeted

Chinese hackers gained access to an unclassified CFIUS system.

Tom’s Hardware

From analysis to the latest developments in health,
read the most diverse news in one place.

Chinese Hackers Breach US Government Office, Raising National Security Concerns

Chinese hackers breach US government office, raising national security concerns and tensions with China. Cybersecurity remains critical in US-China relations.

Top News

Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career

It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.

Reason

Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel

President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned

The Guardian - US

President Biden To Block .3B US Steel Deal

President Biden's decision to block the acquisition of US Steel by Nippon Steel raises national security concerns and highlights the importance of American...

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Biden blocks Nippon purchase of US Steel - Roll Call

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed the deal.

Roll Call

Nippon Steel-U.S. Steel Merger Poses No National Security Threat

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

Reason

US-Japan steel deal goes to Biden for final decision after panel deadlocks

Committee on Foreign Investment in the US fails to agree on national security risks of proposed takeover of US Steel.

Al Jazeera

Biden will decide on US Steel acquisition after influential panel fails to reach consensus

A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel

The Independent UK

US Panel Could Not Reach Consensus On US-Japan Steel Deal: Nippon

A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.

International Business Times

Nippon Steel Slams 'Inappropriate' Politics In US Deal

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.

International Business Times

Trump’s USDA pick could focus on foreign investments in agricultural land - Roll Call

Brooke L. Rollins is poised to tackle foreign investments in U.S. agricultural land if confirmed as Agriculture secretary.

Roll Call

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International Business Times

Nippon Steel Makes Anti-Import Vow To Save US Steel Deal Amid New Tariffs

The Japanese steelmaker aims to complete the takeover of United States Steel Corp before President-elect Donald Trump, who had vowed to block the acquisition during his campaign, assumes office in January.

Tom’s Hardware

Cerebras may postpone IPO as US government investigates potential AI tech transfer to China

A delayed CFIUS review of G42 investments in Cerebras may delay the latter's IPO.

The Guardian - US

Pennsylvania steel workers, wooed by Harris and Trump, remain skeptical

The future of US Steel hangs in the balance amid a proposed sale to Japan’s Nippon, which both candidates have vowed to block

Latin Times

US Steel CEO Says Sale To Nippon Must For Company To Succeed, Save Jobs

Dismissing national security concerns, David Burritt said once the deal is finalized, the Japanese company will have to abide by U.S. trade laws. He added that the board will predominantly consist of U.S. citizens overseeing operations.

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International Business Times

US Steel CEO Says Sale To Nippon Must Happen For Company To Succeed, Save Jobs

International Business Times

Decision on US Steel takeover by Nippon delayed until after election

The Biden administration granted the request of Nippon Steel for an extended review on the planned takeover of U.S. Steel.

International Business Times

Businesses Warn Yellen On 'Political Pressure' Over US Steel Sale

Major Japanese and American business groups have urged US Treasury Secretary Janet Yellen not to succumb to political pressure when reviewing Nippon Steel's proposed acquisition of United States Steel.

International Business Times

Biden Expected To Block Nippon Steel Deal; US Steel Shares Plunge

Amid the ongoing issue, U.S. Steel CEO David Burritt warned that if the acquisition isn't pushed through, thousands of U.S. union jobs could be at risk.

TechRadar

T-Mobile fined $60 million over unauthorized data access

Data breaches following T-Mobile’s acquisition of Sprint have resulted in an eye-watering and record-breaking fine.

Top News

U.S. Expands Review Of Land Sales Near Military Sites

U.S. government expands CFIUS oversight to include land sales near military sites for national security, with recent focus on Chinese investments.

The Independent UK

U.S. to expand control of land sales to foreigners near 56 additional military sites

New Treasury rulemaking would expand the U.S. Committee on Foreign Investment in the United States’ jurisdiction to review land sales near 56 additional military sites, bringing the overall number to 227

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