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Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel

Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.

January 3, 2025

Treasury Breach Adds to US-China Cybersecurity Tension

News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.

January 2, 2025

Nippon Steel Offers Biden Veto Power to Win US Steel Deal

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

January 2, 2025

Tesla Cybertruck Catches Fire Outside Trump Hotel, Killing One

LAS VEGAS — One person died and seven others were hurt Wednesday when a Tesla Cybertruck caught fire and exploded outside President-elect Donald Trump’s Las Vegas hotel.

January 1, 2025

Tesla Semi Crash, Fire Mark NTSB’s First EV Truck Case

In its first accident probe of an electric-battery heavy truck, NTSB is examining the Aug. 19 crash of a 2024 Tesla Semi that burned to the ground after it veered off the road and struck a tree.

December 30, 2024

States Acting to Curb Nuclear Verdicts Across US

Per the U.S. Chamber of Commerce, frivolous lawsuits are estimated to cost the average U.S. household more than $4,000 per year, as measured in tort costs incurred by each state.

December 27, 2024

NHTSA Closes Investigation Into Ford Focus Recalls

Government safety regulators said Dec. 23 they have closed an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns.

December 23, 2024

Pennsylvania Provides $55M to Boost Freight Rail Projects

HARRISBURG, Pa. — Thirty rail freight improvement projects are slated to share $55 million as part of efforts by Gov. Josh Shapiro’s administration to boost infrastructure and economic growth.

December 23, 2024

NHTSA Issues Final Rule Authorizing Whistleblower Payments

Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.

December 20, 2024