(Reuters) - President Donald Trump on Monday directed the Committee on Foreign Investment in the United States to review the acquisition of U.S. Steel by the buyers to assist me in determining whether further action in this matter may be appropriate. The news gave hope to investors that the Trump administration was considering greenlighting Nippon Steel's bid for U.S. Steel...

10:49 AM EDT, 04/07/2025 (MT Newswires) -- Ford Motor ( F ) , General Motors ( GM ) , Stellantis ( STLA ) , and other automakers could be impacted by a potential 1.8 million drop in vehicle sales in North America this year, Reuters reported Monday, citing a forecast from Telemetry. If current tariffs remain in place through 2035,...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

10:49 AM EDT, 04/07/2025 (MT Newswires) -- US Steel (X) shares jumped past 10% in recent Monday trading after President Donald Trump said he wants a new review of Nippon Steel's proposed buyout of the company by the Committee on Foreign Investment in the US to determine whether any measures proposed by the parties are sufficient to mitigate any national...