Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

By FATIMA HUSSEIN The Associated Press WASHINGTON Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout. In moving to…

Read More
tagreuters.com2025binary_LYNXMPEL050KG-BASEIMAGE

US factory orders fall in November

WASHINGTON (Reuters) – New orders for U.S.-manufactured goods fell in November while business spending on equipment appeared to have slowed in the fourth quarter, government data showed on Monday. Factory orders dropped 0.4% after an upwardly revised 0.5% gain in October, the Commerce Department’s Census Bureau said. Economists polled by Reuters had forecast factory orders…

Read More
Amorepacific named CES 2025 Innovation Award Honoree for generative AI-based makeup application

Amorepacific Named CES 2025 Innovation Award Honoree

Generative AI-based makeup application captures company’s sixth consecutive win at CESAlso unveils new technology with Samsung Electronics, along with latest makeON skincare device LAS VEGAS, Jan. 6, 2025 /PRNewswire/ — Amorepacific has been named a CES 2025 Innovation Award Honoree for its generative AI-based makeup application, ‘WANNA-BEAUTY AI.’ This marks the company’s sixth consecutive CES…

Read More