President-elect Donald Trump has pledged to block the sale of U.S. Steel to Japan’s Nippon Steel, proposing tax incentives and tariffs to preserve the historic American company. Nippon Steel offered $15 billion for the acquisition, but Trump declared his opposition, citing economic and national security concerns.
A Delaware court upheld its decision to block Tesla’s 2018 compensation plan for CEO Elon Musk, valued at over $100 billion today. Chancellor Judge Kathaleen McCormick ruled on Monday that the compensation package was improperly approved, despite overwhelming shareholder support.
Lindy Li, a prominent Democrat megadonor and former member of the DNC finance committee, has raised serious concerns about the handling of campaign funds by the Kamala Harris presidential campaign.
California officials, led by Sen. Alex Padilla, D-Calif., have reaffirmed the state’s commitment to providing legal defense for undocumented immigrants facing deportation, even as President-elect Donald Trump prepares to implement stricter immigration policies. Trump has pledged mass deportations targeting the estimated 2.7 million illegal immigrants residing in California, prompting state leaders to bolster support for deportation defense.
NATO has inaugurated an amphibious warfare center in Sørreisa, Norway, near Russia's Arctic border, to enhance defense capabilities amid escalating tensions with Moscow. This facility provides specialized training for U.S., British, and Dutch forces, improving their ability to conduct operations in Arctic conditions.
Chicago residents are voicing their dissatisfaction as the city grapples with a billion-dollar budget deficit. During a city council meeting Monday, public comments reflected growing frustrations with Mayor Brandon Johnson’s policies, particularly his approach to sanctuary city initiatives and proposed tax increases.
Washington state lawmakers have long warned of the potential for a budgetary crisis during an economic downturn, even as the state experienced record-breaking revenue growth over the past decade. Today, those warnings have some merit, as the state faces an estimated $10 billion to $12 billion deficit despite maintaining all-time high revenue levels.
The Harris campaign continues sending fundraising emails weeks after Vice President Kamala Harris lost to President-elect Donald Trump in the 2024 election. The emails urge supporters to contribute to the "Harris Fight Fund," citing the need to "fight back and hold [Trump] accountable." The emails come amidst the surmounting debt the campaign accrued totaling a whopping $20 million.
In a controversial move just ahead of the Thanksgiving holiday, the Biden administration announced it would end future coal leasing in the Powder River...
