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US

The United States Steel's Clairton Coke Works facility in Clairton, Pennsylvania. In a letter, a group that includes mayors in Pennsylvania and Indiana denounced the head of the United Steelworkers union over his refusal to negotiate in good faith with Nippon Steel its plan to acquire U.S. Steel.
BUSINESS / Companies
Dec 25, 2024
Mayors urge Biden to approve Nippon Steel acquisition of U.S. Steel
A total of 20 people, including the heads of administrative districts where U.S. Steel facilities are located, underlined the importance of the deal to the local communities.
Prime Minister Shigeru Ishiba during a news conference at the Prime Minister's Office on Tuesday
JAPAN / Politics
Dec 25, 2024
Ishiba aims for agreement on corporate political donations by March
While opposition parties are pushing for a ban on such donations, Ishiba has reiterated his opposition to such a move.
Children walk past shelters at a makeshift camp for displaced Palestinians in the Nahr al-Bared area of Khan Yunis, in the southern Gaza Strip, on Dec. 9.
COMMENTARY / World / The Year Ahead
Dec 25, 2024
Will stability rise from the Middle East rubble?
If done well, focusing on ending ongoing conflicts and building a basis for stability and security will reestablish a foundation for peacemaking.
Toyota's business is feeling the strain of intense competition over hybrid cars in the U.S. and locally made electric vehicles in China.
BUSINESS / Companies
Dec 25, 2024
Toyota sales stagnate as factory glitches compound weaker demand
Vehicle sales totaled 984,348 units last month, the Japanese automaker said Wednesday, down 0.2% year-on-year.
The United Nations headquarters in New York
JAPAN / Politics
Dec 25, 2024
Japan to stay the third-largest U.N. contributor
The share of Japan's contribution to the United Nation's regular budget will drop by about 1 percentage point from the current level to 6.930%.
The danger of overreaction and misinformation in the digital age is real, and authorities must provide clear explanations to prevent tragedies while also addressing legitimate concerns about drones.
COMMENTARY / World
Dec 25, 2024
How to make America's drone panic so very much worse
The weak and ineffective response of government authorities should serve as a lesson in exactly how not to handle such incidents in the digital age.
David Nemecek
BUSINESS
Dec 25, 2024
The star dealmakers remaking the rules of corporate debt
The world of liability management is a small, aggressive and, thus far, male-dominated corner of corporate finance.
People walk around the New York Stock Exchange (NYSE) on December 29, 2023. Investors are more confident about the economy than this time a year ago.
BUSINESS / Markets
Dec 25, 2024
Investors hope for U.S. stock market trifecta in 2025 after boom years
They are eyeing a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump.
Masahiro Kihara, the CEO of Mizuho, Japan’s third-largest lender, is expecting U.S. President-elect Donald Trump to make regulations more business friendly.
BUSINESS / Companies
Dec 24, 2024
Mizuho CEO sees global boom in M&A after Trump takes office
Masahiro Kihara, the CEO of Mizuho, Japan’s third-largest lender, is expecting U.S. President-elect Trump to make regulations more business friendly.
Supporters of the French far-right National Rally party wave French flags on Dec. 15. In Europe this year, the far right made gains in several legislatures, including that of France.
WORLD / Politics
Dec 24, 2024
Democracy heads into 2025 bloodied but unbowed
Overall, there were no attempts this year to prevent a peaceful transfer of power, but autocracies grew more repressive.
Then U.S. Rep. Matt Gaetz runs up the East Capitol stairs as the deadline to avert a partial government shutdown approaches on Capitol Hill in Washington on Sept. 30, 2023.
WORLD / Politics
Dec 24, 2024
Matt Gaetz found to have paid for sex and drugs, and obstructed U.S. Congress
Matt Gaetz was found to have paid $90,000 to 12 women, a substantial portion of which the panel found was likely for either sexual activity or drug use.
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden after a U.S. panel on foreign investments was unable to reach a consensus.
BUSINESS / Companies
Dec 24, 2024
Nippon Steel's bid for U.S. Steel referred to Biden for final decision
Committee on Foreign Investment in the United States referred the bid to the U.S. president after failing to reach a consensus.
U.S. President Donald Trump welcomes Canadian Prime Minister Justin Trudeau at the White House in October 2017. Canada, like other nations in the president-elect's crosshairs, is scrambling to blunt the impact of his threat to implement steep tariffs once he re-takes office.
COMMENTARY / World
Dec 24, 2024
The creep of national security threatens the WTO
In Trump's mind, tariffs are the cure-all for virtually everything that ails the United States.
Singapore's Maersk Taurus container ship transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama on Aug. 12.
WORLD / Politics
Dec 24, 2024
Trump previews combative foreign policy with threats to Panama and Greenland
Defenders of Donald Trump's approach say he is merely a forceful advocate of "America First" policies.
Economic uncertainty has left some U.S. drinkers looking for ways to rein in their booze spending, according to three of the largest U.S. spirits distributors.
BUSINESS
Dec 24, 2024
Shrinking U.S. bar tabs signal little festive cheer for liquor makers
Some drinkers are switching to cheaper liquor brands and venues or reducing the amount of out-of-home celebrations they attend.
U.S. President Joe Biden speaks in Washington on Dec. 10.
WORLD / Politics
Dec 24, 2024
Biden launches new Chinese chip trade probe, which will be handed off to Trump
The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports.
U.S. President-elect Donald Trump attends Turning Point USA's AmericaFest in Phoenix, Arizona, on Sunday.
WORLD / Politics
Dec 24, 2024
Trump transition team plans immediate WHO withdrawal, expert says
The plan would mark a dramatic shift in U.S. global health policy and further isolate Washington from international efforts to battle pandemics.
A close up of EV batteries at the production unit of Inobat, a Slovakian battery maker in Voderady, Slovakia, on Dec. 11
BUSINESS / Tech
Dec 23, 2024
After Northvolt, Europe's battery hopes heavily rely on China
The norm in the future may be joint ventures that rely on China's low-margin electric vehicle battery dominance.
Here we go again, a Christmas marked by legal battles, evolving traditions, commercial influence, and debates over greetings.
COMMENTARY / World
Dec 23, 2024
There is no war on Christmas. There are many.
As usual, our holiday cornucopia overfloweth with litigation.
A North Korean soldier watches his South Korean counterparts at the truce village of Panmunjom in the demilitarized zone. South Korea's political crisis, with President Yoon's impeachment, threatens U.S. influence while boosting opportunities for China and North Korea to expand their influence.
COMMENTARY / World
Dec 19, 2024
Beijing and Pyongyang will exploit South Korea's turmoil
The geopolitical landscape in the region may soon become less friendly to the U.S.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.