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Granite City Mayor expresses his concerns with the future of the US Steel site, and the purchase of the company by Nippon Steel.
Hour 3- Granite City's Mayor is concerned about new news from US Steel; looking into the cold case Dairy Queen murder from 1980; Question of the Week on sports gaming in Missouri.
Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, we discuss President Trump's review of other interests in US business and its implications for compliance. The panel explores the evolving landscape of government involvement in major U.S. corporations and the resulting compliance and anti-corruption risks. With recent actions by the Trump administration to acquire stakes or exert control over companies like US Steel and Intel, the discussion centers on the implications for FCPA enforcement, the definition of “instrumentality,” and the challenges facing compliance professionals as the boundaries between public and private sectors blur. The episode also examines international perspectives, potential conflicts of interest, and the impact on global business relationships. Key highlights: Introduction: Are We Becoming Socialist? Golden Share and Control Mechanisms Anti-Corruption Risks and FCPA Instrumentality International Law and Foreign Supplier Risks Conflicts of Interest and Board Representation International Perspectives: UK and EU Compliance Politically Exposed Persons and Due Diligence Closing Thoughts: Navigating Uncharted Territory Resources: Matt Kelly in Radical Compliance Tom Fox Instagram Facebook YouTube Twitter LinkedIn For more information on the use of AI in Compliance programs, my new book, Upping Your Game. You can purchase a copy of the book on Amazon.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this special episode of the Mining Minds Podcast, we sit down at U.S. Steel Minntac with Mike Bakk, Director of Facilities Excellence, and Chrissy Bartovich, Senior Director of Environmental. From humble beginnings to leading major projects that shape the future of steelmaking, Mike and Crissy share their personal journeys, leadership lessons, and the innovations driving today's mining industry. We dive into the transformation of mining from “pick and shovel” to high-tech operations featuring AI, robotic dogs, and advanced reliability systems. Mike and Crissy sheds light on the critical role of environmental stewardship, community engagement, and the innovations needed to meet evolving regulations. Together, their stories highlight resilience, continuous improvement, and a legacy of mining that sustains families, communities, and industries for generations to come. Brass in to join the conversation! Special thanks to Kristen Vake (Iron Mining Association of MN), Julie Lucas and Talia Sandys (MiningMinnesota) for making this episode possible. Episode Sponsors: Heavy Metal Equipment & Rentals JSR Fleet Performance Liebherr Mining Episode Chapters: 02:15 Mike's early start and path into mining 07:50 Lessons from leadership at a young age 13:15 Managing crews and building respect 17:00 Career moves and new opportunities at Keetac 26:00 The $150M pellet upgrade project 29:00 Community pride and the impact of steelmaking 34:00 Robotics, AI, and mining's digital future 38:00 Crissy's journey into mining & environmental leadership 48:40 Compliance, community trust, and high standards 53:30 Community advisory panels & public transparency 59:30 Innovation in environmental solutions: crowdsourcing success 01:09:00 Opportunities at U.S. Steel and the future of mining
This week we talk about General Motors, the Great Recession, and semiconductors.We also discuss Goldman Sachs, US Steel, and nationalization.Recommended Book: Abundance by Ezra Klein and Derek ThompsonTranscriptNationalization refers to the process through which a government takes control of a business or business asset.Sometimes this is the result of a new administration or regime taking control of a government, which decides to change how things work, so it gobbles up things like oil companies or railroads or manufacturing hubs, because that stuff is considered to be fundamental enough that it cannot be left to the whims, and the ebbs and eddies and unpredictable variables of a free market; the nation needs reliable oil, it needs to be churning out nails and screws and bullets, so the government grabs the means of producing these things to ensure nothing stops that kind of output or operation.That more holistic reworking of a nation's economy so that it reflects some kind of socialist setup is typically referred to as socialization, though commentary on the matter will still often refer to the individual instances of the government taking ownership over something that was previously private as nationalization.In other cases these sorts of assets are nationalized in order to right some kind of perceived wrong, as was the case when the French government, in the wake of WWII, nationalized the automobile company Renault for its alleged collaboration with the Nazis when they occupied France.The circumstances of that nationalization were questioned, as there was a lot of political scuffling between capitalist and communist interests in the country at that time, and some saw this as a means of getting back against the company's owner, Louis Renault, for his recent, violent actions against workers who had gone on strike before France's occupation—but whatever the details, France scooped up Renault and turned it into a state-owned company, and in 1994, the government decided that its ownership of the company was keeping its products from competing on the market, and in 1996 it was privatized and they started selling public shares, though the French government still owns about 15% of the company.Nationalization is more common in some non-socialist nations than others, as there are generally considered to be significant pros and cons associated with such ownership.The major benefit of such ownership is that a government owned, or partially government owned entity will tend to have the government on its side to a greater or lesser degree, which can make it more competitive internationally, in the sense that laws will be passed to help it flourish and grow, and it may even benefit from direct infusions of money, when needed, especially with international competition heats up, and because it generally allows that company to operate as a piece of government infrastructure, rather than just a normal business.Instead of being completely prone to the winds of economic fortune, then, the US government can ensure that Amtrak, a primarily state-owned train company that's structured as a for-profit business, but which has a government-appointed board and benefits from federal funding, is able to keep functioning, even when demand for train services is low, and barbarians at the gate, like plane-based cargo shipping and passenger hauling, becomes a lot more competitive, maybe even to the point that a non-government-owned entity may have long-since gone under, or dramatically reduced its service area, by economic necessity.A major downside often cited by free-market people, though, is that these sorts of companies tend to do poorly, in terms of providing the best possible service, and in terms of making enough money to pay for themselves—services like Amtrak are structured so that they pay as much of their own expenses as much as possible, for instance, but are seldom able to do so, requiring injections of resources from the government to stay afloat, and as a result, they have trouble updating and even maintaining their infrastructure.Private companies tend to be a lot more agile and competitive because they have to be, and because they often have leadership that is less political in nature, and more oriented around doing better than their also private competition, rather than merely surviving.What I'd like to talk about today is another vital industry that seems to have become so vital, like trains, that the US government is keen to ensure it doesn't go under, and a stake that the US government took in one of its most historically significant, but recently struggling companies.—The Emergency Economic Stabilization Act of 2008 was a law passed by the US government after the initial whammy of the Great Recession, which created a bunch of bailouts for mostly financial institutions that, if they went under, it was suspected, would have caused even more damage to the US economy.These banks had been playing fast and loose with toxic assets for a while, filling their pockets with money, but doing so in a precarious and unsustainable manner.As a result, when it became clear these assets were terrible, the dominos started falling, all these institutions started going under, and the government realized that they would either lose a significant portion of their banks and other financial institutions, or they'd have to bail them out—give them money, basically.Which wasn't a popular solution, as it looked a lot like rewarding bad behavior, and making some businesses, private businesses, too big to fail, because the country's economy relied on them to some degree. But that's the decision the government made, and some of these institutions, like Goldman Sachs, had their toxic assets bought by the government, removing these things from their balance sheets so they could keep operating as normal. Others declared bankruptcy and were placed under government control, including Fannie Mae and Freddie Mac, which were previously government supported, but not government run.The American International Group, the fifth largest insurer in the world at that point, was bought by the US government—it took 92% of the company in exchange for $141.8 billion in assistance, to help it stay afloat—and General Motors, not a financial institution, but a car company that was deemed vital to the continued existence of the US auto market, went bankrupt, the fourth largest bankruptcy in US history. The government allowed its assets to be bought by a new company, also called GM, which would then function as normal, which allowed the company to keep operating, employees to keep being paid, and so on, but as part of that process, the company was given a total of $51 billion by the government, which took a majority stake in the new company in exchange.In late-2013, the US government sold its final shares of GM stock, having lost about $10.7 billion over the course of that ownership, though it's estimated that about 1.5 million jobs were saved as a result of keeping GM and Chrysler, which went through a similar process, afloat, rather than letting them go under, as some people would have preferred.In mid-August of this year, the US government took another stake in a big, historically significant company, though this time the company in question wasn't going through a recession-sparked bankruptcy—it was just falling way behind its competition, and was looking less and less likely to ever catch up.Intel was founded 1968, and it designs, produces, and sells all sorts of semiconductor products, like the microprocessors—the computer chips—that power all sorts of things, these days.Intel created the world's first commercial computer chip back in 1971, and in the 1990s, its products were in basically every computer that hit the market, its range and dominance expanding with the range and dominance of Microsoft's Windows operating system, achieving a market share of about 90% in the mid- to late-1990s.Beginning in the early 2000s, though, other competitors, like AMD, began to chip away at Intel's dominance, and though it still boasts a CPU market share of around 67% as of Q2 of 2025, it has fallen way behind competitors like Nvidia in the graphics card market, and behind Samsung in the larger semiconductor market.And that's a problem for Intel, as while CPUs are still important, the overall computing-things, high-tech gadget space has been shifting toward stuff that Intel doesn't make, or doesn't do well.Smaller things, graphics-intensive things. Basically all the hardware that's powered the gaming, crypto, and AI markets, alongside the stuff crammed into increasingly small personal devices, are things that Intel just isn't very good at, and doesn't seem to have a solid means of getting better at, so it's a sort of aging giant in the computer world—still big and impressive, but with an outlook that keeps getting worse and worse, with each new generation of hardware, and each new innovation that seems to require stuff it doesn't produce, or doesn't produce good versions of.This is why, despite being a very unusual move, the US government's decision to buy a 10% stake in Intel for $8.9 billion didn't come as a total surprise.The CEO of Intel had been raising the possibility of some kind of bailout, positioning Intel as a vital US asset, similar to all those banks and to GM—if it went under, it would mean the US losing a vital piece of the global semiconductor pie. The government already gave Intel $2.2 billion as part of the CHIPS and Science Act, which was signed into law under the Biden administration, and which was meant to shore-up US competitiveness in that space, but that was a freebie—this new injection of resources wasn't free.Response to this move has been mixed. Some analysts think President Trump's penchant for netting the government shares in companies it does stuff for—as was the case with US Steel giving the US government a so-called ‘golden share' of its company in exchange for allowing the company to merge with Japan-based Nippon Steel, that share granting a small degree of governance authority within the company—they think that sort of quid-pro-quo is smart, as in some cases it may result in profits for a government that's increasingly underwater in terms of debt, and in others it gives some authority over future decisions, giving the government more levers to use, beyond legal ones, in steering these vital companies the way it wants to steer them.Others are concerned about this turn of events, though, as it seems, theoretically at least, anti-competitive. After all, if the US government profits when Intel does well, now that it owns a huge chunk of the company, doesn't that incentivize the government to pass laws that favor Intel over its competitors? And even if the government doesn't do anything like that overtly, doesn't that create a sort of chilling effect on the market, making it less likely serious competitors will even emerge, because investors might be too spooked to invest in something that would be going up against a partially government-owned entity?There are still questions about the legality of this move, as it may be that the CHIPS Act doesn't allow the US government to convert grants into equity, and it may be that shareholders will find other ways to rebel against the seeming high-pressure tactics from the White House, which included threats by Trump to force the firing of its CEO, in part by withholding some of the company's federal grants, if he didn't agree to giving the government a portion of the company in exchange for assistance.This also raises the prospect that Intel, like those other bailed-out companies, has become de facto too big to fail, which could lead to stagnation in the company, especially if the White House goes further in putting its thumb on the scale, forcing more companies, in the US and elsewhere, to do business with the company, despite its often uncompetitive offerings.While there's a chance that Intel takes this influx of resources and support and runs with it, catching up to competitors that have left it in the dust and rebuilding itself into something a lot more internationally competitive, then, there's also the chance that it continues to flail, but for much longer than it would have, otherwise, because of that artificial support and government backing.Show Noteshttps://www.reuters.com/legal/legalindustry/did-trump-save-intel-not-really-2025-08-23/https://www.nytimes.com/2025/08/23/business/trump-intel-us-steel-nvidia.htmlhttps://arstechnica.com/tech-policy/2025/08/intel-agrees-to-sell-the-us-a-10-stake-trump-says-hyping-great-deal/https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganizationhttps://www.investopedia.com/articles/economics/08/government-financial-bailout.asphttps://www.tomshardware.com/pc-components/cpus/amds-desktop-pc-market-share-hits-a-new-high-as-server-gains-slow-down-intel-now-only-outsells-amd-2-1-down-from-9-1-a-few-years-agohttps://www.spglobal.com/commodity-insights/en/news-research/latest-news/metals/062625-in-rare-deal-for-us-government-owns-a-piece-of-us-steelhttps://en.wikipedia.org/wiki/Renaulthttps://en.wikipedia.org/wiki/State-owned_enterprises_of_the_United_Stateshttps://247wallst.com/special-report/2021/04/07/businesses-run-by-the-us-government/https://en.wikipedia.org/wiki/Nationalizationhttps://www.amtrak.com/stakeholder-faqshttps://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
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Singapore shares rose today, tracking a broadly positive day in Asia. The Straits Times Index was up 0.18% at 4,227.21 points at 12.53pm Singapore time, with a value turnover of S$630.67M seen in the broader market. In terms of companies to watch, we have Sats, after the airline caterer yesterday reported a 9.1 per cent year-on-year rise in net profit to S$70.9 million for the first quarter ended Jun 30, 2025, on the back of growth in aviation cargo and food service volumes. Elsewhere, from more on share price movements in Great Eastern, to how South Korea is reportedly set to unveil about US$150 billion in US investment plans by private companies during a summit between President Lee Jae Myung and US President Donald Trump – more corporate and international headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital. See omnystudio.com/listener for privacy information.
Mass transit funding, Medicaid payments, and taxing games of skill are among the many issues holding up state budget negotiations this year. The Pennsylvania state budget impasse continues, even as the Republican-controlled Senate passed a budget proposal of its own. Officials still don’t know what caused Monday's explosion at a US Steel plant near Pittsburgh that killed two workers and injured 10 others. The plant has a history of maintenance problems, explosions, and environmental violations. Freshwater managers are warning the millions of gallons of water data centers use every day could stress public water supplies in Pennsylvania. The 78th Little League World Series is underway in Williamsport. A Grand Slam Parade on Tuesday, kicked off the annual event, with 20 teams from around the country and the world marching in the procession across the Susquehanna River from the ball fields. In the wake of two suicides of Lancaster County pharmacists, a former pharmacy professor is raising an alarm, calling for state regulators to investigate nationwide pharmacy chain CVS. Janelle Stelson is announcing she's moved to Camp Hill, within the 10th Congressional District. The move comes about a month after she announced her candidacy. It may be an effort to diffuse one of the issues that came up in her previous attempt to unseat Republican U-S Representative Scott Perry. A Berks County lawmaker is calling on the owners of the Berkshire Mall property to address what she calls serious concerns about its declining condition. In uncertain times, our community counts on facts, not noise. Support the journalism and programming that keep you informed. Donate now at www.witf.org/givenow.Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.
Today's Headlines: In maybe another Epstein distraction tactic, Trump held a fiery presser to announce he's taking control of DC's police and sending 800 National Guard troops for 30 days — despite crime being at a 30-year low. DC Mayor Muriel Bowser called it “unlawful” and noted Congress could've given her Guard control years ago. Trump also hyped his upcoming Alaska meeting with Putin to discuss “land swaps” for ending the Ukraine war. Zelensky isn't invited, but Trump hinted at a follow-up meeting, while European leaders scramble to meet him first. A judge blocked the DOJ's push to unseal Ghislaine Maxwell grand jury records, calling it a distraction. The US and China extended their tariff truce for 90 days, and the US will now take 15% of Nvidia and AMD's China AI chip sales for export licenses. Australia will recognize a Palestinian state at the UN in September, joining Canada and France. At home, a gunman killed 3 people outside an Austin Target, and explosions at a US Steel plant near Pittsburgh killed 1 and left another missing. Severe storms in the Midwest caused deadly flooding in Milwaukee, shut down the Wisconsin State Fair, and left 14 million people under flood alerts. Forecasters are also tracking tropical storm Erin in the Atlantic and Hurricane Henriette in the Pacific. Resources/Articles mentioned in this episode: NYT: Live Updates: Trump Orders National Guard to Washington and Takeover of Capital's Police NBC News: Ahead of Putin sitdown, Trump says he hopes to get 'prime territory' back for Ukraine WSJ: European Leaders Plan to Meet Trump Before Putin Talks NBC News: Judge denies DOJ bid to unseal Ghislaine Maxwell grand jury records Axios: US, China extend tariff pause another 90 days WSJ: Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China Axios: Australia will recognize a Palestinian state, PM Albanese says AP News: Shooter kills 3 in a Target parking lot in Austin, Texas, before being captured, police say AP News: Explosion at US Steel plant in Pennsylvania leaves 1 dead, 1 missing, 10 injured NBC News: Severe storms knock out power and close roads in Midwest as flooding cancels last day of Wisconsin State Fair AP News: Forecasters say Tropical Storm Erin could become 1st Atlantic hurricane of the 2025 season Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices
Trump orders police-military takeover of Washington D.C. / At least 1 worker dead, 10 injured in massive explosion at US Steel plant in Pennsylvania
Today on America in the Morning DC Police Takeover President Trump on Monday took the unprecedented step of federalizing Washington DC's police department as he declared a public safety emergency in the Nation's Capital. John Stolnis has more from Washington. Trump Discusses Planned Putin Meeting At a news conference, Donald Trump reiterated that an end to the war in Ukraine will likely include changes to national borders, but the president also said it won't take long during his Friday meeting in Alaska with Vladimir Putin to know if a Ukraine war peace deal is possible. Washington correspondent Sagar Meghani reports. Texas Shooting Three people are dead and gunman with a long criminal history apprehended after a shooting outside a major retail store in Austin, Texas. Correspondent Clayton Neville reports. Pennsylvania Explosion An explosion Monday at a US Steel plant in greater Pittsburgh has left two people dead and nearly a dozen others injured. More from correspondent Rich Johnson. Antoni To BLS President Trump announced he is nominating economist E.J. Antoni to become the next commissioner of the Bureau of Labor Statistics. Dial Up Ending It's an end of an era for America Online. Correspondent Ed Donahue reports on the shutdown to old school internet access. DC Reaction To Trump Takeover From the mayor of Washington, DC to some residents, people are not taking kindly to President Trump's order to place the police department in the Nation's Capital under Federal control. Washington correspondent Sagar Meghani reports on the local reaction to President Trump's plan to make the capital of the United States safer. Latest On The Texas Legislature Texas Republicans are announcing more tactics in their effort to have Democrats who left the state to delay a vote on redistricting returned. Correspondent Clayton Neville reports from the Lone Star State. Latest On The Atlanta Shooter More is being learned about the man who opened fire in Atlanta at the building housing the Centers for Disease Control and Prevention last Friday, killing a police officer. America in the Morning's Jeff McKay has the latest. Six Dead In Maryland Fire An investigation is underway into a weekend fire that ripped through a house in Charles County, Maryland killing six people. Correspondent Jennifer King reports. Dissecting The Bill There's new reporting on an analysis of President Trump's big tax cuts law, but there are questions from the GOP as to the source of the information. Correspondent Ed Donahue reports. Finally South Park has satirized politics. Their new target has now seemed to revitalize the cartoon show. Entertainment reporter Kevin Carr has details. Learn more about your ad choices. Visit podcastchoices.com/adchoices
AP correspondent Ben Thomas reports there's been a deadly explosion at a US Steel plant outside of Pittsburgh.
By 1941, the Steel Workers Organizing Committee had led successful union drives across most of the US Steel industry. But can they break into Bethlehem Steel when $1 billion in defense contracts are hanging in the balance? Originally aired: December 26, 2022. Support the showwww.laborjawn.com
“You can't learn it all in one year. You can't even learn it all in ten.” That single statement from Jim Lukanich captures the spirit of this unforgettable episode. Returning to the Scaling UP! H2O Podcast for the first time since Episode 10, Jim Lukanich joins host Trace Blackmore to reflect on a remarkable 44-year career in the water treatment industry. From his early days at U.S. Steel to leading technical innovation at Buckman Laboratories, ChemCal, U.S. Water, and Kurita, Jim has been a force for mentorship, learning, and raising the bar in technical excellence. Building a Career, One Problem at a Time Jim walks us through the formative moments of his career — the gritty hands-on learning at US Steel, the cultural differences he encountered at Nalco, and the breakthrough growth and global travel that defined his time at Buckman Labs. He shares how relentless reading, teaching, and real-world problem-solving built the foundation of his expertise. More than just a technical expert, Jim is a storyteller. His accounts of teaching microbiology in Brazil pre-internet — with nothing but overhead projectors and thousands of peer-reviewed articles — highlight just how much dedication the field once required (and still does). Educator, Mentor, Technologist This episode shines as Jim reveals his unexpected passion for teaching and how that eventually connected him with the Association of Water Technologies (AWT). From correcting pronunciation quirks to co-writing the Certified Water Technologist (CWT) exam, Jim's teaching legacy spans thousands of students and professionals around the world. Listeners will appreciate Jim's honest take on what separates industry veterans who grow from those who stagnate — and the importance of actively seeking knowledge beyond routine routes. Beyond Retirement: Knowledge that Lasts Now officially retired, Jim isn't finished contributing. He shares future plans for limited consulting and speaks candidly about what it means to truly mentor someone — and what many water professionals are missing out on if they don't. This is more than a career retrospective; it's a call to honor the past by preparing for the future — with integrity, curiosity, and generosity. Conclusion: Wisdom Worth Passing Down Jim's impact isn't measured just by how many systems he's treated or miles he's flown — but by the lives he's touched and the minds he's sharpened. For any professional looking to improve technical depth, leadership, or mentoring, this episode is a must-listen. Listen now to learn from one of the water industry's most respected mentors. Explore more episodes, sharpen your skills, and consider becoming the mentor you once needed. Stay engaged, keep learning, and continue scaling up your knowledge! Timestamps 03:44 - Trace shares some Water facts and World Vision 6k Recap 06:40 - Water You Know with James McDonald 07:04 - Upcoming Events for Water Treatment Professionals 17:30 - Interview with returning guest, Jim Lukanich 24:27 - Jim shares how teaching at Buckman became a passion 45:00 - Learning daily builds deep expertise over time Quotes Jim Lukanich: “I've read thousands of peer-reviewed technical papers—not the BS in magazines—but real science.” Jim Lukanich: “You can't learn it all in a year. You can't learn it all in 10. I've been doing this for 44 years, and I still read technical papers.” Trace Blackmore: “You were the one who made me want to teach water treatment. You brought energy to technical education.” Jim Lukanich: “If you've been in this industry 20 years and can't pass the CWT, you stopped learning at year three.” Jim Lukanich: “Before I fade into oblivion, I want to dump out as much knowledge as I can.” Connect with Jim Lukanich LinkedIn: Jim Lukanich | LinkedIn Click HERE to Download Episode's Discussion Guide Guest Resources Mentioned Dune by Frank Herbert - Audiobook The Silmarillion by J.R.R. Tolkien Lee Child's Jack Reacher Books 1-6 by Lee Child Never Flinch: A Novel by Stephen King - Audiobook Scaling UP! H2O Resources Mentioned AWT (Association of Water Technologies) Episode 378 Tackling Legionella: Balancing Safety, Sustainability, and Disinfection Episode 010 The One with Jim Lukanich Legionella Resources Industrial Water Week Resources Industrial Water Week Scaling UP! H2O Academy video courses Scaling UP! Nation – Global 6k Donation Drive Submit a Show Idea The Rising Tide Mastermind World Vision Water You Know with James McDonald Question: What are the two primary ways heat is rejected by a cooling tower? 2025 Events for Water Professionals Check out our Scaling UP! H2O Events Calendar where we've listed every event Water Treaters should be aware of by clicking HERE.
In June 2025, Nippon Steel acquired US Steel, with the US government retaining a "Golden Share". Nippon Steel first announced the $14.9 billion acquisition back in December 2023. And the Japanese steel giant has pursued the deal despite competing American bids, union disapproval, and seemingly insurmountable political opposition. US Steel was once the world's biggest steel company and remains America's third largest steelmaker. They now face considerable challenges. Nippon Steel was also once the world's largest steel company. And they now face substantial challenges. The two are now together. In this video, Nippon Steel's historic acquisition of US Steel.
In June 2025, Nippon Steel acquired US Steel, with the US government retaining a "Golden Share". Nippon Steel first announced the $14.9 billion acquisition back in December 2023. And the Japanese steel giant has pursued the deal despite competing American bids, union disapproval, and seemingly insurmountable political opposition. US Steel was once the world's biggest steel company and remains America's third largest steelmaker. They now face considerable challenges. Nippon Steel was also once the world's largest steel company. And they now face substantial challenges. The two are now together. In this video, Nippon Steel's historic acquisition of US Steel.
(00:36) We get to know a 40-year farming legacy that's become one of the region's most beloved agricultural destinations, Triple B Farms. Ron Beinlich, a former metallurgical engineer who always dreamed of being a farmer, took a leap of faith in 1985 when he left US Steel to focus full-time on the abandoned 205-acre property he'd purchased years earlier. Together with his wife Carolyn, they transformed overgrown land with a dilapidated house into Triple B Farms - a thriving family business now in its third generation.(06:10) The farm's name originated from "Beinlich's Beef and Berries," reflecting their early focus on cattle and strawberries. Today, Triple B Farms grows approximately twenty different crops while delighting visitors with what they call "agritainment" - a blend of agriculture and family entertainment. From picking your own berries and visiting baby goats to jumping on "jumping pillows" and watching a singing chicken show, the farm creates experiences that keep families returning season after season.The farm sits at the southern tip of Allegheny County, offering Pittsburgh families an authentic rural experience, not too far from home. As Carolyn, a former teacher, leads educational tours for thousands of schoolchildren each year, she ensures younger generations understand where their food comes from.(16:06) The market offers homemade pies baked on-site, alongside locally-sourced jarred goods and seasonal produce. Whether you're craving fresh strawberries in June, blueberries in July, or the perfect pumpkin in October, Triple B Farms delivers an authentic farm-to-table experience that's been nourishing Pittsburgh families for decades. (26:02) And later in the show, Ashley Cesaratto takes us to lunch for the perfect sandwich at Family Deli, while Alex and Chantal Huff dish up a favorite home cooked recipe with fresh summer corn and pesto. Come hungry!Support the showLiked the episode? We'd love a coffee!
AP's Lisa Dwyer reports on a power deal for Trump in the U.S. Steel buyout
On this week's Defense & Aerospace Report Washington Roundtable, Dr. Patrick Cronin of the Hudson Institute think tank, Michael Herson of American Defense International, former Pentagon Europe chief Jim Townsend of the Center for a New American Security, former Pentagon comptroller Dr. Dov Zakheim of the Center for Strategic and International Studies join Defense & Aerospace Report Editor Vago Muradian to discuss Reconciliation and Senate rescissions as Defense Secretary Pete Hegseth testified before the Senate Armed Services Committee; two Minnesota lawmakers and their spouses were shot and two are killed; Israel and Iran continue to trade attacks as Jerusalem presses ahead its drive to destroy Tehran's nuclear capabilities through air attacks and troops on the ground; after initially demanding Iran's “unconditional surrender,” President Trump has said he's given Iranian leaders an “ultimate ultimatum” to give up its nuclear aspirations while still weighing whether US forces should join Israel in strike; America is the only nation with the capabilities to bomb Iran's deeply buried sites, but doing so might cause nuclear contamination; at the G7 meeting in Canada, Trump again sided with Russia as leaders prepare to converge on The Hague for what will be an abbreviated NATO summit during which the US president is expected to announce the withdrawal of some American troops from Europe; the US Indo-Pacific Command raises its threat level as two Chinese aircraft carriers operate together in the South China Sea; as Britain's HMS Prince of Wales also is operating in the region; and the president cleaned the acquisition of US Steel by Nippon Steel after demanding the US government hold a “golden share” in the new entity.
Canadian tariffs on U.S. aluminum and steel could increase, depending on how trade talks go. AP correspondent Donna Warder reports.
Nippon just closed a deal on U-S Steel, now Canada are talking tariffs on the industry.
Episode 608: Neal and Toby recap the Fed meeting where Fed Chair Jerome Powell continues to hold rates steady. Then, Nippon closes its acquisition of US Steel with the US getting the rare ‘golden share' of the deal. Also, Sam Altman is spilling the beans about Meta's attempt to poach OpenAI's talent with $100M offers. Meanwhile, Neal shares his favorite numbers: a new meme stock, the office supply, and the cost of being a sports fan nowadays. 00:00 - Tune in for our branding deep dive! 2:30 - Fed keeps it chill 6:30 - Nippon closes the steel deal 11:00 - Meta tries to poach OpenAI talent 15:30 - Meme stock madness 18:10 - Office glut cleanup 21:00 - It's expensive to be a sports fan 24:40 - Sprint Finish! Gain the edge with Amazon Ads by going to advertising.amazon.com/startnow Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
AlabamaSCOTUS ruling for TN law upholds the VCAP law now in place in ALSen. Britt blasts Dems who bailed on meeting about Biden's dementiaSoS Allen to access DHS system and identify non citizens on voter rollsALGOP Chairman John Wahl is considering a run for Lieutenant governorElon Musk posts about the SPLC once again, Musk is definitely not a fanNippon Steel and US Steel deal finalized, Fairfield plant to get $500MNationalTrump says he is not about "forever" wars when it comes to Iran conflictUS embassy in Israel preps for evacuation of US citizens and diplomatsMO Senator Josh Hawley calls for release of Joe Biden's autopen docsWhistleblower on CCP 2020 election interference, says he was fired for revealing the fraudFL Attorney general says medical devices made in China have "back door" for transmitting patient data
President Donald Trump declined to say whether he's decided on US military intervention in Iran. The Federal Reserve left interest rates alone for a fourth time despite Trump's criticisms. An iconic American company is now under foreign ownership. The head of US Homeland Security is tightening her department's purse strings. Plus, why Catherine, Prince of Wales, pulled out of a public engagement today. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tensions rise as the EU refuses trade talks with China before next month's leaders summit, and Airbus announced $10bn of orders at the Paris Air Show. Plus US President Donald Trump's golden share means heavy influence in the Nippon Steel deal, and energy markets react to the conflict between Iran and Israel. Mentioned in this podcast:US Steel deal embodies golden age of Trump meddlingFuel and fury: energy becomes a Middle East battlefield EU spurns economic dialogue with China over deepening trade riftToday's FT News Briefing was produced by Mischa Frankl-Duval, Sonja Hutson, Kasia Broussalian, and Marc Filippino. Additional help from Blake Maples and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The U.S. Senate is considering a spending plan that would eliminate incentives for clean energy. And some Pennsylvania companies say those cuts would devastate their businesses and raise energy costs. Meantime, U.S. Senator Dave McCormick says the future is bright for power production in Pennsylvania. He shared his vision for the state’s energy industry during a visit Monday to western PA. Republican lawmakers in Pennsylvania are applauding two Trump administration proposals to rollback rules that cut power plant emissions. EPA Administrator Lee Zeldin says the goal is to, in his words, restore American energy dominance. Dozens of campuses in Pennsylvania plan to tap the Solar for Schools program to install solar panels using grant money. Some of the schools are counting on federal tax credits as well. But the budget House Republicans passed last month would make that harder. As the Trump administration ramps up efforts to deport undocumented immigrants, advocates in Pennsylvania are worried problems at the state's largest federal detention center will worsen. The Lower Susquehanna Riverkeeper Association is releasing its latest analysis of the Susquehanna River. The nonprofit advocacy organization found high levels of E.coli bacteria at 20 public water access points. An executive order issued late last week clears the way for what's being termed as a "partnership" between Pittsburgh-based US Steel and Nippon Steel of Japan. And Pennsylvania's budget deadline is quickly approaching. Gov. Josh Shapiro and state lawmakers have until June 30th to agree on a new spending plan. Several questions remain about how to balance the Democratic Governor's spending priorities. Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.
Israel may not have big enough bombs to take down Iran's most secure nuclear facility, and Nippon Steel's bid to take over US Steel is finally moving forward. Plus, gold has surpassed the euro as the second most-popular reserve asset, and the UK's overseas intelligence agency has appointed its first female chief. Mentioned in this podcast:Gold overtakes euro as global reserve asset, ECB saysSilver and platinum prices soar as investors seek ‘gold alternatives' The nuclear mountain that haunts IsraelDonald Trump approves Nippon Steel's $15bn takeover of US SteelBritain's overseas spy agency MI6 promotes ‘Q' to be first female head Today's FT News Briefing was produced by Sonja Hutson, Ethan Plotkin, Kasia Broussalian, and Marc Filippino. Additional help from Alexander Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
En el episodio de hoy de VG Daily, Andre Dos Santos y Eugenio Garibay desglosan la compleja coyuntura global tras cuatro días de guerra entre Israel e Irán, un conflicto que ya ha dejado cientos de muertos, incluyendo líderes militares y científicos nucleares iraníes. Los ataques mutuos han disparado el precio del petróleo a $72 el barril WTI, generando alerta en los mercados ante el riesgo de una crisis energética global. La conversación también aborda las implicaciones geopolíticas de las amenazas iraníes contra bases estadounidenses y la negativa de Trump a intervenir directamente, mientras Israel presiona por apoyo militar.El análisis se expande a los eventos clave de la semana: la cumbre del G7 en Canadá, donde líderes buscarán coordinar respuestas a la inestabilidad en Medio Oriente y sus efectos económicos; la reunión de la FED, que definirá tasas de interés bajo presión inflacionaria por el alza del crudo; y la polémica adquisición de US Steel por Nippon Steel, aprobada por Trump con cláusulas que garantizan influencia estatal. Un episodio esencial para entender cómo guerras, decisiones políticas y movimientos financieros moldean el panorama internacional.
It’s being hailed as the largest private sector investment in state history. Tech giant Amazon has announced it will spend $20 billion on two data center complexes in Pennsylvania. President Donald Trump has posted on social media about the proposed sale of US Steel of Pittsburgh to Japan-based Nippon. But details are still vague, and a deadline to complete the deal is a week away. A proposal to fund mass transit in Pennsylvania would involve a fee attached to the price for rideshare services, such as Lyft or Uber. With the summer driving season underway, gas prices seem to have settled in for the time being. We have the current trends at the pump. The US Supreme Court has rejected a Republican appeal and left in place a ruling allowing voters in Pennsylvania to cast provisional ballots when their mail-in votes are rejected for not following technical procedures in state law. The justices acted on an appeal filed by the Republican National Committee, the state GOP and the Republican-majority election board in Butler County. A motorcyclist was killed after a police pursuit last Thursday night. Pennsylvania State Police say a West Shore Regional Police officer attempted a traffic stop in Wormleysburg involving a motorcyclist who police say committed numerous traffic offenses. The midstate is resembling a mini-United Nations this week. Harrisburg University is hosting a delegation from the European Union. The health of the Chesapeake Bay declined over the past year, according to an annual report card issued by the University of Maryland Center for Environmental Science. The University gave the bay a C. Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.
US President Donald Trump doubled tariffs on steel to 50 per cent this week. He's also allowing Japan's Nippon to buy the US Steel Corporation. The moves are meant to bring back manufacturing to America's steel industry. But will they? FT senior trade writer Alan Beattie and Zehra Munir, the FT's industrial reporter, discuss whether Trump can make good on a popular promise. Mentioned in this podcast:It's always steel — tariffs provide Trump with a familiar trade weaponDonald Trump's US Steel gamble: Pennsylvania workers warm to Nippon tie-upSign up for the FT's Trade Secrets newsletter hereSign up for the FT's Swamp Notes newsletter hereCredit: The White House YouTube channelSwamp Notes is produced by Katya Kumkova, Henry Larson and Lauren Fedor. The FT's acting co head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Trump's latest visit to Pittsburgh left us with more questions about US Steel – and stirred up some anger from Steelers fans. We've got new data on the county employees taking home the biggest paychecks, and you can test your skills at one of the most difficult golf courses in the country. Plus, the Pittsburgh Diocese has a new bishop with a very specific favorite meal. Notes and references from today's show: Steelers email fans upset over Trump receiving jersey at rally [KDKA] Steelers Sign QB Aaron Rodgers [Sports Illustrated] Your Guide to Steelers Training Camp [City Cast Pittsburgh] Pittsburgh Penguins Name Dan Muse the 23rd Head Coach in Franchise History [NHL] McCutchen ties Clemente for third on Pirates' all-time homers list with 240 [WESA] Why a Pittsburgher Just Officially Became Baseball's Best Hitter [City Cast Pittsburgh] From U.S. Open merchandise to concessions, here's what fans can expect at Oakmont next week [KDKA] A Brief History of Oakmont Country Club [Pittsburgh Magazine] Visitors expected to fill hotels, rent private homes for U.S. Open in Oakmont [TribLive] How Well Do You Know Pittsburgh? Take This Quiz! [City Cast Pittsburgh] See what Allegheny County employees earned in 2024 — and how the county is hiding names of many top earners [PublicSource] PPS District 9 challenger concedes to incumbent school board president in primary election race [WESA] Bishop Eckman takes over leadership of Pittsburgh diocese as Bishop Zubik retires [WESA] Bethel Park parish proud to call new Pittsburgh Bishop Mark Eckman their own [TribLive] Pittsburgh Juneteenth event organizer takes city to court over permit delay [TribLive] Learn more about the sponsors of this June 6th episode: Centre County Highway Revolt Fulton Commons Become a member of City Cast Pittsburgh at membership.citycast.fm. Want more Pittsburgh news? Sign up for our daily morning Hey Pittsburgh newsletter. We're also on Instagram @CityCastPgh! Interested in advertising with City Cast? Find more info here. Learn more about your ad choices. Visit megaphone.fm/adchoices
US equity futures are little changed. European markets are firmer, while most Asian markets gained. US-China trade tensions remain in focus, with Trump-Xi call reportedly expected Friday, though no confirmation yet. China's restrictions on rare earths getting more attention with press highlighting growing concern among car makers that shortage of magnets could grind auto production to halt within weeks. Moreover, US Steel tariffs come into effect today, but a temporary 25% tariff remains for the UK until its trade deal comes into force. Korea's Lee Jae-myung won the presidential election, pledging economic stimulus and renewed trade talks. Markets also eye ECB's Thursday meeting following soft Eurozone inflation and await US jobs data to gauge Fed's rate path.Companies Mentioned: BioNTech
Michael Savage discusses the departure from fiscal conservatism within the Republican Party, criticizing the addition of a $4 trillion budget increase under President Donald Trump's administration. He sounds the alarm over the rising national debt and the erosion of conservative values. He praises Senators Ron Johnson and Rand Paul for their opposition to increased spending. He shifts to other top issues such as the influence of the Deep State on the Russia-Ukraine war, the controversy over US Steel's acquisition by Japan, and the pitfalls of the MAGA movement. He urges listeners to be independent thinkers rather than blind followers.
MeidasTouch host Ben Meiselas reports on Donald Trump's disastrous Pittsburgh speech where he lied about the Nippon Steel deal with US Steel to the steel workers and drastically altered his tariff policies again. Ground News: Go to https://Ground.News/MTN to cut through misinformation, critically analyze the news shaping our lives and hold the media accountable. Save 40% off unlimited access to Ground News with my link or scan the QR code on screen. Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
MeidasTouch host Ben Meiselas reports on Donald Trump's past of using Chinese Steel instead of American for his projects and Trump lying about the terms of the Nippon Steel deal with US Steel. Meiselas has the receipts! Fast Growing Trees: Get 15% OFF your first purchase at https://fastgrowingtrees.com/meidas when you use code: MEIDAS at checkout! Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
(0:00) Bestie intros! (1:25) The AI Doomer Ecosystem: goals, astroturfing, Biden connections, effective altruist rebrand, global AI regulation (25:17) Doom vs Boom in AI: Job Destruction or Abundance? (52:44) Big, Beautiful Bill cleanup and upside: DOGE angle, CBO issues (1:17:14) US Steel/Nippon Steel deal: national champions and golden votes Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://nypost.com/2025/05/28/business/ai-could-cause-bloodbath-for-white-collar-jobs-spike-unemployment-to-20-anthropic-ceo https://polymarket.com/event/us-enacts-ai-safety-bill-in-2025 https://www.aipanic.news/p/the-ai-existential-risk-industrial https://www.semafor.com/article/05/30/2025/anthropic-emerges-as-an-adversary-to-trumps-big-bill https://x.com/nypost/status/1760623631283954027 https://www.telegraph.co.uk/news/2024/02/23/google-gemini-ai-images-wrong-woke https://www.thefp.com/p/ex-google-employees-woke-gemini-culture-broken https://www.campusreform.org/article/biden-admins-new-ai-executive-order-prioritizes-dei/24312 https://x.com/chamath/status/1927847516500009363 https://www.cnbc.com/2025/05/13/microsoft-is-cutting-3percent-of-workers-across-the-software-company.html https://x.com/DavidSacks/status/1927796514337746989 https://x.com/StephenM/status/1926715409807397204 https://x.com/neilksethi/status/1926981646718206243 https://thehill.com/opinion/finance/5320248-the-bond-market-is-missing-the-real-big-beautiful-story https://x.com/chamath/status/1928536987558105122 https://x.com/chamath/status/1927373268828266795 https://fred.stlouisfed.org/series/FYFRGDA188S https://fred.stlouisfed.org/series/FYONGDA188S https://www.cnbc.com/2025/01/03/biden-blocks-us-steel-takeover-by-japans-nippon-steel-citing-national-security.html https://truthsocial.com/@realDonaldTrump/posts/114558783827880495
US Steel is entering a multi-billion dollar partnership and Japanese competitor Nippon Steel. President Trump campaigned on a promise to block the deal. Now he says he approves it, so what changed? Harvard University for now can continue enrolling international students after a federal judge granted a preliminary injunction. And Elon Musk is leaving the Department of Government Efficiency, commonly referred to as DOGE.Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.Today's episode of Up First was edited by Kelsey Snell, Lauren Migaki, Padma Rama, HJ Mai and Mohamad ElBardicy. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Neisha Heinis and our technical director is Carleigh Strange. And our Executive Producer is Jay Shaylor.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
//The Wire//2300Z May 30, 2025////ROUTINE////BLUF: LIVERPOOL VEHICLE RAMMING SUSPECT IDENTIFIED. TENSIONS EASE SOMEWHAT ALONG CAMBODIAN BORDER.// -----BEGIN TEARLINE------International Events-Cambodia: The situation has de-escalated somewhat following the border clash reported earlier this week. Both Cambodia and Thailand have agreed to withdraw the troops that both had built up in the area of the initial incident, though diplomatically the ceasefire remains somewhat uncertain.AC: If both parties can de-escalate the situation, the chance of a large conflagration is much reduced. However, since this is a long-standing border dispute, things can always flare back up again at any point.-HomeFront-Indiana: A domestic shooting took place in Gibson County, resulting in 3x fatalities and 1x remaining in critical condition. The suspect, who has been identified as Patrick Waite, confessed to the murders and was arrested at the scene.Washington D.C. - Developments involving tariffs have continued this week, to various economic impact. This afternoon (after the closing bell) the White House announced an increase in the tariffs on US Steel from 25% to 50% in order to further incentivize local production.-----END TEARLINE-----Analyst Comments: In the United Kingdom, the suspect in this week's vehicle ramming attack in Liverpool has been identified as Paul Doyle. This rapid identification and disclosure of the suspect's name is extremely uncharacteristic of British authorities, who normally conceal the identities of some terrorists/assailants. Nevertheless, as one might expect, the internet immediately began digging into this individual's life in search of a reason as to why the attack might have been conducted. So far, every possible conceivable theory has been suggested, without really much confirmation of anything. However, as time goes on answers will arrive, though it may be a while before the truth comes out.Analyst: S2A1Research: https://publish.obsidian.md/s2underground//END REPORT//
In this episode, we cover three major stories shaping the startup and tech landscape. First, Google unveils Stitch, an AI-powered web design tool with one-click export to Figma—signaling a major disruption for freelance design marketplaces. Then, Salesforce returns to M&A with its $8B acquisition of Informatica, aiming to broaden its AI data stack beyond CRM. Finally, we break down the surge in startup M&A activity, with billion-dollar deals from OpenAI, DoorDash, and others—hinting at a major Q2 rebound. Don't miss Jason's insights on what these trends mean for founders and investors.(0:00) Episode Teaser(1:36) Jason's in SINGAPORE(3:14) The Power of Shame and why we need “Ozempic for screentime”(10:15) OpenPhone - Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at www.openphone.com/twist(12:38) Google's latest AI breakthrough: Stitch(20:13) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech(21:20) The NBA on Polymarket and what founders can learn from the Knicks(27:08) Why did Salesforce buy Informatica?(30:03) Pilot - Visit https://www.pilot.com/twist and get $1,200 off your first year.(32:42) M&A activity continues, and Jason's spicy Q2 predictions(40:57) Did tech go woke or was it just performative the whole time?(45:22) Circle, stablecoins, and the perks of being pro-business(51:27) What Trump's “golden share” of US Steel might look like(54:15) Why Jason is bullish on Joby(57:28) Episode wrap-up and upcoming eventsSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpLinks from episode:ClearSpace App: https://www.getclearspace.com/Google Stitch: https://stitch.withgoogle.com/Joby: https://www.jobyaviation.com/Follow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisThank you to our partners:(10:15) OpenPhone - Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at www.openphone.com/twist(20:13) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech(30:03) Pilot - Visit https://www.pilot.com/twist and get $1,200 off your first year.Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.comSubscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
In this episode of Steel Stories by U. S. Steel, automotive industry expert Rebecca Lindland joins host David Kirkpatrick for a high-energy conversation about the future of mobility. From the rise of electric vehicles and autonomous driving technologies to the evolving expectations of car buyers, Lindland shares expert insights on how innovation is reshaping the auto industry — and why steel remains essential to safety, sustainability, and performance. Discover what's next for mobility trends worldwide.
Episode 591: Neal and Toby chat about Trump delaying the 50% EU tariffs to secure a trade deal, causing markets to whiplash. Then it's a recap of Apple's rough year amid the trade war. Also, Anthropic's new Claude AI model has picked up a cute new skill: to lie and blackmail in order to save itself. Great! Plus, OnlyFans' owner is seeking to sell the site for a whopping $8B valuation. Meanwhile, US Steel, ‘Lilo & Stitch,' and ‘Mission: Impossible' are the long weekend's winners. Finally, what you need to know in the upcoming short week. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. LinkedIn will even give you a $100 credit on your next campaign so you can try it yourself. Go to LinkedIn.com/MBD Terms and conditions apply. Only on LinkedIn Ads. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Swim Around Martha's Vineyard 03:40 - EU Tariffs 07:00 - Apple Struggles 08:10 - Blackmailing AI 12:20 - OnlyFans for Sale? 17:00 - Winners of the Weekend 22:20 - Week Ahead Learn more about your ad choices. Visit megaphone.fm/adchoices
Today's Post - https://bahnsen.co/44RFWIg Tuesday Special: Market Recap and Policy Updates In this special Tuesday edition of Dividend Cafe, we cover key market movements from Memorial Day, including a notable rise in stock market indices and a drop in bond yields. Discussion includes the impact of the president's tariff announcements on market performance, current bond market trends, and developments in durable goods orders and housing sales. The episode also touches on public policy changes, such as the reversal on the acquisition of US Steel by Nippon Steel and potential re-privatization of Fannie Mae and Freddie Mac. Finally, a preview of upcoming topics is provided, including plans for addressing the national debt. 00:00 Introduction and Memorial Day Market Closure 00:47 Bond Yields and Market Movements 01:54 Credit Spreads and Economic Indicators 02:57 Market Rally and Tariff Announcements 04:04 US Steel Acquisition and China Negotiations 05:24 Geopolitical Dynamics and Durable Goods Orders 06:56 Housing Market Trends and Policy Changes 08:15 Bank Capital Requirements and Treasury Holdings 08:55 Dividend Growth and Investment Strategies 09:43 Conclusion and Upcoming Topics Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
What the hell is going on with Indy Car? Putin has gone absolutely CRAZY, Seattle PD arrested 23 violent Antifa thugs who attacked a Christian worship event, President of France got slapped by this wife, US approves merger between US Steel and Nippon Steel, Scott Pelley has major TDS See omnystudio.com/listener for privacy information.
What the hell is going on with Indy Car? Putin has gone absolutely CRAZY, Seattle PD arrested 23 violent Antifa thugs who attacked a Christian worship event, President of France got slapped by this wife, US approves merger between US Steel and Nippon Steel, Scott Pelley has major TDS. Racers and Pacers, MSM now questioning Trump's health to lead, Paul George Jersey, 5 years since George Floyd. Indy 500 highest ratings since 2008, Jasmine Crockett Masterpiece Theatre, NPR suing Trump, Ohio proposes to ban China from buying property in the state, Sean Duffy is offering a 20% bonus to air traffic controllers who delay retirement See omnystudio.com/listener for privacy information.
President Trump insists that the United State government will have a control over US Steel if Nippon Steel, a Japanese company, partners with the failing US company.
President Donald Trump has greenlit a controversial deal blocked by former President Joe Biden. A fifth round of high-stakes nuclear talks between the US and Iran ended with limited progress. Several people are seriously injured in a knife attack in Germany. Police arrested a sixth suspected accomplice in a New Orleans jail break. Plus, we'll explain why Billy Joel has cancelled his upcoming tour dates. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The dreaded downgrade. Biden's health in the spotlight. The big and beautiful Tax bill making its way through the sausage factory PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - The dreaded downgrade - Biden's health in the spotlight - Tax bill making its way through the sausage factory - China continues to stimulate Markets - Yields - moving up after worrying signs for US debt levels - Stocks posting big gains for May - Bitcoin surges past $100k - Our debt load is untenable - great chart to consider The Big Beautiful Bill - The bill eliminates taxes on tips and overtime. - The bill achieves "no tax on social security" by increasing deductions for seniors on the program. - The bill eliminates several green energy spending programs and ends the EV tax credit early. - The bill makes auto loan interest tax deductible. - The bill raises the debt ceiling by $4 trillion. - The bill raises the State and Local Tax Deduction to $30,000 for people making $400K or less. - The bill makes changes to the IRS free tax filing program, pending review by a task force. - The bill includes tax on college endowments and private foundations. - The bill includes reforms for how pharmacy benefit managers do business with the government. - The bill creates a new savings account for children, and $1000 of funding will be provided. - The bill raises the child tax credit to $2500 from $2000. USD DEBT Moody's - U.S. Treasury yields spiked on Monday after Moody's downgraded the U.S.' credit rating, citing fiscal concerns. - That brings it down one notch from Aaa — the highest score — to Aa1 - The first time since the initial rating back in 1919 that Moody's made a change - Interesting timing - in the middle of a big spending package process - --- maybe they are sending a message -"This is a major symbolic move as Moody's were the last of the major rating agencies to have the US at the top rating," Deutsche Bank analysts said in a note. Market reaction - Futures fell in late trade after the close of the markets- when it was announced - Bonds - long end moved. --- 30 yr treasuries up over 5% ---- 30 yer mortgage rates over 7% - Markets - yawned and turned on the open after a 1.5% love lower on the futures Bessent reaction -Treasury Secretary Scott Bessent said in an interview on NBC News' "Meet the Press" that Moody's Ratings were a "lagging indicator" after the group downgraded the U.S.' credit rating by a notch from the highest level. -"I think that Moody's is a lagging indicator," Bessent said Sunday. "I think that's what everyone thinks of credit agencies." - He asserted that the downgrade was related to the Biden administration's spending policies - Is that right? China - Stimulating - China cut its key lending rates by 10 basis points on Tuesday, as Beijing ramps up efforts to boost its economy at a time when trade tensions threaten to derail growth. - The People's Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%. US Steel still in play - Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with the matter. - Under details of the plan included in the document, the company will plow $11 billion into U.S. Steel's infrastructure through 2028. That includes $1 billion in a green field site, which is expected to grow by $3 billion over the following years and has not been previously reported. - There is a deadline of May 21st for a national security review - then T...
Michael Duncan, Comfortably Smug and John Ashbrook unpack the Democrats' desperate "Dark Woke" strategy post-election loss!
In today's episode of Ruthless, Josh Holmes, Comfortably Smug, Michael Duncan, and John Ashbrook dissect the explosive Abrego Garcia case and the Democrats' crumbling narrative. This episode pulls no punches, exposing how media spin and political missteps are unraveling the left's strategy.
Dive into the chaos rocking the Democratic Party