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lydia hu with the details. >> reporter: good morning, maria.the deadly is ' listeria outbreak from last year involving boar's head deli meat. there are new concerns at other deli meat plants by boared head. we have details on the conditions, the questions it raises about the company and questions about what the usda is doing, all of that coming up. maria: this week on "mornings with maria," tomorrow, small business committee chairman roger williams is here on how the republican majority will help struggling american business owners. and friday, bank of america reports third quarter earnings, global markets president jim demar will join me. it's all here on "mornings with maria." whatever you need you guys give me a call! ...to saving up... ...to income in retirement. you got this. vanguard fixed income funds can help advisors grow their clients' savings. vanguard. fifty years of high quality investments. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed

maria: thanks very much, lydia hu in pittsburgh.the cleveland-cliffs ceo teaming up to block the transaction. cleveland-cliffs made a failed $7 billion bid for u.s. steel back in august of 2023. reuters reported that ceo lourenco goncalves participated in at least nine calls assuring assuringinvestors that presidenn would scuttle the deal. joining us now, the man himself, cleveland-cliffs ceo lourenco goncalves in this exclusive. cleveland-cliffs is a leading north america based steel producer with focus on value added sheet products. thanks very much for being here this morning. >> my pleasure to be with you, maria. maria: we understand that nippon and u.s. steel are suing the u.s. government but there's a separate suit filed in pittsburgh federal court where the companies are accusing you and the united steelworkers president, dave mccall, of racketeering and anti-competitive activities to keep nippon steel from completing this sale. what is your response? >> my response would be given in court. i have never had so much time to pr

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lydia hu is in pittsburgh with more details on how all of this could play out in court. hi, lydia?ey there, taylor. good to be with you. u.s. steel and nippon steel are asking for an expedited review of their lawsuits because their timeline for getting a deal done if they can is june. so they need the court to look at their lawsuits as quickly as possible. they want the cfius review that was conducted by the biden administration to be set aside and to allow for a new cfius national security review to unfold under the trump administration. i spoke with the u.s. steel ceo david byrd on his thoughts of how the biden administration handled the review. >> the president of the united states shamefully, shamefully tainted the cfius process from the very beginning. we respected the process. and that was a mistake that we made. we are owed due process and it sends a terrible message to our workers and a terrible message to our best allies around the world that the our country does not respect the rule of law. >> reporter: and mr. byrd also talked about the union, the united steelworkers, an

lydia hu is here with more and i guess i was surprised it was copper. >> reporter: yeah.t copper. it's mostly zinc, and that's why the cost of making these pennies has gone up so much. but first, here's my prop. how many pennys do you think are in here? and it's not the same answer as on "varney." >> i didn't. 200? >> no, it's much more, 550. i think that that means it's worth 5.50, but here's the kicker. the make this many pennies is more than $20 the because it costs for one penny three of and a half cents -- taylor: so with inflation, why can't we just get rid of the penny and go to the nickel? >> >> reporter: that's the argument. the concern had been that if we push to the nickel, rounding all of our transactions made in cash to the nearest 5-cent increment, are you taking that money away from folks? i would say that argument a back in 2012, the last time we really revisited getting rid of the penny, maybe that made a lot of cents. it was too expensive. now with inflation, to your point, taylor, maybe it's time the really think about that. a. taylor: well, lydia, what

shannon bream breaks down the ruling in just a moment coach about forest, fox business lydia hu. lydia we are pointing out these are my world videos people love and why they love tiktok. what is the latest? >> we are bracing to if the sample go dark on sunday and less intervention, which we are not holding out hope from from the biden administration. exactly what that going dark will look like plaintiff remains unknown. we know to expect it will not be available for new downloads or updates in the app store. but some think if you have the app already, that could become dark too possibly with no partiality. the biden administration printing to president-elect trump. karine jean-pierre sang in a statement earlier, "giving the sheer effective timing, the administration understands that must follow to the next administration which takes office on monday." all eyes on trump how and when he will save tiktok. truth social, the supreme court decision was expected and everyone must respect it. my decision on to get dock will be made not-too-distant future, but i must have time to repeat th

fox business' lydia hu with more on that. lydia, good morning. >> reporter: good morning. that's right. we're two days away from that tiktok ban taking effect on sunday. the supreme court is expected to release one or more opinions today. we don't know whether that will include a decision on the tiktok case. the court heard arguments last week on whether the divest or ban law violates first amendment rights. it's possible we'll get an opinion today. that would be very fast for the court to decide the case ton the merits. it's possible the court issues a stay, pausing enforcement of the law, delaying the ban, giving the court more time to ultimately decide the case and that's exactly what president-elect trump is urging the court to do. he filed a brief asking the court pause the ban, give the administration a shot at trying to negotiation a solution. in d.c., lawmakers are scrambling, trying to find a way to pause the ban as well after they largely in a bipartisan fashion voted for the tiktok ban or divest law. democrats specifically are appealing to president biden for a

another chinese owned app potential ban looms it is now soaring to the top of the apple app store lydia hug, they are calling it tiktok refugees tiktok users worried about a looming tiktok ban searching for new social media home there is another app owned by tiktok bytedance soared in popularity, you can see second most down leaded free app in the store but top app you mentioned, the chinese social media app called red note in the united states buy at 17 billion dollars reportedly more than 300 milliontive users for comparison tiktok in u.s. 170 million monthly active users, more than 700,000 have joined red note in two days you ask why join red note in the instagram or facebook owned by meta, red note similar to tiktok snap provides search will you go functions similar another reason trust, of american social media. here is one called tiktok refugee listen to this. >> nobody wants to give meta facebook instagram time of day they could have they could have made it more enjoyable worked on grim could have not censored as much to feel polarizing i feel people doing everything to avoid going

lydia hu spoke to us steel ceo. what do we know, lydia? >> good morning there, dana.ng that u.s. steel and nippon steel are filing a lawsuit about biden's executive order blocking the sale. they said biden affected them with politics. they want a new review under the trump administration after president-elect trump takes office. dana, it's not clear that review, if it were to happen, would lead to a different result because president-elect trump has said he also would block the sale of u.s. steel. in fact, trump posted this just this morning on truth social quote. why would they want to sell u.s. steel now when tariffs will make it a much more profitable and valuable company? wouldn't it be nice to have u.s. steel once the greatest company in the world lead the charge to a greatness again? it can all happen quickly. dana, i asked u.s. steel ceo about trump's plans for tariffs. he says it shows trump cares about the american steel industry and workers but u.s. steel needs nippon's cash and tech technology. >> the investments coming are so extraordinary but the know how

nippon steel is suing president biden over his decision to block the deal, lydia hu joins us from pittsburgh grounds are they suing? >> good morning on the grounds of violation of due process in violation of defense production act. these companies allege that president biden infected the national security review conducted by cbs with politics and deprive them with the neutral evaluation. they want that review set aside biden's order set aside in a new cfius review. it's not clear that that would work to their benefit. president-elect trump has said that he too would block the sale of u.s. steel to nippon unity posted this to true social justice morning, why would they want to sell u.s. steel when tariffs will make it much more profitable. would it be nice ws deal with the greatest company in the world lead the charge toward greatness again. we could all happen very quickly. when i talk with the steel ceo david barrett yesterday i asked him about trump's plans for tariffs and whether that would be enough to protect the market steel industry and mr. dave burritt said president electra cares ab

lydia hu has the story. what's this about, insects and slime?s really disturbing, stuart. those are just some of the unsanitary conditions that are being revealed by newly-released inspection reports. you'll remember that last year, a troubled bore's head plant in virginia closed after it was 60 people were sickened at least and another 10 died from a listeria contamination originating with that plant. these new records show unsanitary conditions exist at three more meat plants and that these issues go back six years. you mentioned the slime and the insects and inspectors also saw equipment covered in meat scraps, green mold, flaking paint, and in one case a puddle of blood, debris and trash, and also condensation falling on to the foods. a boar's head spokesperson said these reports do not meet our high standards and under the guidance of the boar's head food safety advisory we are adopting and implementing enhanced food safety interventions and programs across the entire company. the company says it does continue to operate its plants under no

let's go live the lydia hu with, i don't know, how close are we here?of these people who love tiktok and make their money on it some hope? >> reporter: you know, i think they are holding out hope, but they certainly aren't resting on their laurels, so to speak. they are out trying to find other types of social media homes. you mentioned bytedance's lemon8 ranked second on apple's free top apps. but coming in first, red note, also known as little red book, that app's name is inspired by communist china's first leader, mao zedong, and yet we are still seeing hundreds of thousands of these so-called tiktok refugees flocking to it. it has soared to the number one spot in apple's a app store. of at least 700,000 downloads in just two days. but there is a question on how long in this flight the red note specifically will last or is permitted. you know, tech analysts are quick to point out it is completely chinese-owned, so information gathered by red note flows direct directly into china. and our colleague, edward lawrence, he spoke with the current ambassado

lydia hu, fox business. >> dana: i'm good at that game. >> we couldn't be more pleased with the way things

lydia hu spoke with the ceo of nippon steel. watch this. >> a couple months ago you also said you were faux cussed on the deal. i think -- focused on the deal. i think you seemed confident the deal would close too. yet president biden just blocked it. what went wrong? >> we did everything right as a company with nippon. we did everything right. the government failed us. they failed because they didn't follow the process. and we're going to right that wrong. they failed our workers. they failed our communities. they failed our country. they failed our best ally in asia and they've emboldened china by not following the rule of law. maria: liz, by the way, president trump also deems this a national security threat. >> yeah. and i think both of them are wrong, maria. this is a combination that would make our industry stronger. this is an incredibly important asian ally that we're counting on to help push back against china. everything about this decision is cheesy politically and i think just plain wrong. born out of a time during t

lydia hu in pittsburgh for us. what's u.s. are they saying about this? >> reporter: well, the cleveland cliffs' ceo, lorenzo gone sal stress, he says he saw this lawsuit coming, and he's fully prepared to defend himself in court. he did not the discuss directly the merits of the accusations which are that cleveland cliffs conspired9 with the union to block the sale of u.s. steel, but he did talk about whether he would make another bid himself to buy u.s. steel. recall that cleveland cliffs offered $54 a share in a cash and stock offer to buy u.s. steel, and that competed with nippon's $55 per share offer, all cash there. well, gonsalves says that's off the table, he's not going to revisit. >> new york i'm not. i'm not if. the situation has changed. the backdrop of the market changed. we have a new president coming to town, and tariffs are coming. what they're trying to do is -- [inaudible] >> reporter: and now we see u.s. steel and nippon, you know, filing these lawsuits against the government, against cleveland cliffs, agains

lydia hu from fox business joins us now.s pointed out something that bill hemmer and i maybe missed at the moment. he said we might have broken some news with kevin o'leary who is interested in becoming the owner of tiktok and has apparently but 20 billion on the table as the number. at least maybe that's the negotiating starting point. is that possible? do you see any feasibility of getting a deal like that done so tiktok remains available? >> i think that is definitely where we should keep our eyes this weekend and in the coming days. the reason i say that is because kevin o'leary is presenting an offer to buy tiktok in conjunction with frank mccourt. just mccourt told reuters he is open to allowing bytedance original creators to remain involved in tiktok if it were to come under o'leary and mccourt ownership. that's important. they have to get bytedance to want to di vest and also have to get china's approval for the sale. why is that important? well, president-elect trump was on the phone with president xi we're getting

lydia hu is with us, has more if on this.> reporter: you know what, stuart? i'm going to check the see if we have reaction from if trump, because that would be incredibly important because with now it seems the issue would be punted over to him to deal with, you know? i want the say this result is not surprising. we expected the supreme court to uphold this ban. what is surprising is the speed if at which they rend arerred this decision. we -- rendered this decision. we only had oral arguments seven days ago, and that criminal immunity decision we got over the summer took the court 67 days after oral arguments to decide that case. kind of gives you an idea of how important this case is to the supreme court, and they're recognizing 170 million users are all looking at this and saying, am i still going to be able to use this? with respect to president trump, you know, he filed a brief with the court asking them to pause, delay the implementation of this ban. so his administration if could get sworn in, and he could have an oppo

lydia hu with me. are users already abandoning tiktok?ey are. they're searching for a new social media home. and get this, they call themselves tiktok refugees, and hundreds of thousands of them are turning to another chinese social media app, called red note. the app has soared in popularity, it has skyrocketed to the number one free app many apple's app store. -- in a apple's app store. more than 700,000 users joined in just two days. how long does this flight last, or really how long is it permitted? the house select committee on china has raised a cement call eye on red note -- skeptical eye. it is completely chinese-owned. information gathered flows directly into the hand of china. but some tiktok refugees say they know the risks, and they're not bothered. they're joining red note anyway. watch here. >> i think that all of these apps have, like, those types of risks, and it's -- but at the end of the day, this is what everyone's going to be using then, like, i'll be there. >> reporter: but maybe the tiktok refugees won't have to leav

lydia hu, fox business. >> dana: i'm good at that game. >> we couldn't be more pleased with the way things have gone on capitol hill in washington, d.c. the last two days. if we've learned anything in the past 48 hours is that the democrats haven't found a cure to trump derangement syndrome and their party is still in complete disarray. >> dana: trump team striking an optimistic tone during a flurry of confirmation hearings as democrats scramble to come to a new reality. lee zeldin for epa. doug burgum, secretary of the interior and aaron scott turner. lots happening. welcome to a new hour of "america's newsroom," i'm dana perino. >> bill: four days on the calendar before we're back on trump time. >> dana: what are you talking about? that happened election night. >> bill: maybe. it is going to do another -- we'll go from fourth to fifth gear. waiting to hear from the florida governor ron desantis. sources telling us he will speak about the open senate seat that senator marco rubio would leave behind a day after he received bipartisan praise during his hearing as president-elect donald trum