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After months of signaling disapproval of Nippon Steel’s $14.9 billion bid to acquire U.S. Steel, President Biden deferred his decision on the fate of that deal until after the election.
Benefits of Natural Light in a Basement The basement is the coldest, darkest room in any house. In many, it’s a place much ...
That is not because national security would actually be imperiled by Nippon’s purchase of U.S. Steel. Although founded more than a century ago, and once the largest producer of steel in the ...
with Nippon Steel offering a potential solution. The Biden administration is likely to block the deal, citing national security concerns. Without the buyout, U.S. Steel may face layoffs and closures.
The Biden administration sent Nippon Steel a letter last weekend saying its $14.9 billion acquisition of U.S. Steel would pose a national security risk, according to a report. Reuters, citing ...
As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics. By Alan ...
issued what they said were legally binding commitments to guarantee the union’s existing contract with U.S. Steel. The move would protect steelworkers’ job security, benefits and workplace rules.