Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
Sunday, January 5th 2025, 5:06:25 am
article
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.
Breaking
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects....
Suspect arrested for threatening Ric Grenell amidst Kennedy Center controversy....
Light snow is possible in New York City and Boston on New Year's Eve to ring in 2026....
