Latest in Steel Blunder Forced
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Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - Jan. 3 -
Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel
President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned. Joe Biden has blocked a $14.9bn bid by Japan’s Nippon Steel for US Steel, ...The Guardian - Jan. 3 -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - Jan. 3 -
Biden rejecting deal between U.S. Steel and Japan's Nippon Steel, according to reports
President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.CBS News - Jan. 3 -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - Jan. 3 -
Russian gas shutdown forces closure of almost all industry in Transnistria
Pro-Russia Moldovan region suffers major hit after Ukraine ends transit agreement, with only food producers functioning. The shutdown of Russian gas supplies to Moldova’s breakaway Transnistria ...The Guardian - Jan. 2 -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - Jan. 2 -
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A Staunch Ally in Africa Says French Forces Will Withdraw
The troops are expected to leave Ivory Coast this month as France, a former colonial power in West Africa, fast loses influence there.The New York Times - Jan. 2 -
New Orleans steel barricades malfunctioning, bollards down for repair ahead of terror attack
Steel barriers on New Orleans’s Bourbon Street had been malfunctioning and bollards on the popular thoroughfare were down for repair ahead of a deadly attack early Wednesday morning, police said. ...The Hill - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1
