U.S. Steel’s chief executive said the company would close steel mills if its planned sale to Nippon Steel collapses, as the Biden administrat...
U.S. Steel’s chief executive said the company would close steel mills if its planned sale to Nippon Steel collapses, as the Biden administration is moving closer to blocking the deal.
CEO David Burritt said the nearly $3 billion that Japan-based Nippon Steel has pledged to invest in the Pittsburgh company’s older mills is critical to keeping them competitive and maintaining workers’ jobs. “We wouldn’t do that if the deal falls through,” Burritt said in an interview. “I don’t have the money.”"Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust"that highlights survey data on topics on which Americans largely agree. Its goal is to correct political misperceptions, highlight common ground, and help people feel calmer and more united.
"think that the federal minimum wage of $7.25 an hour is not enough for the average American worker to have a decent quality of life." Grim new survey shows how California Gov. Gavin Newsom's $20-an-hour minimum wage for fast-food workers has helped tank the industry
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Steel Shares Fall as Biden Prepares to Block Sale to Nippon SteelSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Biden reportedly to block Nippon Steel's $14.9B takeover of U.S. SteelPresident Joe Biden is expected to block Japan-based Nippon Steel's proposed $14.9 billion acquisition of Pennsylvania-based U.S. Steel on national security grounds, according to reports.
Read more »
Biden preparing to block Nippon Steel purchase of U.S. SteelThe decision would be a stunning rejection of a deal proposed by Japan, a U.S. ally, that became a major political controversy ahead of the November election.
Read more »
U.S. Steel shares plunge on report White House preparing to block Nippon Steel takeoverPresident Joe Biden is preparing to announce that he will block the $14.9 billion takeover of U.S. Steel by Japan’s Nippon Steel, according to The…
Read more »
Nippon Steel shares rise after news Biden close to blocking its U.S. Steel buyNippon Steel shares rise after news Biden close to blocking its U.S. Steel buy
Read more »
Biden close to blocking Nippon Steel deal to buy US SteelNo 1 source of global mining news and opinion
Read more »