President Joe Biden has blocked Japanese steel giant Nippon Steel’s acquisition of U.S. Steel, citing national-security risks. The trouble is, these risks were fabricated to benefit Cleveland ...
Foot orthotics are shoe inserts that can be custom-made to prescribed specifications or purchased "off-the-shelf." Custom-made orthotics are generally considered more effective and of higher quality ...
Truman’s national security executive order seizing steel plants to ensure production during a labor dispute. This came eight years after the court, in one of its worst decisions, upheld Presiden ...
President Biden's decision to block Nippon Steel's proposed acquisition of U.S. Steel for $14 billion was based on national security concerns – a rationale that has sparked pushback. Biden ...
Curtin University's Dean of Global Futures Joe Siracusa discusses US President Joe Biden blocking the sale of US Steel to Japanese firm Nippon Steel. President Joe Biden says he will block the ...
purchase of US Steel citing national security concerns, in a potentially fatal blow to the deal after a year-long review. Biden, President-elect Donald Trump and an influential labor union opposed the ...
"This acquisition would place one of America's largest steel producers under foreign control and create risk for our national security and our critical supply chains," Biden said in a statement.
President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan ... was made due to national security concerns," added the government ...
"A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains," Biden said in a statement. "Without domestic ...
or delay an approval until Nippon Steel could allay concerns that its ownership would harm the American manufacturing supply chain. During closed-door discussions, national security adviser Jake ...
That would have allowed Nippon Steel to advance more proposals to minimize potential national security risks, effectively pushing the matter to the next administration, according to three officials.
For months, United States Steel argued that selling out to Japanese-owned Nippon Steel was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a ...