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REVEALED: 6 | Vintage Vibes

Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career

It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.

Reason

Biden blocks $14.9B sale of U.S. Steel

The president said it was his "responsibility to block foreign ownership of this vital American company”

Salon

Biden blocks sale of US Steel to Japan’s Nippon Steel

Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.

Al Jazeera

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Corpse President Says Companies Can't Do What They Want

Plus: Subway system crime by the numbers, Bernie Sanders' H-1B visa hate, surgeon general still stupid, and more...

Reason

President Biden Rejects Nippon Steel's U.S. Steel Acquisition Deal

President Biden blocks the billion acquisition of U.S. Steel by Nippon Steel, citing national security concerns and potential strain on U.S.-Japan rela...

Top News

Biden To Block US-Japan Steel Deal: US Media

The decision was left with Biden after a US government panel failed to reach a consensus in late December on whether US Steel's acquisition by Nippon Steel threatens Washington's national security.

Latin Times

Biden blocks Nippon purchase of US Steel - Roll Call

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed the deal.

Roll Call

Biden To Block US Steel Takeover By Nippon Steel: Reports

A White House announcement of the presidential finding is being planned unless Biden has a last-minute change of heart, according to the Washington Post and the New York Times.

International Business Times

Biden to block Nippon Steel’s takeover of US Steel, reports say

US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.

Al Jazeera

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International Business Times

Asian Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs, and China's economy gave Wall Street the holiday blues for a fourth straight session.

International Business Times

Asia Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.

Reason

Bootleggers and Baptists in the U.S. Steel Deal

Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.

Reason

Nippon Steel-U.S. Steel Merger Poses No National Security Threat

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

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Salon

Biden to decide Nippon-U.S. Steel deal

Biden has opposed the takeover and believes U.S. Steel should be domestically owned and operated

Top News

US Steel Acquisition By Japanese Rival Faces Uncertain Future

President Biden faces decision on US Steel sale to Japanese rival amid national security concerns and job protection advocacy.

Al Jazeera

US-Japan steel deal goes to Biden for final decision after panel deadlocks

Committee on Foreign Investment in the US fails to agree on national security risks of proposed takeover of US Steel.

The Independent UK

Biden will decide on US Steel acquisition after influential panel fails to reach consensus

A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel

International Business Times

US Panel Could Not Reach Consensus On US-Japan Steel Deal: Nippon

A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.

International Business Times

Nippon Steel Slams 'Inappropriate' Politics In US Deal

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.

Benzinga

Trump's Policies Could Benefit These 3 Stocks

Trump's second term could bring protectionist trade policies, potential benefits for domestic banks and steel producers, and a friendly stance towards mineral projects.

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