US steel, Nippon deal | Fox Business
FOX Business Correspondent Lydia Hu gave an update on the deal, which she believes will make the steel industry “stronger and more competitive,” on “The Bottom Line.” U.S. Steel shareholders have approved a controversial $14.1 billion acquisition by Japanese-owned Nippon Steel. U.S. Steel said more than 98% of its shares voted to approve the merger […]
US Steel shareholders approve Nippon buyout despite political opposition
U.S. Steel shareholders on Friday approved a $14.9 billion acquisition by Japan’s Nippon Steel, despite opposition from the Biden administration, steelworkers and members of Congress. “#USSteel is pleased to report that, based on preliminary vote counts, 98% of our stockholders voted to approve our proposed merger with Nippon Steel,” US Steel announced. post Go to […]
Japanese Corp. Trying to Buy U.S. Steel Tied to China
Several senators from the country’s Rust Belt are sounding the alarm over ties between the Chinese Communist Party (CCP) and Nippon Steel, a Japanese conglomerate that is considering acquiring US Steel Corporation. Last December, executives at U.S. Steel and Nippon Steel announced a nearly $15 billion deal to sell the iconic American steel giants to […]
First section of mangled steel removed from collapsed Baltimore Key Bridge
Engineers began carefully removing the first chunks of twisted steel from the collapsed section of Baltimore’s Francis Scott Key Bridge late Saturday with the help of several large cranes. A huge cargo ship crashed into one of the bridge’s main supports on the nearly 50-year-old Patapsco River in Maryland on Tuesday, killing six construction workers […]
Richard Serra, US artist known for enormous steel sculptures, dead at 85
Richard Serra, the American artist whose giant steel sculptures covered in a beautiful rusted patina adorned the landscape and dominated the vast galleries of some of the world’s finest museums, died on Tuesday, The New York Times reported. reported. He was 85 years old. The artist died of pneumonia at his home in Long Island, […]
MAZZELLA: Blocking The US Steel Deal On ‘National Security Grounds’ Undermines National Security
In today’s highly partisan environment at home and abroad, the temptation to abandon good judgment and fidelity to constitutional norms is especially acute. John Adams famously said that the Founding Fathers created “a government of laws, not of men.” But as governments gain more and more power over nearly every aspect of our lives and […]
Tiger Woods, Rory McIlroy’s TGL league unveils part of 2025 schedule, new steel facility
Tiger Woods and Rory McIlroy’s TGL league didn’t get off to a good start, and in fact, it was a slump. However, the new league, which was postponed for a year due to the dome collapse, will officially open on January 7, 2025, the first Tuesday of this year. ESPN will televise the league’s first […]
Steel doors, new riot squad: Portland prepares for fiery election season
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Keeping U.S. Steel American Isn’t Protectionism
US steel and the formation of trade policy If there is something out of control in US trade policy, it certainly does not seem to be protectionism. Joe Biden’s latest accusations Japan-U.S. steel marriage I heard a scream as expected. protectionism From a self-proclaimed free market critic. Michael Strain is incarcerated at the American Enterprise […]
Nippon Steel defends US Steel acquisition after Biden opposition
Nippon Steel defended The possibility of the company acquiring U.S. Steel emerged on Friday after President Biden opposed the deal the previous day. “Our transaction has clear benefits for U.S. Steel, our union members, the broader U.S. steel industry, and U.S. national security,” the Japanese company said in a statement. “Through increased financial investment and […]