US Extends Deadline on Blocked Nippon Steel-U.S. Steel Merger
On June 18th, the deadline for Nippon Steel and U.S. Steel to abandon their $14.1 billion merger, blocked by President Biden on January 3rd due to national security concerns, was extended; the companies filed lawsuits challenging the decision.
US Extends Deadline on Blocked Nippon Steel-U.S. Steel Merger
On June 18th, the deadline for Nippon Steel and U.S. Steel to abandon their $14.1 billion merger, blocked by President Biden on January 3rd due to national security concerns, was extended; the companies filed lawsuits challenging the decision.
Progress
48% Bias Score
Biden Blocks US Steel Takeover Amidst National Security Concerns
President Biden blocked Japan's Nippon Steel's \$14 billion takeover of US Steel, citing national security concerns despite dissent from top officials including Treasury Secretary Janet Yellen, leading to a lawsuit and raising questions about the CFIUS process.
Biden Blocks US Steel Takeover Amidst National Security Concerns
President Biden blocked Japan's Nippon Steel's \$14 billion takeover of US Steel, citing national security concerns despite dissent from top officials including Treasury Secretary Janet Yellen, leading to a lawsuit and raising questions about the CFIUS process.
Progress
40% Bias Score
US Steel, Nippon Sue US Government Over Blocked Merger
US Steel and Nippon Steel are suing the US government after President Biden blocked their $14.3 billion merger, claiming the decision was politically motivated and violated due process; the companies also filed suit against Cleveland-Cliffs and the United Steelworkers union for anticompetitive actio...
US Steel, Nippon Sue US Government Over Blocked Merger
US Steel and Nippon Steel are suing the US government after President Biden blocked their $14.3 billion merger, claiming the decision was politically motivated and violated due process; the companies also filed suit against Cleveland-Cliffs and the United Steelworkers union for anticompetitive actio...
Progress
60% Bias Score
Biden Blocks Nippon Steel's US Steel Acquisition; Legal Action Considered
President Joe Biden blocked Nippon Steel's \$14.3 billion bid to acquire US Steel on national security grounds, prompting Nippon Steel to consider legal action, despite the United Steelworkers' support for the block.
Biden Blocks Nippon Steel's US Steel Acquisition; Legal Action Considered
President Joe Biden blocked Nippon Steel's \$14.3 billion bid to acquire US Steel on national security grounds, prompting Nippon Steel to consider legal action, despite the United Steelworkers' support for the block.
Progress
52% Bias Score
U.S. Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
U.S. Steel and Nippon Steel sued the Biden administration on Monday for blocking their $14 trillion merger, alleging that the decision was politically motivated to benefit the United Steelworkers union and that the administration used national security concerns as a pretext; shares of U.S. Steel and...
U.S. Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
U.S. Steel and Nippon Steel sued the Biden administration on Monday for blocking their $14 trillion merger, alleging that the decision was politically motivated to benefit the United Steelworkers union and that the administration used national security concerns as a pretext; shares of U.S. Steel and...
Progress
52% Bias Score
Biden to Decide Fate of Nippon Steel's US Steel Acquisition
President Biden will decide the fate of Nippon Steel's proposed acquisition of US Steel after a government committee failed to reach consensus on national security implications; the deal faces opposition from the president, and US Steel's stock fell 3% following the news.
Biden to Decide Fate of Nippon Steel's US Steel Acquisition
President Biden will decide the fate of Nippon Steel's proposed acquisition of US Steel after a government committee failed to reach consensus on national security implications; the deal faces opposition from the president, and US Steel's stock fell 3% following the news.
Progress
56% Bias Score
Chinese Hackers Breach US Treasury, Targeting CFIUS and Sanctions Office
Chinese hackers breached the US Treasury Department's unclassified system, accessing data from the Committee on Foreign Investment in the US (CFIUS) and the sanctions office, raising national security concerns amid heightened US-China tensions.
Chinese Hackers Breach US Treasury, Targeting CFIUS and Sanctions Office
Chinese hackers breached the US Treasury Department's unclassified system, accessing data from the Committee on Foreign Investment in the US (CFIUS) and the sanctions office, raising national security concerns amid heightened US-China tensions.
Progress
52% Bias Score
US Steel, Nippon Steel Sue Biden Over Blocked Merger
US Steel and Nippon Steel sued President Biden on Monday, claiming his blocking of their $2.7 billion merger was illegal and politically motivated, jeopardizing US Steel's operations and setting a precedent for future foreign investment.
US Steel, Nippon Steel Sue Biden Over Blocked Merger
US Steel and Nippon Steel sued President Biden on Monday, claiming his blocking of their $2.7 billion merger was illegal and politically motivated, jeopardizing US Steel's operations and setting a precedent for future foreign investment.
Progress
52% Bias Score
CEO's prediction dooms $14.9B steel deal
Cleveland-Cliffs CEO Lourenco Goncalves' repeated assertions to investors that President Biden would block Nippon Steel's $14.9 billion bid for U.S. Steel, ultimately proven correct, raise questions about the influence of corporate lobbying on governmental decisions.
CEO's prediction dooms $14.9B steel deal
Cleveland-Cliffs CEO Lourenco Goncalves' repeated assertions to investors that President Biden would block Nippon Steel's $14.9 billion bid for U.S. Steel, ultimately proven correct, raise questions about the influence of corporate lobbying on governmental decisions.
Progress
40% Bias Score
U.S. Steel, Nippon Steel Sue Biden Over Blocked Merger
Nippon Steel and U.S. Steel sued President Biden on Monday, alleging he unconstitutionally blocked their \$14.9 billion merger through a politically motivated national security review, violating their right to a fair process and seeking to overturn the decision.
U.S. Steel, Nippon Steel Sue Biden Over Blocked Merger
Nippon Steel and U.S. Steel sued President Biden on Monday, alleging he unconstitutionally blocked their \$14.9 billion merger through a politically motivated national security review, violating their right to a fair process and seeking to overturn the decision.
Progress
52% Bias Score
US Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
Nippon Steel and US Steel are suing the Biden administration for blocking their \$15 billion merger, alleging political interference by the president, the United Steelworkers union, and a rival steelmaker; the lawsuit claims this cost US Steel jobs and investment.
US Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
Nippon Steel and US Steel are suing the Biden administration for blocking their \$15 billion merger, alleging political interference by the president, the United Steelworkers union, and a rival steelmaker; the lawsuit claims this cost US Steel jobs and investment.
Progress
60% Bias Score
Biden to Decide Fate of Nippon Steel's US Steel Acquisition
President Biden will decide the fate of Nippon Steel's acquisition of US Steel after a government committee failed to reach a consensus on whether the deal poses a national security risk; the deal has become a political lightning rod, with public opposition from Biden, Vice President Kamala Harris, ...
Biden to Decide Fate of Nippon Steel's US Steel Acquisition
President Biden will decide the fate of Nippon Steel's acquisition of US Steel after a government committee failed to reach a consensus on whether the deal poses a national security risk; the deal has become a political lightning rod, with public opposition from Biden, Vice President Kamala Harris, ...
Progress
48% Bias Score