CFIUS Deadlocks on Nippon Steel-U.S. Steel Merger, Decision Rests with Biden
President Joe Biden will decide the fate of a proposed $14.9 billion deal for Nippon Steel to acquire U.S. Steel after a government panel deadlocked on national security concerns; Biden previously opposed the deal citing concerns over domestic ownership and operation.
CFIUS Deadlocks on Nippon Steel-U.S. Steel Merger, Decision Rests with Biden
President Joe Biden will decide the fate of a proposed $14.9 billion deal for Nippon Steel to acquire U.S. Steel after a government panel deadlocked on national security concerns; Biden previously opposed the deal citing concerns over domestic ownership and operation.
Progress
48% Bias Score
Biden to Decide Fate of U.S. Steel's $14.1 Billion Sale
President Biden will decide within 15 days whether to approve Nippon Steel's $14.1 billion acquisition of U.S. Steel after a federal panel failed to reach a consensus, despite Nippon Steel's pledges to maintain U.S. jobs and operations and counter China's steel dominance.
Biden to Decide Fate of U.S. Steel's $14.1 Billion Sale
President Biden will decide within 15 days whether to approve Nippon Steel's $14.1 billion acquisition of U.S. Steel after a federal panel failed to reach a consensus, despite Nippon Steel's pledges to maintain U.S. jobs and operations and counter China's steel dominance.
Progress
48% 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
U.S. Steel Stock Plunges on Lowered Guidance
U.S. Steel's stock fell 4% in after-hours trading after the company lowered its fourth-quarter guidance due to low steel prices and high costs, adding to its 35% decline in 2024 and raising concerns about a proposed buyout from Nippon Steel; Nike's stock was initially up 9% after hours but fell back...
U.S. Steel Stock Plunges on Lowered Guidance
U.S. Steel's stock fell 4% in after-hours trading after the company lowered its fourth-quarter guidance due to low steel prices and high costs, adding to its 35% decline in 2024 and raising concerns about a proposed buyout from Nippon Steel; Nike's stock was initially up 9% after hours but fell back...
Progress
24% Bias Score
Thyssenkrupp to Close Kreuztal Plant, Threatening 500 Jobs and Regional Economy
Thyssenkrupp plans to close its Kreuztal Eichen steel plant, impacting 500 employees and potentially causing a domino effect across the Siegerland region, as part of a broader plan to cut 11,000 jobs by 2030, raising concerns about regional economic stability and Germany's steel industry's future.
Thyssenkrupp to Close Kreuztal Plant, Threatening 500 Jobs and Regional Economy
Thyssenkrupp plans to close its Kreuztal Eichen steel plant, impacting 500 employees and potentially causing a domino effect across the Siegerland region, as part of a broader plan to cut 11,000 jobs by 2030, raising concerns about regional economic stability and Germany's steel industry's future.
Progress
44% Bias Score
Biden Opposes Nippon Steel's U.S. Steel Bid, Citing National Security
President Biden opposes Nippon Steel's \$15 billion bid for U.S. Steel, citing national security concerns; CFIUS has until December 22 to decide, and the companies may sue if the deal is blocked.
Biden Opposes Nippon Steel's U.S. Steel Bid, Citing National Security
President Biden opposes Nippon Steel's \$15 billion bid for U.S. Steel, citing national security concerns; CFIUS has until December 22 to decide, and the companies may sue if the deal is blocked.
Progress
40% Bias Score
Whyalla Steelworks Faces Closure, Threatening Australia's Construction Industry
The Whyalla steelworks, a crucial supplier of rebar steel for Australia's construction industry, is facing potential closure due to operational problems, prompting South Australian Premier Peter Malinauskas to warn of a "national disaster" and raise concerns about job losses and reliance on imported...
Whyalla Steelworks Faces Closure, Threatening Australia's Construction Industry
The Whyalla steelworks, a crucial supplier of rebar steel for Australia's construction industry, is facing potential closure due to operational problems, prompting South Australian Premier Peter Malinauskas to warn of a "national disaster" and raise concerns about job losses and reliance on imported...
Progress
40% Bias Score
Biden to Decide Fate of Nippon Steel's U.S. Steel Acquisition
President Joe Biden will decide within 15 days whether to block a nearly $15 billion deal for Nippon Steel of Japan to purchase U.S. Steel, after a government panel failed to reach consensus on national security risks; the United Steelworkers union opposes the deal, while Nippon Steel promises signi...
Biden to Decide Fate of Nippon Steel's U.S. Steel Acquisition
President Joe Biden will decide within 15 days whether to block a nearly $15 billion deal for Nippon Steel of Japan to purchase U.S. Steel, after a government panel failed to reach consensus on national security risks; the United Steelworkers union opposes the deal, while Nippon Steel promises signi...
Progress
44% Bias Score
Cleveland-Cliffs Stock Plummets 50% Amidst Weak Steel Demand
Cleveland-Cliffs' stock has fallen 50% year-to-date due to weak steel demand, underperforming the S&P 500 and its peers; however, a recent acquisition and projected demand rebound offer potential for recovery.
Cleveland-Cliffs Stock Plummets 50% Amidst Weak Steel Demand
Cleveland-Cliffs' stock has fallen 50% year-to-date due to weak steel demand, underperforming the S&P 500 and its peers; however, a recent acquisition and projected demand rebound offer potential for recovery.
Progress
56% Bias Score
ArcelorMittal: Projected Revenue Growth and Earnings Potential
ArcelorMittal projects a 14% revenue increase by 2028, adding $9 billion, driven by strong EBITDA growth and diversification, despite market challenges and geopolitical risks. This could double earnings and significantly increase the stock price.
ArcelorMittal: Projected Revenue Growth and Earnings Potential
ArcelorMittal projects a 14% revenue increase by 2028, adding $9 billion, driven by strong EBITDA growth and diversification, despite market challenges and geopolitical risks. This could double earnings and significantly increase the stock price.
Progress
48% Bias Score
Thyssenkrupp Steel to Cut 11,000 Jobs, Close Plants
Thyssenkrupp Steel, Germany's largest steel producer, announced plans to cut 11,000 jobs, including the closure of its Kreuztal-Eichen plant and potential closure of its Duisburg plant, impacting over one-third of its workforce and exacerbating unemployment in the already economically challenged Ruh...
Thyssenkrupp Steel to Cut 11,000 Jobs, Close Plants
Thyssenkrupp Steel, Germany's largest steel producer, announced plans to cut 11,000 jobs, including the closure of its Kreuztal-Eichen plant and potential closure of its Duisburg plant, impacting over one-third of its workforce and exacerbating unemployment in the already economically challenged Ruh...
Progress
52% Bias Score
Thyssenkrupp Steel to Cut 11,000 Jobs, Close Kreuztal Plant
Thyssenkrupp Steel, Germany's largest steel producer, announced plans to cut 11,000 jobs, close its Kreuztal plant, and reduce Duisburg production capacity due to cheaper Asian imports, declining automotive demand, and insufficient past investment, severely impacting the Ruhr region.
Thyssenkrupp Steel to Cut 11,000 Jobs, Close Kreuztal Plant
Thyssenkrupp Steel, Germany's largest steel producer, announced plans to cut 11,000 jobs, close its Kreuztal plant, and reduce Duisburg production capacity due to cheaper Asian imports, declining automotive demand, and insufficient past investment, severely impacting the Ruhr region.
Progress
32% Bias Score