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Biden blocks U.S. Steel's sale to Nippon Steel over national security, supply chain risks
President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, setting up a likely federal court battle.
Biden blocks US Steel sale to Japanese competitor
President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s labor allies and scorn from proponents of an open U.
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.
Workers union, Pennsylvania mayor react to Biden’s block of Nippon Steel’s proposed deal on US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Joe Biden 'Sacrificed' US Workers for Own Political Agenda—Nippon Steel
Nippon Steel, the company that President Joe Biden reportedly blocked from buying United States Steel on Friday, said it was "dismayed" by a decision that "sacrificed the future of American steelworkers.
US Steel acquisition by Japan’s Nippon blocked
President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security.
14h
on MSN
Tim Cook must pull off a careful balancing act to protect Apple's supply chain empire in China
Donald Trump term means the Apple CEO will need to find ways to keep his supply chain in China out of any potential trade ...
11h
Cognitive Diversity: A Game-Changer For Supply Chain Leadership
For supply chains, where interdependence and collaboration are key, fostering cognitive diversity can be a game-changer.
RFID Journal
1d
Impinj: Top Headaches for Supply Chain Managers in 2025
Data accuracy gaps leaves managers struggling to insights, visibility, and accuracy required to drive confidence in their ...
Hosted on MSN
6h
Rivian Stock Hits 5-Month Highs On 'Solid' Delivery Numbers, Supply-Chain Update: Retail's Over The Moon
Rivian Automotive Inc. (RIVN) shares surged nearly 20% on Friday, reaching levels not seen since August 2024, following the release of annual delivery and production figures. The stock was among ...
Marketplace
1d
Why a port dispute could snarl America’s supply chain
We'll hear what's left to hammer out in talks between dockworkers and port operators. Plus: a pulse check on global markets.
10h
Top US-Canada supply chain stories of 2024
Canada cross-border supply chain stories include Pride Group’s bankruptcy, as well as railway and port strikes. The post Top ...
Material Handling & Logistics
4d
White House Issues Quadrennial Supply Chain Review
The Quadrennial Supply Chain Review also highlighted actions such as the CHIPS and Science Act, the Broadband Equity, Access, ...
Supply Chain
7d
Navigating Supply Chain Disruptions During Peak Seasons and Beyond
Supply chain disruptions throughout 2024 highlighted the risks of relying too heavily on one supply strategy. Incidents such ...
RFID Journal
4d
Supplier Diversification, AI Readiness, and Circularity Top Supply Chain Priorities | 2024 RFIDJournal.com Year in Review
The next phase of supply chain transformation hinges on adopting innovative strategies that address disruption, ...
The Financial Express
9d
How will the future of the supply chain look in 2025?
By 2025, technology will be at the core of supply chain innovation. Early warning systems, leveraging variables like weather ...
2d
China struggles to build car chip supply chain to break free of heavy reliance on imports
China's surging electric vehicle (EV) output has ignited demand for automotive chips, but domestic firms remain reliant on ...
2d
on MSN
Fintech Support For MSME Exporters Amid Global Supply Chain Disruptions
Despite their significance, MSME exporters face a significant challenge due to traditional credit mechanisms. Banks typically ...
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