Steel Standoff: The Blocked Nippon-US Steel A...
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In a highly unusual move, the Biden administration signaled last week that it would block a Japanese company from buying an iconic American company in a critical swing state. Alan Rappeport, who covers the Treasury Department for The Times, discusses the politics that co ...
Shares of U.S Steel plunging as the Biden Administration prepares to block the merger deal with Japan’s Nippon Steel. What the fallout means for U.S. Steel’s future, and the job cuts that could follow. Plus Microsoft’s AI snag. Customers of the company’s Office AI assistant pu ...