Labor groups cheer Biden dismissal of US Steel sale as businesses bristle

5 days ago 3

Labor groups applauded while businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over national security concerns. Nippon Steel and U.S. Steel said they were “dismayed” by the decision and said the administration didn’t present any evidence that the…

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Bdtype.

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.bdtype.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article