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BBCNEWS Business Today September 5, 2024

To acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of nippon steel s bid say the us shouldn t reject ....

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BBCNEWS Business Today September 5, 2024

Nippon steel s $14 billion bid to acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of nippon steel s ....

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BBCNEWS Business Today September 5, 2024

Nippon steels 14 Billion bid to acquire united States Steel has been caught in the cross hairs of an Election Year and in the crucial Swing State of pennsylvania where Us Steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both committed to keep Us Steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of Us Steel is unclear. 1 Million or more to 28 instead of president biden s 39. 6 proposal. The Vice President told su ....

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KGO ABC July 5, 2024

from california to florida, many states hitting triple digits. phoenix now reaching ten consecutive days of 110-degree temperatures. also developing as we come on the air tonight, the images coming in now, the massive landslide destroying at least nine homes and counting in los angeles county. the ground shifting 20 feet overnight, sending homes into a ravine. matt gutman on the scene for us. president biden on the world stage tonight. he has just arrived in lithuania for the high stakes nato summit. and already, major news tonight. sweden to join nato, and president biden is asked, should ukraine be allowed to join, too? elizabeth schulze traveling with the president. the news from the kremlin tonight. moscow now claiming that just five days after that attempted revolt, vladimir putin claims he held a three-hour meeting with yevgeny prigozhin, who led that failed attempt to march on moscow. james longman late reporting from inside ukraine tonight. here in the u ....

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BBCNEWS The July 5, 2024

is to close blast furnaces in port talbot with 3,000 jobs to go. the union plan to savejobs has failed. so what does it say more generally about the green transition? also in the programme. a walk out in northern ireland. no government, no funding, no pay rises. is the standoff over stormont now a constiutional crisis. a constiutional crisis? and is it the demand for cocaine europe that has turned ecuador into a war zone with the drug cartels? is there a future for steel making in the uk? and if there is then what sort of sector does it become. that very issue has been under discussion today between unions representing the steel workers of south wales and the bosses of the tata steel making company. no official word of what has been agreed but we understand tata steel is to close both blast furnaces at its port talbot works with the loss of up to 3,000 jobs. instead of blast furnaces, tata have a plan backed by the british government to invest in a new, greener, elect ....

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