The $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel is facing strong resistance from U.S. lawmakers and labor unions, who warn that the deal could threaten national security …
Category:
Business
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Thousands of U.S. workers are facing job losses as major corporations across the technology, energy, and manufacturing sectors announce significant layoffs. Companies including Meta, ExxonMobil, and Boeing are cutting jobs …
- Business
Biden Administration Brokers Deal to Avert U.S. Port Strike, Preventing Supply Chain Crisis
The Biden administration has successfully brokered a last-minute agreement between shipping companies and the International Longshoremen’s Association (ILA), preventing a massive port strike that could have disrupted supply chains across …
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In a landmark move for the oil and gas industry, ExxonMobil has received regulatory approval to acquire Pioneer Natural Resources in a $60 billion deal, making it one of the …
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In a landmark decision aimed at enhancing worker mobility and boosting wages, the Federal Trade Commission (FTC) has officially banned non-compete agreements across the United States. The sweeping regulation is …
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U.S. cites national sovereignty and economic concerns in decision In a move that has drawn both criticism and support, the Biden administration has announced that it will not formally adopt …
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President Donald Trump’s abrupt tariff reversals have left businesses and investors scrambling, as the administration partially rolled back recently imposed duties on steel and aluminum imports from Canada and Mexico—just …
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Regulators, Lawmakers, and Unions Raise National Security and Job Loss Concerns Nippon Steel’s $14.9 billion bid to acquire U.S. Steel is facing intense opposition from lawmakers, labor unions, and federal …
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After nearly 40 years of serving budget-conscious shoppers, 99 Cents Only Stores is shutting down for good. The discount retailer, which has been struggling with financial challenges, has announced that …
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A wave of large-scale layoffs is sweeping across multiple industries as major U.S. companies—Meta, ExxonMobil, and Boeing—announce job cuts affecting thousands of workers. The reductions reflect corporate restructuring, economic pressures, …
