The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.
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Once the world’s largest corporation, US Steel agreed to sell itself to Japan’s Nippon Steel for just over $14 billion in a deal.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.