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.
The startup raised $30 million from Booz Allen Hamilton Ventures, NordicNinja and others.
The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.