Government, Business

Nippon Steel to Get Extension on US Steel Plan

A U.S. security panel has granted Nippon Steel permission to refile its plans to purchase United States Steel for $14.1 billion, likely pushing a decision on the takeover past the elections.

Josh Wingrove | Bloomberg News
September 18, 2024
Government, Business

Biden to Reject $14.1 Billion Nippon Steel-US Steel Deal

U.S. President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter.

Josh Wingrove | Bloomberg News
September 4, 2024
Government, Business, Safety, Logistics

‘Tens of Millions’ of COVID Tests Are in the Mail

About 60 million households in the U.S. have ordered at-home COVID-19 tests from the federal government and “tens of millions” of tests have been shipped out by the U.S. Postal Service, according to White House spokeswoman Karine Jean-Pierre.

Josh Wingrove | Bloomberg News
January 28, 2022
Government, Business, Logistics

A Rare Port Success Story Is Chance for Biden to Tout Plans

President Joe Biden will use the Baltimore port as a backdrop Nov. 10 in his campaign to promote the $550 billion infrastructure legislation Congress cleared last week, $17 billion of which would go to ports.

Josh Wingrove | Bloomberg News
November 10, 2021
Government, Business, Logistics

Savannah Port Gets Funds to Expand Container Storage

The U.S. Department of Transportation will allow the Georgia Port Authority to build storage for shipping containers at sites near the Port of Savannah using $8 million in unspent federal grants, part of a new plan to relieve supply chain bottlenecks at U.S. ports.

Josh Wingrove | Bloomberg News
November 9, 2021
Government, Business, Safety

Biden: Companies Should Mandate Vaccine

President Joe Biden said full approval of the Pfizer Inc. and BioNTech SE COVID-19 vaccine should clear the way for companies to impose vaccine requirements for employees.

Josh Wingrove | Bloomberg News
August 23, 2021
Government, Business, Fuel

Biden Won’t Accept Gas Tax in Latest Infrastructure Plan

President Joe Biden still sees sticking points in a draft bipartisan Senate infrastructure plan, as top aides warned June 21 that they continue to explore other legislative pathways and will not support certain tax increases as part of a final deal.

Josh Wingrove | Bloomberg News
June 21, 2021
Government, Business, Logistics

Biden to Approach China Relationship With ‘Patience,’ White House Says

President Joe Biden’s administration is approaching its relationship with Beijing with “patience” and plans to review hard-line policies that were a hallmark of Donald Trump’s presidency, Press Secretary Jen Psaki said.

Josh Wingrove | Bloomberg News
January 25, 2021
Government, Business, Logistics

Trump Casts Doubt on Future of China Trade Deal

President Donald Trump cast doubt on the future of his “phase one” trade deal with China, one of the biggest accomplishments of his first term, saying May 8 that he’s struggling with Beijing in the wake of the global coronavirus pandemic.

Josh Wingrove | Bloomberg News
May 8, 2020
Government, Business, Logistics

Economic Adviser Larry Kudlow Says US Still Expects China for September Trade Talks

President Donald Trump’s top economic adviser, Larry Kudlow, said the United States still expects Chinese negotiators to come to Washington for another round of trade talks in September, even after the two nations escalated their trade war.

Josh Wingrove | Bloomberg News
August 6, 2019