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...All three senators are from states where the United Steelworkers union has a large presence....
...The median pay gap at British Airways widened from 32 per cent a year ago to 37 per cent in 2023-24....
...The biggest attempt to date came in December, with Nippon Steel launching an $15bn all-cash bid for US Steel....
...“President Biden and the union are saying all kinds of things. Basically, they are concerned about job security and national security....
...Other potential solutions exist on data: the US could, given the legislative will, enact a ban on all tech companies, domestic and foreign, from transferring data to foreign countries....
...Shares in Japan’s two biggest, JAL and All Nippon Airways, have barely budged in the past year, during a time when the broader benchmark Nikkei 225 index has risen by more than a third....
...new investment would all go to USW-represented facilities....
...’s ties with Hungary to ‘all-weather’ partnership Pandemic-era winners suffer $1.5tn fall in market value The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino...
...Workers have not warmed to Nippon since December, when the Japanese company prevailed with an all-cash bid that reflected a more than 100 per cent premium paid....
...And all Nippon Steel can really do is sort of sit and wait it out....
...In a statement on Monday, the Japanese group said it plans to buy US Steel in an all-cash transaction at $55 per share, which represents a 40 per cent premium to the US steelmaker’s closing share price on...
...Already, all of Arnault’s children work at the group....
...“The president knows all this, but sadly it looks like election year politics will win out,” the person said....
...For its part, Cleveland-Cliffs said it hoped the Nippon deal would reset corporate asset prices higher. Nippon’s all-cash blowout offer is a win for US Steel shareholders....
...“Some will say this is a modest profit but, given where SAA is coming from, I wouldn’t say this is a modest achievement at all.”...
...His comments on Tuesday followed the announcement of Nippon’s all-cash $14.9bn takeover bid for US Steel, a deal that would make the combined group the world’s third-biggest steel producer....
...In a statement to the FT, the company said that it believed the acquisition “will be beneficial to all stakeholders.”...
...My nose and airways were noticeably clearer, and my eyes felt bright and sparkling....
...British Airways is turning to greater use of artificial intelligence to improve its flight operations that have suffered a series of meltdowns in recent years....
...But foreign investment is a sign of the strength of the American economy, and Biden should be doing all he can to welcome more of it....
...And if the real reason for opposing the Nippon Steel takeover is that it threatens American jobs, as Biden claims, what evidence do we have that Nippon Steel is in any way anti-job or anti-union?...
...The acquisition of US Steel by Nippon Steel is a symbolic deal (both companies are after all named after their respective countries, ie “Nippon” means Japan)....
...Take a break from the news What began as a resolution to see more of the US snowballed into seeing it all....
...RedBird said that “the notion that [it] doesn’t own and control AC Milan is just false and contradicts all the evidence and facts”. Elliott also disputes any lack of clarity....
...On Monday, a US federal judge nixed JetBlue’s all-cash buyout for Spirit Airlines, with an equity value of $3.8bn....
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