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...This time it’s Joe Biden’s insistence that Pennsylvania-based US Steel being taken over by a company from the US’s close ally Japan is a threat to national security....
...“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said....
...US President Joe Biden has come out against Nippon Steel’s proposed purchase of US Steel, saying it is “vital” for the “iconic American steel company” to remain “domestically owned and operated”....
...regarding Japanese ownership of US companies” as Kishida prepares to visit....
...Indeed, if they appear to dither, it will hurt Biden in Pennsylvania, home of the United Steelworkers and a key swing state....
...An American president opposing investment by a staunch ally in a US manufacturing company is a sign that protectionism has run amok....
...One of the advantages of reading the printed version of a newspaper is to understand the interplay of closely-placed headlines on related subjects....
...civilian casualties....
...In the US, it and fellow index fund providers BlackRock and State Street have come under scrutiny from the left and right for the influence they wield by holding large stakes in most American public companies...
...Biden will probably need to win Pennsylvania and Michigan, where the company has plants, to clinch re-election in 2024....
...US company Natural Hydrogen Energy has drilled an exploratory well in Nebraska. “It will take a couple of years to ramp up to commercial production,” said Viacheslav Zgonnik, chief executive....
...They worry Beijing could access Americans’ personal data because Chinese companies must hand over such information to their government if asked....
...The University of Michigan’s US consumer sentiment reading edged down in March to a level well above the worst of inflation in the summer of 2022, but below readings that were common before the pandemic....
...The well-funded campaign threatens to keep an issue that has cost the presidents of Harvard and the University of Pennsylvania their jobs in the headlines....
...We’ve mixed up bits of these tweets with extracts from American Psycho to make a shamelessly clickbait FT Alphaville quiz, where your task is to tell which is which....
...John Fetterman, the progressive Democratic senator for Pennsylvania, and the hawkish Republican Josh Hawley of Missouri also joined calls for the bill to be tabled soon....
...Further reading— Barclays to return £10bn to shareholders (FT)...
...This 1990s conventional wisdom has been undermined by two former senators recently moving to the other end of Pennsylvania Avenue (Biden and Barack Obama)....
...of American jobs and the most pro-union US president in decades....
...The University of Michigan will also release the final reading of its January consumer sentiment index....
...In the party’s primary vote last month in Michigan, a swing state with a large Arab-American population, more than 100,000 Democrats voted “uncommitted” instead of for Biden....
...It is easy to dismiss RFK Jr as a washed up casualty of his own storied dynasty, especially after last Sunday’s bizarre Super Bowl rip-off of JFK’s famous 1960 campaign ad....
...Arsenio Dominguez, secretary-general of the International Maritime Organization, the United Nations’ maritime arm, called the “horrific reports” of the casualties “deeply saddening”....
...Anne-Sylvaine Chassany, companies editor Among many I remember this one, about the rise and fall of entrepreneurs in Xi’s China: She rose from poverty as China prospered....
...Coupled with pension plans also taking advantage of higher yields, this will leave US companies themselves as the only real significant pillar of US equity demand....
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