Panel fails to reach consensus on national security risk of U.S. Steel sale
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
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A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan pushback since the $15 billion deal was announced. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
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President Biden met with South Korea's president and Japan's new prime minister at the Asia-Pacific Economic Cooperation summit. He said cooperation with the allies is integral to countering North Korea and Russia's cooperation. CBS News correspondent Natalie Brand has more.
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