Tag: JOE BIDEN
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CFIUS Panel Divided Over Nippon Steel’s Acquisition of U.S. Steel
The U.S. Treasury informed Nippon Steel that the panel reviewing its $14.9 billion acquisition of U.S. Steel is divided on addressing security concerns. The Committee on Foreign Investment (CFIUS) faces a deadline next Sunday to issue a recommendation, with opposition to the deal rooted in potential national security implications. A report from the Financial Times…
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Top 7 Oil and Gas Stocks to Consider for Investment in 2024
Oil and gas stocks surged following Donald Trump’s election, leading to significant gains in the Energy Select Sector SPDR Fund (XLE). This volatility is shaped by geopolitical tensions and economic factors. Seven major stocks within XLE are highlighted, emphasizing diverse investment opportunities in the energy sector, with market leaders such as Exxon Mobil, Chevron, and…