Nissan and Honda to Attempt Merger

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Merger,Automotive,Nissan

Nissan and Honda are reportedly planning to merge, creating the world's third-largest automaker.

The Afternoon WireRelief, defiance, anger: Families and advocates react to Biden's death row commutationsThe Afternoon WireA history of the Panama Canal — and why Trump can't take it back on his ownGeorgia turns to backup Stockton at quarterback in CFP quarterfinal; Beck has season-ending surgeryNissan and Honda to attempt a merger that would create the world's No.

The interagency committee reviews such deals with an eye toward potential national security risks. Monday was the deadline to approve the deal, recommend that Biden block it or extend the review process.Relief, defiance, anger: Families and advocates react to Biden’s death row commutations The steelworkers union has said it doesn’t believe Nippon Steel would keep jobs at unionized plants, make good on collectively bargained benefits or protect American steel production from cheap foreign imports.

U.S. Steel said in a statement Monday that the deal “is the best way, by far, to ensure that U.S. Steel, including its employees, communities, and customers, will thrive well into the future.” It also pledged to protect U.S. Steel in trade matters and to not lay off employees or close plants during the term of the basic labor agreement. Earlier this month, it offered $5,000 in closing bonuses to U.S. Steel employees, a nearly $100 million expense.

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