Biden Halts Nippon Steel and US Steel Merger; Giuliani Appears in New York for Contempt Hearing

On Friday, President Joe Biden took action to fulfill his promise to block Nippon Steel’s $14.9 billion acquisition of U.S. Steel, expressing concerns that the transaction could pose a threat to national security.

A federal judge in Manhattan will review a request from two election workers in Georgia to hold former New York City Mayor Rudy Giuliani in civil contempt for…