What could be the most powerful machine gun in human history is being developed by Chinese scientists and engineers. This weapon consists of five or more barrels, with each barrel capable of ...

China is pushing the boundaries of weapons technology with the development of a new rapid-fire machine gun. Equipped with at least five barrels, this weapon can fire up to 450,000 rounds per ...

An icon in the shape of a lightning bolt. Impact Link Shares in US Steel fell on Friday after President Joe Biden blocked a $14 billion takeover by Nippon Steel. In a statement, Biden said a ...

compromise our ability to meet our own national security and critical infrastructure needs,” McCall said. McCall insisted that US Steel has the financial wherewithal to make the company strong ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

Biden, however, cited steps his administration has taken to strengthen the steel industry in the United States while warning that national security concerns if such a prominent steel company was ...

President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan ... was made due to national security concerns," added the government ...

to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible evidence" that the Japan-based steelmaker "might take action that threatens to ...

President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...

Why did President Biden block Nippon Steel’s takeover of US Steel? President Biden blocked the deal due to national security concerns, as US Steel is considered a critical industry for the United ...

On Friday, Steelworkers President David McCall said the union is grateful for Biden’s move to block the sale and called it the “right move for our members and our national security.” McCall had long ...