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lydia hu in pennsylvania. stay with us.e right back taking care of mom was becoming a real challenge. i was so grateful to discover visiting angels. mom's visiting angel helps her shower and dress, and she keeps an eye on mom's alzheimer's. and our care manager gives me regular updates. best of all, mom has a trusted companion who cares about her. ♪ visiting angels america's choice in home care ♪ lock in let's go. mom has a trusted companion who c rated e for everyone. [rock and roll music playing] xfinity. made for gaming. rewards members, get early access to an ea sports fc25 kit. visit xfinity.com/rewards. >> president trump will prepare as he likes to say one big beautiful bill he can put altogether, one big upper down vote which can save the country, quite literally because there's so many elements to it. maria: are you expected to raise or eliminate the debt ceiling as part of the big bill? >> i think were going to have to do it in the bill. if you do it in reconciliation you can do it with the republican party. were
lydia hu in pennsylvania. stay with us.e right back taking care of mom was becoming a real challenge. i was so grateful to discover visiting angels. mom's visiting angel helps her shower and dress, and she keeps an eye on mom's alzheimer's. and our care manager gives me regular updates. best of all, mom has a trusted companion who cares about her. ♪ visiting angels america's choice in home care ♪ lock in let's go. mom has a trusted companion who c rated e for everyone. [rock and roll music...
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Jan 15, 2025
01/25
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lydia hu with the details. >> reporter: good morning, maria.the deadly is ' listeria outbreak from last year involving boar's head deli meat. there are new concerns at other deli meat plants by boared head. we have details on the conditions, the questions it raises about the company and questions about what the usda is doing, all of that coming up. maria: this week on "mornings with maria," tomorrow, small business committee chairman roger williams is here on how the republican majority will help struggling american business owners. and friday, bank of america reports third quarter earnings, global markets president jim demar will join me. it's all here on "mornings with maria." whatever you need you guys give me a call! ...to saving up... ...to income in retirement. you got this. vanguard fixed income funds can help advisors grow their clients' savings. vanguard. fifty years of high quality investments. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed
lydia hu with the details. >> reporter: good morning, maria.the deadly is ' listeria outbreak from last year involving boar's head deli meat. there are new concerns at other deli meat plants by boared head. we have details on the conditions, the questions it raises about the company and questions about what the usda is doing, all of that coming up. maria: this week on "mornings with maria," tomorrow, small business committee chairman roger williams is here on how the republican...
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maria: thanks very much, lydia hu in pittsburgh.the cleveland-cliffs ceo teaming up to block the transaction. cleveland-cliffs made a failed $7 billion bid for u.s. steel back in august of 2023. reuters reported that ceo lourenco goncalves participated in at least nine calls assuring assuringinvestors that presidenn would scuttle the deal. joining us now, the man himself, cleveland-cliffs ceo lourenco goncalves in this exclusive. cleveland-cliffs is a leading north america based steel producer with focus on value added sheet products. thanks very much for being here this morning. >> my pleasure to be with you, maria. maria: we understand that nippon and u.s. steel are suing the u.s. government but there's a separate suit filed in pittsburgh federal court where the companies are accusing you and the united steelworkers president, dave mccall, of racketeering and anti-competitive activities to keep nippon steel from completing this sale. what is your response? >> my response would be given in court. i have never had so much time to pr
maria: thanks very much, lydia hu in pittsburgh.the cleveland-cliffs ceo teaming up to block the transaction. cleveland-cliffs made a failed $7 billion bid for u.s. steel back in august of 2023. reuters reported that ceo lourenco goncalves participated in at least nine calls assuring assuringinvestors that presidenn would scuttle the deal. joining us now, the man himself, cleveland-cliffs ceo lourenco goncalves in this exclusive. cleveland-cliffs is a leading north america based steel producer...
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lydia hu is in pittsburgh with more details on how all of this could play out in court. hi, lydia?ey there, taylor. good to be with you. u.s. steel and nippon steel are asking for an expedited review of their lawsuits because their timeline for getting a deal done if they can is june. so they need the court to look at their lawsuits as quickly as possible. they want the cfius review that was conducted by the biden administration to be set aside and to allow for a new cfius national security review to unfold under the trump administration. i spoke with the u.s. steel ceo david byrd on his thoughts of how the biden administration handled the review. >> the president of the united states shamefully, shamefully tainted the cfius process from the very beginning. we respected the process. and that was a mistake that we made. we are owed due process and it sends a terrible message to our workers and a terrible message to our best allies around the world that the our country does not respect the rule of law. >> reporter: and mr. byrd also talked about the union, the united steelworkers, an
lydia hu is in pittsburgh with more details on how all of this could play out in court. hi, lydia?ey there, taylor. good to be with you. u.s. steel and nippon steel are asking for an expedited review of their lawsuits because their timeline for getting a deal done if they can is june. so they need the court to look at their lawsuits as quickly as possible. they want the cfius review that was conducted by the biden administration to be set aside and to allow for a new cfius national security...
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Jan 6, 2025
01/25
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lydia hu spoke to us steel ceo. what do we know, lydia? >> good morning there, dana.ng that u.s. steel and nippon steel are filing a lawsuit about biden's executive order blocking the sale. they said biden affected them with politics. they want a new review under the trump administration after president-elect trump takes office. dana, it's not clear that review, if it were to happen, would lead to a different result because president-elect trump has said he also would block the sale of u.s. steel. in fact, trump posted this just this morning on truth social quote. why would they want to sell u.s. steel now when tariffs will make it a much more profitable and valuable company? wouldn't it be nice to have u.s. steel once the greatest company in the world lead the charge to a greatness again? it can all happen quickly. dana, i asked u.s. steel ceo about trump's plans for tariffs. he says it shows trump cares about the american steel industry and workers but u.s. steel needs nippon's cash and tech technology. >> the investments coming are so extraordinary but the know how
lydia hu spoke to us steel ceo. what do we know, lydia? >> good morning there, dana.ng that u.s. steel and nippon steel are filing a lawsuit about biden's executive order blocking the sale. they said biden affected them with politics. they want a new review under the trump administration after president-elect trump takes office. dana, it's not clear that review, if it were to happen, would lead to a different result because president-elect trump has said he also would block the sale of...
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nippon steel is suing president biden over his decision to block the deal, lydia hu joins us from pittsburgh grounds are they suing? >> good morning on the grounds of violation of due process in violation of defense production act. these companies allege that president biden infected the national security review conducted by cbs with politics and deprive them with the neutral evaluation. they want that review set aside biden's order set aside in a new cfius review. it's not clear that that would work to their benefit. president-elect trump has said that he too would block the sale of u.s. steel to nippon unity posted this to true social justice morning, why would they want to sell u.s. steel when tariffs will make it much more profitable. would it be nice ws deal with the greatest company in the world lead the charge toward greatness again. we could all happen very quickly. when i talk with the steel ceo david barrett yesterday i asked him about trump's plans for tariffs and whether that would be enough to protect the market steel industry and mr. dave burritt said president electra cares ab
nippon steel is suing president biden over his decision to block the deal, lydia hu joins us from pittsburgh grounds are they suing? >> good morning on the grounds of violation of due process in violation of defense production act. these companies allege that president biden infected the national security review conducted by cbs with politics and deprive them with the neutral evaluation. they want that review set aside biden's order set aside in a new cfius review. it's not clear that...
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Jan 15, 2025
01/25
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lydia hu has the story. what's this about, insects and slime?s really disturbing, stuart. those are just some of the unsanitary conditions that are being revealed by newly-released inspection reports. you'll remember that last year, a troubled bore's head plant in virginia closed after it was 60 people were sickened at least and another 10 died from a listeria contamination originating with that plant. these new records show unsanitary conditions exist at three more meat plants and that these issues go back six years. you mentioned the slime and the insects and inspectors also saw equipment covered in meat scraps, green mold, flaking paint, and in one case a puddle of blood, debris and trash, and also condensation falling on to the foods. a boar's head spokesperson said these reports do not meet our high standards and under the guidance of the boar's head food safety advisory we are adopting and implementing enhanced food safety interventions and programs across the entire company. the company says it does continue to operate its plants under no
lydia hu has the story. what's this about, insects and slime?s really disturbing, stuart. those are just some of the unsanitary conditions that are being revealed by newly-released inspection reports. you'll remember that last year, a troubled bore's head plant in virginia closed after it was 60 people were sickened at least and another 10 died from a listeria contamination originating with that plant. these new records show unsanitary conditions exist at three more meat plants and that these...
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lydia hu spoke with the ceo of nippon steel. watch this. >> a couple months ago you also said you were faux cussed on the deal. i think -- focused on the deal. i think you seemed confident the deal would close too. yet president biden just blocked it. what went wrong? >> we did everything right as a company with nippon. we did everything right. the government failed us. they failed because they didn't follow the process. and we're going to right that wrong. they failed our workers. they failed our communities. they failed our country. they failed our best ally in asia and they've emboldened china by not following the rule of law. maria: liz, by the way, president trump also deems this a national security threat. >> yeah. and i think both of them are wrong, maria. this is a combination that would make our industry stronger. this is an incredibly important asian ally that we're counting on to help push back against china. everything about this decision is cheesy politically and i think just plain wrong. born out of a time during t
lydia hu spoke with the ceo of nippon steel. watch this. >> a couple months ago you also said you were faux cussed on the deal. i think -- focused on the deal. i think you seemed confident the deal would close too. yet president biden just blocked it. what went wrong? >> we did everything right as a company with nippon. we did everything right. the government failed us. they failed because they didn't follow the process. and we're going to right that wrong. they failed our workers....
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lydia hu in pittsburgh for us. what's u.s. are they saying about this? >> reporter: well, the cleveland cliffs' ceo, lorenzo gone sal stress, he says he saw this lawsuit coming, and he's fully prepared to defend himself in court. he did not the discuss directly the merits of the accusations which are that cleveland cliffs conspired9 with the union to block the sale of u.s. steel, but he did talk about whether he would make another bid himself to buy u.s. steel. recall that cleveland cliffs offered $54 a share in a cash and stock offer to buy u.s. steel, and that competed with nippon's $55 per share offer, all cash there. well, gonsalves says that's off the table, he's not going to revisit. >> new york i'm not. i'm not if. the situation has changed. the backdrop of the market changed. we have a new president coming to town, and tariffs are coming. what they're trying to do is -- [inaudible] >> reporter: and now we see u.s. steel and nippon, you know, filing these lawsuits against the government, against cleveland cliffs, agains
lydia hu in pittsburgh for us. what's u.s. are they saying about this? >> reporter: well, the cleveland cliffs' ceo, lorenzo gone sal stress, he says he saw this lawsuit coming, and he's fully prepared to defend himself in court. he did not the discuss directly the merits of the accusations which are that cleveland cliffs conspired9 with the union to block the sale of u.s. steel, but he did talk about whether he would make another bid himself to buy u.s. steel. recall that cleveland...