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Biden rejects Nippon Steel's proposed deal to acquire US Steel

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www.wjbf.com – FATIMA HUSSEIN and JOSH BOAK, Associated Press – 2025-01-03 07:30:00

SUMMARY: President Joe Biden has officially blocked the proposed $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel, reaffirming his commitment to prioritize American steel companies. Despite the Committee on Foreign Investment in the United States (CFIUS) failing to reach a consensus on national security risks, Biden emphasized the importance of maintaining U.S.-owned steelmaking capacities. Concerns from labor unions about job security and financial transparency also influenced his decision. While the acquisition had supporters, including some lawmakers, Biden’s rejection may strain U.S.-Japan relations, especially as Japan is a key ally and major holder of U.S. debt.

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News from the South - Georgia News Feed

44% of home sellers are giving concessions to buyers: Redfin

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www.wsav.com – Andrew Dorn – 2025-05-03 10:23:00

SUMMARY: Rising inventory and weak demand are shifting leverage to home buyers, with sellers offering concessions in 44% of U.S. home sales in Q1 2024, up from 39% the previous year. Concessions, such as covering repair costs, closing fees, or mortgage-rate buydowns, help buyers afford homes without lowering list prices. The Pacific Northwest leads, notably Seattle (71%) and Portland (64%), where sellers offer perks to keep prices high amid tough market conditions. In contrast, cities like New York (6%) and Miami (34%) see fewer concessions as sellers pre-price homes more competitively. Nationwide, 16% of sales included both price cuts and concessions.

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News from the South - Georgia News Feed

Several new drugs added to list of GA schedule I substances

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www.wsav.com – Christine Queally – 2025-05-02 22:39:00

SUMMARY: Georgia Governor Brian Kemp signed a bill adding four new drugs to the state’s Schedule I controlled substances list. The substances include 2-Methyl-ap-237, Acetylpsilocin, Ethylphenidate, and Tetrahydrothiophene, all classified as highly addictive with no medical use. State Rep. Ron Stephens, who sponsored the bill, emphasized the importance of staying ahead of emerging drugs, many of which are homemade from over-the-counter products. Possession of these drugs is a felony punishable by prison time. Stephens also mentioned his efforts to expedite the approval of new medical treatments in future legislative sessions.

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Georgia child trafficking ring busted | FOX 5 News

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www.youtube.com – FOX 5 Atlanta – 2025-05-02 20:59:31

SUMMARY: Two young girls, runaways under 16, were rescued after being sex trafficked for days in Roswell. Six men, including 24-year-old David Rivera, face 51 charges for exploiting the girls, who were drugged, given alcohol, and forced into sex at a hotel. The girls met the men through Snapchat, highlighting the dangers of online interactions. A community member’s 911 call about suspicious activity helped police intervene. Roswell authorities urge parents to monitor online behavior and report suspicious activity. Mayor Curt Wilson emphasized ongoing efforts to combat human trafficking, including shutting down illicit spas linked to prostitution. The investigation continues.

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After two girls were reportedly sex trafficked for days in Roswell, six men were arrested and are now facing dozens of charges.

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