The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.
Opposing the combination is the petulant, insular leadership of the United Steelworkers (USW), listing a series of trumped-up grievances. Apparently their biggest gripe is their little cabal was not properly consulted. If the USW executives want to call the shots, maybe they should buy the company.