Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
Biden wrong to block sale of U.S. Steel to Nippon Steel
President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds.
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the manufacturer could struggle to energize growth or attract rival acquisition bids.
President Biden blocks U.S. Steel sale to Nippon
Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the
Could Nippon still buy U.S. Steel after Biden blocked the deal?
The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
U.S. workers wary about blockage of Nippon Steel takeover
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Biden rejected appeals of several top advisers in blocking U.S. Steel bid
Senior administration officials had reservations about calling Nippon Steel’s takeover proposal a “national security risk.”
Pennsylvania lawmakers react to Biden blocking U.S. Steel-Nippon deal
Pennsylvania lawmakers are reacting to President Joe Biden’s plan to block the acquisition of Pennsylvania-based U.S. Steel by the Japanese company Nippon Steel. Pennsylvania Governor Josh Shapiro released a statement Friday morning saying he expects U.
Nippon Steel president says suing US government is an option, NTV reports
Nippon Steel President Tadashi Imai said filing a lawsuit against the U.S. government is one of the "important options", ...
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Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street
The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
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The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...
Nippon Steel president says suing US government is an option: NTV
TOKYO - Nippon Steel President Tadashi Imai said filing a lawsuit against the United States government is one of the ...
Government source: 'regrettable' that Nippon Steel decision made due to 'national security concerns'
A Japanese government source told Euronews that the Biden adminstration's decision to block the takeover of US Steel by Japan ...