By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's ...
WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow to block the ...
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...
The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top ...
The AP reports that Nippon Steel has threatened to sue over President Biden’s block. Biden’s decision comes after a committee ...
The Biden Administration blocked the takeover of U.S. Steel by Japanese-owned Nippon Steel, citing national security concerns and opinions over the block are vastly different.
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...
President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.
Gary Mayor Eddie Melton says Nippon executives from Japan promised a $1 billion investment in the Gary U.S. Steel plant pending the merger. However, union leaders support President Biden's decision to ...
Community leaders in the Mon Valley are expressing concern over the future of local steel manufacturing and the broader ...
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese ...
For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover ...