This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan's Nippon Steel was just blocked by the White House earlier this month,
Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.
The U.S. Secret Service is at the helm of this massive ... up of concrete barriers and impenetrable fences around the White House ahead of the event. Officials say the precautionary measures ...
U.S. Steel and Nippon Steel alleged in their lawsuit on Monday that the CFIUS review was prejudiced by Biden's longstanding opposition to the deal, denying them the right to a fair review. They asked a federal appeals court to overturn Biden's decision to allow them a fresh review to secure another shot at closing the merger.
In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes charge.
President-elect Donald Trump's opposition to the U.S. Steel deal with Nippon Steel undermines his claims to helping the working-class voters who elected him.
Biden spoke with Japanese Prime Minister Ishiba Shigeru and Philippine President Ferdinand Marcos Jr. late on Sunday, a week before Biden leaves office and hands power to President-elect Donald Trump on Jan. 20.
(The Center Square) – Gov. Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the company filed alongside its would-be ...
In this case, the liberty of U.S. Steel became the casualty of a protectionist campaign promise; there was no compelling interest in sight. Joe Biden leaves the White House with the economic ...
Following up on earlier action this week aimed at controlling the influx of unidentified e-commerce shipments from China, U.S. Customs and Border
WASHINGTON--A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel ... White House said. A U ...
Trump retook the Oval Office on Monday afternoon and has long threatened to introduce a 25% tariff on all Canadian and Mexican imports, unless both countries secure their borders against illegal migrants and drugs, on the first day of his administration.