Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to ...
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...
Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement ...
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...
Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
Biden previously came out against the deal last March — and was backed by the United Steelworkers, concerned over whether the ...
On Friday, President Joe Biden moved to block the long awaited $14.9 billion sale of United States Steel Corp. to Nippon ...