Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...
U.S. Steel employs thousands across its plants and offices in Pennsylvania and the state has about 10% of the nation’s ...
US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership ...
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...
President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon ...
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...