With a month left in the White House, U.S. President Joe Biden has a long list of foreign and domestic policy actions he hopes to get done before president-elect Donald Trump assumes office, where the Republican is expected to try to reverse much of Biden's record.
Many Pennsylvania steelworkers welcome Nippon buying U.S. Steel. But both political and union leaders oppose the takeover these steelworkers say is the last, best chance.
U.S. Steel stock was tumbling after Bloomberg reported that President Joe Biden would block its acquisition by Japanese steel company Nippon Steel. The surprising part of the takeover drama isn’t the decision.
President Joe Biden is said to be planning to end Nippon Steel Corp.’s $14.1 billion bid to buy U.S. Steel Corp. on national security grounds. A Treasury Department letter from August provides the justification.
U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national security grounds once the $15 billion deal is referred back to him later this month, Bloomberg News reported on Tuesday,
With about 40 days until President-elect Donald Trump takes office, President Joe Biden is expected to block a Japanese company’s acquisition of U.S. Steel. On Tuesday, Bloomberg reported that
WASHINGTON (KDKA) — President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel . As of Wednesday morning, a U.S. National Security Panel is reviewing the proposed $15 billion deal and the panel has to refer its decision on the merger to President Biden by Dec. 22 or 23.
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion bid for U.S. Steel and threatened legal action if the deal is blocked.
Surplus border wall materials are being auctioned, sparking debate over border security and federal resource management.
WASHINGTON--President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan’s Nippon Steel, the White House said Thursday after days of ...
It may not be as damaging as Herbert Hoover’s Smoot-Hawley tariffs, or Richard Nixon’s wage-price controls, but a decision by President Biden to block the Nippon-U.S. Steel deal woul
President Joe Biden is on the verge of blocking a proposed $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel Co., according to reports from multiple outlets. Reports from Bloomberg and Reuters reported Tuesday evening that the president plans to kill the deal because of national security concerns.