Let’s have faith that Trump will reject the Biden administration’s politically motivated interference in the deal or get an ...
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.
U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a ...
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had ...
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement ...
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...
Logical, but not perfect. The Wall Street Journal pointed out that a Cliffs-U.S. Steel combination "would control 100% of U.S ...
The steel companies allege White House decision to block takeover was political and violated their right to due process.
By the mid-1980s, the U.S. steel industry produced just about 11% of steel used globally as economic growth in developed countries slowed. By then, the United States was importing more than 25% of ...
United States Steel's earnings and margins have declined significantly in 2024, with net earnings halved and gross margins lower than pre-pandemic levels. US Steel is burning free cash flow ...