Biden blocks $14 billion acquisition of US Steel by Japan's Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
Biden blocks takeover of U.S. Steel by Japan's Nippon Steel
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially fatal blow to the contentious plan after a year of review.
Biden blocks US Steel takeover by Japan-based Nippon
President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security. "Without domestic steel production and domestic steel workers, our nation is less strong and less secure," Biden said in a statement.
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
Republicans outraged at Biden's block of US Steel sale to Nippon; Gov. Shapiro opts not to comment
President Biden stood next to Gov. Gavin Newsom and pledged full federal support as fires burned through Los Angeles County. President-elect Donald Trump took to social media and blamed 'Newscum.' Mexico’s president has signaled to Donald Trump that she can play the regional renaming game,
Future of a Steel Titan in Limbo After Biden Blocks Sale to Japanese Firm
Mr. Biden says he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security.
Podcast: Biden blocks the sale of U.S. Steel, lawsuits follow
Citing national security concerns, President Joe Biden blocked the $15 billion international sale of U.S. Steel to Japanese company Nippon Steel on Jan. 3, 2025. In a joint statement after the announcement U.
Why Japan Won’t Stop Trying to Invest in the U.S.
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...
The last battle for Pittsburgh steel | Opinion
The city lost half its population after the steel industry collapsed in the 1970s and 1980s, yet has clung to relevance as a ...
Biden blocks Pittsburgh company U.S. Steel being sold to Japan
President Biden announced on Friday that he is blocking the sale of U.S. Steel, a Pittsburgh, PA company, from being sold to ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
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Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
And while Nippon promised to keep the headquarters in Downtown Pittsburgh and not shut down ... including government officials from Japan and allies and partners in the U.S., to take all ...
Prized Pitcher Roki Sasaki Going To Dodgers, Yankees, Padres, Or
Japanese pitcher Roki Sasaki will be the top prize when baseball’s 2025 international signing period begins one week from ...
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JP Morgan's Best 2025 Stock Ideas Include 5 Blue-Chip Dividend Giants
Ahead Best Idea list includes five dividend stocks that look like outstanding ideas for growth and income investors.
Minnesota Vikings Defensive End Pat Jones II collabs with Polaris and Call of Duty
The Vikings Defensive End has a special place in his heart for the military community - his dad served 30 years in the Navy.