Hosted on MSN17d
President Biden to block sale of US Steel to Nippon Steel
The president's decision comes after U.S. Steel CEO David Burritt warned that if the firm's acquisition by Nippon Steel fell ...
WBEZ14d
Nippon, US Steel file suit against Biden administration, union and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
Nippon, US Steel file suit after Biden administration blocks $15 billion deal
WASHINGTON (AP) — Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to ...
The Associated Press - Business News on MSN15d
US Steel workers see uncertainty after Biden blocks Nippon takeover
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...
The Associated Press - Business News on MSN14d
Nippon, U.S. Steel file lawsuit against Biden administration, union, and rival after $15 billion deal scuttled
In separate lawsuits filed Monday, the steelmakers allege that it was a political decision made by the Biden administration ...
The Independent15d
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley. It also vowed not to reduce production capacity ...
Newsday14d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley, and had said it is best positioned to help the ...