Biden killed US Steel deal even though some US officials rejected …
1 day ago · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
4 days ago · WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel company. ... However, U.S. Steel has warned that, without ...
U.S. Steel sues Biden administration, union boss after president …
1 day ago · U.S. Steel and Japan's Nippon Steel said in a release Monday that President Joe Biden "ignored the rule of law" to gain favor with United Steelworkers, the union representing many of U.S. Steel's ...
President Biden stops Japanese takeover of US Steel - USA TODAY
4 days ago · Biden issued an order blocking Nippon Steel Corp.'s proposed $14.9 billion purchase of Pittsburgh-based U.S. Steel, citing his presidential authority under the Defense Production Act of 1950 and ...
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
4 days ago · President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...
Statement from President Joe Biden | The White House
4 days ago · With record investments in manufacturing, more than 100 new steel and iron mills have opened since I took office, and U.S. companies are producing the cleanest steel in the world.
Biden blocks Japan’s Nippon from taking over US Steel
4 days ago · President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, …
Dec 23, 2024 · A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national...
Statement from President Biden on US Steel | The White House
Mar 14, 2024 · It is important that we maintain strong American steel companies powered by American steel workers. I told our steel workers I have their backs, and I meant it. U.S. Steel has been an iconic...
Biden blocks takeover of U.S. Steel by Japan's Nippon Steel - Yahoo
4 days ago · 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...