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Steel, Biden
U.S. Steel, Its Merger Blocked, Faces Stark Alternatives
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
A first lawsuit was filed in the U.S. Court of Appeals for the District of Columbia Circuit, “challenging violation of the Constitutional guarantee of due process and statutory procedural requirements,” the companies said in a joint statement.
Japan, U.S. Steel
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash
The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of Ame
Steel Setback: Biden Risks Japan Ties, Investment
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
Japan’s investments in US set to go on despite Nippon Steel’s takeover setback
The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
2d
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
1d
Japanese steelmaker vows not to give up on buying U.S. Steel
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.
19h
on MSN
U.S. steel, orange juice on list of Canada’s retaliatory tariffs: Source
A senior government source has told CBC News that a list of potential retaliatory tariffs includes U.S. steel and aluminum, ...
6d
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...
2d
on MSN
U.S. Steel sues Biden administration, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...
1d
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
1d
on MSN
US Steel falls as Cliffs CEO hints that US Steel deal may not be best outcome
US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested ...
1d
Nippon Steel offered the best hope for U.S. Steel’s traditional mills, fed by Minnesota’s ore
President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range.
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Joe Biden
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