united states steel news - Search News

US Steel, Joe Biden

CNN on MSN · 2d

Biden killed US Steel deal even though some US officials rejected national security concerns

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 grounds to kill the deal,

The Associated Press - Busines… · 2d

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.

Bloomberg L.P. · 2d

What’s Next for US Steel After Biden’s Block Triggers Lawsuits

The pushback comes after US Steel Chief Executive Officer David Burritt on Friday condemned Biden’s order, calling it a “shameful and corrupt” move that harmed the company and America’s steelworkers and “insulted” US ally Japan.

U.S. Steel, Japan

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. steelmaker.

Despite Nippon Steel, US and Japan say ties stronger than ever

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Madison.com · 14h

Workers will be harmed by Nippon Steel rejection

President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national-security grounds will have disastrous consequences for some Pennsylvania steel workers, who will lose their

18h

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 ...

2don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...

2don MSN

US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...

2d

Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills

Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...

5don MSN

Rise of US Steel Paralleled the Arrival of the United States on the World Stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...

5d

United States Steel: Dead Deal Creates Income Opportunities

United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair ...

1don MSN

Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'

The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results