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Biden blocks Nippon Steel’s $15bn takeover of US Steel
Biden wrong to block sale of U.S. Steel to Nippon Steel
President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds.
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the manufacturer could struggle to energize growth or attract rival acquisition bids.
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.
1d
on MSN
Biden kills U.S. Steel deal; what Trump said and what it means for Pennsylvania
U.S. Steel employs thousands across its plants and offices in Pennsylvania and the state has about 10% of the nation’s ...
1d
on MSN
What does blockage of steel deal mean for U.S. Steel facility in Jefferson County?
President Joe Biden rejected the deal between U.S. Steel and Japan's Nippon Steel. The $14 billion acquisition was opposed by ...
23h
on MSN
Why U.S. Steel’s (X) Shares Are Falling
We recently published a list of 10 Firms Buck Broader Market Optimism. In this article, we are going to take a look at where ...
22h
David Brooks on U.S. Steel: There's Been A Rising Tide Of Xenophobia And Nationalism In Our Economic Policy
New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Amna Nawaz to discuss the week in politics, including President Biden blocking the sale of U.S. Steel.
1d
on MSN
Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
1d
Iron Range union applauds Biden’s blocking of U.S. Steel acquisition: ‘We are going to be fine.’
President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...
2d
U.S. Steel's Long-Term Survival Is Uncertain Without Capital Infusion
U.S. Steel (X) faces financial challenges amid blocked merger and declining steel prices, raising concerns about long-term ...
2d
on MSN
Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same
President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...
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Joe Biden
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Nippon
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