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 ...
President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...
WASHINGTON/TOKYO, Jan 3 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's (5401.T), opens new tab proposed $14.9 billion purchase of U.S. Steel (X.N), opens new tab on Friday ...
The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh. File image/ AP By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he ...
President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal ...
WASHINGTON — 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 ...
President Joe Biden’s decision Friday to block the sale of U.S. Steel to a Japanese rival has ignited an imminent legal challenge, alarmed foreign investors and cast a shadow over the careers of ...
U.S. President Joe Biden has blocked the US$14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., killing a high-profile deal that sparked a political firestorm and tensions between ...
President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...