On Friday, Steelworkers President David McCall said the union is grateful for Biden’s move to block the sale and, in a video news conference, called it the “right move for our members and for ...
Biden has long opposed the sale to Japan’s Nippon Steel, and the choice to block the deal rested solely in his hands after the Committee on Foreign Investment in the United States did not reach ...
It's a win for the United Steelworkers union, which had strongly opposed the deal. President-elect Donald Trump had also spoken out against the sale. U.S. Steel is headquartered in the politically ...
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
Biden's decision comes after the Committee on Foreign Investment in the United States failed to reach consensus on the possible national security risks of the deal. The richest comedian in the ...
Finally, starting around minute 37, Tom Bevan talks to political commentator Stephen Moore about President Biden’s announcement that he will block the $15 billion takeover of U.S. Steel by the ...
By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale ...
5 U.S. presidential election. Both then-candidate Donald Trump and Biden vowed to block the purchase of the storied American company, the first to be valued at more than $1 billion. U.S. Steel ...
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