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U.S. Steel, Biden
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 $15 billion acquisition of U.S. Steel.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
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 national security review that deprived the companies of their right to a fair process.
Japan, U.S. Steel
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
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly TOKYO/WASHINGTON (Reuters) -The foreign ministers of Japan and the United States said their countries' ties were stronger than ever on Tuesday,
Blinken Visits Japan as Nippon Steel Decision Weighs on Relations
U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.
24m
Yellen Says CFIUS Made 'Thorough Analysis' of Blocked US Steel-Nippon Steel Merger
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S.
22h
on MSN
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal ...
4d
on 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 ...
The Nation on MSN
21h
Biden Was Right to Block the US Steel Takeover
Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.
6h
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.
4d
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 ...
1d
on MSN
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 ...
5h
Joe Biden blocks US steel deal with Japan amid rising trade tensions
Biden blocks Japan's $14.9 billion US Steel acquisition, straining US-Japan relations as Japan's industry leaders express ...
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