Biden's order regarding the U.S. Steel purchase by Nippon was later updated with the correct title. The White House also issued a statement from the president explaining his decision to block the ...
the likelihood of consolidation in the U.S. is much lower than with Cliffs, which operates over 20 steel-producing sites. And, under Cliffs, all the white-collar staff is almost certainly gone.
President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
The decision to move the event indoors spares attendees, security officials, and spectators from enduring hours in the ...
Report says Nippon Steel is negotiating directly with the White House over the purchase of the Pittsburgh-based company. United States Steel Corp. shares rose 10% to close out the year's trading ...
Trump will impose 25% tariffs on imports from Canada and Mexico and 10% on goods from China, following a pledge he made after ...
ALSO, CLIFFS THREAT TO U.S. STEEL IS PLAIN MERGED WITH CLIFFS OR BE MURDERED. A WHITE HOUSE SPOKESPERSON SAYS THE ACTION BY CFIUS JUSTIFIED BIDEN’S DECISION, ALTHOUGH IT SHOULD BE POINTED OUT ...