Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
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 ...
PBS13h
Why Biden cited national security concerns as he blocked a Japanese bid to buy U.S. Steel
President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.
Blocked U.S. Steel-Nippon deal raises risks for auto industry
Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...
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 ...
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 ...
Pa. Governor Josh Shapiro says he will "continue to engage" U.S. Steel following President Biden's decision
With the decision by President Biden to block the sale, Pittsburgh-area elected officials made their thoughts known.