Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% ...
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...
Nippon Steel and U.S. Steel sued President Joe Biden on Monday over his decision to bar them from joining forces, alleging that he had violated their constitutional rights to due process in a ...
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.
Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.
Here's more from the U.S. Court of Appeals complaint against the Biden administration. In dual lawsuits filed Monday, United States Steel Corp. and Nippon Steel Corp. blame the Biden ...
WASHINGTON, Jan 6 (Reuters) - U.S. President Joe Biden unlawfully blocked Nippon Steel's (5401.T), opens new tab $14.9 billion bid for U.S. Steel (X.N), opens new tab through a sham national ...
As he heads for the exit, however, one of Biden's final executive actions lays the groundwork for a massive consolidation of the American steel industry. In blocking U.S. Steel's acquisition by ...
Jan. 6 (UPI) --U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions ...