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.
Nippon Steel and US Steel are betting Donald Trump can be persuaded to back their $15bn deal, accusing President Joe Biden of blocking the transaction to win union support in last year’s presidential ...
Donald Trump gave a bizarre, rambling press conference at Mar-a-Lago on Tuesday, bafflingly leaping from one topic to another.Ostensibly arranged to announce new foreign investment in the US, the ...
Why was the Committee on Foreign Investment in the United States split on allowing or blocking Nippon Steel from buying U.S. Steel? NPR's Michel Martin asks one of the committee's former advisers.
U.S. Steel CEO David Burritt called for President-elect Donald Trump to reverse President Joe Biden's decision to block the ...
Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger ...
In an interview with the Business Times, a resolute Nippon Steel Corp. Vice Chair Takahiro Mori vowed Monday to keep fighting and said he won’t give up the fight to overturn President Biden’s blocking ...
The CEO of Cleveland-Cliffs Inc. (NYSE: CLF) is not holding back in his assessment of lawsuits filed by Nippon Steel and U.S.
The steel makers want a federal court to junk the President's call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.
The lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the United Steelworkers union.
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
U.S. Steel and Nippon Steel said Monday they are suing the U.S. government over President Joe Biden’s blocking last week of ...