A looming decision in Washington to block Nippon Steel’s merger with U.S. Steel on national security grounds is raising sharp questions in Tokyo. By River Akira Davis Reporting from Tokyo The ...
MIKE. THANK YOU. WELL, TONIGHT, ABC NEWS REPORTS THAT PRESIDENT BIDEN IS PREPARING TO BLOCK THE SALE OF U.S. STEEL BY NIPPON STEEL. LAST WEEK, NIPPON ANNOUNCED THAT IT WOULD INVEST BILLIONS IN ...
U.S. Steel warned Wednesday that it may cut staff and move its headquarters from Pittsburgh if the company’s planned sale to Japanese steelmaker Nippon Steel falls apart. Nippon Steel announced ...
WASHINGTON, Sept 9 (Reuters) - Nippon Steel (5401.T), opens new tab defended its $14.9 billion bid for U.S. Steel (X.N), opens new tab, arguing it would strengthen the U.S. Steel industry and that ...
After spending more than a week trying to secure a meeting with the president of the United Steelworkers union, Nippon Steel’s Takahiro Mori finally got an answer. But it was not the one he wanted.
WASHINGTON, Sept 4 (Reuters) - The Biden administration told Nippon Steel (5401.T), opens new tab in a letter on Saturday its $14.9 billion acquisition of U.S. Steel (X.N), opens new tab would ...
The White House has faced backlash for politicizing its review of Nippon Steel’s takeover of the company. By Alan Rappeport Andrew Duehren and Lauren Hirsch Alan Rappeport and Andrew Duehern ...
President Joe Biden is prepared to block Japan’s Nippon Steel’s proposed acquisition of US Steel, two sources familiar with the matter said, a move that would deal a major blow to the $14 ...
US Steel warned on Wednesday that a failure to merge with Nippon Steel would put thousands of union jobs at risk and signaled that it would close some steel mills and potentially move its ...
US Steel is threatening to shutter a number of mills if the Biden administration blocks its sale to would-be Japanese buyer Nippon Steel. But another rival, Cleveland Cliffs, is offering to buy ...
Cleveland-Cliffs is reiterating its interest in buying unionized mills that U.S. Steel is threatening to close should its takeover by Japan's Nippon Steel get blocked by President Joe Biden.
Donald Trump, Joe Biden, and Kamala Harris may not agree on much, but on one issue they’re in complete accord: They want to block the proposed acquisition of U.S. Steel by the Japanese firm ...