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Biden Was Right to Block US Steel Takeover
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
U.S. Steel sues Biden administration, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he was blocking a proposed deal for the iconic American manufacturer.
U.S. Steel, Japan
Japanese steelmaker vows not to give up on buying U.S. Steel
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.
Despite Nippon Steel, US and Japan say ties stronger than ever
The foreign ministers of Japan and the United States said their countries' ties were stronger than ever on Tuesday, even after Japan's prime minister called U.S. President Joe Biden's decision to block Nippon Steel's $14.
Workers will be harmed by Nippon Steel rejection
President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national-security grounds will have disastrous consequences for some Pennsylvania steel workers, who will lose their
1h
on MSN
U.S. steel, orange juice on list of Canada’s retaliatory tariffs: Source
A senior government source has told CBC News that a list of potential retaliatory tariffs includes U.S. steel and aluminum, ...
11h
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
13h
on MSN
US Steel falls as Cliffs CEO hints that US Steel deal may not be best outcome
US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested ...
17h
Nippon Steel offered the best hope for U.S. Steel’s traditional mills, fed by Minnesota’s ore
President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range.
1d
on MSN
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
5h
on MSN
Steel, plastics, Florida orange juice on Canada's list of potential retaliatory tariffs against U.S.
Among the most senior officials in Ottawa, there is a document circulating that outlines specific details about how Canada ...
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Joe Biden
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