Nippon Steel shares down after US government blocks U.S. Steel purchase
Shares in Nippon Steel fell more than 1% on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan's largest steelmaker.
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
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 doubt.
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
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 acquisition of U.S. Steel, according to people familiar with the process.
US Steel Stock Sinks as Biden Blocks Nippon Steel Takeover
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel.
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after reports that President Joe Biden will officially reject the acquisition as early as Friday.
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
Biden rejected appeals of several top advisers in blocking U.S. Steel bid
Senior administration officials had reservations about calling Nippon Steel’s takeover proposal a “national security risk.”
'FOX News Sunday' Panel: Biden Blocks Sale Of U.S. Steel To Japanese Company, Protectionism Or Personal?
Mary Katherine Ham, Marie Harf, Doug Heye, and Mario Park join Jacqui Heinrich for this week's "FOX News Sunday" roundtable. Today, what message was President Biden sending by giving the Presidential Medal of Freedom to Hillary Clinton and George Soros?
Biden’s Decision on US Steel Deal Followed Divide in His Orbit
Two weeks after the US election, hundreds of allies gathered at the White House to soothe Joe Biden in defeat. Tracking the closed-door bash for clues was a group rarely interested in the routine preening of Washington: arbitrage traders.
Rise of US Steel paralleled the arrival of the United States on the world stage
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...
The Fallout From the End of the U.S. Steel Deal
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...
Why U.S. Steel’s (X) Shares Are Falling
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These Stocks Are Moving the Most Today: Tesla, U.S. Steel, Rivian, Nvidia, Carvana, Vistra, BUD, and More
Stocks rose Friday after Wall Street kicked off the first trading day of the new year with a loss in a volatile session.These ...
Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
Biden's Bold Move on US Steel Has Big Climate Impacts
President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon ...
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 ...