united states steel news

Biden Was Right To Block U.S. Steel Takeover

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 Nippon Steel have gone to court over U.S. President Joe Biden’s decision to nix their $15 billion deal.

Newsweek on MSN · 3d

US Steel, Nippon Sue Biden for Blocking $15 Billion Deal

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

The Washington Post on MSN · 3d

Nippon Steel and U.S. Steel sue Biden administration over blocked deal

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.

Japan, u.s. steel

Reuters · 2d

Despite Nippon Steel, US and Japan say ties stronger than ever

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

The Wall Street Journal on MSN · 7h

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of Ame

Barron's · 1d

Steel Setback: Biden Risks Japan Ties, Investment

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.

The Economist3h

What next for US Steel?

Overturning Mr Biden’s decision in court will be tough. Judges give wide latitude to the executive on matters of national ...

2don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...

19hon MSN

Yellen says CFIUS made thorough analysis of blocked US Steel-Nippon Steel merger

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a ...

2don MSN

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...

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.

United States Steel: Dead Deal Creates Income Opportunities

United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair ...

U.S. Steel, Nippon Steel blame Biden, Cleveland Cliffs and the USW leadership for blocking deal

In dual lawsuits filed Monday, United States Steel Corp. and Nippon Steel Corp. blame the Biden administration's politicizing its national-security review and behind-the-scenes actions by a rival.

5don MSN

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 ...

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