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U.S. Steel, Joe Biden
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia.
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.
Nippon Steel says there’s no Plan B to blocked US steel deal
Nippon Steel Corp is not weighing any alternatives to its thwarted US$14.1bil takeover of United States Steel Corp, its chairman and chief executive officer (CEO) said, shortly after both companies filed US lawsuits to rescue the acquisition.
20m
on MSN
China exports push Nippon Steel to seek growth in US, India after blocked deal
Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...
44m
on MSN
U.S. Steel CEO urges Donald Trump to look into Nippon deal
Growth in the massive U.S. services sector picked-up in December, according to the Institute for Supply Management. Meanwhile ...
5h
on MSN
Leaders say future of Mon Valley is murky as Nippon-U.S. Steel merger stalled for now
Tim White has been working with an organization that works to overcome economic devastation long enough to be fully familiar ...
21h
Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills
Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...
13h
Blinken visits Japan as Nippon Steel decision weighs on relations
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
6h
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 ...
4h
U.S. Steel vs. Nippon: The $14 Billion Legal Showdown Shaking the Steel Industry
But this isn't just a corporate catfightit's about the future of U.S. manufacturing and global steel dominance. Hashimoto ...
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