Biden's order regarding the U.S. Steel purchase by Nippon was later updated with the correct title. The White House also issued a statement from the president explaining his decision to block the ...
the likelihood of consolidation in the U.S. is much lower than with Cliffs, which operates over 20 steel-producing sites. And, under Cliffs, all the white-collar staff is almost certainly gone.
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
The decision to move the event indoors spares attendees, security officials, and spectators from enduring hours in the ...
President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, ...
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...
In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...