The Associated Press - Business News on MSN11d
Nippon, US Steel file lawsuit after Biden blocks $15 billion deal
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley. It also vowed not to reduce production capacity ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
"This report quantifies just how devastating and far-reaching the consequences are." Steel mills prompt close review by EPA ...
Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and ...
President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...
Taylor racked up the highest number of individual million-dollar-plus gifts—14—among the 57 donations in IBJ’s 2024 list of ...
GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...