The Associated Press - Business News on MSN11d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
The Associated Press - Business News on MSN12d
US Steel workers see uncertainty after Biden blocks Nippon takeover
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...
WTAE-TV11d
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
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 ...
Indiana Lawyer18d
Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
The Times of Northwest Indiana14d
U.S. Steel decision reactions vary, include disappointment and praise: 'The stakes are high'
President Joe Biden's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel had been telegraphed ...
Fox Business on MSN14d
President Biden blocks sale of US Steel to Japan's Nippon Steel
Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and ...
President Biden Blocks U.S. Steel Sale, Raising Questions for Gary’s Future
President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...