Biden killed US Steel deal even though some US officials rejected ...
3 days ago · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
6 days ago · Keep your pulse on the news with breaking news alerts from The AP. ... — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel ...
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
6 days ago · President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale posed a threat to national security.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
3 days ago · However, Mr. Biden’s move to terminate Nippon’s $14 billion bid for U.S. Steel raised questions about whether those powers were being abused, given that Japan is a close ally of the United States.
Biden’s decision to block Nippon Steel ... - Associated Press News
4 days ago · WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead. 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 ...
Joe Biden blocks Japan's Nippon Steel from buying US Steel - BBC
Biden's decision comes a year after Nippon Steel first announced the $14.9bn (£12bn) deal to buy its smaller Pennsylvania-based rival.. It raises significant questions about the path forward for ...
U.S. Steel sues Biden administration, union boss after ... - NBC News
3 days ago · U.S. Steel and Japan's Nippon Steel said in a release Monday that President Joe Biden "ignored the rule of law" to gain favor with United Steelworkers, the union representing many of U.S. Steel's ...
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel - NBC News
6 days ago · President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...
Biden blocks Japan’s Nippon from taking over US Steel
6 days ago · President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
Biden blocks takeover of U.S. Steel by Japan's Nippon Steel
6 days ago · WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially...
- Some results have been removed