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US Steel workers see uncertainty

The Associated Press - Busines… · 5h

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 suggested they would sue to salvage their deal: “We are left with no choice but to take all appropriate action to protect our legal rights.‘’

Orange County Register on MSN · 4h

Biden wrong to block sale of U.S. Steel to Nippon Steel

President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds.

The Columbian · 35m

U.S. workers wary about blockage of Nippon Steel takeover

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.

1hon MSN

Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege

Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was ...

1h

Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs

Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...

RealClearMarkets1d

The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger

President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...

1d

Will White House decision to block US Steel's sale to foreign-owned Nippon reopen door for Cleveland Cliffs?

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...

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