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 MSN13d
Biden’s decision to block Nippon Steel takeover creates uncertainty for US Steel workers
He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, ...
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
WTAE-TV5d
US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead
U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.
al.com13d
US Steel workers see uncertainty after Biden blocks Nippon takeover
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 ...
US extends deadline on Nippon’s bid for US Steel, offering some hope that the deal is not dead
HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden ...
WTAE-TV11d
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
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 ...