Butler Eagle1d
Union president backs Biden’s decision to block U.S. Steel, Nippon Steel deal
President Joe Biden denied a $14.9 billion deal that would have allowed Japan’s Nippon Steel to purchase U.S. Steel, marking a significant moment in a corporate and political saga that has lasted for ...
Why Japan Won’t Stop Trying to Invest in the U.S.
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
Nippon Steel Rejection Shows National Security Means Whatever You Want
For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to ...
PBS2d
Why Biden cited national security concerns as he blocked a Japanese bid to buy U.S. Steel
President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon Steel
WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked ...
ABC122d
Biden blocks Japan’s Nippon from taking over U.S. Steel
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days ...