The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back ...
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business ...
It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.
Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...
The Biden administration has extended the deadline for Nippon Steel to abandon its proposed $14.9 billion acquisition of U.S. Steel, providing a potential lifeline for the embattled deal.
WASHINGTON, Jan 11 (Reuters) - The Biden administration delayed until June an order for Nippon Steel (5401.T), opens new tab to abandon its $14.9 billion bid for U.S. Steel (X.N), opens new tab ...
U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of ...
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.