The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...
Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...
President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.
The pilot of a small plane attempted to make an emergency landing shortly after takeoff before crashing through the roof of a building in Southern California, according to air traffic control audio ...
Bourbon Street devolved into a crime scene hours into the new year as a driver plowed a three-ton pickup through crowds of ...
U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.
President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...
President Joe Biden has decided to block Nippon Steel's $14.9 billion takeover bid of U.S. Steel, according to the Washington ...
Shares of U.S. Steel are sinking in premarket trading Friday as President Joe Biden blocked the $14.1 billion sale of the ...
The self-inflicted wound on the American steel business is now official. In one of his final significant acts as president, ...
One thing that should be simple is reversing President Joe Biden’s absurd policy on the proposed acquisition of U.S. Steel by Nippon Steel ... electrical steel and automotive flat steel for ...
After a year of crafting an almost flawless plan to acquire U.S. Steel X-N based on sound industrial logic, the Japanese giant Nippon Steel is bumping up against the one roadblock even the best ...