Real World Economics: Steeling ourselves for a changing industry
Contention over the now-nixed purchase of U.S. Steel by Nippon Steel this past week has put the troubled and changing steel ...
The New York Times4d
American Competitor Signals Possible New Bid for U.S. Steel
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 Times of Northwest Indiana1d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
WASHINGTON — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company ...
CNN4d
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked US President Joe Biden to allay concerns in the Japanese and US business communities over his order to block Nippon Steel’s planned acquisition of U.S ...
WTAE-TV3d
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.
Reuters5d
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
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 ...
Chattanooga Times Free Press5d
Nippon purchase of U.S. Steel would strengthen national security
Nippon also agreed to invest $2.7 billion in upgrading and modernizing U.S. Steel's aging facilities and to share the fruits of its $500 million annual research budget.
Orlando Sentinel3d
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 Administration extended a deadline for the Japanese steelmaker to abandon ...
Investopedia3d
U.S. Steel Stock Jumps as US Extends Deadline for Nippon Steel to Axe Takeover
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 ...
Wall Street Journal3d
U.S. Extends Deadline for Nippon Steel to Abandon U.S. Steel Deal
The U.S. government has extended until June a deadline for Nippon Steel 5401-0.56%decrease; red down pointing triangle to drop its planned acquisition of United States Steel. The U.S. steelmaker ...
Nikkei Asia6d
Nippon Steel vs. Biden on U.S. Steel deal: 5 things to know
TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal war against the U.S. government. They hope the lawsuits will overturn ...