Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American ...
X down: U.S. Steel stock falls 7% after President Joe Biden blocks takeover by Japanese giant Nippon Steel
The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a ...
PBS1d
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.
Rise of US Steel paralleled the arrival of the United States on the world stage
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel — something he had first vowed ...
Biden rejects Nippon Steel's proposed deal to acquire US Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Biden blocks U.S. Steel's sale to Nippon Steel over national security, supply chain risks
President Joe Biden has decided to prevent the $14.1 billion sale of U.S. Steel Corp. to Nippon Steel Corp., according to ...
Biden to Block Nippon Steel Takeover of US Steel on Friday
President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to ...