Presidential block of $15B steel merger sparks controversy over national security and U.S.-Japan trade relations.
Dive into the world of stock market recovery. Learn how tech stocks, like Nvidia, are defying criticism and continuing to ...
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
By blocking the merger with U.S. Steel, Biden sells out American industry, workers and national security to Big Labor.
President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national security grounds will have ...
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national ...
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
WASHINGTON — Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for US Steel from the Biden administration, it was also contending with headwinds from an unlikely source ...
He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging ...