In a statement issued after President Joe Biden’s decision to block the merger, Shapiro said U.S. Steel should stop “threatening” jobs in southwestern Pennsylvania and start entertaining offers from ...
The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
The proposed deal, which had been in the works for over a year, involved Nippon Steel making significant investments in U.S. Steel to modernize its operations and ensure its survival amid tough ...
The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...
When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should remember what the administration said the previous Friday: “National security” ...
President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel, but with Nippon Steel and U.S. Steel ...
Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese ...
TOKYO/WASHINGTON--The foreign ministers of Japan and the United States said their countries’ ties were stronger than ever on ...
If the U.S. Steel issue continues to be exacerbated, it might yield short-term benefits for U.S. domestic politics, but it ...
U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t ...
The clock is ticking for Nippon Steel and its takeover target US Steel. The companies have filed a lawsuit to nullify a ...
Members of Prime Minister Shigeru Ishiba’s Cabinet criticized U.S. President Joe Biden’s order to block Nippon Steel Corp.’s ...