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Steel, Biden and Nippon

The New York Times · 7h

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.

The Associated Press - Busines… · 3d

Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel

The Washington Post on MSN · 3d

Nippon Steel and U.S. Steel sue Biden administration over blocked deal

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.

Japan, U.S. Steel

Hosted on MSN · 18h

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of Ame

Steel Setback: Biden Risks Japan Ties, Investment

By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.

Japan’s investments in US set to go on despite Nippon Steel’s takeover setback

The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.

2d

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...

2d

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

3d

Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’

Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and ...

6don MSN

Biden blocks U.S. Steel's sale to Nippon Steel over national security, supply chain risks

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...

3don MSN

U.S. Steel sues Biden administration, union boss after president blocks acquisition deal

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...

6d

Biden rejects U.S. Steel-Nippon Steel deal

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...

10hon MSN

US orange juice and steel will be on Canada's list for retaliation if Trump imposes tariffs

Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S.

1d

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

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