United States Steel Corp

US Steel, Biden

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move.

Hosted on MSN · 20h

Yellen says CFIUS made thorough analysis of blocked US Steel-Nippon Steel merger

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a "thorough analysis" by an interagency review body that was sent to President Joe Biden,

ABC News on MSN · 2d

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

Japan, u.s. steel

Reuters · 2d

Despite Nippon Steel, US and Japan say ties stronger than ever

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

The Wall Street Journal on MSN · 7h

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

Barron's · 1d

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.

The Economist4h

What next for US Steel?

Overturning Mr Biden’s decision in court will be tough. Judges give wide latitude to the executive on matters of national ...

24m

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 ...

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 ...

Nippon, US 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 ...

5don MSN

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 ...

24/7 Wall St2d

United States Steel Corp

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled ...

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.

3don MSN

US Steel CEO: Government failed our country after Nippon Steel deal axed

The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm ...

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