U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
Japan, U.S. Steel
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...
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.
A senior government source has told CBC News that a list of potential retaliatory tariffs includes U.S. steel and aluminum, ...
Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S.
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range.
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