Steel, Joe Biden

US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
Biden blocked the Nippon Steel deal. Now they are suing
Despite the bleak outlook, Nippon Steel and US Steel had been pushing forward with the deal for months with concessions and incentives for workers.
Nippon Steel and U.S. Steel file lawsuits over handling of 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.
U.S. Steel, Nippon Steel Challenge Biden’s Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
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 national security review that deprived the companies of their right to a fair process.
Biden blocks sale of US Steel to Japan's Nippon Steel
US President Joe Biden on Friday blocked the planned takeover of US Steel by Japan's Nippon Steel on grounds of risks to national security and critical supply chains. "We need major US companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America's national interests,
Blinken Visits Japan as Nippon Steel Decision Weighs on Relations
U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.
Japanese steelmaker vows not to give up on buying U.S. Steel
Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden blocked the $15 billion bid last week.
Blinken Says US-Japan Ties Solid Despite Rift Over Steel Deal
US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever, days after President Joe Biden blocked Nippon Steel's takeover of US Steel.
Blinken Reaffirms Ties With Japan Ahead of Trump’s Return
Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan, about two weeks ahead of President-elect Donald Trump’s return to the White House.
Blinken Lauds Japan Ties While Skirting Nippon Steel Dispute
Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a controversial move by US President Joe Biden to label Japan’s Nippon Steel Corp. as a national security risk.
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 ...
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Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden ...
US Steel Stock Sinks as Biden Blocks Nippon Steel Takeover
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
FOX 32 Chicago on MSN3d
Biden blocks $15B Nippon-U.S. Steel deal; Gary mayor warns of possible job losses
GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...
Biden blocked the Nippon Steel deal. Now they might sue
Despite the bleak outlook, Nippon Steel and US Steel had been pushing forward with the deal for months with concessions and ...