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.
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a ...
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Biden Was Right to Block the US Steel TakeoverEven if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.
Joe Biden calls himself the most pro-union president in American history. But he’s punting a thorny union matter to his ...
Bridgestone in Des Moines is offering separation packages for more than a hundred employees. United Steelworkers union says the tire plant is offering a $35,000 buyout for up to 130 people.
The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto ...
Trump will probably try to protect American steelworker jobs with tariffs on imported steel. The last time he did that, it killed more jobs than it saved.
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...
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