Nippon Steel, whose multibillion-dollar proposal to ... On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant use of executive authority in ...
Nippon Steel has proposed investing $3 billion in U.S. Steel under the deal. "Blocking this transaction means denying billions of committed investment to extend the life of U. S. Steel's aging ...
Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...
Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...
U.S. Steel has claimed it could be forced to shut down the mills represented by the USW if it doesn’t get the $2.7 billion in investment planned by Nippon Steel as part of its proposed $14.3 ...