The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
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President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...
President Biden is blocking the proposed $14 billion acquisition of U.S. Steel by Nippon Steel. "A strong domestically owned and operated steel industry represents an essential national security ...