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Biden had earlier made known his reservations on the deal, which has the backing of the US Steel board, but waited before making his decision. Biden leaves office on January 20, handing over to ...
The boards of directors at U.S. Steel and Nippon each unanimously approved the sale, but U.S. federal regulators so far have blocked it. Biden has the final say in the matter. Cleveland ...
This is a common issue, and one of the best solutions is investing in a mesh Wi-Fi system. Unlike a standard router, which relies on a single device to cover your home, a mesh Wi-Fi system ...
It was a bid rejected by the US Steel board but one that opened the door for other offers, which Nippon stepped up with. When the US Steel Board accepted Nippon's offer, it united Democrats and ...
Nippon Steel proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity” in a last-ditch bid for President Joe Biden’s approval to acquire the ...
U.S. Steel and Nippon Steel on Friday struck back ... measures including a majority of U.S. citizens on the U.S. Steel board of directors as well as CEO and CFO; reporting to CFIUS on national ...
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 ...
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 ...