U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a ...
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...
Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...
United States President Joe Biden has blocked the $14.9bn sale of the Pittsburgh, Pennsylvania-based US Steel to Japan’s Nippon Steel. The move on Friday deals a potentially fatal blow to the ...
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.
Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...
Dec 31 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's (X.N), opens new tab production capacity ...
LG has responded to Samsung in the battle to slap displays on every home appliance you own, culminating in the LG Signature microwave which puts a superfluous 27-inch LCD touchscreen and ...
18, 2023, following a four-month strategic alternatives review process. When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...
The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...