U.S. Steel, Joe Biden

The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...
Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...
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 ...