In this article, we are going to take a look at where United ... Treasury Department’s Committee on Foreign Investment in the United States (CFIUS). The revised proposal by Nippon Steel included ...

The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm Nippon Steel and revealed his plans to sue.

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

His decision comes after the Committee on Foreign Investment in the United States ... verdeX sustainable steel, which contains up to 90% recycled materials. The Justice Department said it will ...

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 ...

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 ...

3 (UPI) --President Joe Biden officially announced on Friday he has blocked Nippon ... in the United States last month failed to make a recommendation on it. The CFIUS is made up of departments ...

By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel ... in the United States, which is made up of agencies including the departments of ...

Shares of U.S. Steel X plunged ... in the United States (CFIUS). The deal has received backing from key CFIUS members, including the Justice, Treasury, and State Departments.

at the US Department of the Interior in Washington, DC, on 6 December 2023. Picture: AFP WASHINGTON - US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a ...

Biden blocks Nippon Steel's $14.9B acquisition ... on Foreign Investment in the United States (CFIUS) members, including the Justice, Treasury, and State Departments support the deal, U.S. Trade ...