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US Steel, Nippon sue Biden over move to block $14B deal
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and poses no security risks.
US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’
The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the
U.S. Steel, Nippon Steel file lawsuits to keep $14.9B deal alive
There are two separate lawsuits, including one against rival Cleveland-Cliffs and the president of United Steelworkers.
7h
on MSN
The two steel giants Biden blocked from merging are now suing the federal government after it killed their $15 billion deal
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations, and vowed not to reduce ...
5d
on MSN
This week in Bidenomics: Stranded steelworkers
Joe Biden calls himself the most pro-union president in American history. But he’s punting a thorny union matter to his ...
6d
McCall says U.S. Steel needs to move forward without Nippon Steel
United Steelworkers International President David McCall said Friday afternoon that he had no reason to believe that ...
3d
US Steel: 'Donald Trump's second term should complete the US's gradual retreat from global trade'
COLUMN. On Fri 3, Joe Biden opposed the takeover of the US steelmaker by its Japanese competitor Nippon Steel. The decision ...
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