President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had ...
Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...
“President Biden claiming Japan’s investment in an American steel company is a threat to national security is a pathetic and craven cave to special interests that will make America less prosperous and ...
His decision comes after the Committee on Foreign Investment in the United States didn't reach consensus on the possible ...
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
President Joe Biden plans to announce that he is blocking a $14.3 billion of US Steel by Japan’s Nippon Steel, an ...
President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.
The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...
The post Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career appeared first on Reason.com ...