US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...
President Joe Biden's decision to block the sale of U.S. Steel to Nippon Steel raises questions about the future of Gary Works, the city's largest employer and the thousands of jobs tied to it.
That suit, filed in federal court in Pennsylvania, says the opponents tried to scuttle the sale in order to monopolize the domestic steel market. Sponsor Message "We remain confident that the ...
SO WE’LL BE WATCHING U.S. STEEL’S FUTURE DECISIONS CLOSELY. ROBICHAUX TELLS ME THIS DEAL COULD STILL GO THROUGH IF A COURT OVERTURNS THE DECISION, BU On Friday, President Joe Biden blocked the $14.9 ...
Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to ... is the number of "Steeler Bars" that are spread out across the ...
Saying a sale would threaten U.S. security, President Joe Biden blocked a Japanese company’s $15 billion bid to purchase Pennsylvania’s U.S. Steel on Friday. “Steel production — and the steel workers ...
Hundreds of people gathered at the Clairton plant Thursday to show their support for the sale of U.S. Steel to Nippon Steel in Japan. Steelworkers, community members and local elected leaders ...
President Joe Biden’s decision Friday to block the sale of U.S. Steel to a Japanese ... mill,” which shapes semifinished steel into sheets and bars, and dates to 1938. McCall on Friday ...
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ... for Biden’s move to block the sale and called it the “right move for our members ...
President Biden’s decision to block the sale of United States Steel to the Japanese company Nippon Steel is a “back to the future” moment in American politics. The move is a victory for ...
WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...