with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would place one of America's largest steel producers under ...
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.
The president has long opposed the sale to Japan’s Nippon Steel. President Joe Biden formally blocked a proposed $14.9 billion takeover of U.S. Steel by a Japanese company, the White House ...
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
the company would likely close steel mills in Pennsylvania's Monongahela Valley and Gary, Indiana, that had been slated to receive a multi-billion dollar upgrade with cash infused by Nippon following ...
The Biden administration said trade and national security experts in the executive branch found that the proposed sale “would place one of America’s largest steel producers under foreign ...
The president of the United States, Joe Biden, has blocked the sale of steel giant US Steel to Japan's Nippon Steel, scuppering a $14,1 billion deal for national security reasons. The White House made ...