U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon ...
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...
Cleveland-based activist investor Ancora is pushing for U.S. Steel to elect a new board of directors that would stop its ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
President Biden blocked the sale of U.S. Steel X0.86%increase; green up pointing triangle to Japan’s Nippon Steel 5401 0.06%increase; green up pointing triangle, fulfilling his pledge to keep ...
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 national security. "It is my solemn responsibility as president to ...
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel.
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 ...