President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
Nippon's vice chairman is sitting down with multiple mayors in the Mon Valley, trying to determine what to do next.
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
Biden issued an order blocking Nippon Steel Corp.'s proposed $14.9 billion purchase of Pittsburgh-based U.S ... which was once part of the abandoned Homestead Steel Works that continues to ...
Report says Nippon Steel is negotiating directly with the White House over the purchase of the Pittsburgh-based company ... reduce production at U.S. Steel mills in Pennsylvania, Indiana and ...
US Steel has claimed it could be forced to shut down the mills represented by the USW ... workers flocked to Pittsburgh and other Rust Belt cities for well-paying factory jobs.
When the Nippon’s $14 billion offer became public in late 2023, regional economist Christopher Briem, of the University of Pittsburgh’s University Center for Social and Urban Research, wrote in an ...