Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.
Joe Biden’s decision to block Nippon Steel’s acquisiton of U.S. Steel may have gone against the advice of top aides.
Almost as soon as President Joe Biden announced he would block Nippon Steel’s acquisition of U.S. Steel, the caterwauling began. The U.S. Steel CEO and some economists complained that Biden’s ...
As he signed a sweeping executive order in July 2021 intended to crack down on anticompetitive business practices, President Joe ... U.S. Steel's acquisition by Nippon Steel, Biden apparently ...
Nippon Steel and U.S. Steel sued President Joe Biden on Monday over his decision to bar them from joining forces, alleging that he had violated their constitutional rights to due process in a ...
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker,
Donald Trump can accomplish all those goals in one action: reversing Joe Biden’s silly attempt to block Nippon’s acquisition of U.S. Steel. A deal that escaped Joe Biden is still within reach.
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
United States Steel Corp. and Nippon Steel Corp. have been granted a six-month extension to a deadline in President Joe Biden’s executive order to dissolve Nippon's proposed acquisition of U.S. Steel as the companies appeal the order in an effort to save their proposed $14.9 billion deal.
"I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.