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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 ...
Good morning. President Joe Biden has decided to block the sale of US Steel to Japan’s Nippon Steel. Take a peek at the 2024 returns of the biggest hedge funds. And Luke Littler goes through to ...
The move nevertheless enjoyed rare bipartisan agreement, with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would ...
WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.
President Joe Biden on Friday blocked US Steel’s (X) $14 billion sale to Japanese giant Nippon Steel on national security concerns, creating new uncertainty for an iconic American steelmaker.
Biden announced in a statement he had made the decision due to “credible evidence” that the purchase could threaten national security. The president’s decision comes after the Japanese ...
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. The Edgar Thomson Works in Braddock, Pennsylvania ...
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 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 ...