The Straits Times3d
Biden administration delays enforcement of order blocking Nippon Steel, US Steel deal
WASHINGTON – The Biden administration will hold off enforcing a requirement laid out in an executive order in January that Nippon Steel abandon its US$14.9 billion (S$20.4 billion) bid for US ...
The Times of Northwest Indiana6d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
WASHINGTON — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company ...
Reuters4d
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
WASHINGTON, Jan 11 (Reuters) - The Biden administration delayed until June an order for Nippon Steel (5401.T), opens new tab to abandon its $14.9 billion bid for U.S. Steel (X.N), opens new tab ...
Washington Times5d
From U.S. Steel to TikTok, Trump will look at challenges in new ways
U.S. Steel CEO David Burritt took another run at persuading Donald Trump to change his mind and let the iconic Pittsburgh steelmaker be sold to Nippon Steel of Japan, Fox Business reported on Jan. 6.
Pacific Daily News6d
US Steel and Nippon Steel sue over Biden's decision to block merger
Nippon Steel and US Steel filed suit Monday over US President Joe Biden's decision to block the Japanese giant's proposed acquisition of its American rival, accusing his administration of "illegal ...
The Hill6d
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America ...
The Business Journals6d
U.S. Steel Director Jeh Johnson resigns from the board
He had been a director since 2020. United States Steel Corp. is losing one of the members of its board of directors. Jeh C. Johnson, U.S. Homeland Security secretary from 2013 to 2017 in the Obama ...
scmp.com4d
Despite increased levels of international engagement, governments are unwilling to make concessions on sovereignty even in the global interest
Ironically, US President Joe Biden’s rejection of the bid by Japanese company Nippon Steel to acquire US Steel seems to disprove Ohmae’s thesis in dramatic fashion. Nippon Steel is initiating ...
Nikkei Asia3d
U.S. delays enforcement of order blocking U.S. Steel deal until June
WASHINGTON (Reuters) -- The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel ...
TribLIVE.com6d
Trump might still have sway in U.S. Steel-Nippon deal
Signaling hope for a change of heart, U.S. Steel CEO David Burritt made an appeal to Trump during an interview Tuesday with NBC News, calling the president-elect a “smart guy” and asking him ...
The Hindu3d
Biden administration delays enforcement of order blocking Nippon Steel, U.S. Steel deal
The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel, the companies said on ...