Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business ...
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.
WASHINGTON (AP) — Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to ...
Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...
The two companies alleged Biden’s actions ... security priority and is critical for resilient supply chains." "That is because steel powers our country: our infrastructure, our auto industry ...
He cited the need to protect national security and supply chains ... and may also scare away foreign investment in other US ...
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 ...
We need major U.S. companies representing the major share of U.S. steelmaking capacity to keep leading the fight on behalf of ...
bolstering the American steel supply chain, and strengthening America’s domestic steel industry against the threat from China,” the companies said in a prepared statement Monday. Nippon Steel ...