United States Steel - Search News

US Steel, Nippon sue Biden over move to block $14B deal

CNN on MSN · 3h

US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.

The Associated Press - Business … · 18h

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.

ABC News on MSN · 15h

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

NBC News on MSN13m

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the ...

3don MSN

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...

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United States Steel: Dead Deal Creates Income Opportunities

United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair ...

6don MSN

Why United States Steel Stock Crushed the Market Today

A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...

3don MSN

Why United States Steel Corp. (NYSE:X) Crashed Yesterday

We recently compiled a list of the 10 Firms Kick Off 2025 Trading in The Red. In this article, we are going to take a look at ...

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Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...

12hon MSN

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...

12h

Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’

Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and ...

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