President Biden is on the clock, needing to decide by Tuesday whether or not to stop Nippon Steel from buying U.S. Steel. Why ...
As President Joe Biden seems likely to kill Nippon Steel's acquisition of U.S. Steel, China isn't hiding its glee.
Shares of U.S. Steel, which had been down lately, rose 10% to $33.99 in the final hours of trading Tuesday as the reports ...
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
who would be appointed subject to CFIUS approval.” The Post noted that “Nippon Steel has already pledged $2.7 billion in new investment for U.S. Steel’s unionized operations in Pennsylvania’s Mon ...
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.
Both US Steel and Nippon have maintained that the deal poses no national security threat. The companies each put out statements Monday night saying CFIUS notified them that it failed to reach a ...
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion ...
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...
The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, ...