Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce back in the near-term,
Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion acquisition of U.S. Steel, according to people familiar with the process.
US Steel Stock Sinks as Biden Blocks Nippon Steel Takeover
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel.
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after reports that President Joe Biden will officially reject the acquisition as early as Friday.
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
Biden rejected appeals of several top advisers in blocking U.S. Steel bid
Senior administration officials had reservations about calling Nippon Steel’s takeover proposal a “national security risk.”
Nippon Steel shares down after US government blocks U.S. Steel purchase
Shares in Nippon Steel fell more than 1% on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan's largest steelmaker.
Nippon Steel Condemns U.S. Block of U.S. Steel Acquisition
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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 ...
The Fallout From the End of the U.S. Steel Deal
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.
What’s next for US Steel?
Eurozone economists warn the European Central Bank has been too slow to cut interest rates, and US Steel faces a bleak outlook after President Biden’s decision to block its sale. UK businesses plan ...
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
Biden's Bold Move on US Steel Has Big Climate Impacts
President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon ...
These Stocks Are Moving the Most Today: Tesla, U.S. Steel, Rivian, Nvidia, Carvana, Vistra, BUD, and More
Stocks rose Friday after Wall Street kicked off the first trading day of the new year with a loss in a volatile session.These ...
Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same
President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...