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.
Japanese company cannot buy US Steel: Biden rejects Nippon‘s $15 billion deal
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.
Opinion
Editorial: Blocking Nippon deal is a death sentence for Pittsburgh steel
President Joe Biden's decision to block Nippon Steel's acquisition of U.S. Steel will go down as one of the worst of his presidency, and will tarnish the legacy of a man who set out to strengthen American relations with other nations and to be the most pro-worker president in modern American history.
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Biden blocks Nippon Steel's deal to acquire US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA's most storied steel company.
Biden blocks US Steel takeover by Japan-based Nippon
President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security. "Without domestic steel production and domestic steel workers, our nation is less strong and less secure," Biden said in a statement.
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’s core economic and national-security interests less secure than it found them,
Mitch McConnell blasts Biden decision to block U.S. Steel-Nippon deal
By blocking the sale of U.S. Steel to Nippon Steel, President Joe Biden sold out American industry, workers and national security to “Big Labor,” writes U.S. Sen. Mitch McConnell, R-Kentucky, in a Wall Street Journal op-ed published Wednesday.
Why Japan Won’t Stop Trying to Invest in the U.S.
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...
CBS News5d
Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
And while Nippon promised to keep the headquarters in Downtown Pittsburgh and not shut down ... including government officials from Japan and allies and partners in the U.S., to take all ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
WWE’s ‘Monday Night Raw’ Netflix Debut Draws 4.9 Million Views
During the first “Raw” on Netflix, Roman Reigns defeated his cousin Solo Sikoa in a Tribal Combat match for the sacred ula ...
Judge approves settlement in suit that Tesla's board overpaid themselves
A judge has approved the settlement that finally wraps up a case brought against Tesla by the Police and Fire Retirement ...
Obituaries PGe PG Store Archives Classifieds
Gov. Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the ...
Jurist23h
World Economic Forum urges corporate action to eradicate forced labor
The World Economic Forum (WEF) on Thursday urgently called on companies worldwide to intensify efforts to prevent forced labour, a pervasive issue that continues to effect approximately 27.6 million ...
Prized Pitcher Roki Sasaki Going To Dodgers, Yankees, Padres, Or
Japanese pitcher Roki Sasaki will be the top prize when baseball’s 2025 international signing period begins one week from ...