The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources.
United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% during the same time..
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital investment to help restore the ailing steelmaker's competitiveness and preserve over 4,
Environmentalists are hailing the White House’s recent order to block Nippon Steel from buying US Steel, saying a takeover by the Japanese giant would have guaranteed many more years of carbon-intensive,
Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a landmark Rs1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli, during his visit to the World Economic Forum (WEF) in Davos.
We believe he blocked our deal over electoral politics, not security.
President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national security grounds will have disastrous consequences for some Pennsylvania steel workers, who will lose their jobs and won’t be able to pay mortgages and support their families.
It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.
Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. A Philadelphia sports fan, who went on a misogynistic tirade against a female Green Bay Packers fan in viral video, lost his job and won't be allowed to ever attend another Eagles home game, officials said Tuesday.