President Joe Biden blocked a Japanese company’s $15 billion bid to purchase Pennsylvania’s U.S. Steel on Friday. “Steel production — and the steel workers who produce it — are the ...
If the Pennsylvania governor doesn’t finally start leading, an iconic Pittsburgh-based company may die, writes Nathan ...
President Joe Biden’s decision to block Nippon Steel’s bid to buy U.S. Steel could have significant implications for Pennsylvania and the steel industry. President-elect Donald Trump had ...
Nippon Steel Corp. and United States Steel Corp. blamed politics and a failed review process for former President Joe Biden’s ...
(WHTM) – Pennsylvania lawmakers are reacting to President Joe Biden’s plan to block the acquisition of Pennsylvania-based U.S. Steel by the Japanese company Nippon Steel. Pennsylvania Governor ...
Cleveland-based activist investor Ancora is pushing for U.S. Steel to elect a new board of directors that would stop its ...
Ancora Holdings Group said the board of U.S. Steel and its CEO have prioritized the sale to Nippon because they stand to ...
If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
Biden said he blocked the $14 billion takeover of U.S. Steel by Japan‘s Nippon Steel on the grounds the sale was a threat to national security. The Edgar Thomson Works in Braddock, Pennsylvania ...
It said Nippon intends to ultimately transfer production from integrated, union-represented mills in Pennsylvania and Indiana to US Steel’s own mini-mill operation in Texas.