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The New York Times · 5h

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.

Hosted on MSN · 1d

Yellen says CFIUS made "thorough analysis" of blocked US Steel-Nippon Steel merger

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a "thorough analysis" by an interagency national security review body that was sent to President Joe Biden.

The Washington Post on MSN · 3d

Nippon Steel and U.S. Steel sue Biden administration over blocked deal

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.

Newsweek on MSN · 3d

US Steel, Nippon Sue Biden for Blocking $15 Billion Deal

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

Kyodo News on MSN · 20h

U.S.-Japan ties strong despite blocked Nippon Steel deal: ambassador

U.S. Ambassador to Japan Rahm Emanuel on Thursday played down concerns over the potential repercussions from President Joe Biden's decision to block the $14.1 billion acquisition of United States Steel Corp.

1d

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

2don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...

The Economist14h

What next for US Steel?

Overturning Mr Biden’s decision in court will be tough. Judges give wide latitude to the executive on matters of national ...

1d

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

6d

United States Steel: Dead Deal Creates Income Opportunities

United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair ...

2d

Despite Nippon Steel, US and Japan say ties stronger than ever

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

2don MSN

Leaders say future of Mon Valley is murky as Nippon-U.S. Steel merger stalled for now

Tim White has been working with an organization that works to overcome economic devastation long enough to be fully familiar ...

4don MSN

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 ...

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