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U.S. Steel, Biden

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 US Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s core

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U.S. Steel, Nippon Steel Challenge Biden’s Move to Kill $14.1 Billion Deal

The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

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With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies

Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...

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Read President Joe Biden's statement on blocking U.S. Steel deal

On Friday, President Joe Biden moved to block the long awaited $14.9 billion sale of United States Steel Corp. to Nippon ...

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Japan’s investments in US set to go on despite Nippon Steel’s takeover setback

The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel ...

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