Biden’s National-Security Aides Wanted to Keep Steel Deal Alive
President Biden went against top national-security aides when deciding to tank a Japanese takeover of U.S. Steel and instead align with domestic advisers, bolstering his pro-union legacy.
What does blockage of steel deal mean for U.S. Steel facility in Jefferson County?
President Joe Biden rejected the deal between U.S. Steel and Japan's Nippon Steel. The $14 billion acquisition was opposed by ...
U.S. Steel, Nippon Steel say they're not done fighting for deal
United States Steel Corp. and Nippon Steel on Friday struck back at what they called President Biden's "unlawful decision" to ...
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
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Biden Halts Nippon Steel's Bid: A Blow to U.S. Steel Merger
President Joe Biden blocked Nippon Steel's $14.9 billion purchase of U.S. Steel, citing national security concerns. The ...
CFIUS Review of Acquisitions and Investments
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.
Mon Valley leaders, steelworkers 'extremely disappointed' with Biden decision to block Nippon Steel-U.S. Steel deal
Following President Joe Biden's blocking of the sale of United States Steel Corp. to Nippon Steel Corp., several mayors and ...