Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
Iron Range union applauds Biden’s blocking of U.S. Steel acquisition: ‘We are going to be fine’
President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...
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 ...
Blocked U.S. Steel-Nippon deal raises risks for auto industry
Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...
U.S. Steel's Long-Term Survival Is Uncertain Without Capital Infusion
U.S. Steel (X) faces financial challenges amid blocked merger and declining steel prices, raising concerns about long-term ...
Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same
President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...
U.S. Steel to fund training center with multi-million-dollar grant after close of Nippon Steel sale
U.S. Steel plans to fund a training center with a multi-million-dollar grant after the close of its transaction with Nippon ...