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US Steel, Joe Biden
US Steel seesaws on report Biden administration split over Nippon Steel deal
US Steel (NYSE:X) shares seesawed after a report that the Biden administration is split over a decision on the steelmaker's planned $14 billion sale to Nippon Steel (OTCPK:NPSCY), though Joe Biden still plans to block it.
FirstFT: Biden administration split over Nippon Steel’s US Steel takeover bid
Also in today’s newsletter, US to unveil new tariffs on Chinese cleantech imports, and North Korea slams South’s Yoon over failed martial law gambit
Biden plans to block Nippon Steel and US Steel merger, Bloomberg sources say
In a major victory for the Federal Trade Commission (FTC) and the Biden Administration, a federal judge has temporarily blocked the $25 billion merger between grocery giants Kroger (KR) and Albertsons (ACI), citing concerns over the impact on competition.
Nippon Steel plegdes $5,000 worker bonus
Nippon Steel offering U.S. Steel employees $5,000 bonuses that union calls bribery
Nippon Steel is offering nearly $100 million in closing bonuses, including of $5,000 to union employees. The United Steelworkers union, which has been staunchly opposed to a deal it fears will weaken domestic steelmaking,
Nippon Steel to give $5,000 closing bonus to U.S. Steel employees in the U.S.
Nippon Steel (NPSCY) announced a commitment to reward U.S. Steel (X) employees in the United States with a closing bonus of $5,000, less
Nippon Steel plegdes $5,000 worker bonus after U.S. Steel acquisition
Nippon Steel Corp. pledged Wednesday to pay $5,000 to each United States Steel Corp. employee as a one-time "closing bonus" if the Japanese steelmaker is permitted to complete its controversial acquisition of the American firm.
12h
Explainer: What next for Nippon Steel and US Steel's $15 bln mega-merger?
A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would ...
19h
Nippon Steel Slams 'Inappropriate' Politics In US Deal
Nippon Steel on Wednesday slammed the "inappropriate" influence of politics on its planned takeover of US Steel after a media ...
17h
Nippon Purchase of U.S. Steel Could Hinge on Trump
The evening before Donald Trump defeated Kamala Harris and recaptured the White House, a member of the United Steelworkers ...
11h
on MSN
US says review of Nippon-US Steel deal ongoing as US Steel shares tumble
A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what ...
10h
U.S. Steel's Proposed $14.9 Billion Merger With Nippon Steel
Here's a timeline of events leading up to the deal between the two steelmakers: Nippon Steel, citing national security ...
5d
on MSN
Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel
The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel ...
2d
Nippon Steel Makes Final Push to Win Over US Workers
Nippon Steel Corp. clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts ...
22h
on MSN
Nippon Steel to award US steelworkers $5,000 payout if company merger succeeds
Nippon Steel said a "commitment reward" would be given to almost all U.S. Steel employees if its proposed purchase of the ...
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