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Joe Biden, u.s. steel

President Biden Plans To Block Nippon Steel Takeover of US Steel, Report Says

KEY TAKEAWAYS President Joe Biden reportedly plans to formally block the $14 billion sale of United States Steel to Japan's Nippon Steel on national security grounds.According to Bloomberg, Biden will reject the bid once the Committee on Foreign Investment in the United States (CFIUS) panel sends its decision to the president by Dec.

YAHOO!Finance · 20h

Biden plans to block Nippon Steel’s takeover of US Steel

The deal has been undergoing a review from the Committe on Foreign Investments in the United States (CFIUS) for months.

Yahoo · 18h

President Biden expected to block sale of Pittsburgh's U.S. Steel

The president is expected to block the sale of Pittsburgh's U.S. Steel to Japan-based Nippon Steel on grounds of national security.

3don MSNOpinion

Biden’s Moment of Truth on U.S. Steel

He can approve a Nippon Steel offer that is in the U.S. interest.

21h

Biden set to block U.S. Steel-Nippon sale, say reports

President Joe Biden is on the verge of blocking a proposed $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel Co., ...

10h

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 ...

17h

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 ...

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