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U.S. Steel, Joe Biden
President Biden reportedly set to block sale of Pittsburgh's U.S. Steel to Japan-based Nippon Steel
President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel. As of Wednesday morning, a U.S. National Security Panel is reviewing the proposed $15 billion deal and the panel has to refer its decision on the merger to President Biden by December 22 or 23.
President Biden Plans To Block Nippon Steel Takeover of US Steel, Report Says
U.S. President Joe Biden reportedly plans to formally block the $14 billion sale of U.S. Steel to Japan's Nippon Steel on national security grounds.
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 union representing the unaffiliated grassroots organization Steelworkers for Trump was granted a private, five-minute meeting with the former president before he walked on stage to headline a final campaign rally in Pittsburgh.
Nippon Steel offers $5K 'closing 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 offers $5000 closing bonuses for U.S. Steel employees
Nippon Steel announces plan to give $5000 closing bonuses to U.S. Steel employees following the close of the transaction between the two companies.
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
16h
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 ...
14h
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 ...
1d
Biden to kill Nippon Steel’s $15B takeover of US Steel on national security grounds: report
The Committee on Foreign Investment in the United States panel reviewing the deal must refer its decision on the merger to ...
1h
Sale of U.S. Steel still in limbo, union accuses proposed buyer of ‘bribery’
The sale of U.S. Steel to Nippon Steel in Japan might come down to whether or not a committee on foreign investment deems it a national security concern. One local councilman believes that reason is ...
1d
US says review of Nippon-US Steel tie-up ongoing as US Steel shares tumble
Shares of U.S. Steel tumbled more than 10% on Tuesday afternoon following a Bloomberg report suggesting the deal would be ...
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 ...
1d
Impasse deepens over U.S. Steel takeover as government review nears end
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
1d
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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