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Joe Biden, U.S. Steel

Hosted on MSN · 22h

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.

Investopedia on MSN · 22h

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.

The Financial Times · 14h

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

Nippon Steel offers $5K 'closing bonus'

ジャパンタイムズ · 1d

Union blasts Nippon Steel’s $5,000 per worker bonus in U.S. Steel deal

The United Steelworkers called the move “a classic union-busting tactic” and a “desperate attempt to win over support for its doomed acquisition.”

Kyodo News on MSN · 1d

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.

The Business Journals · 1d

Nippon Steel offers $5K 'closing bonus' to U.S. Steel employees if sale goes through

Nippon Steel Corp. on Tuesday said it would offer a $5,000 closing bonus to each U.S. Steel employee if the deal to acquire the company is completed.

1d

US Says Review of Nippon-US Steel Tie-Up Ongoing as US Steel Shares Tumble

(Reuters) - U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national ...

1d

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 ...

8don MSN

Trump doubles down on vow to block Nippon-US Steel deal, make US Steel ‘strong and great again’

Trump had repeatedly slammed the deal during his presidential campaign, but this was the first time he reinforced his promise ...

5don MSN

Nippon Steel still optimistic for buy

The signs at Nippon Steel read: "The world through steel," underlining why Japan's top steelmaker is pursuing its $15 billion ...

2d

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 ...

7d

Nippon Steel still confident it can close widely opposed U.S. Steel deal

Almost a year after Nippon Steel announced its takeover plan, hefty political hurdles remain. President-elect Donald Trump ...

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