The Committee on Foreign Investment in the United States, or CFIUS, is reviewing the bid of the potential sale to see if there are national security concerns.
"Trump promises a drastic slashing of permitting for any major investment in the U.S. - something that will be tricky, and potentially illegal as mooted, but technicalities won't matter to markets - ...
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 ...
US Steel shares see volatility as Biden administration debates blocking $14 billion sale to Nippon Steel, citing national ...
Here's a timeline of events leading up to the deal between the two steelmakers: Nippon Steel, citing national security ...
U.S. President Joe Biden reportedly plans to formally block the $14 billion sale of U.S. Steel to Japan's Nippon Steel on ...
President Joe Biden, President-elect Donald Trump and a politically-influential labour union have voiced opposition to Nippon ...
A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would ...
The fate of a $15 billion mega-merger between Japan’s Nippon Steel and US Steel hangs precariously in the balance, awaiting ...
WASHINGTON (KDKA) - President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel . As of ...
Nippon Steel is offering nearly $100 million in closing bonuses, including of $5,000 to union employees. The United ...
The report comes days before the Committee on Foreign Investment in the United States is set to make a decision on the deal.