U.S. Steel, Joe Biden

US extends deadline on Nippon’s bid for US Steel, offering some hope that the deal is not dead
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.
U.S. Steel Stock Jumps as US Extends Deadline for Nippon Steel to Axe Takeover
KEY TAKEAWAYS U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of the American steelmaker.
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.
U.S. Extends Deadline for Nippon Steel to Abandon U.S. Steel Deal
The U.S. steelmaker said a federal interagency panel had granted an extension to June 18 for the requirement in President Biden’s executive order that the parties permanently abandon the transaction.
Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel
US Steel and Nippon Steel sue Biden administration over blocked merger
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
US Delays Enforcement Of Order Blocking Nippon Steel Merger
US authorities have extended the deadline for Japan's Nippon Steel to abandon its acquisition of its American rival after President Joe Biden blocked the deal, the companies said Sunday.
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
CNN on MSN7d
Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last ...
Reuters7d
Despite Nippon Steel, US and Japan say ties stronger than ever
In remarks to the media, at which no questions were taken, Blinken did not mention Nippon Steel, but a statement from Japan's foreign ministry said he and Iwaya "exchanged views on the economy ...
Business Wire7d
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...
Crain's Cleveland Business3h
Cleveland-Cliffs, Nucor making joint bid for U.S. Steel: report
Ten days after President Joe Biden killed the takeover of U.S. Steel (USS) by Japan's Nippon Steel, Cleveland-Cliffs is again ...
Chattanooga Times Free Press2d
Nippon purchase of U.S. Steel would strengthen national security
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital ...
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
Allegiance: A tale of two threatened Pennsylvania steel companies
Federal interference threatened operations for two Pennsylvania steel companies this year. The allies on the battlefield, ...