Latest in US Steel’s tortuous un merger is a deal for the ages
Sort by
311 items
-
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - 1h -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - 10h -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - 11h -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - 12h -
U.S. Steel, Nippon Steel Challenge Biden Decision to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - 13h -
Biden's National-Security Aides Wanted to Keep Steel Deal Alive
The president went against top national-security aides when deciding to tank a Japanese takeover of U.S. Steel and instead align with domestic advisers, bolstering his pro-union legacy.The Wall Street Journal - 3d -
U.S. Steel sues Biden admin, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he was blocking a proposed deal for the iconic American manufacturer.NBC News - 8h -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - 10h -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - 10h -
Nippon Steel and US Steel sue after Biden blocks $15bn deal
Donald Trump calls for American steel group to remain independent companyFinancial Times - 11h -
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - 13h -
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS News - 14h -
Disney, Fubo reach merger agreement
Disney and Fubo have reached an agreement to merge, the companies announced Monday, signaling a victory for the entertainment giant in the world of sports streaming. Fubo, a platform that offers a ...The Hill - 15h -
Biden's decision to block the US Steel sale would have made Harry Truman proud
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.The Hill - 15h -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - 16h -
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
Steel companies are suing the government and a rival over their botched deal.MarketWatch - 17h -
‘The Trump Effect’ in the age of terrorism
Have those in charge of our defense against terrorism taken their eyes off the ball to engage in petty, self-destructive and potentially illegal partisan politics?The Hill - 2d -
Biden blocks Japan's Nippon Steel from buying US Steel
Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.BBC News - 3d -
Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.The New York Times - 3d -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - 3d -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - 3d -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - 3d -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - 3d -
Biden blocks Nippon Steel’s $15bn takeover of US Steel
Companies threaten legal action in response to outgoing president’s decisionFinancial Times - 3d -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - 3d -
Rare footage shows Kim Jong Un's sister with children
Kim Yo Jong was spotted with two youngsters -- a boy and a girl -- while attending North Korea's New Year art performance.CBS News - 3d -
Brown hails Biden decision to block Japanese takeover of US Steel
Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan’s Nippon Steel, a deal that was valued at $14 billion. “The deal was ...The Hill - 3d -
More than 2,200 people died in Mediterranean in 2024, UN finds
Figure includes hundreds of children, who make up one in five migrants trying to reach Europe fleeing war and poverty. More than 2,200 people either died or went missing in the Mediterranean while ...The Guardian - 3d -
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - 3d -
US Steel’s tortuous un-merger is a deal for the ages
Would-be acquirers prepare for era where big is no longer bad, but foreign still might beFinancial Times - 3d -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - 3d -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - 3d -
Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel
President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned. Joe Biden has blocked a $14.9bn bid by Japan’s Nippon Steel for US Steel, ...The Guardian - 3d -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - 3d -
Biden rejecting deal between U.S. Steel and Japan's Nippon Steel, according to reports
President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.CBS News - 3d -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - 3d -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - 4d -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - 4d