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U.S. Steel, Nippon Steel Challenge Biden's Move 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 - 1d -
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Nippon Steel bets on Trump to salvage $15bn US deal
Japanese company and target US Steel have also sued the Biden administration and rival Cleveland-CliffsFinancial Times - 10h -
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.CNBC - 21h -
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.NBC News - 22h -
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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 - 1d -
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 - 1d -
Nippon Steel and US Steel sue after Biden blocks $15bn deal
Donald Trump calls for American steel group to remain independent companyFinancial Times - 1d -
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 - 2d -
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 - 2d -
Deadly New Year's trend strikes again in Japan
Choking on mochi is so common that authorities offer tips every year on how to help someone who has the food lodged in their throat.CBS News - 2d -
World’s oldest person, Tomiko Itooka, dies in Japan aged 116
Itooka, who died at a care home in Ashiya, enjoyed bananas and had been a keen mountain climber. A Japanese woman who was the world’s oldest living person has died at the age of 116.. Tomiko ...The Guardian - 4d -
Tomiko Itooka of Japan, World’s Oldest Person, Dies at 116
Born in 1908, she raised four children, ran a family textile factory during World War II, and remained an avid hiker into her 80s.The New York Times - 4d -
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 - 4d -
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 - 4d -
Why Japan is the perfect place to turn 50
A significant birthday feels less so in a country that has become a global pioneer of ageing — for better and for worseFinancial Times - 4d -
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 - 4d -
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.CBS News - 4d -
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 - 4d -
Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
U.S. Steel's stock opened down more than 7% in trading Friday following the president's announcement.CNBC - 4d -
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 - 4d -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - 4d -
Biden blocks Nippon Steel’s $15bn takeover of US Steel
Companies threaten legal action in response to outgoing president’s decisionFinancial Times - 4d -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - 4d -
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 - 5d -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - 5d -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - 6d -
