Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese ...
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a ...
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...
But US Steel has said the deal is necessary to help shore up the company’s ailing business, which has been struggling to keep up with cheaper foreign steel – mostly from China – for decades.
The proposed purchase is for RTX-made Advanced Medium-Range Air-To-Air Missiles and additional guidance instruments and ...
US President Joe Biden on Friday blocked the planned takeover of US Steel by Japan's Nippon Steel on grounds of risks to ...
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...