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US Steel and Nippon file lawsuit
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 "a bad idea" as the billion-dollar deal was legally blocked.
U.S. Steel Stock Up After Filing Lawsuit With Nippon, Challenging Biden’s Decision.
The lawsuits call President Biden’s decision to block the buyout of the American steel maker by Nippon Steel an ‘unlawful political influence.’
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
15h
on MSN
U.S. Steel, Nippon sue Biden administration over decision to block merger
By Alexandra Alper, Aatreyee Dasgupta and Yuka Obayashi WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked ...
7h
on MSN
Japanese steelmaker vows not to give up on buying U.S. Steel
Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the ...
18h
U.S. Steel sues Biden administration, 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 ...
3h
on MSN
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
Opinion
22h
Opinion
Biden’s U.S. Steel move blots his far-from-stainless trade record
By blocking the U.S. Steel deal, Joe Biden showed he’s a Donald Trump mini-me on protectionism.
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Biden
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