More than one year after a potential purchase of U.S. Steel was announced, President Joe Biden has officially blocked the ...
Gary Mayor Eddie Melton says Nippon executives from Japan promised a $1 billion investment in the Gary U.S. Steel plant pending the merger. However, union leaders support President Biden's decision to ...
GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden blocked their nearly $15 billion acquisition agreement. The president followed ...
A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...
Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...
By SANDRA BRAND Times Editor President Joe Biden announced this morning he has blocked the $14.1 billion sale of U.S. Steel to Japan's Nippon Steel. The President said his decision is based on ...
The sale was opposed by the United Steelworkers International union, a powerful labor group that had continually urged Biden, ...
"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...
Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and ...
Biden’s decision—attributed by other news organizations to unnamed sources—comes just days after Japan-based Nippon proposed giving the U.S. government a veto over any reduction in U.S. Steel’s ...
Following a lengthy investigation by local law enforcement officials in the county and in other areas of the state, a group of Indianapolis and Gary men have been arrested and charged following a home ...
What the bipartisan merger opposition seemed to have in common in 2024 was a quest for voter support. Candidates from both ...