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 ...
President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.
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 ...