United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% ...
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...
The companies, whose $55 a share cash deal to acquire U.S. Steel was first proposed Dec. 18, 2023, are working against a June ...
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption." ...
President Joe Biden blocked the deal, however, and Trump has indicated that he doesn’t want the steel company to be owned by ...
U.S. President Joe Biden unlawfully blocked Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security ...
United States Steel Corp. CEO David Burritt in an interview with CNBC appealed to President-elect Donald J. Trump to rescue ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...