McCall - Wander City

Trump Says Nippon Steel Will Make Major Investment in U.S. Steel

alishpagda08@gmail.com5 months ago05 mins

President Trump said on Friday that Nippon Steel was planning to make a major investment in U.S. Steel after the Biden administration moved to block the Japanese company’s $14 billion takeover bid last month on the basis that it was a threat to national security. Such an investment, if it moves forward, could be a…

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

alishpagda08@gmail.com6 months ago09 mins

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit, filed in a federal court in Washington, accused Mr. Biden and other…