President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.
The UnitedStates abstained from the U.N. SecurityCouncil vote on Friday over its funding concerns ... Reuters provides business, financial, national and international news to ...
For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover ...
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