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The Latest Breaking News from Nippon Steel

Global Stocks Mixed After Wall Street Holiday Rally

Global stock markets show mixed performance with gains in Europe and the U.S., but declines in Asia. Concerns over trade policies and national security imp...

Top News

Japan PM Says Blocked US Steel Deal Could Hit Investments

Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments.

International Business Times

Stock market today: Asian stocks are mixed after Wall Street snap out of holiday-season funk

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining

The Independent UK

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President Biden Blocks Japanese Takeover Of U.S. Steel

President Biden's decision to block a Japanese company's takeover of U.S. Steel raises concerns about American steel industry jobs and investments.

Top News

Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland

The Independent UK

Nippon Steel and US Steel Hit Back At Biden's 'Unlawful Decision' To Block Sale

The president rejected the $14.9 billion deal between the steelmakers over national security concerns.

International Business Times

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed to do in March

The Independent UK

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Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career

It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.

Reason

Biden blocks $14.9B sale of U.S. Steel

The president said it was his "responsibility to block foreign ownership of this vital American company”

Salon

Biden blocks sale of US Steel to Japan’s Nippon Steel

Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.

Al Jazeera

Corpse President Says Companies Can't Do What They Want

Plus: Subway system crime by the numbers, Bernie Sanders' H-1B visa hate, surgeon general still stupid, and more...

Reason

President Biden Rejects Nippon Steel's U.S. Steel Acquisition Deal

President Biden blocks the billion acquisition of U.S. Steel by Nippon Steel, citing national security concerns and potential strain on U.S.-Japan rela...

Top News

Biden Blocks US Steel Takeover By Japan's Nippon Steel: 'Will Remain A Proud American Company'

Biden and President-elect Donald Trump have both previously slammed the potential takeover.

International Business Times

Biden Blocks US-Japan Steel Deal

President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry.

International Business Times

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The Independent UK

Biden blocks Japanese takeover of US Steel on national security grounds

Biden says the Pittsburgh-based U.S. Steel ‘will remain a proud American company — one that’s American-owned, American-operated, by American union steelworkers’

The Guardian - US

Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel

President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned

Top News

President Biden To Block .3B US Steel Deal

President Biden's decision to block the acquisition of US Steel by Nippon Steel raises national security concerns and highlights the importance of American...

Latin Times

Biden To Block US-Japan Steel Deal: US Media

The decision was left with Biden after a US government panel failed to reach a consensus in late December on whether US Steel's acquisition by Nippon Steel threatens Washington's national security.

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Roll Call

Biden blocks Nippon purchase of US Steel - Roll Call

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed the deal.

International Business Times

Biden To Block US Steel Takeover By Nippon Steel: Reports

A White House announcement of the presidential finding is being planned unless Biden has a last-minute change of heart, according to the Washington Post and the New York Times.

Al Jazeera

Biden to block Nippon Steel’s takeover of US Steel, reports say

US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.

Barchart

Stocks Finish Lower on Year-End Profit-Taking

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.87%. March E-mini S&P futures (ESH25 ) are down -0.37%, and March E-mini Nasdaq futures...

Reason

Bootleggers and Baptists in the U.S. Steel Deal

Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.

Reason

Nippon Steel-U.S. Steel Merger Poses No National Security Threat

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

Reason

Holiday Stress Test

Plus: AI energy boom, Biden vs. Nippon Steel, and more...

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