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Biden, US Steel and Nippon
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.
US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’
The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the
1h
Now it’s Trump’s turn to save steelworker jobs
Trump will probably try to protect American steelworker jobs with tariffs on imported steel. The last time he did that, it killed more jobs than it saved.
The Nation
3h
Biden Was Right to Block the US Steel Takeover
Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.
Stars and Stripes
2h
US Steel CEO calls blocking of deal ‘shameful and corrupt’
MUNSTER, Ind. (Tribune News Service) — U.S. Steel CEO David Burritt called the Biden administration’s decision to block ...
1h
Biden’s final affront to the working class
President Joe Biden has decided to destroy as many jobs as humanly possible on his way out of the White House.
3d
on MSN
This week in Bidenomics: Stranded steelworkers
Joe Biden calls himself the most pro-union president in American history. But he’s punting a thorny union matter to his ...
21h
on MSN
Biden killed US Steel deal even though some US officials rejected national security concerns
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
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