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U.S. Steel faces murky future

CBS News on MSN · 1h

U.S. Steel faces murky future after proposed takeover by Nippon Steel is blocked

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the manufacturer could struggle to energize growth or attract rival acquisition bids.

The New York Times · 1h

Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.

Minneapolis Star Tribune on MSN · 58m

Blocked Nippon deal leaves fate of U.S. Steel in question

The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top.

2h

Biden blocks Japan's Nippon Steel from acquiring U.S. Steel

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

5hon MSN

Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same

President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...

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