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

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines 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,…

Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
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Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As signs emerged that President Biden was gearing up to stop the Japanese steel maker Nippon Steel from acquiring Pittsburgh-based U.S. Steel, top Japanese officials repeatedly warned that quashing the merger would hinder economic ties between the allies. Japan’s biggest business lobby, Keidanren,…