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Steel, Hail Mary

Hosted on MSN · 25m

Steelworkers union criticizes Nippon Steel's proposal for lack of long-term commitment

The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto power over any potential reductions in U.S. Steel's production capacity, if they get the approval to merge.

Crain's Cleveland Business · 1h

Steelworkers union says Nippon Steel’s ‘Hail Mary’ offer lacks commitment

The United Steelworkers union said Nippon Steel Corp.’s latest offer to win presidential approval of its proposed acquisition of U.S. Steel Corp. is a long-shot attempt that fails to commit to maintaining future production.

news.bloomberglaw · 1h

USW Union Says Nippon Steel’s ‘Hail Mary’ Offer Lacks Commitment

The United Steelworkers union said Nippon Steel Corp.’s latest offer to win presidential approval of its proposed acquisition of US Steel Corp. is a long-shot attempt that fails to commit to maintaining future production.

U.S. Steel, Biden

Hosted on MSN · 4h

Biden's Nippon Steel decision could have ramifications on U.S. relations with Japan

President Biden is on the clock, needing to decide by Tuesday whether or not to stop Nippon Steel from buying U.S. Steel. Why it matters: This could have ramifications for economic relations between the two longtime allies,

Transport Topics · 6h

Nippon Steel Offers Biden Veto Power to Win US Steel Deal

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

Biden to decide on Nippon Steel acquisition of U.S. Steel

President Biden has just over a week to decide how he wants to move forward on Nippon Steel's proposed acquisition of U.S. Steel. CBS News White House reporter Willie James Inman has more on that and some of the other big news coming out of the Biden administration.

1d

Nippon Steel offers US government veto power in bid for US Steel approval, source says

Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...

The Daily Signal2h

China Celebrates as Biden Casts Doubt on US Steel

As President Joe Biden seems likely to kill Nippon Steel's acquisition of U.S. Steel, China isn't hiding its glee.

3d

To make America great, Trump can enable the Nippon Steel acquisition

One thing that should be simple is reversing President Joe Biden’s absurd policy on the proposed acquisition of U.S. Steel by ...

Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition

Biden, who faces a Jan. 7 deadline to make a decision, opposed the deal, aligning with United Steelworkers Union President ...

Stars and Stripes1d

Nippon Steel reportedly negotiating directly with White House in quest to purchase US Steel

Nippon Steel is now negotiating directly with the White House to save the imperiled takeover as President Joe Biden is due to ...

8h

U.S. Steel shares up after fresh optimism over potential deal

Shares of U.S. Steel, which had been down lately, rose 10% to $33.99 in the final hours of trading Tuesday as the reports ...

1d

Nippon Steel adds 10-year guarantee not to reduce US Steel production if deal goes through, Washington Post reports

Nippon Steel adds 10-year guarantee not to reduce US Steel production if deal goes through, Washington Post reports ...

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