Tag: $United States Steel

U.S. Steel and Nippon File Lawsuits After Biden Blocks Merger

The lawsuits challenge President Joe Biden’s final significant act of his tenure, calling his decision to block the buyout of the American steel maker by Nippon Steel an “unlawful political influence.

U.S. Steel Stock Plummets. The White House Is the Worry.

Shares of American manufacturing icon United States Steel dove Wednesday as fresh worries about its deal with Nippon emerged.