U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
Posted inBiden, Joseph R Jr Cleveland-Cliffs Inc Committee on Foreign Investment in the United States (CFIUS) Foreign Investments Goncalves, Lourenco McCall, David Mergers, Acquisitions and Divestitures Nippon Steel Corporation Steel and Iron Suits and Litigation (Civil) United States Steel Corporation United Steelworkers of America

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

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
Ohio Reaps Benefits From a Climate Law JD Vance Repeatedly Attacks
Posted inAlternative and Renewable Energy Biden, Joseph R Jr Cleveland-Cliffs Inc Factories and Manufacturing Inflation Reduction Act of 2022 Labor and Jobs Middletown (Ohio) Ohio Presidential Election of 2024 Steel and Iron Tax Credits, Deductions and Exemptions United States Politics and Government Vance, J D

Ohio Reaps Benefits From a Climate Law JD Vance Repeatedly Attacks

Former President Donald J. Trump has called for clawing back unspent funds included in the Inflation Reduction Act, President Biden’s landmark climate bill. That could have adverse impacts in Ohio.
Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in Peril
Posted inChina Cleveland-Cliffs Inc Foreign Investments Japan Mergers, Acquisitions and Divestitures Nippon Steel Corporation Pennsylvania Presidential Election of 2024 Steel and Iron United States United States Steel Corporation United Steelworkers of America

Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in Peril

The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.