U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.
Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.
The storied watch brand Universal Genève is famous for its Tri-Compax and Polerouter models. Here's five exceptional UG ...
President Biden said he would block the sale of one of America’s most iconic companies to a Japanese company. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion ...