Mass timber could revolutionize construction, if only New York would embrace it. We commissioned four projects to show what ...
Did the end of that identity come Friday when President Joe Biden blocked the sale of U.S. Steel to Japan-based Nippon Steel? U.S. Steel is, as its name suggests, synonymous with the country’s ...
PHILADELPHIA - President Biden’s move to block the takeover of U.S. Steel by Japan’s Nippon Steel is being met with widely differing views as the steelworkers union applauds the decision while ...
United States Steel warned Wednesday it could shut its Pittsburgh headquarters. Rebecca Droke/AFP/Getty Images Reports that President Joe Biden has decided to block the proposed acquisition of U.S ...
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Morgan Stanley analyst Carlos De Alba lowered the firm’s price target on U.S. Steel (X) to $39 from $47 and keeps an Overweight rating on the shares after President Biden blocked Nippon Steel ...
U.S. Steel’s stock plunged more than 7% in the late morning following the announcement. The move by Biden marks a bold use of executive authority in the final days of his presidency.
By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale ...
President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...
U.S. President Joe Biden officially blocked Nippon Steel’s proposed $14.9-billion purchase of U.S. Steel X-N on Friday, citing national security concerns, dealing a potentially fatal blow to the ...
This compares to the stock's 24.2% loss over the past four weeks. U.S. Steel’s stock popped on reports that Nippon Steel has proposed giving the U.S. government veto power over any potential red ...
Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...