GARY, Ind. (CBS) --President Joe Biden blocked a $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel, a deal that Northwest Indiana officials said would have provided a much-needed ...
The glory of the past joined the promise of the future Thursday as Gary, Indiana's mayor and Japan's Nippon Steel made their case for why the purchase of U.S. Steel would be a good thing for the ...
U.S. Steel has major operations in Indiana employing about 4,000 people. The company founded the city of Gary in Indiana in 1906 with its Gary Works operation that at one time employed some 30,000 ...
U.S. Steel said it remains committed to pursuing a deal with Nippon, believing it is best for the U.S. steel industry, supply ...
WASHINGTON—President Joe Biden has blocked Nippon Steel’s $15 billion bid to acquire U.S. Steel. This decision aims to protect jobs, union agreements, and national security while preserving domestic ...
GARY, Ind. (WLS) -- Leaders in Northwest Indiana reacted Friday after President Joe Biden decided to block Japan's Nippon Steel from acquiring U.S. Steel. The U.S. Steel smokestacks along the ...
U.S. Rep. Frank Mrvan, D-Highland, speaks during an event celebrating the construction of a pig iron caster at U.S. Steel Gary Works on Thursday, May 26, 2022. (Kyle Telechan for the Post-Tribune) ...
A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company Nippon Steel from acquiring U.S. Steel for $15 billion, a controversial ...
Consent of the governed is one of the founding principles of our country. Embedded in the Declaration of Independence, it harks to the frustrations of American colonists over unjust laws and levies ...
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of ...