Nippon Steel, U.S. Steel sue over Biden decision to block sale

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Tue, January 7, 2025

[ Tue, Jan 07th ] - ABC

House passes Laken Riley Act as 1st bill of new GOP-controlled Congress

[ Tue, Jan 07th ] - Slate

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[ Tue, Jan 07th ] - Reuters

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[ Tue, Jan 07th ] - ABC

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Keir Starmer torpedoes Elon Musk over 'lies' about grooming gangs

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Mon, January 6, 2025

[ Mon, Jan 06th ] - Time

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[ Mon, Jan 06th ] - Politico

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[ Mon, Jan 06th ] - Reuters

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[ Mon, Jan 06th ] - Yahoo

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[ Mon, Jan 06th ] - ABC

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[ Mon, Jan 06th ] - Yahoo

Canadian Prime Minister Justin Trudeau announces his resignation

[ Mon, Jan 06th ] - CNN

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[ Mon, Jan 06th ] - ABC

Canadian Prime Minister Justin Trudeau resigns as leader of Liberal Party

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Explainer-The child rape scandal dominating UK politics after Musk criticism

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PM accuses Musk of 'spreading lies and misinformation' over grooming gangs

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Biden bans all future offshore oil and gas drilling

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Canada Prime Minister Justin Trudeau likely to announce resignation, reports say

[ Mon, Jan 06th ] - MSN

Nippon, US Steel file suit after Biden administration blocks $15 billion deal

[ Mon, Jan 06th ] - MSN

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Keir Starmer fires back at Elon Musk and attacks 'lies' over grooming gangs

[ Mon, Jan 06th ] - BBC

Starmer criticises 'lies and misinformation' over child sexual abuse as he hits back at Musk

[ Mon, Jan 06th ] - Yahoo

Congress is ready to certify Trump's election win, but his Jan. 6 legacy hangs over the day

[ Mon, Jan 06th ] - MSN

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Union Minister Rajiv Ranjan (Lalan) Singh offers prayers at Maa Kamakhya Temple in Guwahati

[ Mon, Jan 06th ] - BBC

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[ Mon, Jan 06th ] - MSN

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Justin Trudeau - latest: Canadian prime minister .. o resign' as early as today over Trump tariff row

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[ Mon, Jan 06th ] - MSN

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[ Mon, Jan 06th ] - CNN

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[ Mon, Jan 06th ] - Yahoo

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[ Sun, Jan 05th ] - Governing

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Nippon Steel, U.S. Steel sue over Biden decision to block sale

_{//politics-government.news-articles.net/content/ .. steel-sue-over-biden-decision-to-block-sale.html}
^{Published in Politics and Government on Monday, January 6th 2025 at 11:00 GMT by MSN}

U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.

Nippon Steel and U.S. Steel have initiated legal action against the Biden administration following President Joe Biden's decision to block the $14.9 billion acquisition of U.S. Steel by the Japanese company. The lawsuit, filed in the U.S. District Court for the District of Columbia, challenges the administration's use of the Defense Production Act to halt the deal, arguing that the decision was politically motivated, particularly in light of the upcoming election in Pennsylvania, where U.S. Steel is based. The companies assert that the block is not only an overreach of executive power but also detrimental to U.S. Steel's shareholders and the broader economic interests of the U.S. The lawsuit seeks to have the decision overturned, highlighting that the acquisition would have brought significant investment and technological advancements to U.S. Steel.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/nippon-steel-u-s-steel-sue-over-biden-decision-to-block-sale/ar-AA1x2Y6E ]

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