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As President Joe Biden prepares to block the deal between Nippon Steel Corp (OTC:NPSCY) and United States Steel (NYSE:X), the head of United Steelworkers says that the Japanese steelmaker needs to ...
Nearly a year ago, Japanese steelmaker Nippon Steel made a $14.9 billion bid to purchase U.S. Steel, which employs 4,000 people in Pennsylvania.Most of those jobs are in the city of Pittsburgh.U.S ...
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
US Steel CEO David Burritt spoke to Fox Business' Lydia Hu about their lawsuit against the Biden administration for its decision to block the company's merger with Nippon Steel. CBP seizes rocket ...
U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the deal will be completed despite President Joe Biden's vocal ...
The Pittsburgh-based manufacturer, which has its Granite City Works in St. Louis' Metro East, and Nippon Steel have filed a lawsuit to overturn Biden's decision to block the sale. United States ...
Chief Executive Officer David Burritt, who stood to rake in more than $70 million himself if the sale had been consummated, has been allowed to misallocate capital, issue unreliable and ...
CEO David Burritt said the nearly $3 billion that Japan-based Nippon Steel has pledged to invest in the Pittsburgh company’s older mills is critical to keeping them competitive and maintaining ...
It was late May when David Burritt, the chief executive of U.S. Steel, took the stage at a celebration tent outside the Keetac mine, its walls draped with stars and stripes and the “Made in ...