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U.S. Steel, Nippon file lawsuits over Biden's block of merger

Name: U.S. Steel, Nippon file lawsuits over Biden's block of merger
Uploaded: 2025-01-06T11:25:00-0500
Duration: 2 min 46 s
Description: U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more.

U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more.