U.S. Steel and its would-be Japanese suitor Nippon Steel have gone to court to defend their $15 billion merger, after President Biden on Friday moved to block the deal, citing national security ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

U.S. Steel (NYSE:X) and Japan's Nippon Steel are locked in a legal and political battle royale after President Joe Biden blocked Nippon's $14.1 billion buyout of the iconic American steelmaker.

TOKYO -- Nippon Steel Chairman and CEO Eiji Hashimoto said Tuesday the company would continue to fight for a successful buyout of U.S. Steel as it has filed lawsuits against the U.S. government ...

If U.S. Steel can be transformed into an updated, future entity, it can work with partners around the world like Nippon to mount a strong competitive advantage against the threat of Chinese state ...

“Allowing it to purchase U.S. Steel would have offered it the opportunity to further destabilize our trade system from within and in the process, compromise our ability to meet our own national ...

WASHINGTON — Nippon Steel and U.S. Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon’s proposed $15-billion acquisition of the Pittsburgh company and ...

WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh ...

Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security. "It is my solemn responsibility as president to ...

As he heads for the exit, however, one of Biden's final executive actions lays the groundwork for a massive consolidation of the American steel industry. In blocking U.S. Steel's acquisition by ...