U.S. Steel and Nippon have also filed a lawsuit against rival U.S. steelmaker Cleveland-Cliffs (CLF), its CEO Lourenco Goncalves, and U.S. Steelworkers union President David McCall for opposing ...

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 two steel giants said the move was "political." The beleaguered US Steel and Japanese giant Nippon Steel jointly filed on Monday a lawsuit challenging outgoing President Joe Biden's decision ...

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/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially fatal ...

The intersection of politics and national security likely played a role in President Joe Biden’s decision to reject the proposed sale of U.S. Steel to a Japanese company, according to experts.

United States Steel warned Wednesday it could shut its Pittsburgh headquarters. Rebecca Droke/AFP/Getty Images Reports that President Joe Biden has decided to block the proposed acquisition of U.S ...

WASHINGTON -- U.S President Joe Biden has decided to block Nippon Steel's $14.9 billion bid for U.S. Steel, the Washington Post reported on Thursday. The move comes after a powerful investment ...

WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday ...